28150 West Drive, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath

28150 West Drive, Menifee, California 92587 home-pic-0

28150 West Drive

Menifee, California 92587

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,327Sq Ft
Lot Size

Property Price

LIST PRICE$479,000
EST. MARKET VALUE
$500,920
4% BelowMARKET VALUE

SUMMARY

Analysis of 28150 West Drive, Menifee, California 92587 reveals a Prime Investment Opportunity with a current list price of $479,000—significantly undercutting the $500,920 Fair Market Value by 4%. This valuation gap indicates a +$21,920 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$500,920 +$21,920 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
28150 West Drive
Subject
$479,000*
List Price
321,327$377-
A
28732 Paseo Diablo
Sold
$553,000321,365$4050.9 mi
B
28296 Oregon Place
Sold
$400,000311,050$3810.4 mi
C
23821 Norma Drive
Sold
$430,000321,030$4170.7 mi
D
28320 Oregon
Pending
$494,000
List Price
321,360$3630.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive recent renovation, featuring a brand-new kitchen, new luxury flooring, fresh interior paint, and updated bathroom cabinets and plumbing fixtures. While the original structure dates to 1970, the interior has been fully refreshed with modern finishes and meets current quality standards, making it a move-in ready retreat with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Dual Parcel Opportunity

    The property includes two separate legal parcels, offering rare flexibility for future development, such as building a second home, guest house, or income-producing residence.

  • Modern Interior Renovations

    The home is move-in ready with significant upgrades, including a brand-new kitchen, luxury flooring, fresh paint, and updated bathroom fixtures throughout.

  • Expansive Outdoor Utility

    The large, private lot provides ample space for RV, boat, and recreational vehicle parking, alongside a sunny yard ideal for outdoor entertaining and gardening.

CONSRISKS & DEFICIENCIES

  • Original Construction Age

    Despite an effective age of 2000 due to updates, the original 1970 structure may require ongoing maintenance associated with older building components.

  • Rural Location

    The 'Out of Area' country setting, while private, may result in longer commute times to major urban amenities, shopping centers, and employment hubs.

About 28150 West Drive

RARE LIFESTYLE & LAND OPPORTUNITY WITH INCREDIBLE UPSIDE! Experience the best of country living just minutes from the city on this exceptional property offering two large separate legal parcels (APNs #350-073-008 & #350-073-009) — a rare chance to own land, privacy, and future development potential in one unique offering. Situated on a massive property with expansive space and beautiful view, the offering includes the main home on one parcel and a second adjacent lot ready for future possibilities. Whether you envision building a second home, guest house, or income-producing residence, this property offers flexibility for multigenerational living, investment, or long-term value creation. The existing home has been thoughtfully refreshed with new luxury flooring, a brand-new kitchen, fresh interior paint, plumbing fixtures, Bathroom cabinets and modern finishes, creating a bright, stylish, move-in ready retreat. According to tax records, the effective year built is 2000, blending updated comfort with lasting value. Step outside and enjoy a large, sunny, and private yard with abundant space for entertaining, gardens, outdoor living, and plenty of private parking for RVs, boats, Cars, and recreational toys. This property truly offers the best of both worlds — comfortable living today with exciting possibilities for tomorrow. Live in one home while building another, expand your estate, or create additional value on the second parcel. Opportunities like this — with land, flexibility, privacy, and development potential — are increasingly rare.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1970
Lot Size
-

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
49%
Square foot1,3272,198
10%
Lot Size-8,276
2%
Price$479.0K$685.0K
9%
Price per sq ft$361$349
58%
Built year19701987
6%
HOA$0$350
12%
Days on market3189
1%

Pricing History

Listed for Sale

Mar 4, 2026

$479,000

Initial Listing

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