28232 Palm Villa Drive, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath
28232 Palm Villa Drive
Menifee, California 92584
Property Price
SUMMARY
Analysis of 28232 Palm Villa Drive, Menifee, California 92584 reveals a Fairly Priced Property with a current list price of $474,999 aligned with the estimated $474,999 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28232 Palm Villa Drive Subject | $474,999* List Price | 3 | 2 | 1,299 | $366 | - |
A 29863 Camino Cristal Sold | $530,000 | 3 | 2 | 1,329 | $399 | 0.6 mi |
B 28820 Corte Suerte Sold | $535,000 | 3 | 2 | 1,329 | $403 | 0.5 mi |
C 30186 Calle Belcanto Sold | $505,000 | 3 | 2 | 1,334 | $379 | 0.6 mi |
D 29915 Camino Cristal Sold | $475,000 | 3 | 2 | 1,449 | $328 | 0.6 mi |
E 28200 Valombrosa Drive Sold | $410,000 | 3 | 2 | 1,206 | $340 | 0.2 mi |
F 27786 Panorama Hills Drive Sold | $435,000 | 2 | 2 | 1,297 | $335 | 0.7 mi |
G 29827 Camino Cristal Pending | $540,000 List Price | 3 | 2 | 1,329 | $406 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1990, this home has received significant updates that make it move-in ready. It features newer LVP flooring throughout, fresh paint, and a fully modernized guest bathroom with contemporary fixtures and vanity. The kitchen benefits from updated stainless steel appliances (range, refrigerator) and a modern faucet. However, some elements, such as the kitchen's fluorescent lighting and countertops, and the master bathroom's vanity and lighting, show their age and are dated. Despite these older components, the overall condition is good due to the extensive flooring update and other modernizations, indicating it's well-maintained and functional without immediate major renovation needs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1299.
- Panoramic Golf Course & Mountain Views
The property boasts exceptional, sweeping views of the Menifee Lakes Golf Course, the lake, Big Bear, and surrounding mountains, providing a stunning backdrop for daily living.
- Expansive & Versatile Lot
Featuring the largest lot in the Menifee Lakes Golf Club community, this property offers ample outdoor space for entertaining, recreation, and enjoying the Southern California lifestyle.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1990, the home is over 30 years old, which may suggest that interior finishes, systems, or appliances could be dated and potentially require updates or renovations.
- Limited Buyer Pool
As a property within a 55+ community, the age restriction significantly narrows the market of potential buyers, which could impact resale value and market time.
- Monthly HOA Fees
The property incurs a monthly association fee of $190, which is an additional recurring cost that buyers must factor into their budget.
About 28232 Palm Villa Drive
VIEWS-VIEWS-VIEWS! This home is in an amazing 55+ Community and is all about the view and the incredible lot! Set on the Menifee Lakes Golf Course and the lake, this home offers sweeping views of Big Bear and the surrounding mountains that will take your breath away. This charming single-story home features 3 bedrooms, 2 bathrooms. With the largest lot in the Menifee Lakes Golf Club community, you’ll have room to truly live the Southern California lifestyle. Step outside and imagine the possibilities—backyard barbecues, friendly games of horseshoes, bocce ball, or even a little badminton. Entertaining here is a dream, with wide-open space and those unbeatable views as your backdrop. And if you love golf, you’ll be thrilled to know you can finish a round and pop home for lunch—the course is literally right outside your lot! The community itself offers wonderful amenities, including a sparkling pool just down the street. Beyond the gates, shopping and dining options are growing rapidly, giving you everything you need just minutes away. Easy freeway access makes commuting simple, though this home is designed to be enjoyed—you may never want to leave! Whether you’re looking for a forever home or the perfect retreat this home and community combines location, lifestyle, and one-of-a-kind outdoor space in a way you won’t find anywhere else.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $190.0 / Month
Neighborhood Insights
Menifee Unified Schools
Freedom Crest Elementary School
Grades K-5 • 1.0 mi
Hans Christensen Middle School
Grades 6-8 • 2.3 mi
Pinacate Middle School
Grades 7-8 • 6.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,299 | 2,320.5 | 7% |
| Lot Size | 8,276 | 7,405 | 70% |
| Price | $475.0K | $621.8K | 6% |
| Price per sq ft | $366 | $271 | 90% |
| Built year | 1990 | 2007 | 12% |
| HOA | $190.0 | $81 | 83% |
| Days on market | 163 | 178 | 43% |
Pricing History
Listed for Sale
Jan 22, 2026
$474,999
$499,999
-5% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$499,999
Initial Listing