
Menifee, California 92584
This Single Family Residence is a High-Potential Investment Opportunity, listed at $1,199,000—positioned slightly above the $1,161,827 Fair Market Value. While priced at market, the property offers significant upside through its 36,155 sqft lot, newly re-plastered pool and spa, and expanded 3-car garage with car-lift capability. With a Fair Condition Rating, the home provides a solid foundation for cosmetic updates to the kitchen to drive further appreciation. This unique property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Buy-and-Hold Investors targeting high-end rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28450 Capano Bay Court Subject | $1,199,000* List Price | 4 | 3 | 2,325 | $500 | - |
A 28720 Jenny Pending | $1,039,900 List Price | 4 | 3 | 2,350 | $443 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 20 years old. While exceptionally well-maintained and featuring a remodeled primary bath, the kitchen remains dated with original oak cabinetry and tile countertops. The overall aesthetic and age of the home's primary systems align with the 'Fair' criteria, as it is move-in ready but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36155, living area = 2325.
The nearly 0.83-acre usable lot features a newly re-plastered pool and spa, gated RV access, and premium Alumawood patio covers, offering an exceptional private retreat.
High-end finishes including a $10,000 wind-resistant security door, custom Travertine and hardwood flooring, and a fully remodeled primary suite with a bespoke vanity and jetted tub.
The property utilizes propane for the water heater, which can lead to higher utility costs and the inconvenience of tank monitoring compared to standard natural gas.
While many surfaces are updated, the 1999 construction suggests that core systems like the HVAC or roof may be approaching the end of their typical service life.
Wow! Come see this stunning single story pool home on a huge fully usable lot in the sought after J-Bar Ranch community! From the moment you pull up, you will be charmed by the curb appeal while boasting lush landscaping, cement tile roof, large porch, an expanded 3-car attached garage, long driveway with gated RV access and plenty of space to park your boats, toys, or whatever! Enter the home through a $10k front door system designed to withstand 170 mph winds with a state-of-the-art locking mechanism for enhanced security and be greeted by custom Travertine flooring in the foyer. The formal living and dining room boasts elegant floating hardwood floors, crown moldings and a custom marble fireplace, exuding sophistication and charm. This home is designed for comfort and convenience, featuring the family room open to the kitchen with secondary fireplace and vaulted ceilings in this room and many in the home. The gourmet kitchen is a chef's dream, equipped with 27'' double ovens, a micro/convection combo oven, a 5-burner stainless steel gas cooktop, a Whirlpool trash compactor, and a GE top-of-the-line silent dishwasher. Just off the kitchen is a large indoor laundry room with attached powder room. The primary suite features a fully remodeled bathroom with luxurious Kohler brushed nickel faucets, features a bespoke vanity with double inset sinks, tiled shower with full glass enclosure, separate large sized jetted soaking tub, and walk-in closet offering cherrywood custom shelving, drawers, and ample shoe storage. Three more good-sized bedrooms all featuring ceiling fans and mirrored closet doors conveniently located near the full hall bathroom make up the rest of the interior space. Recent upgrades include a highly efficient propane gas water heater, new pool and waterfall pumps, and refreshed hunter green exterior paint in 2022. Outdoor living is a delight in this incredible fully fenced backyard, featuring a 14-foot deep concrete patio covered with insulated Alumawood, an exquisite hexagon concrete pad with a Tepraco aluminum gazebo, lush landscaping with multiple grass areas, fruit trees, a beautiful newly re-plastered pool and spa with waterfall feature, and so much more open land to create other opportunities. Car lovers will appreciate the spacious garage with a raised ceiling to accommodate a car lift for double-stacked parking making a total of 4 car spaces possible. For added peace of mind, the home features hidden security cameras in Kuna light fixtures, providing live feed surveillance. This exceptional property offers not only an unparalleled blend of luxury, functionality, and security but is conveniently located less than 5 minutes to the 215 and all the wonderful amenities the City of Menifee has to offer. Don't miss the opportunity to make this extraordinary home yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,325 | 2,315 | 51% |
| Lot Size | 36,155 | 7,405 | 97% |
| Price | $1.20M | $632.9K | 99% |
| Price per sq ft | $516 | $274 | 98% |
| Built year | 1999 | 2008 | 16% |
| HOA | $0 | $81 | 25% |
| Days on market | 33 | 157 | 4% |
May 12, 2026
$1,199,000
Initial Listing
Feb 22, 1999
$279,500
Public Record