28455 Red Apple Road, Menifee, California 92585, Menifee, 92585 - 3 bed, 2 bath
28455 Red Apple Road
Menifee, California 92585
Property Price
SUMMARY
Analysis of 28455 Red Apple Road, Menifee, California 92585 reveals a property with a current list price of $560,000, which is 11% above the estimated $495,049 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2006, this property is 18 years old and appears to retain its original builder-grade finishes. The interior features dated large ceramic tile flooring in main living areas and carpet in bedrooms. Bathrooms are functional but show clear signs of being original to the build year, with basic vanities and fixtures, and one bathroom potentially having carpet, which is outdated. While move-in ready, the kitchen (though not fully visible, likely original) and bathrooms would benefit from cosmetic updates to align with current styles. Major systems are likely original and nearing the end of their expected lifespan, as noted in the property analysis.
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 = 7840, living area = 1586.
- Prime Location
The property is situated in a 'very good area' within Menifee, suggesting desirability and potential for appreciation.
- Generous Lot Size & Type
As a corner lot with a 'big back yard,' it offers enhanced privacy, outdoor space, and curb appeal.
CONSRISKS & DEFICIENCIES
- Sparse Property Description
The listing provides minimal detail beyond basic room counts, lacking information on interior finishes, upgrades, or specific amenities, which could suggest a need for modernization or a basic interior.
- Non-Premium View
While a view is present, the 'Neighborhood' view is not a standout feature compared to more desirable views like mountains, city lights, or water, potentially limiting its unique appeal.
- Potential for Original Systems
Given the 2006 build year, key systems such as HVAC, water heater, or roofing might be original and nearing the end of their expected lifespan, potentially requiring future replacement or maintenance costs for the buyer.
About 28455 Red Apple Road
This property is located in a very good area. It is 3 bedrooms 2 baths 3 car garage and is a corner lot with a big back yard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 7,840.8 Sq. Ft.
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,586 | 2,198 | 19% |
| Lot Size | 7,840.8 | 7,405 | 64% |
| Price | $560.0K | $590.0K | 30% |
| Price per sq ft | $353 | $271 | 84% |
| Built year | 2006 | 2008 | 44% |
| HOA | $0 | $76 | 23% |
| Days on market | 92 | 183 | 10% |
Pricing History
Listed for Sale
Jan 3, 2026
$560,000
$590,000
-5% Price Drop
Initial Listing
Price Change
Dec 5, 2025
$590,000
Initial Listing
Sold
Aug 13, 2012
$155,000
Public Record
Sold
Nov 22, 2006
$350,000
Public Record