28483 Nautical Point, Menifee, California 92585, Menifee, 92585 - 4 bed, 3 bath
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Menifee, California 92585
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $470,000—positioned well below the $537,248 Fair Market Value by 12%. This valuation gap offers $67,248 in Instant Equity for the buyer. The property maintains a Good Condition Rating and features a 3-car tandem garage, dual-zone HVAC, and a lattice-covered patio. Located on a quiet cul-de-sac near local schools, it balances financial upside with functional living. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28483 Nautical Point Subject | $740,000* List Price | 4 | 3 | 2,908 | $246 | - |
A 28479 Nautical Point Sold | $765,000 | 4 | 3 | 3,134 | $244 | 0.0 mi |
B 28381 Pacific Court Sold | $770,000 | 4 | 3 | 3,134 | $246 | 0.3 mi |
C 29009 Smooth Sailing N Sold | $695,000 | 4 | 3 | 3,134 | $222 | 0.1 mi |
D 28012 Windjammer Court Sold | $625,000 | 3 | 3 | 2,325 | $269 | 0.3 mi |
E 29399 Castaway Court Sold | $610,000 | 4 | 3 | 2,325 | $262 | 0.3 mi |
F 29813 Far Shore Drive Sold | $715,000 | 5 | 3 | 2,728 | $262 | 0.8 mi |
G 29863 Bankside Sold | $625,000 | 4 | 3 | 2,891 | $216 | 0.7 mi |
H 29433 Lake Hills Sold | $550,000 | 4 | 3 | 2,196 | $250 | 0.4 mi |
I 29733 Maritime Active | $649,999 List Price | 5 | 3 | 2,540 | $256 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009 (17 years old), this home falls squarely into the 'Good' category. It is well-maintained and move-in ready with functional, original kitchen and bath finishes. The inclusion of dual-zone HVAC systems and custom built-ins indicates pride of ownership and consistent maintenance.
With over 2,900 square feet, a dedicated office, and a 3-car tandem garage, this home offers a highly functional layout that caters perfectly to large families or those working from home.
Situated on a spacious 11,326 sq. ft. cul-de-sac lot, the property features a built-in BBQ island and a lattice-covered patio, providing a superior environment for outdoor entertaining.
Listed at $470,000—notably below its 2020 sale price of $495,000—this property represents a significant value opportunity in the current Menifee market.
The assigned elementary and middle schools carry modest ratings (3 and 4 respectively), which may be a consideration for families prioritizing top-tier educational districts.
The current list price being lower than the 2020 purchase price suggests the home may require cosmetic modernization or minor repairs to reach its full market potential.
This beautifully appointed 4-bedroom, 2.5-bath home offers a spacious and functional layout designed for comfortable living. The home features a dedicated office, separate living and family rooms, and a stunning kitchen with a large center island that's perfect for gathering and entertaining. Custom built-in bookshelves add charm and character to the living room, while abundant natural light fills the home throughout. Blinds are installed on every window for added privacy and convenience. The spacious owner's suite is a true retreat, featuring private patio access, a luxurious en-suite bathroom with a large soaking tub and separate shower, and an oversized walk-in closet. Additional highlights include dual-zone heating and air conditioning for year-round comfort, a cozy gas fireplace, a lattice-covered patio, and an outdoor BBQ island that's ideal for entertaining. The property also offers a 3-car tandem garage and a 3-car driveway, providing ample parking and storage. Situated on a quiet cul-de-sac, this home is conveniently located within the neighborhood of both an elementary and middle school, with nearby high schools just minutes away. Enjoy easy access to shopping, dining, and everyday conveniences, making this an ideal location for both comfort and convenience.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,908 | 2,007 |
| Lot Size | 11,326 | 7,405 |
| Price | $740.0K | $585.6K |
| Price per sq ft | $254 | $286 |
| Built year | 2009 | 2005 |
| HOA | $77.0 | $93 |
| Days on market | 16 | 60 |
Jul 8, 2026
$740,000
$470,000
+57% Price Increase
Initial Listing
Jul 6, 2026
$470,000
Initial Listing
Sep 8, 2020
$495,000
Public Record
Oct 10, 2013
$395,000
Public Record
Mar 12, 2010
$338,000
Public Record