
Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $262,813 Fair Market Value by -12%. While the home carries a Condition Rating of 5, the expansive 14,810 sqft lot and RV parking capabilities provide significant value-add potential. The 1964 infrastructure requires modernization, yet the versatile enclosed bonus room offers immediate utility. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Owner-Occupants seeking to build equity through strategic renovation in a 55+ community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28610 Pebble Beach Dr Subject | $295,000* List Price | 2 | 1 | 992 | $265 | - |
A 26509 Sun City Active Under Contract | $370,000 List Price | 3 | 2 | 1,308 | $283 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1964 (60 years old) and shows no evidence of recent major renovations. The kitchen features original or 30+ year old cabinetry and appliances, and the interior contains dated wood paneling and popcorn ceilings. While functional, the age of the structure and systems exceeds the 30-50 year threshold for rehab, and visible driveway cracking suggests deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 992.
The property features a rare 14,810 sqft lot, providing exceptional space for RV parking, gardening, and outdoor hobbies that is seldom found in 55+ communities.
A large enclosed bonus room offers significant flexibility, serving as a functional space for a home office, craft room, or fitness area to suit various lifestyle needs.
Built in 1964, the home may require updates to major systems and cosmetic finishes to meet modern energy efficiency and aesthetic standards.
With only one bathroom for a two-bedroom residence, the layout may be less convenient for homeowners who frequently host guests or prefer a primary suite arrangement.
Welcome to this charming home located in a desirable 55+ community! Situated on an expansive lot, this property offers an incredible amount of outdoor space with room for RV parking, recreational vehicles, gardening, hobbies, and more. The low-maintenance front and rear yards provide endless possibilities for enjoying the Southern California lifestyle. Inside, you'll find a spacious living area filled with natural light, a functional kitchen with ample storage, indoor laundry, and comfortable bedrooms. A large enclosed bonus room offers exceptional flexibility and can be utilized as a hobby room, craft space, home office, game room, fitness area, or additional gathering space to fit your lifestyle needs. Step outside to discover a backyard that truly sets this property apart. The expansive lot features a covered patio, storage shed, mature fruit trees, gated access, and plenty of room for gardening, entertaining, RV parking, recreational vehicles, or creating your own outdoor retreat. Whether you're looking for space to spread out, pursue your hobbies, or simply enjoy the peaceful surroundings, this property offers a unique opportunity rarely found in the community. Don't miss your chance to own a home with space, versatility, mature fruit trees, and endless potential in one of the area's sought-after 55+ neighborhoods.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 992 | 1,404 | 13% |
| Lot Size | 14,810 | 7,405 | 97% |
| Price | $295.0K | $399.0K | 7% |
| Price per sq ft | $297 | $292 | 52% |
| Built year | 1964 | 1976 | 28% |
| HOA | $450.0 | $94 | 85% |
| Days on market | 3 | 137 | 3% |
Jun 3, 2026
$295,000
Initial Listing