
Menifee, California 92584
This Spacious Single-Story Residence is a Prime Investment Opportunity, listed at $539,900—positioned well below the $557,378 Fair Market Value by 3%. This valuation gap offers $17,478 in Instant Equity. Boasting a Well-Maintained Condition Rating, the 2,382 sqft floor plan features an Expansive Master Suite with a massive walk-in closet and a Private Rear Patio. Located in The Oasis 55+ Community within the North Fork district, it balances lifestyle with value-add potential. This is ideal for Active Adults or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28667 Peach Springs Subject | $539,900* List Price | 2 | 3 | 2,382 | $208 | - |
A 29557 Warmsprings Drive Sold | $519,000 | 2 | 2 | 2,091 | $248 | 0.3 mi |
B 29427 Winding Brook Sold | $505,000 | 3 | 3 | 2,382 | $212 | 0.1 mi |
C 28433 Oasis View Circle Sold | $540,000 | 2 | 2 | 2,139 | $252 | 0.2 mi |
D 28918 Lake Fork Drive Sold | $450,000 | 2 | 2 | 1,649 | $273 | 0.2 mi |
E 28545 Raintree Sold | $600,000 | 3 | 2 | 2,121 | $283 | 0.1 mi |
F 28253 Harmony Lane Sold | $415,000 | 2 | 2 | 1,690 | $246 | 0.4 mi |
G 29454 Winding Brook Active | $579,999 List Price | 2 | 3 | 2,382 | $243 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this property is well-maintained and move-in ready but remains largely in its original condition. The kitchen features dated white appliances, oak-style cabinetry, and tile countertops typical of its era. While the home is clean and functional, the flooring, light fixtures, and bathroom finishes show signs of being outdated and lack the modern renovations required for a higher score.
The property features an exceptionally large master bedroom and a massive walk-in closet with three levels of shelving, providing rare and abundant storage space for a senior living floor plan.
At 2,382 square feet, this single-story home offers a functional design including a dedicated den/office and a secondary bedroom with a private bath, ideal for guests or remote work.
Located in the highly regarded Oasis community, the home is just one mile from Menifee's new downtown area and offers convenient access to the 215 freeway for easy commuting.
The monthly HOA fee of $330 is a significant recurring cost that may be a deterrent for buyers on a fixed retirement income.
Despite the generous nearly 2,400 square foot footprint, the home only provides two bedrooms, which may limit its appeal to those needing extra space for family or frequent visitors.
Lovely and large single-story home in Menifee's best retirement community of The Oasis. This home has a large double door entry with a formal entry as well a spacious rear facing living room opening onto a formal dining area. One wing has the secondary bedroom with private bath, as well as a large den or office. Just right for informal get togethers or meetings. The kitchen is very large and has a great center island perfect for serving many people at a get together. Next to the kitchen is a separate family room with fireplace as well as direct access to the lovely rear yard. The yard has a patio area perfect for outdoor entertainment. The other wing of the house contains the huge master bedroom with enough floor space to handle two king sized beds as well as other furniture such as a chest of drawers and a large bureau and end tables. The best feature of the home is the huge walk-in closet with three levels of pole and shelf space. You have to see it to believe it. There is enough pole space to hang hundreds of shirts, blouses and assorted clothes for hanging. It's got "crazy space" The Oasis is a wonderful senior community just one mile from Menifee's new downtown area and right off the 215 freeway.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,382 | 2,310 | 54% |
| Lot Size | 6,098 | 7,405 | 31% |
| Price | $539.9K | $620.0K | 15% |
| Price per sq ft | $227 | $274 | 10% |
| Built year | 2001 | 2008 | 21% |
| HOA | $330.0 | $84 | 91% |
| Days on market | 43 | 181 | 4% |
Mar 10, 2026
$539,900
Initial Listing
Mar 31, 2009
$325,000
Public Record
Oct 10, 2003
$325,000
Public Record
Apr 5, 2002
$245,500
Public Record