
Menifee, California 92584
This Modernized Equestrian Estate is a Prime Investment Opportunity, listed at $1,059,900—positioned well below the $1,100,407 Fair Market Value by 3%. This valuation gap provides $40,507 in Instant Equity for the incoming buyer. Boasting a Move-in Ready Condition Rating, the residence features a Renovated Black Quartz Kitchen, smart home technology, and a sprawling One-Acre Lot with horse trail access. Located in the Menifee Union district with no HOA and low taxes, it perfectly balances lifestyle luxury with financial upside. This is an exceptional find for Equestrian Enthusiasts or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28720 Jenny Subject | $1,049,900* List Price | 4 | 3 | 2,350 | $425 | - |
A 28863 Capano Bay Ct. Sold | $1,062,500 | 4 | 3 | 2,450 | $434 | 0.2 mi |
B 28719 Jenny Active | $1,129,900 List Price | 3 | 3 | 1,992 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates, including a renovated kitchen with black quartz countertops, stainless steel appliances, and updated tile flooring throughout. While the home was built in 1990, the interior has been stylishly modernized with LED lighting and smart home features. It does not quite reach the 'excellent' level as there is no mention of recent major system replacements (roof or HVAC) for a 30-plus-year-old structure, but it is exceptionally well-maintained and updated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42689, living area = 2350.
Situated on a nearly one-acre lot in the JBar Ranch community, this horse-ready property features RV access, community riding trails, and expansive space for a workshop, pool, or recreational vehicles.
The residence offers a stylishly upgraded kitchen with black quartz countertops, durable tile flooring, and energy-conscious features including a whole-house fan, LED lighting, and a smart irrigation system.
Built in 1990, the home may require upcoming maintenance or capital improvements for major systems, such as the roof or HVAC, which are not explicitly listed as recently replaced.
With a list price exceeding $1 million, the property is positioned at a premium for the Menifee market, which may limit the buyer pool for a 30-plus-year-old structure despite the large lot size.
Discover your perfect home in the highly desirable JBar Ranch neighborhood with this beautifully updated 4-bedroom, 2.5-bathroom residence. From the moment you arrive, you'll be captivated by the meticulous landscaping that sets the tone for this exceptional property. Step inside to find a stylishly upgraded kitchen featuring elegant black quartz countertops, seamlessly blending modern sophistication with functionality. The expansive great room offers a welcoming space for both relaxation and entertainment. Throughout the home, you'll appreciate the durability and beauty of tile flooring, while a cozy fireplace adds warmth to the formal living area. This home is designed with energy efficiency in mind, including LED lighting, modern appliances, and a whole-house fan. The smart sprinkler system, controllable via your smartphone, coupled with drought-tolerant landscaping, ensures both convenience and eco-friendliness. Each bedroom comes with generously sized closets, providing ample storage. Outside, you'll enjoy a private backyard oasis, fully fenced for your privacy and equipped with an RV gate. The property features fruit trees and two functional sheds that are included with the sale. Perfect for equestrian enthusiasts, this horse property offers ample space for horses and other animals, complemented by community horse riding trails. There’s also plenty of room for your recreational vehicles, a workshop, or even a pool. You can ride your dirt bike or quad right in your own backyard. With no HOA and low property taxes, along with an excellent city location, this home is a true gem. Don’t miss out on the opportunity to make this stunning property 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 | 2,350 | 2,310 | 53% |
| Lot Size | 42,689 | 7,405 | 98% |
| Price | $1.05M | $620.0K | 99% |
| Price per sq ft | $447 | $274 | 97% |
| Built year | 1990 | 2008 | 10% |
| HOA | $0 | $81 | 24% |
| Days on market | 53 | 181 | 5% |
Mar 22, 2026
$1,049,900
$1,059,900
-1% Price Drop
Initial Listing
Feb 28, 2026
$1,059,900
Initial Listing
Apr 22, 2022
$730,000
Public Record