28751 Olympia Way, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath
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Menifee, California 92586
This Turnkey Single-Story Residence is a Strong Value Opportunity, listed at $424,900—positioned above the $397,684 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 2, showcasing a comprehensive recent remodel with modern quartz countertops and LVP flooring. The 55+ Community setting offers a low-maintenance lifestyle with a minimal $37 HOA fee. This home provides a stable, move-in ready environment for Active Seniors or Downsizing Retirees seeking a modern, accessible sanctuary in Menifee.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28751 Olympia Way Subject | $424,900* List Price | 3 | 2 | 1,308 | $304 | - |
A 27146 El Rancho Sold | $375,000 | 3 | 2 | 1,308 | $287 | 0.5 mi |
B 29020 Olympia Sold | $430,000 | 2 | 2 | 1,460 | $295 | 0.3 mi |
C 28890 Snead Sold | $390,000 | 3 | 2 | 1,338 | $291 | 0.2 mi |
D 28630 Carmel Road Sold | $425,000 | 3 | 2 | 1,609 | $264 | 0.3 mi |
E 29147 Waverly Drive Sold | $410,000 | 3 | 2 | 1,460 | $281 | 0.7 mi |
F 28960 Olympia Sold | $429,000 | 2 | 2 | 1,404 | $306 | 0.2 mi |
G 29085 Griffith Pending | $429,800 List Price | 3 | 2 | 1,313 | $327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1964 build date, the property has undergone a comprehensive recent remodel (likely <5 years) featuring modern white shaker cabinets, quartz countertops, a stainless steel undermount sink, and new LVP flooring. The interior is in mint, move-in ready condition with updated fixtures and finishes throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1308.
The property is described as nicely remodeled and move-in ready, offering immediate occupancy without the need for additional renovation or repair costs.
With an exceptionally low monthly association fee of $37, this home provides significant long-term affordability compared to other age-restricted communities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1308, other record living area = 1500.
Built in 1964, the property may have older underlying systems such as plumbing or electrical that could require attention despite the cosmetic interior updates.
As an age-restricted 55+ community residence, the potential market for resale is limited to a specific demographic, which can impact future liquidity.
BEAUTIFUL MOVE IN READY HOME, SINGLE STORY , 55+ COMMUNITY, 3 BEDROOMS, 2 BATHS, NICELY REMODELED, IT WILL NOT LAST.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,308 | 1,404 | 35% |
| Lot Size | 7,841 | 7,405 | 68% |
| Price | $424.9K | $402.0K | 59% |
| Price per sq ft | $325 | $294 | 71% |
| Built year | 1964 | 1975 | 29% |
| HOA | $37.0 | $67 | 39% |
| Days on market | 8 | 138 | 4% |
Jun 6, 2026
$424,900
Initial Listing
Dec 28, 2012
$97,000
Public Record
Feb 21, 2007
$180,500
Public Record