28751 Olympia Way, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath
28751 Olympia Way
Menifee, California 92586
Property Price
SUMMARY
Analysis of 28751 Olympia Way, Menifee, California 92586 reveals a Fairly Priced Property with a current list price of $435,000 aligned with the estimated $447,667 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28751 Olympia Way Subject | $435,000* List Price | 3 | 2 | 1,500 | $298 | - |
A 28960 Olympia Sold | $429,000 | 2 | 2 | 1,404 | $306 | 0.2 mi |
B 28890 Snead Sold | $390,000 | 3 | 2 | 1,338 | $291 | 0.2 mi |
C 26573 Braddock Road Sold | $495,000 | 3 | 2 | 1,523 | $325 | 0.6 mi |
D 28838 Snead Dr Sold | $380,000 | 3 | 2 | 1,674 | $227 | 0.1 mi |
E 29267 Summerset Drive Sold | $470,000 | 3 | 2 | 1,408 | $334 | 0.6 mi |
F 29460 Thornhill Sold | $390,000 | 2 | 2 | 1,404 | $278 | 0.5 mi |
G 28737 Pebble Beach Drive Active | $439,900 List Price | 3 | 2 | 1,425 | $309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1964, the property has undergone a 'fully renovated from top to bottom' transformation. The description and images confirm new energy-efficient windows, luxury vinyl plank and tile flooring, new kitchen and vanity cabinets with quartz countertops and backsplashes, all new stainless steel appliances, and recessed lighting throughout. The kitchen and bathrooms are modern and appear virtually new, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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 = 1500.
- Extensive Turnkey Renovation
The home has been 'fully renovated from top to bottom,' offering a turnkey solution for buyers with freshly painted interior/exterior, new energy-efficient windows, and updated flooring.
- Modernized Interior Finishes
Key interior spaces feature new kitchen and vanity cabinets with quartz countertops, new stainless steel appliances, and recessed lighting, providing a contemporary and appealing aesthetic.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 1308.
- Original Construction Age
Despite extensive renovations, the home's original build year of 1964 suggests that some underlying infrastructure (e.g., plumbing, electrical, foundation) may still be original and warrant further inspection.
- Absence of Cooling System Mention
The property description does not specify the presence or type of a cooling system (e.g., air conditioning), which is a crucial comfort feature in Southern California's climate.
About 28751 Olympia Way
Fully renovated turnkey home in one of southern California's largest active adult communities. This open floor plan home has been upgraded from top to bottom: freshly painted interior and exterior, new energy-efficient windows for the entire home, luxury vinyl plank and tile flooring, new kitchen and vanity cabinets with quartz countertops and backsplashes, all new stainless steel appliances, as well as recessed lighting in the kitchen, living areas and bathroom. The home also features an indoor laundry room as well as an oversized single-car garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $37.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 1.4 mi
Freedom Crest Elementary School
Grades K-5 • 2.2 mi
Hans Christensen Middle School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,404 | 65% |
| Lot Size | 7,841 | 7,405 | 66% |
| Price | $435.0K | $405.0K | 63% |
| Price per sq ft | $290 | $288 | 52% |
| Built year | 1964 | 1976 | 26% |
| HOA | $37.0 | $94 | 42% |
| Days on market | 31 | 171 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$435,000
Initial Listing
Sold
Dec 28, 2012
$97,000
Public Record
Sold
Feb 21, 2007
$180,500
Public Record