28920 Raintree, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath

28920 Raintree, Menifee, California 92584 home-pic-0

28920 Raintree

Menifee, California 92584

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,780Sq Ft
6,534Lot Size

Property Price

LIST PRICE$530,000
EST. MARKET VALUE
$530,000

SUMMARY

Estimated Market Value

$530,000
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
28920 Raintree
Subject
$530,000*
List Price
321,780$298-
A
28929 Raintree Drive
Sold
$480,000321,560$3080.0 mi
B
29484 Corte Vista Lane
Sold
$604,000431,846$3270.6 mi
C
29243 Hidden Lake Drive
Sold
$524,999221,814$2890.2 mi
D
27946 Panorama Hills
Sold
$469,000221,500$3130.9 mi
E
28545 Raintree
Sold
$600,000322,121$2830.3 mi
F
29263 Hidden Lake Drive
Sold
$540,000321,814$2980.2 mi
G
29245 Winding Brook Drive
Active
$545,000
List Price
321,780$3060.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1999, falls within the 10-20 year renovation window for a 'Good' score. The interior features Bruce hardwood flooring, plantation shutters, and custom doors, indicating thoughtful updates. The kitchen is described as well-appointed with custom countertops, under-cabinet lighting, and like-new appliances, suggesting it's functional and aesthetically pleasing. The presence of central heating and air conditioning, a tankless water heater, and ceiling fans points to well-maintained systems. The backyard has been enhanced with an electrified pergola and new landscaping. While not a recent full renovation, the property is move-in ready with no immediate major repairs needed, aligning with the 'Good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime 55+ Community

    Located in 'The Oasis,' a highly desirable gated 55+ community offering a vibrant lifestyle with extensive amenities including a clubhouse, pool, spa, fitness center, and sports courts.

  • Enhanced Outdoor Living

    The newly enhanced backyard features an electrified pergola with mosquito netting and privacy curtains, a tranquil fountain, and a fully fenced yard with new drip sprinklers, perfect for relaxation and entertaining.

  • Interior Upgrades & Comfort

    Thoughtful interior details include Bruce hardwood flooring, plantation shutters, custom doors, a cozy gas fireplace, and central heating and air conditioning for year-round comfort.

CONSRISKS & DEFICIENCIES

  • Price Reduction History

    The property has undergone two price reductions from its original list price, indicating potential market resistance or a need for further adjustment.

  • Older Construction

    Built in 1999, the home may require updates to meet modern buyer expectations for finishes and technology, despite existing upgrades.

  • Limited View Description

    While 'Hills, Neighborhood' is listed as a view, the description does not highlight any particularly striking or unique vistas that could significantly enhance market appeal.

About 28920 Raintree

Embrace a life of comfort, connection, and relaxation in this beautifully maintained home located in The Oasis, one of Menifee’s most sought-after 55+ gated communities. Bright, open living spaces flow effortlessly for everyday enjoyment and easy entertaining, while the private backyard offers a peaceful retreat complete with 220-volt power ready for your spa—perfect for unwinding beneath the stars. This inviting home features thoughtful details throughout, including a cozy gas fireplace, central heating and air conditioning, and ceiling fans for year-round comfort. Plantation shutters, Bruce hardwood flooring, and custom transom and French doors add an elegant touch. The well-appointed kitchen includes custom countertops, under-cabinet lighting, a like-new dishwasher and double oven, and plenty of space to cook, dine, and gather. A tankless water heater ensures efficiency, and generous walk-in closets provide ample storage. Step outside to enjoy the newly enhanced backyard featuring an electrified pergola with mosquito netting and privacy curtains—ideal for relaxing afternoons or hosting friends. A gentle fountain adds a touch of tranquility, while new drip sprinklers and a fully fenced yard keep the outdoor space lush and low-maintenance. The two-car garage includes custom cabinets, offering convenience and organization for tools and hobbies. Both front and back security doors provide peace of mind. At The Oasis, neighbors become friends and every day feels like a getaway. The vibrant clubhouse offers a fitness center, library, hobby rooms, billiards, and a ballroom for community events. Outdoors, residents enjoy a sparkling pool and spa, barbecue area, tennis and pickleball courts, and beautifully landscaped walking paths. Enjoy a carefree lifestyle with front-yard care and common-area maintenance included—giving you more time to explore local golf courses, nearby wineries, and scenic mountain trails. Conveniently located close to shopping, dining, medical services, the Menifee fire station, and the community dog park, this home offers the best of Southern California’s relaxed and welcoming lifestyle.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1999
Lot Size
6,534 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$330.0 / Month

Neighborhood Insights

Menifee Unified Schools

Freedom Crest Elementary School

Grades K-5 • 0.1 mi

3/10

Ethan A Chase Middle School

Grades 6-8 • 1.3 mi

4/10

Hans Christensen Middle School

Grades 6-8 • 2.0 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
38%
Baths2.03.0
35%
Square foot1,7802,320.5
21%
Lot Size6,5347,405
37%
Price$530.0K$621.8K
14%
Price per sq ft$298$271
67%
Built year19992007
18%
HOA$330.0$81
91%
Days on market120178
21%

Pricing History

Listed for Sale

Feb 10, 2026

$530,000

$550,000

-4% Price Drop

Initial Listing

Price Change

Jan 3, 2026

$550,000

$599,000

-8% Price Drop

Initial Listing

Price Change

Nov 7, 2025

$599,000

Initial Listing

Sold

Dec 20, 2001

$204,000

Public Record

Sold

Jun 29, 2000

$174,000

Public Record

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