28937 Snead, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This High-Potential Investment Opportunity is listed at $359,000, positioned slightly above the $351,429 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, it features significant system upgrades including a newer roof and energy-efficient windows. The large 7,405 sq. ft. lot and scenic City Lights and Hills views provide excellent long-term appeal. Located in a desirable 55+ community with low $38 HOA fees, this home is an ideal acquisition for Buy-and-Hold Investors or active retirees seeking a manageable, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28937 Snead Subject | $359,000* List Price | 2 | 2 | 1,262 | $278 | - |
A 26790 Oakmont Drive Sold | $297,000 | 3 | 2 | 1,314 | $226 | 0.3 mi |
B 29180 Del Monte Dr. Sold | $369,000 | 3 | 2 | 1,308 | $282 | 0.4 mi |
C 26363 Ridgemoor Road Sold | $385,000 | 2 | 2 | 1,308 | $294 | 0.5 mi |
D 29980 Carmel Road Sold | $385,900 | 3 | 2 | 1,618 | $239 | 0.6 mi |
E 28839 Carmel Road Sold | $305,000 | 2 | 2 | 1,098 | $278 | 0.4 mi |
F 27147 El Rancho Sold | $312,000 | 2 | 1 | 992 | $315 | 0.4 mi |
G 26661 Potomac Drive Sold | $449,000 | 3 | 2 | 1,308 | $343 | 0.5 mi |
H 26280 Ridgemoor Sold | $332,500 | 3 | 2 | 1,308 | $254 | 0.6 mi |
I 29147 Pebble Beach Drive Active | $439,900 List Price | 2 | 2 | 1,404 | $313 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is well-maintained with key system upgrades including a newer roof and energy-efficient windows. However, the interior remains dated with older wallpaper and carpet, and while functional, the kitchen and baths likely require modern updates to move beyond its 20+ year renovation feel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1262.
The property features significant recent improvements including a newer roof, energy-efficient windows, and updated laminate flooring, reducing immediate capital expenditure for the buyer.
Priced competitively for the area, the home offers access to resort-style 55+ amenities like golf and a clubhouse for an impressively low monthly association fee of only $38.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1262, other record living area = 1098.
Built in 1964, the home may possess older underlying plumbing or electrical systems that could require future modernization despite the visible surface upgrades.
Located in a 55+ senior community, the property has a restricted buyer pool which limits resale flexibility compared to standard residential neighborhoods.
Cozy but spacious. Experience resort-style 55+ living in this beautifully maintained 1,262 sq. ft. Menifee retreat. Featuring 2 bedrooms, 2 baths , and an attached garage , the home boasts a fresh exterior paint, newer roof, energy-efficient windows, new oven, and laminate flooring .Located in the highly desirable senior community of Sun City / Menifee, you are granted exclusive access to wonderful neighborhood amenities. Enjoy an active lifestyle with community golf, a welcoming clubhouse, and social activities right at your doorstep. Plus, you are centrally located with close access to local shopping and dining. Priced to Sell! Flooring allowance!
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,262 | 2,007 |
| Lot Size | 7,405 | 7,405 |
| Price | $359.0K | $585.6K |
| Price per sq ft | $284 | $286 |
| Built year | 1964 | 2005 |
| HOA | $38.0 | $93 |
| Days on market | 18 | 60 |
Jul 4, 2026
$359,000
Initial Listing
Nov 30, 2017
$215,000
Public Record
Jul 30, 2004
$200,000
Public Record
Sep 29, 2000
$90,000
Public Record