29041 Calle De Caballos, Menifee, California 92585, Menifee, 92585 - 3 bed, 2 bath

29041 Calle De Caballos, Menifee, California 92585 home-pic-0

29041 Calle De Caballos

Menifee, California 92585

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,624Sq Ft
47,480Lot Size

Property Price

LIST PRICE$685,000
EST. MARKET VALUE
$642,079
6% AboveMARKET VALUE

SUMMARY

Analysis of 29041 Calle De Caballos, Menifee, California 92585 reveals a property with a current list price of $685,000, which is 6% above the estimated $642,079 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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

$642,079
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1980, the property has undergone extensive recent renovations within the last 5 years, bringing it to modern standards. Key upgrades include a fully remodeled kitchen with quartz countertops and new gas appliances, completely updated bathrooms with new vanities and fixtures, custom laminate flooring throughout, and the installation of new energy-efficient windows and sliders. Additionally, the property features upgraded plumbing and fresh exterior paint, representing a move-in-ready home with no 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 = 47480, living area = 1624.

  • Turnkey Equestrian Facilities

    The property is fully equipped for horse enthusiasts, featuring a large turnout arena with shade trees, multiple rail pens with shelters, a wash rack, and ample space for horse trailers.

  • Modern Interior Upgrades

    The home has been significantly updated with quartz countertops, new gas appliances, upgraded plumbing, new windows, and fully remodeled bathrooms, offering a move-in-ready experience.

CONSRISKS & DEFICIENCIES

  • Vintage Construction

    Built in 1980, the property may still possess some original structural elements or a layout that reflects its era, despite the extensive cosmetic and system upgrades.

  • Compact Living Area

    At 1,624 square feet, the interior living space is relatively modest for a ranch-style property, which may be a limitation for buyers requiring larger indoor footprints.

About 29041 Calle De Caballos

Looking for that horse property? Fresh exterior paint and ready to go.......This single level well maintained ranch style home has so much to offer for the horse lover. Beautiful high vaulted wooden ceilings, step down open family room with stone wood burning fireplace, Family dining area, open kitchen with upgraded appliances, beautiful quartz counters, gas cooktop, breakfast bar to enjoy conversations with family and friends. Newly installed gas oven and dishwasher. Family dining is open to kitchen and living area. Custom dark laminate flooring throughout. 2 nice sized guest bedrooms, one has custom built in bookshelves, plus spacious main bedroom. Completely upgraded guest bath with new shower/tub, upgraded vanity, flooring and lighting. Main bathroom has walk in shower, upgraded vanity, flooring, and lighting features. Newly installed, upgraded windows and slider. Upgraded plumbing throughout house. Rear yard has 1 - 24x24 – 4 - rail plus gate panel and 1 - 24x24 - 4 rail with 12x20 shelter. Large turnout arena with mature shade trees, completely fenced and wash rack. 3 car garage plus so much room to accommodate for that RV or horse trailer. All new fresh exterior paint with custom lighting features. The house sits back from the street with large shade trees for extra privacy. Ready for move in!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
47,480 Sq. Ft.

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
42%
Baths2.03.0
40%
Square foot1,6242,198
19%
Lot Size47,4807,405
96%
Price$685.0K$590.0K
85%
Price per sq ft$422$271
96%
Built year19802008
2%
HOA$0$76
23%
Days on market21183
1%

Pricing History

Listed for Sale

Feb 14, 2026

$685,000

Initial Listing

Sold

Jun 14, 2007

$371,000

Public Record

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