
Menifee, California 92586
This Value-Add Senior Residence is listed at $290,000, representing a functional entry into a quiet 55+ community. Positioned near its $271,394 Fair Market Value, the property offers a stable acquisition price for a home with a Condition Rating of 4. The 945 sq ft floor plan and generous 6,534 sq ft lot provide a blank canvas for modernization and forced appreciation. Located within the Menifee Union district near Ridgemoor Elementary, this property balances low-maintenance living with significant equity-building potential. It is an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking a customizable retirement home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29055 Bradley Subject | $290,000* List Price | 2 | 1 | 945 | $300 | - |
A 27147 El Rancho Sold | $312,000 | 2 | 1 | 992 | $315 | 0.2 mi |
B 27088 Pinehurst Road Sold | $280,000 | 2 | 1 | 992 | $282 | 0.2 mi |
C 26715 Saint Andrews Drive Sold | $280,000 | 2 | 1 | 992 | $282 | 0.3 mi |
D 30160 Carmel Road Sold | $320,000 | 2 | 1 | 992 | $323 | 0.5 mi |
E 26750 Saint Andrews Drive Sold | $255,100 | 2 | 1 | 992 | $257 | 0.3 mi |
F 29040 Thornhill Sold | $355,000 | 2 | 2 | 1,098 | $323 | 0.3 mi |
G 29701 Thornhill Pending | $318,000 List Price | 2 | 1 | 992 | $321 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is in original or near-original condition. While it appears well-maintained and livable, the kitchen features dated cabinetry and older coil-top appliances, and the bathroom retains vintage tiling and fixtures. The flooring, light fixtures, and overall aesthetic are significantly outdated, requiring modernization to meet current market standards, though no major structural defects are noted.
Located in a desirable 55+ senior community, this property offers a quiet, established neighborhood atmosphere with the benefit of a low HOA.
The 6,534 sq ft lot is significantly large for a home of this size, providing ample outdoor space and low-maintenance landscaping for easy upkeep.
The home serves as a blank canvas, offering an excellent opportunity for buyers to update and personalize the space to build immediate equity.
Built in 1963 and requiring updates, the property will likely need a significant investment in modernizing the interior and systems.
The home features only one bathroom for two bedrooms, which may be a drawback for guests or couples seeking more convenience.
With only 945 square feet of living space, the interior may feel restrictive for buyers transitioning from larger family homes.
Welcome to this single-story home located in a desirable 55+ senior community with a low HOA. Offering 2 bedrooms, 1 bathroom, and 945 square feet, this home sits on a generous 6,534 sq ft lot, providing ample outdoor space with low-maintenance landscaping. The floor plan is functional and filled with natural light, featuring a comfortable living area, attached garage, and a covered front porch ideal for enjoying the neighborhood atmosphere. The home presents an excellent opportunity for a buyer to update and personalize to their taste. Conveniently located near community amenities, shopping, and everyday essentials, this property offers a great blend of space, value, and potential in a quiet, established neighborhood. Perfect for buyers looking to create their ideal home while enjoying the benefits of senior living.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 945 | 1,404 | 2% |
| Lot Size | 6,534 | 7,405 | 18% |
| Price | $290.0K | $400.0K | 6% |
| Price per sq ft | $307 | $287 | 63% |
| Built year | 1963 | 1973 | 2% |
| HOA | $410.0 | $94 | 59% |
| Days on market | 86 | 175 | 18% |
Feb 18, 2026
$290,000
$300,000
-3% Price Drop
Initial Listing
Jan 26, 2026
$280,000
Initial Listing
Jan 26, 2026
$300,000
Initial Listing
Sep 20, 1996
$45,000
Public Record