29060 Griffith, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $390,000, currently aligned with its $390,000 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant upside through its expansive 23,087 sqft lot and a versatile rear workshop. Featuring energy-efficient upgrades like dual-pane windows and R-30 insulation, this asset provides a stable foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the low-tax Sun City lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29060 Griffith Subject | $390,000* List Price | 2 | 2 | 1,204 | $324 | - |
A 28610 Pebble Beach Dr Active | $295,000 List Price | 2 | 1 | 992 | $297 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property features a dated kitchen with oak cabinets and tile countertops that appear to be over 20 years old. While the home has some updated systems like dual-pane windows and solar panels, the interior shows signs of wear, including potential ceiling water stains and a need for 'TLC' as mentioned in the listing, placing it in the category of needing minor repairs and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23087, living area = 1204.
The property features a rare, oversized 23,087 sqft lot that includes a rear shed/workshop equipped with electrical and phone hookups, providing exceptional space for hobbies or storage.
With an exceptionally low HOA fee of $37.50 and low property taxes, this home offers significant long-term affordability for residents within the active Sun City Civic Association.
The property is noted as needing 'TLC,' suggesting that buyers will need to invest additional capital into cosmetic or functional repairs to realize the home's full potential.
With 128 days on the market and multiple price increases, the property may face appraisal challenges or buyer hesitation regarding its value relative to its current condition.
Welcome to Sun City living at its best. This 2 bedroom, 2.75 bath home features numerous upgrades including a guest bath shower, kitchen with oak cabinets and tiled counters, custom entry, tile flooring, and a cozy fireplace with hearth. Additional highlights include new vinyl dual-pane windows, R-30 insulation, security lighting, and propane service to the water heater and dryer. Step outside to enjoy custom landscaping, a peaceful fountain, and a rear shed/workshop with electrical and phone hookups—perfect for hobbies, storage, or a workspace. With just a little TLC, this home can truly shine. Residents of Sun City Civic Association enjoy an active lifestyle with access to pools, recreation centers, clubs, and community events. The home’s prime location puts you minutes from shopping, dining, medical services, and entertainment, with easy access to the I-215 freeway for convenient travel. Best of all, you’ll appreciate the LOW taxes and LOW HOA, making this property an exceptional value in one of Menifee’s most established and welcoming communities. Don’t miss this rare opportunity to own a spacious home on an oversized lot in Sun City!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,404 | 29% |
| Lot Size | 23,087 | 7,405 | 98% |
| Price | $390.0K | $400.0K | 48% |
| Price per sq ft | $324 | $294 | 70% |
| Built year | 1977 | 1975 | 52% |
| HOA | $37.5 | $67 | 41% |
| Days on market | 151 | 138 | 59% |
Mar 27, 2026
$390,000
$340,000
+15% Price Increase
Initial Listing
Mar 10, 2026
$340,000
$299,000
+14% Price Increase
Initial Listing
Feb 16, 2026
$299,000
$348,000
-14% Price Drop
Initial Listing
Jan 13, 2026
$348,000
Initial Listing
Aug 10, 2015
$231,000
Public Record
Jul 13, 2007
$230,000
Public Record
Aug 24, 2005
$299,000
Public Record
Mar 5, 1999
$117,000
Public Record