
Menifee, California 92586
This Turnkey Senior Community Residence is a High-Potential Investment Opportunity, listed at $439,900—positioned above the $394,331 Fair Market Value. While priced for its move-in ready status, the property features a Condition Rating of 3, bolstered by significant capital improvements including a New Roof and Upgraded Sewer Line. The interior offers a refreshed kitchen and new carpeting, providing a comfortable, low-maintenance lifestyle. This home is an ideal acquisition for Downsizing Retirees or Owner-Occupants seeking a stable, updated home in a quiet, established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29147 Pebble Beach Drive Subject | $439,900* List Price | 2 | 2 | 1,404 | $281 | - |
A 29071 Snead Sold | $361,000 | 2 | 2 | 1,404 | $257 | 0.3 mi |
B 29778 Carmel Sold | $390,000 | 2 | 2 | 1,404 | $278 | 0.6 mi |
C 29180 Del Monte Dr. Sold | $369,000 | 3 | 2 | 1,308 | $282 | 0.0 mi |
D 29568 Squaw Valley Sold | $560,000 | 4 | 2 | 1,415 | $396 | 0.5 mi |
E 26363 Ridgemoor Road Sold | $385,000 | 2 | 2 | 1,308 | $294 | 0.4 mi |
F 26480 Ridgemoor Sold | $359,900 | 2 | 2 | 1,522 | $236 | 0.5 mi |
G 29110 Del Monte Sold | $350,000 | 2 | 2 | 1,404 | $249 | 0.1 mi |
H 29147 Waverly Drive Sold | $410,000 | 3 | 2 | 1,460 | $281 | 0.3 mi |
I 29060 Waverly Pending | $359,000 List Price | 2 | 2 | 1,146 | $313 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained and move-in ready due to significant recent 'big-ticket' updates including a new roof and upgraded sewer line. The interior features fresh paint, new carpet, and a refreshed kitchen with new stainless steel appliances and re-glazed countertops, meeting the criteria for a functional, updated older home.
The property features a brand-new roof and an upgraded sewer line, significantly reducing the risk of high-cost maintenance issues for the new owner.
Extensive cosmetic updates including fresh interior paint, new carpeting, and a refreshed kitchen with new appliances ensure the home is move-in ready.
Nestled in a highly desirable Menifee senior community, the home offers excellent proximity to shopping, dining, and freeway access while maintaining a peaceful residential feel.
Built in 1964, the property may have older structural or electrical elements typical of its era that were not part of the recent cosmetic and major system upgrades.
As an age-restricted senior community property, the potential market for resale is limited to the 55+ demographic, which can impact liquidity compared to standard residential zones.
Welcome to your beautifully upgraded retreat in the highly desirable City of Menifee! Nestled in one of the area’s most sought-after senior communities, this stunning 2-bedroom, 2-bath home offers the perfect blend of comfort, style, and easy living. Step inside and fall in love with the fresh interior paint, Tastefully refreshed kitchen with re-glazed countertops, brand-new carpet. The kitchen shines with a new stove, oven, and dishwasher, while the bathrooms have been refreshed with new sinks, adding a modern touch to this move-in-ready gem. The Upgrades DON'T STOP THERE! A new Roof and upgraded sewer line. Big ticket improvements already completed for you. Enjoy the luxury of a spacious backyard designed for both relaxation and possibility, perfect for gardening, growing your own vegetables, entertaining guests, or simply enjoying peaceful mornings outdoors. The low-maintenance landscaping allows more time to enjoy the lifestyle you deserve. Ideally located near shopping, dining, and convenient freeway access, this exceptional home combines charm, convenience, and comfort in one incredible opportunity. Homes like this don’t come around often, schedule your private tour and make this beauty yours today!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,404 | 2,007 |
| Lot Size | 6,970 | 7,405 |
| Price | $439.9K | $585.6K |
| Price per sq ft | $313 | $286 |
| Built year | 1964 | 2005 |
| HOA | $450.0 | $93 |
| Days on market | 38 | 60 |
Jun 14, 2026
$439,900
Initial Listing
Apr 2, 2020
$241,000
Public Record
Apr 2, 2003
$115,000
Public Record