29158 Fall River, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
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Menifee, California 92584
This Turnkey Single-Story Home is a Strong Value Opportunity, listed at $675,000—positioned above the $616,045 Fair Market Value. While priced at a premium for its Rare Lakefront Location, the property maintains a Condition Rating of 3, featuring a Granite Kitchen and an expansive Alumawood Patio. Residents benefit from resort-style amenities in The Lakes, including private boat ramps and a fitness center. This property offers a serene, vacation-like lifestyle, making it an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a move-in ready waterfront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29158 Fall River Subject | $675,000* List Price | 3 | 3 | 1,901 | $324 | - |
A 29274 Fenwick Sold | $675,000 | 4 | 3 | 2,204 | $306 | 0.1 mi |
B 30679 View Ridge Lane Sold | $550,000 | 3 | 3 | 1,901 | $289 | 0.2 mi |
C 29688 Starring Lane Sold | $662,000 | 4 | 2 | 2,125 | $312 | 0.5 mi |
D 29715 Cottonwood Cove Sold | $554,900 | 3 | 2 | 1,979 | $280 | 1.0 mi |
E 28817 Loire Valley Sold | $652,500 | 4 | 3 | 2,190 | $298 | 0.5 mi |
F 29885 Calle San Martine Sold | $660,000 | 5 | 3 | 2,015 | $328 | 0.7 mi |
G 29672 Northshore Street Pending | $500,000 List Price | 3 | 2 | 1,814 | $276 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this 13-year-old property falls within the 10-20 year age bracket. It is in well-maintained, turnkey condition with a functional kitchen featuring granite countertops, clean bathrooms, and fresh paint throughout, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1901.
This property occupies a premium waterfront lot within a gated community, offering serene panoramic lake views from the primary suite and main living areas that are highly coveted in the Menifee market.
Residents enjoy access to the extensive Bay Club facilities, including multiple lakes, private boat ramps, a fitness center, and a water park, providing a comprehensive lifestyle package that justifies the gated setting.
The association fee of approximately $258 per month represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
At 1,901 square feet, the listing price reflects a substantial premium for the lakefront location and community perks rather than the interior living volume, which may be a drawback for families needing more space.
Rare lakefront single-story home in the highly sought-after gated community of The Lakes! Featuring 3 bedrooms, 2.5 bathrooms, and a 3-car garage, this turnkey home offers an open-concept layout designed to showcase stunning water views. The spacious kitchen features a large island with granite countertops, perfect for gathering and entertaining. Wake up to peaceful lake views from the oversized primary suite, complete with a spacious ensuite with double vanity, soaking tub, walk-in shower and separate vanity area. Thoughtfully designed with Jack-and-Jill secondary bedrooms, fresh paint throughout, and a functional layout ready for you to move in and make it your own. Step outside to the expansive alumawood patio cover spanning the entire back of the home—perfect for relaxing and taking in the serene waterfront setting. Life in The Lakes feels like a vacation year-round. This fully gated community features 3 lakes with scenic walking paths, catch-and-release fishing, and 2 private boat ramps. Residents enjoy the Bay Club with a lakefront pool, waterslides, splash pad, parks, fitness center, dog park, and clubhouse for special events. Conveniently located just a short walk to Lago Vista Sports Park, shopping at The Shoppes at the Lakes, and Southshore Elementary School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,901 | 2,313.5 | 29% |
| Lot Size | 8,276 | 7,405 | 75% |
| Price | $675.0K | $632.9K | 64% |
| Price per sq ft | $355 | $274 | 90% |
| Built year | 2013 | 2008 | 55% |
| HOA | $257.99 | $81 | 87% |
| Days on market | 31 | 157 | 4% |
May 14, 2026
$675,000
Initial Listing
Jul 18, 2014
$417,500
Public Record