29183 Paperflower Lane, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

29183 Paperflower Lane, Menifee, California 92584 home-pic-0
ACTIVE$705,000
29183 Paperflower Lane, Menifee, California 92584
4Beds
3Baths
2,600Sqft
7,405Lot
Year Built
2005
Close
-
List price
$705K
Original List price
$705K
Price/Sqft
$271
HOA
-
Days on market
-
Sold On
-
MLS number
SW25125895
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $705.0K(75th), sqft - 2600(67th), beds - 4(50th), baths - 3(50th).

This beautifully maintained 4-bedroom home sits proudly on a desirable corner lot and offers a perfect blend of comfort, functionality, and modern elegance. The heart of the home is a stunning, remodeled gourmet chef’s kitchen, featuring top-of-the-line stainless steel appliances, custom cabinetry, sleek countertops, ideal for entertaining and culinary creations. Thoughtfully designed for flexibility and privacy, the property includes a separate suite with its own private outdoor entry and a convenient kitchenette—perfect for multigenerational living, guests, or rental potential. Immaculately cared for, the home boasts a spacious and inviting layout with abundant natural light, generous living areas, and well-appointed bedrooms. The exterior offers great curb appeal with mature landscaping and a welcoming atmosphere. A rare find, this versatile and upgraded home offers exceptional value and comfort in one unique package.

Condition Rating
Good

Built in 2005, this property is 19 years old, falling within the 'Good' category's age range. The listing explicitly states a 'stunning, remodeled gourmet chef’s kitchen' with 'top-of-the-line stainless steel appliances, custom cabinetry, and sleek countertops,' which is visually confirmed by modern finishes in the images. Bathrooms also appear updated with contemporary vanities and tiling. The home is described as 'beautifully maintained' and 'immaculately cared for,' with no visible signs of wear and tear, making it move-in ready. While extensively updated in key areas, it hasn't undergone a full, recent renovation across all components to qualify as 'Excellent'.
Pros & Cons

Pros

Remodeled Gourmet Kitchen: The home features a stunning, remodeled gourmet chef’s kitchen with top-of-the-line stainless steel appliances, custom cabinetry, and sleek countertops, ideal for entertaining and culinary creations.
Versatile Living Suite: A separate suite with its own private outdoor entry and a convenient kitchenette offers excellent flexibility for multigenerational living, guests, or potential rental income.
Desirable Corner Lot & Curb Appeal: Situated on a desirable corner lot, the property benefits from increased space, natural light, and privacy, complemented by great curb appeal and mature landscaping.
Well-Maintained & Spacious Layout: The property is beautifully and immaculately maintained, boasting a spacious and inviting layout with abundant natural light and generous living areas.
Hills View: The property offers a desirable 'Hills' view, enhancing its aesthetic appeal and potential value.

Cons

Significant Overpricing: The current listing price of $705,000 is 19% above the property's estimated value of $564,636.21, suggesting a potential overvaluation compared to market estimates.
Absence of Key Modern Amenities: Unlike several newer comparable properties in the area, the subject property does not mention desirable amenities such as a pool/spa or owned solar panels, which could impact its competitiveness.
Age of Construction: Built in 2005, the property is older than some of the higher-priced comparable homes (built 2018-2021), which may imply less modern infrastructure or potentially higher maintenance costs over time.

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