29303 Hidden Lake Drive, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath
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Menifee, California 92584
This Single-Story 55+ Residence represents a High-Potential Investment Opportunity, listed at $549,900—positioned well above the $488,099 Fair Market Value by -12%. While the property is in Fair Condition Rating with dated finishes, it offers significant lifestyle value through its Resort-Style Amenities and Golf Course Views. The home features Energy-Efficient Solar and a functional layout, making it a stable asset for those prioritizing community living. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, age-restricted sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29303 Hidden Lake Drive Subject | $549,900* List Price | 2 | 2 | 1,814 | $269 | - |
A 29403 Hidden Lake Sold | $539,900 | 3 | 2 | 1,814 | $298 | 0.1 mi |
B 28253 Harmony Lane Sold | $415,000 | 2 | 2 | 1,690 | $246 | 0.5 mi |
C 28918 Lake Fork Drive Sold | $450,000 | 2 | 2 | 1,649 | $273 | 0.0 mi |
D 29557 Warmsprings Drive Sold | $519,000 | 2 | 2 | 2,091 | $248 | 0.4 mi |
E 29313 Hidden Lake Sold | $530,000 | 3 | 2 | 1,649 | $321 | 0.0 mi |
F 28641 Raintree Sold | $599,000 | 3 | 2 | 2,121 | $282 | 0.3 mi |
G 28338 Pleasanton Court Active | $496,990 List Price | 2 | 2 | 1,868 | $266 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the home is in very clean, well-maintained condition but is aesthetically dated. The kitchen and bathrooms retain original features such as white tile countertops and older white appliances. While functional and move-in ready, it exceeds the 20-year age threshold for 'Good' without a comprehensive modern renovation.
Located in the prestigious guard-gated Oasis community, residents enjoy access to a clubhouse, fitness center, pool, and sports courts, fostering an active and social lifestyle.
The property features significant energy-saving upgrades, including solar panels, a whole-house fan, and an insulated garage door, offering long-term utility cost savings.
The open-concept floor plan with soaring ceilings and abundant natural light provides a spacious feel and excellent accessibility, ideal for the 55+ demographic.
As a 55+ community, the potential buyer pool is restricted to a specific demographic, which can limit market liquidity compared to all-age residential areas.
The surrounding public schools have relatively low ratings (3-4/10), which may negatively impact the long-term appreciation of property values in the immediate vicinity.
WOW! Welcome to resort-style living in the highly sought-after guard-gated 55+ community of The Oasis in Menifee! Located on the desirable Hidden Lake Drive corridor, this beautifully maintained single-story home ON THE GOLF COURSE offers the perfect blend of comfort, functionality, and relaxed Southern California living. Featuring an open and airy floor plan with soaring ceilings, abundant natural light, and spacious living areas, this home is designed for both everyday comfort and effortless entertaining. The inviting Great Room serves as the heart of the home with a cozy fireplace, oversized windows, and seamless flow into the dining area and kitchen. The spacious kitchen offers ample cabinetry, generous counter space, a breakfast bar, and an adjoining dining nook perfect for morning coffee or casual meals. Thoughtful upgrades and features throughout may include crown molding, ceiling fans, recessed lighting, custom paint, and upgraded flooring that add warmth and character to the home. The primary suite provides a peaceful private retreat with large windows, high ceilings, a spacious walk-in closet, and an en-suite bathroom designed for comfort and convenience. Secondary bedrooms and/or office space offer flexibility for guests, hobbies, or working from home. The indoor laundry room with additional storage adds to the home’s practical layout. Step outside to enjoy a beautifully landscaped backyard ideal for relaxing or entertaining while taking in serene neighborhood and golf course surroundings. Covered patio space and low-maintenance landscaping create the perfect outdoor environment for year-round enjoyment. Additional highlights may include energy-efficient features, solar, whole-house fan, insulated garage door, garage storage, and a spacious attached garage. Residents of The Oasis enjoy exceptional resort-style amenities including a spectacular clubhouse, fitness center, pool and spa, tennis and pickleball courts, bocce ball, billiards, social clubs, walking trails, and an active community calendar. Conveniently located near shopping, dining, medical facilities, golf, freeway access, and just a short drive to Temecula Wine Country, local mountains, beaches, and desert destinations.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.5 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,814 | 2,313.5 | 25% |
| Lot Size | 5,227 | 7,405 | 15% |
| Price | $549.9K | $631.2K | 18% |
| Price per sq ft | $303 | $274 | 68% |
| Built year | 2000 | 2008 | 18% |
| HOA | $330.0 | $81 | 90% |
| Days on market | 26 | 157 | 4% |
May 19, 2026
$549,900
Initial Listing
Mar 20, 2003
$308,000
Public Record
Dec 19, 2000
$224,000
Public Record