29357 Reading Road, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This Single-Family Residence represents a Strong Value Opportunity, listed at $529,000—positioned above the $483,781 Fair Market Value. While the list price exceeds the current valuation, the property offers a Condition Rating of 4, featuring recent interior paint, new laminate flooring, and a renovated primary bath. The 7,405 sqft corner lot with RV access provides significant utility for long-term appreciation. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, non-age-restricted property with room for further cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29357 Reading Road Subject | $529,000* List Price | 2 | 2 | 1,180 | $410 | - |
A 29843 Avenida De Fiesta Sold | $475,000 | 3 | 2 | 1,183 | $402 | 0.6 mi |
B 27308 Rio Vista Drive Sold | $565,000 | 3 | 2 | 1,323 | $427 | 0.3 mi |
C 27067 Potomac Sold | $510,000 | 2 | 2 | 1,608 | $317 | 0.1 mi |
D 26484 Trancas Court Sold | $529,900 | 3 | 2 | 1,236 | $429 | 0.6 mi |
E 26661 Potomac Drive Sold | $449,000 | 3 | 2 | 1,308 | $343 | 0.4 mi |
F 27138 Terrytown Road Sold | $451,500 | 2 | 2 | 988 | $457 | 0.1 mi |
G 29791 Avenida De Real Sold | $530,000 | 3 | 2 | 1,458 | $364 | 0.6 mi |
H 29667 Calle Tomas Sold | $600,000 | 3 | 2 | 1,323 | $454 | 0.4 mi |
I 29641 Via Sonroseo Active | $525,000 List Price | 3 | 2 | 1,171 | $448 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property features recent cosmetic updates including new laminate flooring, fresh interior paint, and a renovated primary bathroom. However, the kitchen remains dated with older white appliances and cabinetry, and the presence of popcorn ceilings and original architectural details suggests the home requires further modernization to be considered 'Good' or 'Excellent' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1180.
The home features fresh interior paint, new laminate flooring throughout, and a fully renovated primary bathroom, offering a modern feel and immediate move-in readiness.
Situated on a 7,405 sqft corner lot, the property provides exceptional outdoor space, mature shade trees, and rare RV parking access from the side street.
With 291 days on the market and a price increase from the original listing, the property may face perception issues regarding its market positioning and value.
Built in 1980, the home may require more frequent maintenance or updates to major systems compared to the newer residential developments common in the Menifee area.
Welcome to this charming single-story Ranch-style home situated on an expansive corner lot in the desirable Sun City area of Menifee. Offering 2 bedrooms, 2 baths, and an attached 2-car garage, this inviting residence combines recent updates with an incredible opportunity to make it your own. Inside, you'll find fresh interior paint, beautiful new laminate flooring throughout the main living areas and bedrooms, a fully renovated primary bathroom, and a new vanity in the secondary bathroom. The functional floor plan provides comfortable everyday living while leaving room for your personal design vision. Situated on approximately 7,405 square feet, this oversized corner lot offers exceptional outdoor space, including RV parking access from Terrytown Road, mature shade trees, and a covered backyard patio perfect for relaxing, entertaining, or enjoying evenings under twinkling lights. Enjoy mountain views from the front yard and a peaceful neighborhood atmosphere while remaining conveniently located between Newport Road and McCall Boulevard, providing easy access to shopping, dining, services, and everyday conveniences. Outdoor enthusiasts will appreciate the nearby Salt Creek Trail, where beautiful sunsets, mountain views, and fresh air create the perfect setting to enjoy the Southern California lifestyle. This property is not age-restricted and offers flexibility for a variety of lifestyles and living arrangements. A wonderful opportunity to own a home with great bones, recent updates, and room to add your personal touches all on a spacious corner lot in a convenient Menifee location.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,180 | 2,007 |
| Lot Size | 7,405 | 7,405 |
| Price | $529.0K | $585.6K |
| Price per sq ft | $448 | $286 |
| Built year | 1980 | 2005 |
| HOA | $0 | $93 |
| Days on market | 294 | 60 |
Oct 1, 2025
$529,000
Initial Listing
Jul 25, 2016
$120,000
Public Record
May 4, 2011
$118,000
Public Record
May 14, 2003
$191,000
Public Record
Feb 11, 1999
$100,000
Public Record