29368 Murrieta, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $324,900—positioned well below the $263,888 Fair Market Value by -23%. While the home features a Fair Condition Rating and requires cosmetic modernization, it offers a low-maintenance lifestyle in a desirable 55+ community with transferable leased solar and a private patio. The property provides a stable, lock-and-leave asset for Buy-and-Hold Investors or retirees seeking a functional, energy-efficient residence in a managed community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29368 Murrieta Subject | $324,900* List Price | 2 | 2 | 1,017 | $259 | - |
A 29370 Murrieta Road Sold | $295,000 | 2 | 2 | 1,006 | $293 | 0.0 mi |
B 29200 Murrieta Sold | $269,800 | 2 | 1 | 923 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is dated with original-style tile flooring and older bathroom vanities/fixtures. While it features a newer HVAC system and solar, the interior aesthetics require updating to meet modern standards, fitting the 'Fair' criteria for functional but dated properties.
Situated in the desirable Rancho Del Sol 55+ community, the HOA covers exterior maintenance and front yard landscaping, providing a true resort-style, lock-and-leave lifestyle.
The property is equipped with a newer A/C system and transferable leased solar panels, offering immediate energy savings and consistent comfort in the Menifee climate.
Featuring durable tile flooring throughout and a cozy gas fireplace, the home offers a practical and inviting layout that is ready for immediate occupancy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1017, other record lot size in square feet = 1306.
Built in 1985, the home may require additional investment for cosmetic updates to replace original features and align the aesthetic with modern design trends.
The property does not offer any specific views, which may be a disadvantage compared to other units in the region that capitalize on the surrounding California landscape.
Welcome to this charming 2-bedroom, 2-bathroom home in the highly desirable Rancho Del Sol 55+ Senior Community. This home features tile flooring throughout, a cozy gas fireplace in the living room, newer A/C system for year-round comfort, step/walk in tub shower in the primary en-suite, and solar! Enjoy a relaxed, low-maintenance lifestyle with resort-style community amenities including a sparkling pool, soothing spa, and welcoming clubhouse. The HOA also covers front yard landscaping and exterior maintenance, allowing you more time to enjoy all the community has to offer. Whether you’re ready to move right in or customize the space to fit your style, this inviting home offers comfort, convenience, and excellent potential in a 55+ senior community.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 2.9 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,017 | 1,066 | 29% |
| Lot Size | 1,017 | 2,613.5 | 36% |
| Price | $324.9K | $288.8K | 93% |
| Price per sq ft | $319 | $271 | 79% |
| Built year | 1985 | 1964 | 93% |
| HOA | $330.0 | $272 | 71% |
| Days on market | 0 | 125 | 14% |
May 21, 2026
$324,900
$330,000
-2% Price Drop
Initial Listing
May 14, 2026
$330,000
Initial Listing
Dec 16, 2009
$82,500
Public Record