29383 Honneywood, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath
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Menifee, California 92584
This well-kept 55+ community residence is a Strong Value Opportunity, listed at $435,000—positioned well below the $467,807 Fair Market Value by 7%. This valuation gap offers $32,807 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes updated wood-style flooring and a spacious 11,761 sq. ft. lot with a private patio. This property balances financial stability with a low-maintenance lifestyle, making it an ideal acquisition for Retirees or Downsizing Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29383 Honneywood Subject | $435,000* List Price | 2 | 2 | 1,500 | $312 | - |
A 29142 White Canyon Drive Sold | $510,000 | 2 | 2 | 1,734 | $294 | 0.7 mi |
B 29245 Winding Brook Drive Sold | $535,000 | 3 | 2 | 1,780 | $301 | 0.9 mi |
C 28982 Baywater Sold | $539,000 | 2 | 3 | 2,085 | $259 | 1.0 mi |
D 29438 Bentcreek Court Sold | $500,000 | 3 | 2 | 1,814 | $276 | 0.6 mi |
E 28502 Oasis View Active Under Contract | $500,000 List Price | 2 | 2 | 1,690 | $296 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property is described as well-kept and move-in ready. The interior photos show updated wood-style flooring and a clean appearance, suggesting maintenance and minor renovations within the 5-15 year window, which offsets the chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1500.
The property features a generous 11,761 square foot lot, providing significantly more outdoor space and privacy than the average home in this size range.
Priced at $435,000, the home offers a high-value opportunity, listed well below its previous sale price of $505,000.
Being situated in a 55+ community limits the potential buyer pool to a specific demographic, which may impact long-term resale liquidity.
The property is noted to have no views, which may be a disadvantage for buyers looking for the aesthetic appeal of the surrounding Menifee landscape.
Well-kept home in a 55+ community. Two bedrooms, two bathrooms, large lot with some upgrades.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.8 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 | 1,500 | 2,313.5 | 10% |
| Lot Size | 11,761 | 7,405 | 94% |
| Price | $435.0K | $631.2K | 4% |
| Price per sq ft | $290 | $274 | 58% |
| Built year | 2003 | 2008 | 32% |
| HOA | $330.0 | $81 | 90% |
| Days on market | 11 | 157 | 4% |
Jun 3, 2026
$435,000
Initial Listing
Jan 12, 2024
$505,000
Public Record
Dec 9, 2003
$252,000
Public Record