
Menifee, California 92586
This Upgraded Single-Family Residence is a Strong Value Opportunity, listed at $499,999—positioned well below the $545,380 Fair Market Value by 8%. This valuation gap offers $45,381 in Instant Equity for buyers. Maintaining an Exceptional Condition Rating, the home features a Rare 3-Bedroom Configuration, Wood Flooring, and Hill Views. Functional highlights include RV Storage, a Workshop, and proximity to the Top-Rated Paloma Valley High School. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-demand 55+ asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29383 Lake Forest Subject | $475,000* List Price | 3 | 2 | 1,785 | $266 | - |
A 29872 Pebble Beach Dr. Sold | $505,000 | 3 | 2 | 1,785 | $283 | 0.1 mi |
B 26573 Braddock Road Sold | $495,000 | 3 | 2 | 1,523 | $325 | 0.6 mi |
C 29217 Desert Hills Road Sold | $400,000 | 2 | 2 | 1,732 | $231 | 0.4 mi |
D 29267 Summerset Drive Sold | $470,000 | 3 | 2 | 1,408 | $334 | 0.7 mi |
E 26656 Sun City Blvd Sold | $402,000 | 2 | 2 | 1,708 | $235 | 0.9 mi |
F 30253 Pebble Beach Drive Sold | $463,000 | 2 | 2 | 1,785 | $259 | 0.4 mi |
G 30276 Pebble Beach Drive Pending | $525,000 List Price | 3 | 2 | 1,785 | $294 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property demonstrates exceptional pride of ownership and is in move-in ready condition. While built in 1989, it has undergone significant aesthetic and functional updates including wood flooring, plantation shutters, multiple skylights, and a refreshed kitchen with stainless steel appliances. The bathrooms appear updated and well-maintained. Additional high-quality features like the epoxy-finished driveway, enclosed patio, and professional hardscaping elevate the condition above 'fair' despite the age of the structure.
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 = 1785.
While many homes in this community are limited to two bedrooms, this property features a highly desirable third bedroom, offering significantly more versatility for families or home offices.
The home demonstrates exceptional pride of ownership with premium finishes including wood flooring, plantation shutters, multiple skylights, and a professional epoxy-finished driveway.
Built in 1989, the property may soon require updates to major systems or structural components that are nearing the end of their typical lifespan compared to newer area developments.
The assigned elementary school carries a lower rating of 3, which may be a deterrent for education-focused buyers despite the higher ratings of the local high school.
Welcome to a home that truly reflects pride of ownership from the moment you arrive. Thoughtfully updated and beautifully maintained, this residence is filled with natural light thanks to multiple skylights, enhanced by updated wood flooring and classic plantation shutters throughout. The double-door entry opens to an inviting layout where the dining area flows seamlessly into the kitchen and breakfast nook, creating an open and functional living space. Large windows frame views of the lush, well-established backyard, bringing the outdoors in and adding to the home’s warm, airy feel. While many homes in the community offer only two bedrooms, this property stands out with a highly desirable third bedroom. The spacious primary suite features an impressive walk-in closet and plenty of room to unwind. Step outside to the enclosed patio—perfect for enjoying cool evening breezes without the bugs—while the covered patio provides shade for daytime relaxation and entertaining. The exterior is just as impressive, with beautifully hardscaped front landscaping that offers a serene setting and strong curb appeal. The side yard provides ample space for RV storage, and the oversized garage includes a dedicated workshop area without sacrificing full two-car parking. An epoxy-finished driveway adds a tasteful, modern touch that sets this home apart. This is a standout property in a quiet 55+ neighborhood that has been lovingly cared for and thoughtfully enhanced. A rare opportunity you won’t want to miss.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,785 | 1,404 | 83% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $475.0K | $400.0K | 76% |
| Price per sq ft | $266 | $287 | 36% |
| Built year | 1989 | 1973 | 76% |
| HOA | $0 | $94 | 24% |
| Days on market | 89 | 175 | 19% |
Apr 4, 2026
$475,000
$499,999
-5% Price Drop
Initial Listing
Jan 23, 2026
$499,999
Initial Listing
Mar 13, 2003
$215,000
Public Record