29408 Tremont, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath

29408 Tremont, Menifee, California 92584 home-pic-0

29408 Tremont

Menifee, California 92584

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,389Sq Ft
10,019Lot Size

Property Price

LIST PRICE$680,000
EST. MARKET VALUE
$613,641
10% AboveMARKET VALUE

SUMMARY

Analysis of 29408 Tremont, Menifee, California 92584 reveals a property with a current list price of $680,000, which is 10% above the estimated $613,641 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$613,641
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
29408 Tremont
Subject
$680,000*
List Price
332,389$257-
A
29875 Blue Ridge
Sold
$620,000332,460$2520.4 mi
B
29820 Cliff Park Drive
Sold
$615,990332,311$2670.7 mi
C
30679 View Ridge Lane
Sold
$550,000331,901$2890.7 mi
D
29488 Oriole Circle
Sold
$636,540332,311$2750.8 mi
E
29101 Gooseneck
Sold
$585,000332,445$2390.4 mi
F
29274 Fenwick
Sold
$675,000432,204$3060.4 mi
G
29106 Hidden Meadow
Active
$650,000
List Price
532,222$2930.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready with modern updates throughout the interior, featuring well-maintained flooring, a spacious kitchen with updated finishes, and functional major systems that do not require immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2389.

  • Premium Community Amenities

    Situated in a secure gated community, the property offers exclusive access to private lakes for fishing and outdoor recreation, providing a high-end lifestyle experience.

  • Spacious Modernized Interior

    With nearly 2,400 square feet of living space and modern updates throughout, this home offers a generous and move-in-ready environment that exceeds the typical size for a 3-bedroom residence.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly HOA fee of $226.75 represents a notable recurring carrying cost that may impact the overall affordability for budget-conscious buyers.

  • Inconsistent School Ratings

    The assigned public schools for this address show inconsistent performance ratings, with some local options scoring as low as a 2 or 3, which may concern families prioritizing education.

About 29408 Tremont

Updated 3-bedroom, 2-bath home with nearly 2,400 sq ft located in a gated community featuring lakes for fishing and outdoor recreation. Spacious interior with modern updates throughout and a large backyard perfect for entertaining or relaxing. Ideal blend of comfort, space, and lifestyle amenities.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
10,019 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$226.75 / Month

Neighborhood Insights

Menifee Unified Schools

Callie Kirkpatrick Elementary School

Grades K-5 • 0.6 mi

6/10

Southshore Elementary School

Grades K-5 • 0.8 mi

6/10

Freedom Crest Elementary School

Grades K-5 • 1.2 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
38%
Baths3.03.0
50%
Square foot2,3892,322
51%
Lot Size10,0197,405
86%
Price$680.0K$623.7K
68%
Price per sq ft$285$271
58%
Built year20072007
50%
HOA$226.75$81
85%
Days on market11178
1%

Pricing History

Listed for Sale

Feb 24, 2026

$680,000

Initial Listing

Sold

May 21, 2024

$630,000

Public Record

Sold

Apr 8, 2021

$519,000

Public Record

Sold

Jul 21, 2014

$285,000

Public Record

Sold

May 6, 2008

$310,000

Public Record

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