29446 Honneywood Drive, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath

29446 Honneywood Drive
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29446 Honneywood Drive, Menifee, California 92584 reveals a Fairly Priced Property with a current list price of $450,000 aligned with the estimated $449,196 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29446 Honneywood Drive Subject | $450,000* List Price | 2 | 2 | 1,500 | $299 | - |
A 27946 Panorama Hills Sold | $469,000 | 2 | 2 | 1,500 | $313 | 0.2 mi |
B 28929 Raintree Drive Sold | $480,000 | 3 | 2 | 1,560 | $308 | 1.0 mi |
C 27992 Whisperwood Dr Sold | $400,000 | 2 | 2 | 1,500 | $267 | 0.0 mi |
D 28216 Meadowsweet Drive Sold | $500,000 | 2 | 2 | 1,690 | $296 | 0.3 mi |
E 28197 Harmony Lane Sold | $475,000 | 2 | 2 | 1,690 | $281 | 0.3 mi |
F 27786 Panorama Hills Drive Sold | $435,000 | 2 | 2 | 1,297 | $335 | 0.2 mi |
G 28148 Long Meadow Active | $428,500 List Price | 2 | 2 | 1,297 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and described as immaculate. While built in 2003 (21 years ago), it features recent cosmetic updates including fresh carpet and custom paint. The kitchen and bathrooms, featuring Corian countertops and diagonal tile, are well-maintained and functional. The home's overall quality and lack of deferred maintenance align with the 'good' category despite being slightly outside the 20-year build window.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Resort Amenities
Situated in a gate-guarded golf community, the property offers access to a 22,000 sq. ft. clubhouse, fitness center, tropical pool, and extensive sports courts, providing an elite active-adult lifestyle.
- Immaculate Turnkey Condition
The home is move-in ready with fresh carpet, custom paint, and a large, private corner lot featuring lush landscaping and a high-quality Alumawood patio cover.
- Favorable Financial Profile
The absence of Mello-Roos taxes combined with an HOA that covers front yard maintenance, water, and trash provides significant monthly savings and low-maintenance living.
CONSRISKS & DEFICIENCIES
- Restricted Buyer Demographic
The 'Over 55' age restriction significantly limits the potential pool of buyers, which can result in a longer market time compared to non-restricted residential areas.
- Average School District Performance
With local school ratings ranging from 3 to 5, the area may be less attractive to investors or buyers who prioritize high-performing school districts for long-term equity growth.
About 29446 Honneywood Drive
Immaculate home on large lush private corner lot at a premier "Over 55" gate guarded golf resort. Custom paint and fresh carpet throughout. Diagonal tile floors at entry, baths and laundry room. When you enter this home you'll be struck by the bright open floorplan providing views of the fabulous rear yard from the entry, living room, dining room, kitchen, morning room and master suite. The living/great room features a tile fireplace, built-in entertainment center and slider to the covered patio. Gourmet kitchen with Corian type countertops, cabinets galore and step in pantry. The large morning room has enough room to be used as both an office and dinette. The hall to the bedrooms has a utility closet and linen cabinets. Elegant master suite. The master bath features a dual sink vanity, privacy commode, big shower and walk-in closet with mirrored door. Generous sized guest bedroom with adjacent full bath. The laundry room has lots and lots of cabinets and a folding counter. The ultimate in outdoor living featuring a patio with Alumawood solid roof cover, mature trees providing shading from the summer heat, lush gardens and wide side yard enhancing privacy. Block and stucco walls and vinyl fencing all around. 2-car finished garage with gas water heater and storage cabinets. No Mello-Roos. HOA dues include front yard maintenance and front yard water, plus trash pick-up. Extraordinary community amenities including a 22,000 sq.ft. clubhouse with an immense auditorium with indoor and outdoor stages, dance floors and commercial kitchen. There is a media/card room, state-of-the-art fitness center, library, computer center, multi-purpose rooms and billiard parlor. BBQ/party area set against a lovely mountain backdrop. Tropical pool and spa. Two night lighted tennis courts and four pickleball courts. Bocce, horseshoes and much, much more. Long, long list of social and recreational clubs. Something for everyone! Ideally located about an hour's drive to L.A. and Orange Counties, downtown San Diego, Idyllwild and Palm Springs. Close to Temecula, Casinos and The Wine Country.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330.0 / Month
Neighborhood Insights
Menifee Unified Schools
Freedom Crest Elementary School
Grades K-5 • 1.1 mi
Hans Christensen Middle School
Grades 6-8 • 1.9 mi
Ethan A Chase Middle School
Grades 6-8 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,500 | 2,320.5 | 11% |
| Lot Size | 6,098 | 7,405 | 30% |
| Price | $450.0K | $621.8K | 6% |
| Price per sq ft | $300 | $271 | 69% |
| Built year | 2003 | 2007 | 34% |
| HOA | $330.0 | $81 | 91% |
| Days on market | 6 | 178 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$450,000
Initial Listing













































