29460 Thornhill Drive, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $390,000—positioned well below the $401,083 Fair Market Value by 2%. This valuation gap offers $11,083 in Instant Equity. Featuring a Condition Rating of 2 with modern renovations, including luxury vinyl plank flooring and a contemporary kitchen, the home requires no immediate maintenance. With a generous 7,841 sqft lot and low HOA fees, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29460 Thornhill Drive Subject | $390,000* List Price | 2 | 2 | 1,404 | $286 | - |
A 29020 Olympia Sold | $430,000 | 2 | 2 | 1,460 | $295 | 0.3 mi |
B 29479 Pebble Beach Drive Sold | $392,000 | 2 | 2 | 1,162 | $337 | 0.3 mi |
C 27146 El Rancho Sold | $375,000 | 3 | 2 | 1,308 | $287 | 0.2 mi |
D 29778 Carmel Sold | $390,000 | 2 | 2 | 1,404 | $278 | 0.1 mi |
E 29071 Snead Sold | $361,000 | 2 | 2 | 1,404 | $257 | 0.3 mi |
F 26731 W Berkey Ct Sold | $429,900 | 2 | 2 | 1,404 | $306 | 0.8 mi |
G 26363 Ridgemoor Road Sold | $385,000 | 2 | 2 | 1,308 | $294 | 0.8 mi |
H 28960 Olympia Sold | $429,000 | 2 | 2 | 1,404 | $306 | 0.3 mi |
I 29085 Griffith Active | $427,800 List Price | 3 | 2 | 1,313 | $326 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1964, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features updated luxury vinyl plank flooring, a contemporary kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting. The exterior is also in mint condition with artificial turf and updated landscaping, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1404.
Listed at $390,000, this property represents a highly accessible entry point into the Southern California housing market, offering significant value for first-time buyers or investors.
The exceptionally low association fee of $37 per month ensures that ongoing ownership expenses remain manageable compared to many neighboring communities with high HOAs.
The property was recently sold within the past year on 2025-11-05. The sold price is $390,000.00.
Built in 1964, the home may require capital improvements or modernization of major systems to meet contemporary energy efficiency and aesthetic standards.
With only two bedrooms, the property's appeal may be restricted to smaller households, potentially limiting the resale audience among larger families.
Exceptional opportunity in Menifee. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,404 | 2,007 |
| Lot Size | 7,841 | 7,405 |
| Price | $390.0K | $585.6K |
| Price per sq ft | $278 | $286 |
| Built year | 1964 | 2005 |
| HOA | $37.0 | $93 |
| Days on market | 36 | 60 |
Jun 16, 2026
$390,000
Initial Listing
Nov 5, 2025
$390,000
Public Record
May 30, 2024
$345,000
Public Record
May 29, 2024
$340,000
Public Record
May 19, 2017
$108,454
Public Record
Mar 15, 2005
$212,000
Public Record
Jun 16, 2000
$87,000
Public Record