29461 El Presidio, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
29461 El Presidio
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29461 El Presidio, Menifee, California 92584 reveals a property with a current list price of $569,950, which is 3% above the estimated $548,750 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29461 El Presidio Subject | $569,950* List Price | 3 | 3 | 2,152 | $255 | - |
A 29443 Grande Vista Avenue Sold | $575,000 | 4 | 3 | 2,152 | $267 | 0.1 mi |
B 29411 Piazza Court Sold | $570,000 | 4 | 3 | 2,249 | $253 | 0.1 mi |
C 29889 Warm Sands Drive Sold | $600,000 | 3 | 3 | 2,569 | $234 | 0.5 mi |
D 29450 Cresta Drive Sold | $599,900 | 4 | 3 | 2,425 | $247 | 0.2 mi |
E 29349 Milford Court Sold | $575,000 | 4 | 4 | 2,506 | $229 | 0.2 mi |
F 29260 El Presidio Lane Sold | $577,300 | 4 | 3 | 2,606 | $222 | 0.1 mi |
G 29141 Salrio Drive Active | $618,999 List Price | 4 | 3 | 2,249 | $275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket for a 'good' condition rating. The listing describes the home as well-maintained and move-in ready with evident pride of ownership. It features desirable architectural elements like high ceilings and a custom brick fireplace. While it likely retains many original finishes from its construction year, the lack of deferred maintenance and its functional, spacious layout make it a high-quality, move-in ready option.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA Fees
The absence of Homeowners Association fees offers significant monthly savings and greater property freedom, a rare and highly desirable feature in this region of Menifee.
- Versatile Main-Level Bonus Room
The inclusion of a flexible bonus room on the first floor provides an ideal solution for a home office, guest suite, or playroom, enhancing the home's functional appeal for modern lifestyles.
- Architectural Character and Volume
High ceilings combined with a custom brick fireplace create an airy, sophisticated interior atmosphere that offers more character than typical standard-build homes in the area.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of approximately 4,356 square feet, the outdoor space is relatively limited, which may not meet the needs of buyers looking for large backyards or extensive gardening opportunities.
- Bedroom-to-Square-Footage Ratio
At 2,152 square feet, the three-bedroom configuration may be viewed as a limitation for larger families who typically expect a fourth bedroom in a home of this size.
About 29461 El Presidio
This well-maintained two-story home, built in 2005, is located in a desirable and quiet residential neighborhood. The property offers a functional layout with spacious living areas, ample natural light, and a welcoming atmosphere throughout. Pride of ownership is evident, making this home move-in ready for its next owner. Conveniently located near schools, shopping, and local amenities, this home is ideal for comfortable everyday living. The home features three bedrooms plus a versatile bonus room on the main level, ideal for a home office, guest space, or playroom. No HOA fees!!! Let's not leave out the high ceilings, and a custom brick fireplace that adds warmth and character to the main living area. Offering a functional layout with spacious living areas and abundant natural light.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,152 | 2,320.5 | 41% |
| Lot Size | 4,356 | 7,405 | 7% |
| Price | $570.0K | $621.8K | 27% |
| Price per sq ft | $265 | $271 | 45% |
| Built year | 2005 | 2007 | 45% |
| HOA | $0 | $81 | 24% |
| Days on market | 53 | 178 | 6% |
Pricing History
Listed for Sale
Feb 27, 2026
$569,950
$574,950
-1% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$574,950
Initial Listing
Sold
Mar 16, 2023
$535,000
Public Record
Sold
Jul 13, 2016
$325,000
Public Record
Sold
Oct 16, 2012
$205,000
Public Record
Sold
May 8, 2009
$163,500
Public Record
Sold
Dec 22, 2005
$366,500
Public Record