29486 Piping Rock, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This Move-In Ready Pool Home is a Strong Value Opportunity, listed at $525,000—positioned well below the $551,886 Fair Market Value by 4%. This valuation gap offers $26,886 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern upgrades like wood-look tile and a renovated kitchen. The expansive 9,148 sqft lot provides a private pool and RV parking. This property is an ideal acquisition for Active Seniors or Owner-Occupants seeking a low-maintenance, no-HOA lifestyle in Menifee.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29486 Piping Rock Subject | $525,000* List Price | 2 | 2 | 1,370 | $403 | - |
A 27308 Rio Vista Drive Sold | $565,000 | 3 | 2 | 1,323 | $427 | 0.2 mi |
B 29497 Dorsey Sold | $490,000 | 2 | 2 | 1,370 | $358 | 0.1 mi |
C 29791 Avenida De Real Sold | $530,000 | 3 | 2 | 1,458 | $364 | 0.4 mi |
D 27146 El Rancho Sold | $375,000 | 3 | 2 | 1,308 | $287 | 0.5 mi |
E 29667 Calle Tomas Sold | $600,000 | 3 | 2 | 1,323 | $454 | 0.3 mi |
F 29492 Basie Circle Active | $499,000 List Price | 3 | 2 | 1,550 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1991 but features significant modern updates including wood-look tile flooring, stainless steel appliances, and refreshed kitchen and bath cabinetry. The property is move-in ready and well-maintained, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1370.
A rare find in a senior community, this property offers the benefits of a 55+ neighborhood without the burden of monthly HOA fees or restrictive associations.
The expansive 9,148 sqft lot is fully optimized for the California lifestyle, featuring a private vinyl pool with water features, a covered patio, and dedicated RV parking with gate access.
Being situated in a 55+ community significantly limits the pool of potential buyers, which can result in a longer market time compared to non-restricted residential areas.
At 1,370 square feet with only two bedrooms, the property may lack the necessary space for buyers seeking a dedicated home office or additional guest quarters.
Beautiful move-in ready POOL home in the highly desirable Serenade Community (55+) of Menifee with no HOA. The kitchen boasts white Corian countertops, white cabinets, stainless steel appliances, recessed and pendant lighting, a coffee bar, built-in spice rack, and pull-out pantry drawers. There is a separate dining area off the kitchen and living room. The living room offers a faux brick accent wall and a cozy fireplace. There are both a primary and a secondary bedroom. The primary bath features a tub, separate shower, and dual sinks, while the secondary bath has a step-in shower with no lip for easy access. Wood-look tile runs throughout the home, with carpet in the bedrooms. The inviting backyard includes a covered patio for relaxing and a vinyl pool with deck and water features. Additional perks include an RV gate and parking. Home has so much to offer. You don't want to miss this one!
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,370 | 1,404 | 48% |
| Lot Size | 9,148 | 7,405 | 86% |
| Price | $525.0K | $402.0K | 82% |
| Price per sq ft | $383 | $294 | 88% |
| Built year | 1991 | 1975 | 86% |
| HOA | $0 | $67 | 23% |
| Days on market | 0 | 137 | 4% |
Jun 12, 2026
$525,000
Initial Listing
Feb 16, 2018
$315,000
Public Record
Dec 9, 2015
$247,500
Public Record
Jun 12, 2015
$234,000
Public Record
Sep 19, 2002
$173,000
Public Record