29518 Pebble Beach Drive, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
29518 Pebble Beach Drive
Menifee, California 92586
Property Price
SUMMARY
Analysis of 29518 Pebble Beach Drive, Menifee, California 92586 reveals a property with a current list price of $399,999, which is 3% above the estimated $384,747 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 |
|---|---|---|---|---|---|---|
★ 29518 Pebble Beach Drive Subject | $399,999* List Price | 2 | 2 | 1,318 | $292 | - |
A 28871 Olympia Way Sold | $359,999 | 2 | 2 | 1,300 | $277 | 0.4 mi |
B 26480 Ridgemoor Sold | $359,900 | 2 | 2 | 1,522 | $236 | 0.8 mi |
C 26661 Potomac Drive Sold | $449,000 | 3 | 2 | 1,308 | $343 | 0.2 mi |
D 29051 Snead Drive Sold | $345,000 | 2 | 1 | 1,200 | $288 | 0.2 mi |
E 28839 Carmel Road Sold | $305,000 | 2 | 2 | 1,098 | $278 | 0.6 mi |
F 29528 Pebble Beach Sold | $405,000 | 2 | 2 | 1,404 | $288 | 0.0 mi |
G 27131 Pinehurst Road Active | $422,000 List Price | 3 | 2 | 1,308 | $323 | 0.3 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 following extensive recent renovations. Updates include new vinyl plank flooring throughout, fresh interior and exterior paint, and completely updated bathrooms with new vanities and shower/tub enclosures. While the home was built in 1964, it features a newer roof and water heater, modern plumbing fixtures, and a new dishwasher. The kitchen has been refreshed with painted cabinetry and updated hardware, though it maintains a traditional layout. It meets the 'good' criteria as a well-maintained, updated home with no immediate renovation required.
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 = 7405, living area = 1318.
- Extensive Recent Renovations
The home features significant modern upgrades including new vinyl plank flooring, fresh interior and exterior paint, updated plumbing fixtures, and a newer roof and water heater, ensuring a move-in-ready experience.
- Premium Corner Lot with RV Parking
Situated on a large corner lot, the property offers rare gated RV and boat parking with ample space, providing high utility for outdoor enthusiasts and additional privacy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1318, other record living area = 1098.
- Aged Structural Foundation
Built in 1964, the property may have underlying infrastructure or utility systems nearing the end of their functional lifespan despite the recent cosmetic and surface-level updates.
- Demographic Market Restrictions
As part of an active adult community, the property is subject to age restrictions which limits the potential buyer pool and may impact resale liquidity compared to standard residential zones.
About 29518 Pebble Beach Drive
Welcome to this beautifully updated home situated on a large corner lot with attractive curb appeal and gated RV and boat parking — with ample space for both. This 2-bedroom, 2-bath residence also features a den and an oversized laundry room, offering a practical and comfortable layout. Recent improvements include fresh interior and exterior paint, new vinyl plank flooring throughout, updated interior doors, modern plumbing fixtures, new vanities, new shower and tub enclosures, a new dishwasher, plus a newer roof and water heater. The spacious backyard includes a mature, high-producing lemon tree and plenty of room to relax or entertain. Enjoy very low taxes and a minimal annual HOA through the Sun City Civic Association, which offers outstanding amenities including two pools and spa, pickleball, lawn bowling, table tennis, fitness center, and numerous clubs and social activities. Conveniently located near the 215 freeway, shopping centers, hospitals, and just a short drive to Temecula wineries, Old Town Temecula, and Pechanga Resort. An excellent opportunity to own in a quiet, well-established active adult community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $34.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 1.4 mi
Freedom Crest Elementary School
Grades K-5 • 2.2 mi
Hans Christensen Middle School
Grades 6-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,318 | 1,404 | 39% |
| Lot Size | 7,405.2 | 7,405 | 61% |
| Price | $400.0K | $405.0K | 47% |
| Price per sq ft | $303 | $288 | 61% |
| Built year | 1964 | 1976 | 26% |
| HOA | $34.0 | $94 | 29% |
| Days on market | 8 | 171 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$399,999
Initial Listing
Sold
Jun 27, 2024
$360,000
Public Record
Sold
Apr 29, 2004
$170,000
Public Record