29524 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
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Menifee, California 92584
This Brand New Luxury Condominium is listed at $586,990, representing a stable entry point near its $574,580 Fair Market Value. Boasting an Excellent Condition Rating, this 2025-built Northrop plan features a chef-inspired kitchen with GE Profile appliances, quartz countertops, and 9-foot ceilings. Located in a gated community with a clubhouse, pool, and fitness center within the Perris Union High district, the home offers a maintenance-free lifestyle and a private covered patio. It is a premier choice for Owner-Occupants or first-time buyers seeking modern sophistication.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29524 Monarch Road Subject | $586,990* List Price | 4 | 3 | 1,650 | $348 | - |
A 29552 Monarch Road Sold | $572,503 | 4 | 3 | 1,650 | $347 | - |
B 29580 Monarch Road Sold | $548,990 | 4 | 3 | 1,650 | $333 | - |
C 29560 Monarch Road Sold | $518,990 | 3 | 3 | 1,391 | $373 | - |
D 29545 Monarch Road Active | $572,990 List Price | 4 | 3 | 1,650 | $347 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is brand new construction, built in 2025, and explicitly described as 'newly opened & new construction.' The listing details high-end, modern finishes throughout, including a kitchen with white cabinetry, quartz countertops, GE Profile appliances (including an induction cooktop and professional vent hood), undercabinet lighting, and a full tile backsplash. Bathrooms feature fully tiled primary walk-in showers and tiled floors. Modern amenities like wood laminate flooring on the main floor, recessed lighting, and 9-foot ceilings further confirm its excellent, move-in ready condition with all components being new and meeting current quality standards.
Built in 2025, this new construction property offers modern design, energy efficiency, and the benefit of no immediate need for major repairs or renovations.
The home boasts premium features including white kitchen cabinetry, quartz countertops, GE profile appliances, wood laminate flooring, fully tiled primary shower, and 9 ft ceilings, providing a luxurious and move-in ready experience.
Located within a secure, gated neighborhood, residents have access to a clubhouse, fitness room, pool, and spa, significantly enhancing lifestyle and property value.
The $260 monthly association fee adds a significant ongoing cost to homeownership, which can impact overall affordability and budget planning.
Despite being a 'single family detached condominium,' it falls under HOA regulations, potentially imposing restrictions on exterior modifications and lifestyle, and the 2500 sqft lot implies limited private outdoor space beyond the patio.
The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing properties with desirable scenic outlooks.
Newly opened & new construction, Welcome to Riverwalk Village at Town Center, a single family detached condominium community by Richmond American Homes. This GATED neighborhood offers 4 unique floorplans, a Clubhouse, fitness room, pool and spa. This Northrop plan is our corner unit, 4 bedrooms/2.5 baths/2 car garage floorplan. High end finishes in this plan include: White kitchen cabinetry w/ Satin Nickel hardware, undercabinet lighting, full tile backsplash, quartz countertops, GE profile appliances including a professional vent hood and induction cooktop. Wood laminate flooring is located throughout the main floor along w/ carpeted hallways, stairs, bedrooms and tiled bathrooms and laundry room on 2nd floor. Primary walk in shower is fully tiled , 9 ft ceilings on 1 and 2nd floor, tons of recessed lighting and ceiling fan pre wires in great room and all bedrooms. Owners will enjoy a private covered patio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,650 | 1,461 | 60% |
| Lot Size | 2,500 | 1,757.5 | 90% |
| Price | $587.0K | $512.0K | 90% |
| Price per sq ft | $356 | $332 | 70% |
| Built year | 2025 | 2025 | 50% |
| HOA | $260.0 | $260 | 50% |
| Days on market | 324 | 168 | 70% |
Mar 30, 2026
$586,990
$583,990
+1% Price Increase
Initial Listing
Oct 19, 2025
$583,990
$584,990
+0% Price Increase
Initial Listing
Oct 11, 2025
$584,990
$578,990
+1% Price Increase
Initial Listing
Aug 10, 2025
$578,990
Initial Listing
Jun 2, 2025
$590,990
Initial Listing