29533 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
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Menifee, California 92584
This Brand New Construction Condominium is a Prime Investment Opportunity, listed at $575,490—positioned slightly above the $563,209 Fair Market Value. While priced at market, this 2025 build offers an Excellent Condition Rating with high-end finishes like quartz countertops and GE Profile appliances. Residents enjoy a resort-style lifestyle with a clubhouse, pool, and spa in the gated Riverwalk Village. This turnkey property provides long-term stability and modern efficiency, making it an ideal acquisition for first-time buyers or owner-occupants seeking a maintenance-free, contemporary sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29533 Monarch Road Subject | $575,490* List Price | 4 | 3 | 1,650 | $341 | - |
A 30383 Town Square Sold | $465,000 | 3 | 3 | 1,527 | $305 | 0.9 mi |
B 30332 Town Square Sold | $455,000 | 2 | 3 | 1,395 | $326 | 0.9 mi |
C 30444 Hopetown Ln Active Under Contract | $499,900 List Price | 3 | 3 | 1,467 | $341 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction (2025) with high-end finishes including quartz countertops, GE Profile appliances, and modern systems. Mint condition with no maintenance required.
As a 2025 build, this home offers a turnkey experience with premium upgrades including GE Profile appliances, quartz countertops, 9-foot ceilings, and energy-efficient induction cooking.
Located in the gated Riverwalk Village, residents have exclusive access to a clubhouse, fitness room, pool, and spa, providing a resort-style living environment.
The Northrop plan is situated as a corner unit, which typically provides enhanced privacy, better natural light, and a more open feel compared to interior units.
With a lot size of only 1,733 square feet for a 1,650 square foot home, the property offers very minimal yard space, which may be a drawback for pet owners or those desiring a large garden.
The $260 monthly HOA fee adds a significant recurring expense to the cost of ownership, which may impact the affordability for some buyers in this price bracket.
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. Estimated completion is April, 2025! Stop by today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,650 | 1,395 | 73% |
| Lot Size | 1,733 | 1,612 | 55% |
| Price | $575.5K | $500.0K | 91% |
| Price per sq ft | $349 | $329 | 73% |
| Built year | 2025 | 2021 | 55% |
| HOA | $260.0 | $260 | 50% |
| Days on market | 6 | 155 | 18% |
May 31, 2026
$575,490
Initial Listing