29537 Monarch Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
29537 Monarch Road
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29537 Monarch Road, Menifee, California 92584 is currently available with a list price of $537,990. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand new construction property (built 2025) explicitly described as 'moving ready' with modern, high-quality finishes. The kitchen features white cabinetry, quartz countertops with a full tile backsplash, a professional vent hood, and an induction cooktop. Bathrooms have tile flooring, and the overall property includes a combination of wood laminate and carpet, indicating all components are new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2025, this home offers modern design, energy efficiency, and the peace of mind of builder warranties, requiring no immediate repairs or upgrades.
- Prime Walkable Location
Strategically located in the heart of Menifee, within walking distance to the Menifee Town Center, providing convenient access to shopping, dining, and entertainment.
- Upscale Interior Appointments
The home boasts high-quality finishes including white cabinetry, quartz kitchen countertops with full tile backsplash, and a professional induction cooktop setup.
CONSRISKS & DEFICIENCIES
- Ongoing Monthly HOA Fees
The property incurs a significant monthly association fee of $260.00, which adds to the overall cost of homeownership.
- Limited Private Outdoor Space
With a small lot size of 1637 sqft, the property offers minimal private yard area, which may not appeal to buyers desiring larger outdoor living or gardening space.
- Lack of Scenic Views
The property explicitly states 'view: None,' indicating an absence of desirable panoramic or natural views, which can be a detractor for some buyers.
About 29537 Monarch Road
Brand new construction in the heart of Menifee within walking distance to the Menifee Town Center. Welcome to Riverwalk Village at Town Center, a collection of 198 single family detached condominium homes. This Northcross plan is highly appointed with White Cabinetry, quartz kitchen countertops in "Miami Vena" w/full tile backsplash, professional vent hood over an induction cooktop, a combination of wood laminate flooring & carpet, tile in all bathrooms and a covered patio. Resident will enjoy this gated community which includes a Clubhouse w/fitness center, pool and heated spa. This home is moving Ready
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2025
- Lot Size
- 1,637 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $260.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 1.2 mi
Freedom Crest Elementary School
Grades K-5 • 2.6 mi
Hans Christensen Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,499 | 1,447 | 50% |
| Lot Size | 1,637 | 1,688.5 | 50% |
| Price | $538.0K | $528.5K | 50% |
| Price per sq ft | $359 | $340 | 67% |
| Built year | 2025 | 2025 | 50% |
| HOA | $260.0 | $260 | 50% |
| Days on market | 286 | 348 | 50% |
Pricing History
Listed for Sale
Oct 11, 2025
$537,990
$532,990
+1% Price Increase
Initial Listing
Price Change
Sep 14, 2025
$532,990
$542,990
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$542,990
Initial Listing
Price Change
May 25, 2025
$547,990
Initial Listing