29542 Shervin Drive, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
29542 Shervin Drive
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29542 Shervin Drive, Menifee, California 92584 reveals a property with a current list price of $683,990, which is 4% above the estimated $651,609 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29542 Shervin Drive Subject | $683,990* List Price | 3 | 3 | 2,415 | $270 | - |
A 29101 Gooseneck Sold | $585,000 | 3 | 3 | 2,445 | $239 | 0.8 mi |
B 29604 Starring Ln Sold | $670,000 | 3 | 3 | 1,937 | $346 | 0.5 mi |
C 29796 Ballast Road Sold | $607,771 | 3 | 2 | 1,950 | $312 | 0.5 mi |
D 29534 Bluelake Lane Pending | $744,990 List Price | 5 | 3 | 2,874 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a new construction home with a 2026 build date, placing it in the highest quality category. It features a modern open layout with 9-foot ceilings and offers buyers the opportunity to select brand-new finishes, flooring, and countertops. All systems, including electrical, cooling, and appliances, will be new and meet current energy-efficiency standards with zero deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Personalization
As a 2026 build, this home offers the rare opportunity for buyers to personalize the interior by selecting their own finishes, flooring, and countertops to match their specific tastes.
- Scenic Lake and Mountain Views
The property is situated within the desirable Amelia lake community and features premium views of both the lake and mountains, significantly enhancing its aesthetic appeal and market value.
- Modern Open Layout
With 2,415 square feet of living space and 9-foot ceilings, the home provides a bright, airy, and contemporary floor plan that maximizes comfort and functional living.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $390 per month is relatively high, which increases the total monthly carrying cost and may impact the debt-to-income ratio for some buyers.
- Mandatory Solar Costs
The requirement to either lease or purchase solar panels adds an additional financial layer to the transaction that is not included in the base listing price.
About 29542 Shervin Drive
Beautiful new construction home in the desirable KB Home Amelia lake community, Discover this beautiful new construction home in the desirable KB Home Amelia lake community. Designed with included 9-foot ceilings, this home offers a bright, open layout that enhances comfort and style. Buyers have the opportunity to personalize the home, selecting finishes, flooring, counter-tops, and more to suit their taste. Enjoy a peaceful lake community setting with convenient access to shopping, dining, and commuter routes. An excellent opportunity for buyers seeking modern design, quality construction, and the benefits of new construction in a thoughtfully planned community. Photo is a rendering of the model. Buyer can either lease or purchase the Solar.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 6,241 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $390.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,415 | 2,322 | 53% |
| Lot Size | 6,241 | 7,405 | 30% |
| Price | $684.0K | $623.7K | 69% |
| Price per sq ft | $283 | $271 | 56% |
| Built year | 2026 | 2007 | 100% |
| HOA | $390.0 | $81 | 99% |
| Days on market | 7 | 178 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$683,990
Initial Listing