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29545 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

29545 Monarch Road, Menifee, California 92584 home-pic-0
ACTIVE$569,990
29545 Monarch Road, Menifee, California 92584
4Beds
3Baths
1,650Sqft
1,775Lot
Year Built
2025
Close
-
List price
$570K
Original List price
$577K
Price/Sqft
$345
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25116604
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $570.0K(57th), sqft - 1650(50th), beds - 4(50th), baths - 3(50th).

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!

Nearby schools

7/10
Ridgemoor Elementary School
Public,•K-5•1.2mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.6mi
5/10
Hans Christensen Middle School
Public,•6-8•1.3mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.3mi
6/10
Menifee Valley Middle School
Public,•6-8•3.5mi
2/10
Pinacate Middle School
Public,•7-8•4.6mi
7/10
Paloma Valley High School
Public,•9-12•2.9mi
4/10
Heritage High School
Public,•9-12•4.3mi

Price History

Date
Event
Price
10/11/25
Price Change
$569,990+0.9%
08/10/25
Price Change
$564,990
05/25/25
Listing
$576,990
Condition Rating
Excellent
This is a brand new construction property with an estimated completion in April 2025. The description highlights 'high end finishes' including white kitchen cabinetry with satin nickel hardware, undercabinet lighting, full tile backsplash, quartz countertops, and GE profile appliances (induction cooktop, professional vent hood). The primary bathroom features a fully tiled walk-in shower, and all bathrooms are tiled. Flooring includes wood laminate on the main floor and new carpeting in bedrooms. With 9 ft ceilings, recessed lighting, and modern amenities, the property meets all criteria for an excellent condition score.
Pros & Cons

Pros

New Construction & Modern Finishes: Brand new home (2025 completion) featuring contemporary design elements, 9ft ceilings on both floors, ample recessed lighting, and pre-wiring for ceiling fans.
Premium Kitchen Package: Equipped with high-end white cabinetry, quartz countertops, full tile backsplash, undercabinet lighting, and GE Profile appliances including an induction cooktop and professional vent hood.
Gated Community with Resort-Style Amenities: Offers enhanced security and a desirable lifestyle with a gated entrance, Clubhouse, fitness room, swimming pool, and spa.
Corner Unit Benefits: Positioned as a corner unit, providing increased natural light, potentially more privacy, and fewer shared walls.
Private Outdoor Living: Includes a private covered patio, offering dedicated and comfortable outdoor space for relaxation or entertaining.

Cons

Limited Lot Size & Condominium Structure: The property features a very small 1,775 sqft lot, and despite being 'detached,' its condominium sub-type implies shared common areas and potential HOA restrictions, which may not suit buyers desiring a traditional single-family home with a larger yard.
Significant Monthly Association Fees: A substantial $260.0 monthly association fee adds a considerable ongoing cost to homeownership, impacting overall affordability.
Delayed Occupancy: With an estimated completion date of April 2025, buyers will face a waiting period before occupancy, requiring careful planning for current living arrangements.

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