29548 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

29548 Monarch Road, Menifee, California 92584 home-pic-0
ACTIVE$561,611
29548 Monarch Road, Menifee, California 92584
4Beds
3Baths
1,650Sqft
2,045Lot
Year Built
2025
Close
-
List price
$562K
Original List price
$574K
Price/Sqft
$340
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25122477
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $561.6K(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.

Price History

Date
Event
Price
08/10/25
Price Change
$561,611
06/02/25
Listing
$573,611
Condition Rating
Excellent

This is a brand new construction property (built 2025) with a description explicitly stating 'new construction' and 'high end finishes.' It features white kitchen cabinetry, quartz countertops, GE Profile appliances, wood laminate flooring on the main floor, and fully tiled primary shower. All components are new, meet current quality standards, and require no deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Modern Finishes: Built in 2025, this new construction home boasts high-end finishes including quartz countertops, GE Profile appliances, wood laminate flooring, 9ft ceilings, and extensive recessed lighting.
Gated Community with Resort-Style Amenities: Located within the secure Riverwalk Village at Town Center, residents enjoy exclusive access to a clubhouse, fitness room, pool, and spa.
Detached Condominium & Corner Unit: Offers the privacy of a detached home with no shared walls, combined with the convenience of condominium living, further enhanced by its desirable corner unit location.
Spacious & Functional Floorplan: The Northrop plan features a well-designed 4-bedroom, 2.5-bath layout across 1650 sqft, complete with a 2-car garage and a private covered patio.
Thoughtful Design Details: Includes desirable features such as white kitchen cabinetry with satin nickel hardware, undercabinet lighting, a fully tiled primary walk-in shower, and ceiling fan pre-wires in all main rooms.

Cons

Significant Monthly HOA Fees: The $260 monthly association fee adds a notable ongoing cost to homeownership, which buyers must factor into their budget.
Limited Lot Size & Condominium Restrictions: Despite being a detached condominium, the property has a relatively small lot size (2045 sqft), and as a condominium, it is subject to community rules and potential special assessments.
Lack of Scenic Views: The property explicitly states 'view: None,' indicating no particular scenic outlook, which may be a drawback for buyers prioritizing views.

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