
Menifee, California 92584
This New Construction Condominium is a Strong Value Opportunity, listed at $542,990, which aligns closely with its $541,490 Fair Market Value. Featuring a modern Northcross floor plan with a chef-inspired kitchen, GE Profile appliances, and a private covered patio, the property boasts an Excellent Condition Rating of 2. Located in the gated Riverwalk Village, residents enjoy resort-style amenities including a pool and spa. This turnkey home is an ideal fit for first-time buyers or busy professionals seeking a low-maintenance, modern lifestyle near Menifee Town Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29557 Monarch Road Subject | $542,990* List Price | 3 | 3 | 1,499 | $361 | - |
A 29540 Monarch Road Active | $499,990 List Price | 3 | 3 | 1,391 | $359 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction with a 2025 completion date. Features a modern kitchen with quartz countertops and GE Profile appliances, brand-new systems, and high-end finishes throughout, requiring zero maintenance.
Built in 2025, this home features high-end finishes including quartz countertops, GE Profile appliances with an induction cooktop, and 9-foot ceilings, offering a turnkey, energy-efficient living experience.
Located in a gated neighborhood, residents have access to a private clubhouse, fitness room, pool, and spa, providing a resort-style lifestyle right by the community pool.
The property is situated within one mile of Menifee Town Center and the I-215 freeway, offering excellent accessibility to shopping, dining, and major commuting routes.
With a lot size of only 1,637 square feet and a detached condominium status, the property offers minimal private yard space compared to traditional single-family residences.
The monthly association fee of $260 adds a consistent carrying cost that buyers must factor into their long-term budget in addition to the mortgage and taxes.
Welcome to Riverwalk Village at Town Center, a new construction, single family detached condominium community by Richmond American Homes. This GATED neighborhood offers a Clubhouse, fitness room, pool and spa. Your Buyers will enjoy low maintenance living and an excellent location within 1 mile to Menifee Town Center and I-215 frwy. This Northcross plan pairs comfort w/function. Located right by the community pool, it features 3 bedrooms + 2nd floor Loft, 2.5 baths ( a powder room on main level) and 2 car direct access garage. The Beautiful light and bright kitchen comes with White cabinetry, soft close doors and drawers, matte black hardware, under cabinet lighting, quartz countertops and GE profile appliances including a professional vent hood and induction cooktop. Flooring includes wood laminate and carpet in all bedrooms, hallways and stairs, tiled bathroom and laundry floors. 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 also enjoy a private covered patio. Estimated completion is late May 2025
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 93% |
| Baths | 3.0 | 2.0 | 93% |
| Square foot | 1,499 | 1,066 | 86% |
| Lot Size | 1,637 | 2,613.5 | 36% |
| Price | $543.0K | $288.8K | 93% |
| Price per sq ft | $362 | $271 | 79% |
| Built year | 2025 | 1964 | 93% |
| HOA | $260.0 | $265 | 50% |
| Days on market | 439 | 140 | 93% |
May 10, 2026
$542,990
Initial Listing
Mar 31, 2025
$503,990
Initial Listing