29557 Monarch Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
29557 Monarch Road
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29557 Monarch Road, Menifee, California 92584 is currently available with a list price of $542,990. 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 home, built in 2025, featuring a fully modern kitchen with white cabinetry, quartz countertops, GE Profile appliances, and under-cabinet lighting. Bathrooms include tiled floors and a fully tiled primary shower. All systems, finishes, and features are new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2025, this new construction home offers contemporary finishes, 9ft ceilings on both floors, and a fully upgraded kitchen with high-end GE profile appliances, quartz countertops, and soft-close cabinetry.
- Community Amenities & Security
Located within a gated neighborhood, residents benefit from exclusive access to a clubhouse, fitness room, pool, and spa, providing a resort-like lifestyle and enhanced security.
- Prime Location & Accessibility
The property boasts an excellent location within one mile of Menifee Town Center and the I-215 freeway, offering convenient access to shopping, dining, and major transportation routes.
CONSRISKS & DEFICIENCIES
- Small Lot Size & Condominium Structure
Despite being a detached unit, the property has a very small lot size (1637 sqft) and is part of a condominium community, which may limit private outdoor space and involve adherence to HOA rules.
- Ongoing Association Fees
A monthly association fee of $260 adds a recurring cost to homeownership, which buyers should factor into their budget.
- Future Completion Date
With an estimated completion date of late May 2025, the property is not move-in ready, requiring buyers to wait for construction to finalize before occupancy.
About 29557 Monarch Road
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
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 | $543.0K | $531.0K | 50% |
| Price per sq ft | $362 | $340 | 67% |
| Built year | 2025 | 2025 | 50% |
| HOA | $260.0 | $260 | 50% |
| Days on market | 341 | 376 | 50% |
Pricing History
Listed for Sale
Oct 11, 2025
$542,990
$537,990
+1% Price Increase
Initial Listing
Price Change
Sep 14, 2025
$537,990
$547,778
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$547,778
Initial Listing
Price Change
Mar 31, 2025
$503,990
Initial Listing