29560 Monarch Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
ACTIVE$534,990
29560 Monarch Road, Menifee, California 92584
3Beds
3Baths
1,391Sqft
1,612Lot
Year Built
2025
Close
-
List price
$535K
Original List price
$574K
Price/Sqft
$385
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25015299
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $535.0K(43th), sqft - 1391(14th), beds - 3(50th), baths - 3(50th).
Brand new construction in the heart of Menifee within walking distance to the Menifee Town Center. Welcome to Riverwalk Village at Town Center, a collection of 198 single family detached condominium homes. This Norbury plan is highly appointed with White Cabinetry, quartz kitchen countertops in "Miami Oro" w/full tile backsplash, professional vent hood over an induction cooktop, a combination of wood laminate flooring & carpet, tile in all bathrooms and a covered patio. Resident will enjoy this gated community which includes a Clubhouse w/fitness center, pool and heated spa. This home will be move in ready in March, 2025.
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
$534,990+0.9%
09/14/25
Price Change
$529,990-1.9%
08/10/25
Price Change
$539,990
01/21/25
Listing
$573,990
Condition Rating
Excellent
This is a brand new construction home, built in 2025, and will be move-in ready in March 2025. The description details highly appointed features including white cabinetry, quartz kitchen countertops with full tile backsplash, a professional vent hood over an induction cooktop, wood laminate flooring, carpet, and tile in all bathrooms. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction: Built in 2025, this brand-new home offers modern design, energy efficiency, and comes with builder warranties, minimizing immediate maintenance concerns.
Prime Location & Walkability: Situated in the heart of Menifee, the property boasts excellent walkability to the Menifee Town Center, providing convenient access to amenities and services.
Comprehensive Community Amenities: Residents benefit from a gated community featuring a Clubhouse, fitness center, swimming pool, and heated spa, enhancing the living experience and value.
Upgraded Interior Finishes: The home features highly appointed interiors including white cabinetry, quartz kitchen countertops with a full tile backsplash, and an induction cooktop, offering a contemporary aesthetic.
Recent Price Adjustment: The current list price reflects a significant reduction from its original offering, potentially presenting a more attractive investment opportunity for buyers.
Cons
Monthly Homeowners Association (HOA) Fees: A monthly HOA fee of $260 adds to the overall housing expense, which may impact long-term affordability for some buyers.
Limited Lot Size: With a lot size of only 1612 sqft, the property offers minimal private outdoor space, which might not appeal to buyers seeking a larger yard.
Condominium Ownership Structure: Despite being a detached home, its condominium classification implies shared ownership of common areas and adherence to HOA rules, which differs from traditional single-family home ownership.