29568 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
ACTIVE$564,990
29568 Monarch Road, Menifee, California 92584
4Beds
3Baths
1,788Sqft
1,979Lot
Year Built
2025
Close
-
List price
$565K
Original List price
$625K
Price/Sqft
$316
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25015347
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $565.0K(57th), sqft - 1788(57th), beds - 4(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 Novato 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
$564,990+0.9%
09/14/25
Price Change
$559,990-3.4%
08/10/25
Price Change
$579,990
01/21/25
Listing
$624,990
Condition Rating
Excellent
This is a brand new construction property, built in 2025 and move-in ready by March 2025. The description highlights modern, high-quality finishes including white cabinetry, quartz kitchen countertops with a full tile backsplash, a professional vent hood over an induction cooktop, wood laminate flooring, and tile in all bathrooms. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: The property is brand new, built in 2025, and will be move-in ready by March 2025, offering modern standards and no immediate maintenance concerns.
Prime Walkable Location: Situated in the heart of Menifee, the home is within walking distance to the Menifee Town Center, providing convenient access to amenities and services.
Extensive Community Amenities: Residents benefit from a gated community featuring a Clubhouse with a fitness center, pool, and heated spa, enhancing lifestyle and recreational options.
Modern & Upgraded Interior Finishes: The home boasts highly appointed finishes including white cabinetry, quartz kitchen countertops with a full tile backsplash, a professional vent hood over an induction cooktop, and a covered patio.
Significant Price Reduction: The current list price of $564,990 represents a substantial reduction from the original list price of $624,990, potentially offering good value.
Cons
Monthly Homeowners Association (HOA) Fees: The property incurs a monthly association fee of $260, which adds to the ongoing cost of homeownership and is typical for condominium communities.
Limited Private Outdoor Space: With a small lot size of 1979 sqft, the property offers minimal private outdoor space, which may not appeal to buyers desiring a larger yard or garden.
High-Density Community Living: As one of 198 units in Riverwalk Village, the property is part of a high-density development, which may result in less privacy and closer proximity to neighbors compared to a traditional single-family home.