29568 Monarch Road, Menifee, California 92584, Menifee, 92586 - 4 bed, 3 bath
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Menifee, California 92584
This Brand New Construction is a Strong Value Opportunity, listed at $576,990—positioned well below the $576,690 Fair Market Value (Note: Price is at market parity). Featuring a Mint Condition Rating, this home offers high-end finishes like Miami Oro quartz countertops and induction cooking. Residents enjoy a gated community with a clubhouse, pool, and heated spa. Located near the Menifee Town Center, this property provides a modern, low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, contemporary residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29568 Monarch Road Subject | $576,990* List Price | 4 | 3 | 1,788 | $323 | - |
A 29628 Monarch Road Active | $575,990 List Price | 4 | 3 | 1,788 | $322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction featuring modern kitchen with quartz countertops and professional vent hood, new systems, and mint condition with no maintenance required.
As a 2025 build, this home features high-end contemporary finishes including quartz 'Miami Oro' countertops, white cabinetry, and energy-efficient induction cooking, offering a turnkey experience.
Situated within walking distance to Menifee Town Center, this gated community provides premium lifestyle amenities including a clubhouse, fitness center, pool, and heated spa.
The property has seen a substantial price reduction of $48,000 from its original listing, offering enhanced value for a four-bedroom detached home in a competitive market.
With a lot size of only 1,979 square feet, the property offers very minimal private yard space, which may be a drawback for buyers seeking traditional outdoor areas.
The $260 monthly HOA fee adds a permanent carrying cost to the property, which may impact the debt-to-income ratio for budget-conscious buyers.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 93% |
| Baths | 3.0 | 2.0 | 93% |
| Square foot | 1,788 | 1,066 | 86% |
| Lot Size | 1,979 | 2,613.5 | 43% |
| Price | $577.0K | $288.8K | 93% |
| Price per sq ft | $323 | $271 | 79% |
| Built year | 2025 | 1964 | 93% |
| HOA | $260.0 | $265 | 50% |
| Days on market | 508 | 140 | 0% |
May 10, 2026
$576,990
Initial Listing
Jan 21, 2025
$624,990
Initial Listing