29568 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
29568 Monarch Road
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29568 Monarch Road, Menifee, California 92584 is currently available with a list price of $564,990. 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, and will be move-in ready in March 2025. It features highly appointed modern finishes including white cabinetry, quartz kitchen countertops with a full tile backsplash, a professional vent hood over an induction cooktop, and a combination of wood laminate and tile flooring throughout. All components are new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2025, this home offers modern design, energy efficiency, and minimal immediate maintenance, providing peace of mind for new owners.
- Prime Location & Walkability
Situated in the heart of Menifee, the property is within walking distance to the Menifee Town Center, offering convenient access to shopping, dining, and entertainment.
- Gated Community with Amenities
Residents benefit from a secure, gated community featuring a Clubhouse with a fitness center, pool, and heated spa, enhancing lifestyle and property value.
CONSRISKS & DEFICIENCIES
- Significant Monthly HOA Fee
A monthly association fee of $260 adds a notable recurring cost to homeownership, which buyers must factor into their budget.
- Limited Private Outdoor Space
The small lot size of 1979 sqft, despite being a 'detached condominium,' offers minimal private yard space, which may not appeal to buyers seeking extensive outdoor areas.
- No Scenic Views
The property description explicitly states 'view:None,' which could be a drawback for buyers prioritizing scenic or panoramic vistas.
About 29568 Monarch Road
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2025
- Lot Size
- 1,979 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,788 | 1,522.5 | 83% |
| Lot Size | 1,979 | 1,758.5 | 67% |
| Price | $565.0K | $534.0K | 67% |
| Price per sq ft | $316 | $331 | 33% |
| Built year | 2025 | 2025 | 50% |
| HOA | $260.0 | $260 | 50% |
| Days on market | 410 | 410 | 0% |
Pricing History
Listed for Sale
Oct 11, 2025
$564,990
$559,990
+1% Price Increase
Initial Listing
Price Change
Sep 14, 2025
$559,990
$579,990
-3% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$579,990
Initial Listing
Price Change
Jan 21, 2025
$624,990
Initial Listing