
Menifee, California 92584
This Brand New Construction Condominium is a Strong Value Opportunity, listed at $575,990, which aligns with its $575,990 Fair Market Value. Featuring a Mint Condition Rating, this home offers modern luxury with Quartz Kitchen Countertops, an Induction Cooktop, and a Covered Patio. Residents enjoy premium community amenities including a Clubhouse, Pool, and Heated Spa. Located within walking distance to the Menifee Town Center, this property provides a seamless, low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, modern residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29628 Monarch Road Subject | $575,990* List Price | 4 | 3 | 1,788 | $322 | - |
A 29568 Monarch Road Active | $576,990 List Price | 4 | 3 | 1,788 | $323 | 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 quartz countertops, white cabinetry, and induction cooktop; all systems are new and the property is in 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.
The property is situated within walking distance of Menifee Town Center in a gated community that provides residents with premium amenities such as a clubhouse, fitness center, and heated spa.
A substantial price reduction from the original $617,990 to $575,990 enhances the property's value proposition within the competitive Menifee 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 families or pet owners.
The property has been on the market for over 480 days, which can create a negative perception regarding its desirability or initial pricing strategy despite being brand new.
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 | $576.0K | $288.8K | 93% |
| Price per sq ft | $322 | $271 | 79% |
| Built year | 2025 | 1964 | 93% |
| HOA | $260.0 | $265 | 50% |
| Days on market | 517 | 140 | 0% |
May 10, 2026
$575,990
Initial Listing
Jan 13, 2025
$617,990
Initial Listing