29661 Camino Pepita, Menifee, California 92584, Menifee, 92584 - 2 bed, 3 bath

29661 Camino Pepita
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29661 Camino Pepita, Menifee, California 92584 reveals a property with a current list price of $555,000, which is 7% above the estimated $513,899 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29661 Camino Pepita Subject | $555,000* List Price | 2 | 3 | 1,676 | $307 | - |
A 28253 Harmony Lane Sold | $415,000 | 2 | 2 | 1,690 | $246 | 0.8 mi |
B 28918 Lake Fork Drive Sold | $450,000 | 2 | 2 | 1,649 | $273 | 0.4 mi |
C 29263 Hidden Lake Drive Sold | $540,000 | 3 | 2 | 1,814 | $298 | 0.4 mi |
D 29827 Camino Cristal Sold | $545,000 | 3 | 2 | 1,329 | $410 | 0.2 mi |
E 28929 Raintree Drive Sold | $480,000 | 3 | 2 | 1,560 | $308 | 0.5 mi |
F 28197 Harmony Lane Sold | $475,000 | 2 | 2 | 1,690 | $281 | 0.8 mi |
G 28356 Long Meadow Active | $530,000 List Price | 2 | 2 | 1,734 | $306 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant modern updates. The kitchen features upgraded cabinetry, white quartz countertops, and stainless steel appliances, while the primary bathroom has also been modernized. Although built in 1997, these renovations and the overall condition of the vaulted ceilings and ceramic tile flooring align with the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Golf Course Location
Ideally situated on the 16th green and fairway, this property offers exceptional views and a prime lot position adjacent to a park and greenbelt for added privacy.
- Superior Financial Profile
The rare combination of no HOA fees and low property taxes provides significant long-term savings and lower monthly carrying costs compared to neighboring developments.
- Modernized Single-Story Living
This former model home features a highly desirable open floor plan with vaulted ceilings and a fully upgraded kitchen including white quartz countertops and stainless steel appliances.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bedroom Count
The current two-bedroom configuration may limit appeal for larger families or buyers requiring more than one dedicated guest room without performing a conversion.
- Market Pricing Adjustments
The history of multiple price reductions since the initial listing suggests the property has struggled to find its market value, potentially affecting buyer confidence.
About 29661 Camino Pepita
Golf Course View Home in Menifee Lakes! This former St. Andrews single-story model home is ideally situated with views of the 16th green and fairway. Inside, you’ll find an open, light-filled floor plan featuring valuted ceilings, custom ceramic tile flooring, built-ins, and abundant natural light throughout. The home offers 2 bedrooms plus a dedicated office (can be converted to a 3rd bedroom), including a spacious primary suite, a large walk-in closet, an upgraded owners bath with dual sinks, a soaking tub, and a separate shower. A laundry room with sink and two additional bathrooms add convenience and functionality. The open kitchen is designed for both everyday living and entertaining, featuring stainless steel built-in appliances, upgraded cabinetry, white quartz countertops and island. The kitchen flows seamlessly into the family room, complete with a cozy fireplace. Step outside to a true entertainer’s backyard, offering a raised covered patio with premium golf course views, a separate outdoor dining area, and a private covered patio off the primary suite. Both the front and back yards are low-maintenance. The property is adjacent to a park and greenbelt and is conveniently located near shopping and amenities. No HOA and low property taxes complete this exceptional opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,676 | 2,320.5 | 16% |
| Lot Size | 5,227 | 7,405 | 15% |
| Price | $555.0K | $621.8K | 23% |
| Price per sq ft | $331 | $271 | 84% |
| Built year | 1997 | 2007 | 16% |
| HOA | $0 | $81 | 24% |
| Days on market | 33 | 178 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$555,000
$565,000
-2% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$565,000
$585,000
-3% Price Drop
Initial Listing
Price Change
Feb 2, 2026
$585,000
Initial Listing
Sold
Jan 6, 2011
$185,000
Public Record
Sold
Jan 8, 1999
$195,000
Public Record























