29715 Cottonwood Cove, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath

29715 Cottonwood Cove
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29715 Cottonwood Cove, Menifee, California 92584 reveals a Fairly Priced Property with a current list price of $554,900 aligned with the estimated $546,830 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 29715 Cottonwood Cove Subject | $554,900* List Price | 3 | 2 | 1,979 | $276 | - |
A 29484 Corte Vista Lane Sold | $604,000 | 4 | 3 | 1,846 | $327 | 0.7 mi |
B 29737 Northshore Sold | $650,000 | 4 | 3 | 2,372 | $274 | 0.1 mi |
C 29443 Grande Vista Avenue Sold | $575,000 | 4 | 3 | 2,152 | $267 | 0.5 mi |
D 30355 Lamplighter Lane Sold | $565,000 | 4 | 2 | 2,260 | $250 | 0.6 mi |
E 29789 Cliff Park Drive Sold | $601,990 | 3 | 3 | 2,191 | $275 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this home falls within the 10-20 year age range for a 'Good' rating. The property is move-in ready with several updates, including plank flooring in living areas, upgraded slab granite countertops, custom painted cabinetry, and a chef-grade stainless steel sink in the kitchen. While the kitchen features some older white appliances (stove, microwave) and the bathroom styles are not fully modern, they are well-maintained and functional. The presence of a paid-off solar panel system is a significant asset, and the backyard is well-equipped for entertainment. Overall, the home shows minimal wear and tear and does not require immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Lake Community & Amenities
Located in Menifee's coveted Tierra Shores private gated lake community, offering a large lake with a dock, private clubhouse, pool, spa, outdoor picnic area with barbecue, and basketball court.
- Paid-Off Solar System
Features a paid-off solar panel system, significantly reducing electric costs for the homeowner.
- Upgraded & Spacious Kitchen
The massive kitchen boasts loads of counter space and storage, custom painted cabinetry, upgraded slab granite countertops, and a huge island with a chef-grade stainless steel sink.
CONSRISKS & DEFICIENCIES
- Ongoing Association Fees
The property is subject to a monthly association fee of $198.0, which adds to the recurring cost of homeownership.
- Unspecified Cooling System
The property description does not explicitly mention the presence of a central cooling system, which could be a significant drawback in Menifee's warm climate.
- Multiple Price Reductions
The listing has undergone several price reductions from its original list price, which might suggest initial overpricing or a longer time on the market, potentially raising buyer inquiries.
About 29715 Cottonwood Cove
NEW LOWER PRICE! Check out this beautiful single story home located in Menifee's coveted Tierra Shores private gated lake community! This spacious home is located on a lovely tree lined street and features 3 spacious bedrooms, 2 bathrooms, a massive kitchen/family room area and entertainers backyard. Enter your new home through a cozy courtyard into a large living room/dining room area with plank flooring which leads to the family room/kitchen area, perfect for entertaining. The kitchen features loads of counter space and storage, custom painted cabinetry, beautiful upgraded slab granite counter tops and a huge island with upgraded, chef grade, stainless steel sink. The master suite features an attached private bathroom with huge oval tub and enclosed separate show. The private backyard has a hot tub, covered aluminum patio cover and fire pit for enjoying our lovely evenings. One of the best features is the PAID OFF SOLAR PANEL SYSTEM so you have super loan electric costs. Tierra Shores is one of Menifee's most desirable communities with 310 homes and features private gated entrance, a large lake at the center of the neighborhood with a dock, private clubhouse, pool and spa that overlooks the lake, outdoor picnic area with barbecue area, basketball court and much, much more! Located close to all the best Menifee has to offer: restaurants, shopping, hiking, biking, golf and easy freeway access. Hurry! This home won't last.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $198.0 / Month
Neighborhood Insights
Menifee Unified Schools
Freedom Crest Elementary School
Grades K-5 • 1.1 mi
Southshore Elementary School
Grades K-5 • 1.2 mi
Winchester Elementary School
Grades K-5 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,979 | 2,320.5 | 32% |
| Lot Size | 5,663 | 7,405 | 22% |
| Price | $554.9K | $621.8K | 23% |
| Price per sq ft | $280 | $271 | 55% |
| Built year | 2005 | 2007 | 45% |
| HOA | $198.0 | $81 | 83% |
| Days on market | 120 | 178 | 21% |
Pricing History
Listed for Sale
Feb 6, 2026
$554,900
$559,900
-1% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$559,900
$564,900
-1% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$564,900
Initial Listing
Sold
Feb 16, 2021
$435,000
Public Record
Sold
Feb 10, 2016
$282,000
Public Record
Sold
Jul 23, 2009
$160,000
Public Record
Sold
Jun 27, 2005
$358,000
Public Record




























