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

29715 Cottonwood Cove, Menifee, California 92584 home-pic-0

29715 Cottonwood Cove

Menifee, California 92584

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,979Sq Ft
5,663Lot Size

Property Price

LIST PRICE$554,900
EST. MARKET VALUE
$546,830

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

$546,830
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
29715 Cottonwood Cove
Subject
$554,900*
List Price
321,979$276-
A
29484 Corte Vista Lane
Sold
$604,000431,846$3270.7 mi
B
29737 Northshore
Sold
$650,000432,372$2740.1 mi
C
29443 Grande Vista Avenue
Sold
$575,000432,152$2670.5 mi
D
30355 Lamplighter Lane
Sold
$565,000422,260$2500.6 mi
E
29789 Cliff Park Drive
Sold
$601,990332,191$2750.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

3/10

Southshore Elementary School

Grades K-5 • 1.2 mi

6/10

Winchester Elementary School

Grades K-5 • 3.4 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
38%
Baths2.03.0
35%
Square foot1,9792,320.5
32%
Lot Size5,6637,405
22%
Price$554.9K$621.8K
23%
Price per sq ft$280$271
55%
Built year20052007
45%
HOA$198.0$81
83%
Days on market120178
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

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