
Menifee, California 92584
This Waterfront Single Family Residence is a Strong Value Opportunity, listed at $579,000—positioned well below the $602,297 Fair Market Value by 3%. This valuation gap offers $23,297 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers a versatile floor plan with a downstairs bedroom, granite kitchen, and panoramic lake views. While school ratings vary, the resort-style amenities and gated security provide significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking lakefront living or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29727 Northshore Street Subject | $579,000* List Price | 4 | 3 | 2,569 | $234 | - |
A 29545 Peacock Mountain Drive Active | $634,900 List Price | 4 | 3 | 2,506 | $253 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is now 21 years old, placing it in the 'Fair' category based on age. While exceptionally well-maintained by original owners, the interior features dated elements including original oak-style cabinetry, wallpaper borders, and 2000s-era square tile in the bathrooms. The kitchen has been partially refreshed with granite and stainless appliances, but the overall aesthetic and original systems are reaching the end of their primary lifecycle.
Situated in the private gated community of Tierra Shores, this property offers rare direct lakefront living with breathtaking views from the primary suite balcony and main living areas.
The 2,559-square-foot layout includes a highly desirable downstairs bedroom and full bathroom, providing excellent flexibility for multi-generational living or guest accommodations.
Offered by the original owners, the home shows pride of ownership with elegant upgrades such as vaulted ceilings, plantation shutters, and granite countertops.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 5662.
At 0.13 acres, the lot is relatively compact for a home of this size, which may limit private outdoor space and yard utility compared to non-waterfront properties.
The property is served by several schools with lower-than-average performance ratings, which could be a consideration for families prioritizing academic metrics.
A private gated community Tierra Shores…where every day feels like a vacation. Welcome to 29727 NORTHSHORE STREET waterfront living making you feel like you're floating on the lake. Peaceful, tranquil, and the perfect place to call home. Offered for the very first time in 21 years. This beautifully maintained 4-bedroom, 3-bath home 2,559 square feet is ready for its next chapter. Step inside to soaring vaulted ceilings, a stunning staircase, and natural light pouring through the windows. The elegant living room and formal dining space set the stage for a home that feels grand, elevated, and truly captivating. A downstairs bedroom with a full bathroom offers incredible flexibility—perfect for guests, in-laws, or the option for comfortable single-level livingYour private primary retreat is where every day begins and ends with breathtaking lake views. Sip your morning coffee on the balcony, unwind in the oval soaking tub, and enjoy the luxury of a spacious walk-in closet—because coming home should feel this good. Thoughtfully designed with abundant storage, beautiful cabinetry, spacious closets, and an inviting kitchen featuring granite counters, a large island, and plenty of workspace. Gather by the fireplace with serene lake views, then step outside to a mature backyard lovingly cared for by the original owners—a true place to make lasting memories. Elevated with elegant window treatments, plantation shutters and stylish bamboo Roman shades that bring warmth and timeless style throughout. Resort-style amenities await with a refreshing pool, clubhouse, and playground—fun, relaxation, and endless enjoyment just steps away! Beyond the your gates, convenience meets lifestyle with Menifee Town Center, local dining favorites, shopping, grocery stores, and everyday essentials just minutes away. The Lake Is Calling… And This Price Makes It Possible.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,569 | 2,007 |
| Lot Size | 0.13 | 7,405 |
| Price | $579.0K | $585.6K |
| Price per sq ft | $225 | $286 |
| Built year | 2005 | 2005 |
| HOA | $223.0 | $93 |
| Days on market | 5 | 60 |
Jul 17, 2026
$579,000
Initial Listing
May 26, 2005
$451,000
Public Record