29741 Ryegrass, Winchester, California 92596, Winchester, 92596 - 4 bed, 4 bath
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Winchester, California 92596
This Modern Multigenerational Residence is a Strong Value Opportunity, listed at $769,900—positioned well below the $743,012 Fair Market Value by -3%. While the list price reflects a premium, the property features an Excellent Condition Rating and a highly versatile Next Gen Suite with a private entrance. With Panoramic Views and a spacious 10,245 sqft lot, this 2021-built home offers a turnkey lifestyle. It is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants requiring flexible, high-end living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29741 Ryegrass Subject | $745,500* List Price | 4 | 4 | 2,705 | $268 | - |
A 30853 Pony Express Sold | $600,000 | 4 | 3 | 2,227 | $269 | 0.2 mi |
B 30804 Expedition Drive Sold | $685,000 | 5 | 3 | 2,537 | $270 | 0.2 mi |
C 30709 Expedition Drive Sold | $620,000 | 4 | 3 | 2,227 | $278 | 0.2 mi |
D 30982 Foxhollow Drive Sold | $610,000 | 4 | 3 | 2,474 | $247 | 0.3 mi |
E 29634 Lewis Cir Sold | $660,000 | 4 | 4 | 2,624 | $252 | 1.0 mi |
F 29168 Cahill Court Sold | $659,000 | 5 | 3 | 2,526 | $261 | 0.6 mi |
G 29644 Bonneville Court Sold | $660,000 | 4 | 3 | 2,624 | $252 | 0.9 mi |
H 28859 Camino Santiago Sold | $761,335 | 5 | 3 | 3,015 | $253 | 0.8 mi |
I 30608 Expedition Active | $689,500 List Price | 5 | 3 | 2,540 | $271 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. It features modern kitchen finishes, upgraded builder cabinetry, newer HVAC/electrical systems, solar panels, and requires no maintenance.
The highly desirable Next Gen suite with a private entrance, living area, and kitchenette offers exceptional flexibility for multigenerational living or potential rental income.
Built in 2021, the home features contemporary builder upgrades, an open-concept layout, and energy-efficient systems that provide a move-in-ready experience with low maintenance.
The property’s elevated placement on a generous 10,245 sqft lot provides stunning panoramic views of the hills and mountains, offering superior privacy and outdoor appeal.
The property is served by the Hemet Unified School District, which may be perceived as less competitive compared to the highly-rated neighboring Temecula or Murrieta districts.
While peaceful, the Winchester location can result in longer commute times to major employment hubs and limited immediate access to high-end retail and dining amenities.
HUGE price reduction! Beautifully maintained 4-bedroom, 3.5-bathroom home in Winchester featuring a highly desirable Next Gen suite with private entrance, living area, bedroom, and bath. The Next Gen suite would make a perfect rental unit as well! The main living space offers an open layout with upgraded kitchen finishes, spacious great room, and abundant natural light. Builder upgrades are found throughout the home, enhancing functionality and comfort. The property includes landscaped front and rear yards designed for low-maintenance outdoor enjoyment. Elevated placement provides scenic area views and a sense of privacy. This home offers flexible living options suitable for multigenerational needs, guests, or work-from-home arrangements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,705 | 2,311 |
| Lot Size | 10,245 | 6,970 |
| Price | $745.5K | $636.6K |
| Price per sq ft | $276 | $284 |
| Built year | 2021 | 2022 |
| HOA | $92.0 | $50 |
| Days on market | 61 | 70 |
Jun 19, 2026
$745,500
$769,900
-3% Price Drop
Initial Listing
May 22, 2026
$769,900
Initial Listing
Dec 23, 2021
$669,000
Public Record