29764 Carmel, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
Loading property details...
Menifee, California 92586
This Single Family Residence presents a Strong Value Opportunity, listed at $359,988—positioned well above the $333,243 Fair Market Value by 8%. While the property is in Fair Condition Rating (4/10), it offers a spacious 8,276 sqft lot in a desirable 55+ community. The home provides a turnkey lifestyle for retirees, though the dated interior allows for future cosmetic upgrades to build equity. With low HOA fees and proximity to local amenities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance retirement sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29764 Carmel Subject | $359,988* List Price | 2 | 2 | 1,604 | $208 | - |
A 27190 Pinehurst Sold | $327,500 | 2 | 2 | 1,460 | $224 | 0.2 mi |
B 29217 Desert Hills Road Sold | $400,000 | 2 | 2 | 1,732 | $231 | 0.2 mi |
C 28762 Olympia Sold | $315,000 | 3 | 2 | 1,833 | $172 | 0.5 mi |
D 28751 Bradley Sold | $330,000 | 3 | 2 | 1,674 | $197 | 0.5 mi |
E 29980 Carmel Road Sold | $385,900 | 3 | 2 | 1,618 | $239 | 0.2 mi |
F 26656 Sun City Blvd Sold | $402,000 | 2 | 2 | 1,708 | $235 | 0.7 mi |
G 29674 Carmel Road Active | $359,988 List Price | 2 | 2 | 1,440 | $250 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 (60 years old) and, while described as 'turnkey' and 'move-in ready,' the interior remains dated. Specifically, the bathroom features vintage yellow tile and older fixtures consistent with a home that has not undergone a major renovation in over 20 years. The exterior shows good maintenance with artificial turf, but the age of the core systems and the dated aesthetic of the wet areas place it in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1604.
The property is marketed as beautifully maintained and move-in ready, offering a seamless transition for buyers who want to avoid the stress and cost of immediate renovations.
Featuring a generous 1,604 square foot interior and a large 8,276 square foot lot, this home provides significantly more living space and outdoor privacy than many standard 2-bedroom senior community residences.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1604, other record living area = 1098.
Built in 1964, the home's underlying infrastructure and systems are approximately 60 years old, which may lead to higher long-term maintenance requirements compared to newer developments.
The property listing explicitly notes a lack of views, which may be a disadvantage for buyers prioritizing the scenic or panoramic vistas often sought after in Southern California.
Welcome Home to 29764Carmel Rd, Menifee , CA! This Beautifully maintained, Turnkey Home features : 2 Bedroom, 2 full Bathrooms, Spacious 2 car Garage, Private Backyard, Low HOA, Move-In- Ready Condition. Located in Desirable 55+ Active Community, This home offers comfort, convenience and an easy lifestyle. Just bring your furniture and start enjoying all Menifee retirement living has to offer.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,604 | 1,404 | 70% |
| Lot Size | 8,276 | 7,405 | 77% |
| Price | $360.0K | $400.0K | 32% |
| Price per sq ft | $224 | $292 | 12% |
| Built year | 1964 | 1975 | 29% |
| HOA | $450.0 | $67 | 84% |
| Days on market | 14 | 138 | 4% |
May 31, 2026
$359,988
Initial Listing
Sep 24, 2004
$200,000
Public Record
Aug 21, 1997
$61,500
Public Record
Jul 13, 1994
$56,500
Public Record