29825 Bay View, Menifee, California 92584, Menifee, 92584 - 4 bed, 4 bath
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Menifee, California 92584
This Turnkey Lakefront Residence represents a Prime Investment Opportunity, listed at $698,000—positioned well below the $715,451 Fair Market Value by 2%. This valuation gap provides $17,451 in Instant Equity. Featuring a Mint Condition Rating with a fully remodeled kitchen and first-floor master suite, the home offers a premium lifestyle with unobstructed lake views. While school ratings vary, the property’s high-end upgrades and gated community amenities ensure long-term desirability. This is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors prioritizing quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29825 Bay View Subject | $698,000* List Price | 4 | 4 | 2,543 | $278 | - |
A 29862 Riverbank Court Sold | $672,990 | 5 | 4 | 2,654 | $254 | 0.3 mi |
B 29820 Bay View Sold | $600,000 | 3 | 3 | 2,167 | $277 | 0.0 mi |
C 29872 Riverbank Court Sold | $683,000 | 3 | 3 | 2,311 | $296 | 0.3 mi |
D 29772 Northshore Sold | $605,000 | 4 | 3 | 2,372 | $255 | 0.1 mi |
E 29918 Tierra Shores Sold | $600,000 | 4 | 4 | 2,543 | $236 | 0.1 mi |
F 29495 Ironview Drive Sold | $668,990 | 5 | 4 | 2,654 | $252 | 0.4 mi |
G 29135 Meandering Circle Sold | $610,000 | 4 | 3 | 2,592 | $235 | 1.0 mi |
H 29877 Riverbank Court Sold | $724,973 | 4 | 4 | 2,462 | $294 | 0.2 mi |
I 29878 Salmon Active | $599,900 List Price | 4 | 4 | 2,543 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a significant renovation within the last 2 years, including a fully remodeled kitchen with quartz countertops and new ceramic tile flooring throughout the first floor. It features modern systems like a whole-house water filtration system and an EV charger, meeting the criteria for a high-end renovation in mint condition.
This rare ultra-premium lot features direct lake access and only one immediate neighbor, bordered by a tranquil park to provide exceptional privacy and unobstructed water views.
The home boasts a recently remodeled kitchen with quartz countertops and custom cabinetry, high-end ceramic tile flooring, and a desirable first-floor master suite with private lake views.
Equipped with modern essentials including a dedicated EV charger, whole-house water filtration, and a tropical backyard oasis featuring a built-in gas fireplace and an HOA-approved fence extension.
The property is zoned for several schools with lower performance ratings, such as Pinacate Middle School (2/10) and Heritage High School (4/10), which may impact appeal for families.
The $223 monthly HOA fee, while providing community security and amenities, represents a mandatory recurring expense that increases the overall cost of ownership.
A truly rare find in Menifee! Welcome to premier lakefront living in the highly sought-after private, gated community of Tierra Shores. This spectacular 4-bedroom, 3.5-bathroom two-story home boasts an ultra-premium lot with only one immediate neighbor, perfectly situated with a tranquil park on one side and a stunning private lake directly in your backyard. The heart of the home is the expansive great room, featuring a cozy gas fireplace and framing unobstructed, picturesque water views. Upgraded just two years ago, the entire first floor showcases beautiful ceramic tile that flows effortlessly into a breathtaking, fully remodeled kitchen. Pristine quartz countertops, walk-in pantry, ample custom cabinetry, slow closing drawers, and included stainless steel appliances (microwave, dishwasher, and oven/stove). The highly desirable first-floor master bedroom serves as a peaceful retreat, offering private lake views right from your window, a generous walk-in closet, and a luxurious en-suite bathroom with dual sinks, a soaking tub, and a separate shower. Also located downstairs are two additional bedrooms with a shared full bathroom with dual sinks between the rooms in a Jack-and-Jill style, a convenient powder room, and a versatile separate dining room ideal for a home office, gym, or hobby space. A massive loft upstairs is equipped with built-in storage cabinets—perfect for a media or game room—and a private fourth bedroom and a full bathroom. Practical features include a whole-house water filtration and soft water system, a dedicated laundry room with a deep sink, storage cabinets, and washer/gas dryer hookups, plus an attached 2-car garage featuring built-in storage and a dedicated EV charger. Step outside to your beautifully landscaped, private tropical oasis. An HOA-approved fence extension provides an exceptionally expanded backyard shaded by mature palm trees. It features a built-in outdoor gas fireplace, a dedicated side dog run, and abundant space for patio furniture to enjoy your private oasis. Enjoy the ultimate vacation lifestyle with Tierra Shores' outstanding amenities: private community patrol, community pool, basketball court, playground, scenic picnic areas, and a clubhouse. Secured RV parking is also available within the community for a fee. All this is located just minutes from the 215 freeway, excellent dining, and shopping centers!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,543 | 2,007 |
| Lot Size | 6,098 | 7,405 |
| Price | $698.0K | $585.6K |
| Price per sq ft | $274 | $286 |
| Built year | 2005 | 2005 |
| HOA | $223.0 | $93 |
| Days on market | 42 | 60 |
Jun 10, 2026
$698,000
Initial Listing
Dec 22, 2014
$279,000
Public Record
Mar 16, 2010
$210,000
Public Record
Apr 29, 2005
$448,500
Public Record