29865 Incense, Menifee, California 92584, Menifee, 92584 - 5 bed, 3 bath
Loading property details...
Menifee, California 92584
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $688,000—positioned well below the $716,250 Fair Market Value by 3%. This valuation gap offers $28,250 in Instant Equity for the buyer. Featuring a 2023 build date and an Excellent Condition Rating, the home includes a paid-off solar system, a main-floor ensuite, and a spacious loft. It is an ideal acquisition for Owner-Occupants seeking modern efficiency or first-time buyers prioritizing a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29865 Incense Subject | $688,000* List Price | 5 | 3 | 2,824 | $254 | - |
A 29495 Ironview Drive Sold | $668,990 | 5 | 4 | 2,654 | $252 | 0.2 mi |
B 29862 Riverbank Court Sold | $672,990 | 5 | 4 | 2,654 | $254 | 0.3 mi |
C 29502 Twinberry Sold | $725,000 | 5 | 5 | 3,108 | $233 | 0.2 mi |
D 29565 Tulipwood Sold | $635,000 | 4 | 3 | 2,360 | $269 | 0.3 mi |
E 29617 Fortitude Drive Sold | $669,990 | 5 | 3 | 2,654 | $252 | 0.3 mi |
F 29877 Riverbank Court Sold | $724,973 | 4 | 4 | 2,462 | $294 | 0.3 mi |
G 29872 Riverbank Court Sold | $683,000 | 3 | 3 | 2,311 | $296 | 0.2 mi |
H 29552 Copper Ridge Sold | $675,000 | 5 | 3 | 2,913 | $232 | 0.3 mi |
I 29550 Ironview Drive Active | $724,981 List Price | 5 | 4 | 2,845 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, making it nearly brand new and well within the <10-year criteria for Excellent. The kitchen and bathrooms feature modern finishes, including granite countertops and stainless steel appliances. All major systems, including the HVAC and a paid-off solar system, are in mint condition, requiring no immediate maintenance or repairs.
The property features a fully paid-off solar system, providing the new owner with immediate energy efficiency and significant long-term savings on utility costs.
Built in 2023, this home offers a highly functional floor plan including a main-floor ensuite bedroom and a versatile upstairs loft, ideal for guests or extended family.
As a nearly new construction with smart home technology and a low-maintenance, partially paved backyard, the residence is in move-in-ready condition with minimal immediate upkeep required.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2824, other record living area = 2790.
While the backyard is low-maintenance and paved, the lack of established landscaping or lawn space may be a drawback for buyers seeking a traditional garden or soft play area.
The current list price reflects a significant increase from its late 2023 sale price of $579,000, which may lead to closer scrutiny during the appraisal process.
Welcome to this beautifully appointed home located in the highly desirable Banner Park Community. This spacious 5-bedroom, 3-bathroom residence offers 2824 square feet ( tax record of 2790 square feet) of thoughtfully designed living space, seamlessly blending comfort, elegance, and modern functionality. A main-floor ensuite bedroom provides ideal accommodations for guests or multi-generational living. The outdoor space has been partially paved in concrete by the owner, featuring a generously sized, well-designed, and low-maintenance backyard—perfect for enjoying Southern California’s year-round sunshine. Solar system has been paid off. Whether hosting gatherings, relaxing outdoors, this expansive backyard offers exceptional versatility and long-term potential. Inside, the home features smart home technology, an open-concept kitchen and living area ideal for both everyday living and entertaining, along with a spacious upstairs loft that can function as a media room, playroom, or additional home office. Conveniently located just minutes from the 215 freeway, this home provides easy access to shopping, dining, and recreational amenities, while maintaining a quiet, family-friendly neighborhood setting. This is truly a dream home you don’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,824 | 2,007 |
| Lot Size | 7,057 | 7,405 |
| Price | $688.0K | $585.6K |
| Price per sq ft | $244 | $286 |
| Built year | 2023 | 2005 |
| HOA | $74.0 | $93 |
| Days on market | 13 | 60 |
Jul 9, 2026
$688,000
Initial Listing
Nov 22, 2023
$579,000
Public Record
Jul 1, 2022
$3,055,000
Public Record