29972 Sea Breeze Way, Menifee, California 92584, Menifee, 92584 - 5 bed, 3 bath
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Menifee, California 92584
This Spacious Gated Community Residence is a Strong Value Opportunity, listed at $560,000—positioned well below the $607,898 Fair Market Value by 7%. This valuation gap provides $47,898 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features paid-off solar panels, a 3-car garage, and over 3,200 square feet of living space. Residents enjoy resort-style amenities including a private lake and pool, with proximity to Bell Mountain Middle School. This short sale is an ideal acquisition for Owner-Occupants seeking a value-add sanctuary or Buy-and-Hold Investors targeting a high-upside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29972 Sea Breeze Way Subject | $560,000* List Price | 5 | 3 | 3,267 | $186 | - |
A 30261 Tattersail Sold | $615,000 | 5 | 3 | 2,857 | $215 | 1.0 mi |
B 29864 Warm Sands Drive Sold | $612,000 | 4 | 3 | 2,778 | $220 | 0.4 mi |
C 29081 Loden Circle Sold | $591,610 | 4 | 3 | 2,857 | $207 | 0.9 mi |
D 29917 Sea Breeze Active | $579,999 List Price | 5 | 3 | 2,752 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property falls within the 10-20 year age bracket for a 'Good' rating. Visuals show a modern, renovated bathroom with updated tile work and glass doors, suggesting recent improvements. The home includes functional systems like central HVAC and paid-off solar panels, and while the backyard is unfinished, the interior appears well-maintained and move-in ready.
The property features fully paid-off solar panels, providing the new owner with immediate and significant savings on monthly utility costs.
Situated in a peaceful gated community, the home offers access to high-end amenities including a lake, pool, and clubhouse for a relatively low HOA fee of $198.
Boasting 5 bedrooms and over 3,200 square feet, this home provides a spacious layout and a 3-car garage, offering excellent value and upside potential in a growing market.
As a short sale, the transaction is subject to lender approval, which typically involves a more complex and lengthy closing timeline compared to a traditional sale.
Several of the assigned schools in the immediate area carry low performance ratings, which may be a concern for families and could impact future resale appeal.
Short Sale in Menifee! PAID OFF SOLAR PANELS. Very spacious 5 bedroom home in a gated community with a pool, club house and lake. Very peaceful community. Set on an approximately 7,800+ sq ft lot, the backyard provides a clean slate with plenty of room to create your ideal outdoor space. A 3-car garage offers ample parking and storage, and the home is equipped with central HVAC for year-round comfort. Located in a quiet, residential neighborhood with low HOA of $198 and just minutes from schools, parks, shopping centers, and quick access to major commuter routes. This is a rare opportunity to own a large, functional home with strong upside potential in a rapidly growing area of Menifee.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,267 | 2,310 | 90% |
| Lot Size | - | 7,405 | 1% |
| Price | $560.0K | $620.0K | 25% |
| Price per sq ft | $171 | $274 | 1% |
| Built year | 2005 | 2008 | 43% |
| HOA | $198.0 | $81 | 85% |
| Days on market | 0 | 181 | 1% |
Apr 17, 2026
$560,000
Initial Listing
Oct 21, 2024
$745,000
Public Record
Apr 21, 2022
$705,000
Public Record
Jul 20, 2012
$205,000
Public Record
Aug 26, 2008
$265,500
Public Record
Dec 30, 2005
$483,000
Public Record