30294 Coralium Way, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath

30294 Coralium Way, Menifee, California 92584 home-pic-0
ACTIVE$555,000
30294 Coralium Way, Menifee, California 92584
3Beds
2Baths
1,656Sqft
5,227.2Lot

Price Vs. Estimate

The estimated value ($539,156.535) is $15,843.465 (2%) lower than the list price ($555,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Independence: Equipped with a solar system and a Tesla Powerwall battery, this home offers significant energy savings through lower utility bills and provides seamless backup power during outages.
Top Cons:
Age-Restricted Community: As a home within a 55+ community, the potential buyer pool is significantly limited, which can impact marketability and the speed of sale.

Compared to the nearby listings

Price:$555.0K vs avg $630.0K ($-75,000)19%
Size:1,656 sqft vs avg 2,258.5 sqft15%
Price/sqft:$335 vs avg $28281%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this home is practically new and meticulously maintained. The kitchen features modern stainless steel appliances, contemporary cabinetry, and solid surface countertops. Bathrooms are updated with dual sinks, modern vanities, and fixtures. Flooring, lighting, and overall finishes are current and in pristine condition, reflecting a 'turnkey' property with no deferred maintenance.
Year Built
2017
Close
-
List price
$555K
Original List price
$575K
Price/Sqft
$335
HOA
$104
Days on market
-
Sold On
-
MLS number
IV25228416
Home ConditionExcellent
Features
Patio
View-

About this home

Beautiful 3-Bed, 2-Bath Home in Premier 55+ Gated Community. Experience comfort, convenience, and energy efficiency in this meticulously maintained home nestled in a highly desirable community. With a light, airy open floor plan, this home offers the perfect blend of functionality and modern living. The spacious primary suite includes an en suite bathroom with dual sinks, a large walk-in shower, and generous closet space. Two additional bedrooms provide flexibility for guests, hobbies, or a home office. At the heart of the home, the open concept living and dining areas feature an inviting electric fireplace, creating a warm ambiance. The well-appointed laundry room includes a sink and built-in shelving for added storage and convenience. What sets this home apart is its commitment to energy independence—equipped with a solar system and a Tesla Powerwall battery, you'll enjoy lower utility bills and seamless backup power during outages. Step outside to your private backyard oasis, complete with turf landscaping, fruit trees as well as grapevine and covered patio, with dual ceiling fans—a perfect setting for outdoor relaxation or entertaining. Additional features include a 2-car garage and access to top-tier community amenities, including a resort-style pool, spa, and fitness center. Don’t miss your chance to own this turnkey, energy-smart home in one of the area’s most sought-after active adult communities!

Nearby schools

7/10
Evans Ranch Elementary School
Public,K-52.0mi
6/10
Menifee Valley Middle School
Public,6-81.8mi
2/10
Pinacate Middle School
Public,7-86.3mi
7/10
Paloma Valley High School
Public,9-121.1mi
Condition Rating
Excellent

Built in 2017, this home is practically new and meticulously maintained. The kitchen features modern stainless steel appliances, contemporary cabinetry, and solid surface countertops. Bathrooms are updated with dual sinks, modern vanities, and fixtures. Flooring, lighting, and overall finishes are current and in pristine condition, reflecting a 'turnkey' property with no deferred maintenance.
Pros & Cons

Pros

Energy Independence: Equipped with a solar system and a Tesla Powerwall battery, this home offers significant energy savings through lower utility bills and provides seamless backup power during outages.
Premier 55+ Gated Community: Located in a highly desirable, active adult gated community, residents benefit from enhanced security and access to top-tier amenities including a resort-style pool, spa, and fitness center.
Modern & Meticulously Maintained: Built in 2017, the home features a light, airy open floor plan and is described as 'turnkey' and 'meticulously maintained,' requiring minimal immediate investment from the buyer.
Private Outdoor Oasis: The private backyard boasts low-maintenance turf landscaping, fruit trees, a grapevine, and a covered patio with dual ceiling fans, creating an ideal space for relaxation and entertaining.
Functional Interior Layout: The home offers a spacious primary suite with an en suite bathroom (dual sinks, large walk-in shower, generous closet), flexible additional bedrooms, and a well-appointed laundry room with a sink and built-in shelving.

Cons

Age-Restricted Community: As a home within a 55+ community, the potential buyer pool is significantly limited, which can impact marketability and the speed of sale.
Price Reduction & Estimation Gap: The property has already undergone a price reduction from its original list price, and the current listing price is 5% higher than the estimated property value, suggesting potential overpricing or market resistance.
Lack of Scenic Views: The property explicitly states 'View: None,' which may be a drawback for buyers prioritizing scenic surroundings or a desirable outlook from their home.

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