30499 Covecrest, Menifee, California 92584, Menifee, 92584 - 5 bed, 3 bath
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Menifee, California 92584
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $840,000—positioned well below the $856,268 Fair Market Value by 2%. This valuation gap offers $16,268 in Instant Equity. Featuring a Good Condition Rating, the home includes a Pool, Spa, and Paid-Off Solar on a massive 20,909 sq. ft. lot. While local school ratings vary, the property’s panoramic lake views and turnkey upgrades provide significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a private, energy-efficient sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30499 Covecrest Subject | $840,000* List Price | 5 | 3 | 2,880 | $286 | - |
A 30536 Covecrest Cir Sold | $760,000 | 5 | 3 | 2,467 | $308 | 0.1 mi |
B 31129 Quarter Horse Way Sold | $729,000 | 4 | 3 | 3,084 | $236 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property has been well-maintained and features significant upgrades that place it in the 'Good' category. The kitchen has been updated with granite countertops and stainless steel appliances, and the flooring has been modernized throughout. With paid-off solar and a move-in ready interior, it reflects a renovation age within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2880.
The property features a private backyard oasis with a pool, rock waterfall spa, and includes an additional 12,197 sq. ft. lot, offering exceptional space and privacy rarely found in the area.
Equipped with fully paid-off solar panels and situated in a lower-tax area, this home provides significant long-term utility savings and a lower cost of ownership.
The assigned high school and some middle schools have lower performance ratings, which may be a drawback for families prioritizing top-tier educational scores.
Built in 1990, the home may require more frequent maintenance or updates to its original infrastructure compared to the many newer construction options available in the Menifee market.
**LAKEVIEW**POOL**SPA**RV PARKING**EXTRA LOT**PAID-OFF SOLAR**LOWER TAXES** WHAT MORE COULD ANYONE WANT??!!!MENIFEE ESTATES CUL-DE-SAC BEAUTY WITH A SPARKLING POOL, SPA, & PAID-OFF SOLAR! Located in one of Menifee’s most sought-after neighborhoods, this highly upgraded 5-bedroom, 3-bath home offers incredible panoramic views and an open-concept floor plan that shows beautifully throughout. **Step into your own private backyard paradise featuring a SPARKLING POOL, SPA w/ROCK WATERFAL. Multiple seating areas to enjoy the breathtaking views, HUGE sideyard with an ADDITIONAL LOT attached to the rear of the yard. Perfect for entertaining family and friends. With THE LAKES running alongside this amazing property - it is perfectly designed for both relaxation and entertaining. The interior of the home features upgrades throughout, too many to mention - just take a look at ALLLLL the PICTURES... come see this house and BE READY TO FALL IN LOVE! Conveniently located near the 15 and 215 freeways, shopping, restaurants, parks, and walking trails — plus only 15–20 minutes from Temecula Valley Wine Country. This is a rare opportunity to own a truly special home in an unbeatable location! (Sale includes APN #364-160-015 - which is 12,197 sq. ft. - Buyers to verify lot lines.)
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,880 | 2,007 |
| Lot Size | 20,909 | 7,405 |
| Price | $840.0K | $585.6K |
| Price per sq ft | $292 | $286 |
| Built year | 1990 | 2005 |
| HOA | $105.0 | $93 |
| Days on market | 47 | 60 |
Jun 5, 2026
$840,000
Initial Listing
Aug 22, 2016
$495,000
Public Record