30535 Ridgely Way, Menifee, California 92584, Menifee, 92584 - 4 bed, 2 bath
30535 Ridgely Way
Menifee, California 92584
Property Price
SUMMARY
Analysis of 30535 Ridgely Way, Menifee, California 92584 reveals a property with a current list price of $600,000, which is 4% above the estimated $575,955 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30535 Ridgely Way Subject | $600,000* List Price | 4 | 2 | 1,806 | $319 | - |
A 26694 Verdant Sold | $545,000 | 2 | 2 | 1,788 | $305 | 0.6 mi |
B 30282 Silicate Sold | $550,000 | 2 | 2 | 1,813 | $303 | 0.7 mi |
C 27105 27105 Hemingway Court Sold | $565,000 | 4 | 2 | 1,728 | $327 | 0.2 mi |
D 27265 Graphite Drive Sold | $600,000 | 4 | 3 | 2,257 | $266 | 0.2 mi |
E 27082 Nolana Way Sold | $580,000 | 4 | 2 | 1,902 | $305 | 0.6 mi |
F 30569 Wyndham Court Sold | $545,000 | 3 | 2 | 1,559 | $350 | 0.5 mi |
G 30863 Wild Berry Active | $599,000 List Price | 4 | 2 | 2,088 | $287 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This home was built in 2022, making it a virtually new construction. The images confirm a modern, open-concept floor plan with new dark wood-look laminate flooring and clean carpet. The kitchen features contemporary dark cabinetry, granite countertops, and stainless steel appliances. Bathrooms are equally modern with granite vanities and updated fixtures. All systems, including the mentioned solar panels, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2022, this single-story home features a modern, open-concept floor plan, ideal for contemporary living and maximizing space and natural light.
- Energy Efficiency
Equipped with solar panels, the property offers long-term energy efficiency and potential cost savings on utilities.
- Functional Layout & Features
The spacious kitchen seamlessly connects to dining and living areas, perfect for entertaining, complemented by well-proportioned bedrooms and a private primary suite.
CONSRISKS & DEFICIENCIES
- Homeowners Association (HOA) Fees
The property is subject to a monthly association fee of $120.00, which adds to the overall cost of homeownership.
- Smaller Lot Size
With a lot size of 5227 sqft, the outdoor space is relatively modest, which may not appeal to buyers desiring a larger yard for extensive landscaping or outdoor activities.
- Limited Outdoor Amenities
While low-maintenance, the description does not highlight significant outdoor living features or amenities, which some buyers might expect from a new home in this climate.
About 30535 Ridgely Way
Welcome to this beautifully designed single-story home built in 2022, located in the desirable community of Menifee. This 4-bedroom, 2-bath residence offers a modern, open-concept floor plan ideal for today’s lifestyle. The spacious kitchen opens seamlessly to the dining and living areas, making it perfect for everyday living and entertaining. Well-proportioned bedrooms provide flexibility for family, guests, or a home office, while the private primary suite offers comfort and functionality with an en-suite bath and ample closet space. Additional highlights include solar, an attached garage, and a thoughtfully laid-out interior that maximizes space and natural light. The low-maintenance yard offers room to relax, entertain, or personalize to your taste. Conveniently located near schools, shopping, parks, and commuter routes, this nearly new home combines modern comfort with long-term efficiency—an excellent opportunity in a growing Menifee neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,806 | 2,320.5 | 22% |
| Lot Size | 5,227 | 7,405 | 15% |
| Price | $600.0K | $621.8K | 43% |
| Price per sq ft | $332 | $271 | 85% |
| Built year | 2022 | 2007 | 81% |
| HOA | $120.0 | $81 | 64% |
| Days on market | 36 | 178 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$600,000
Initial Listing
Sold
Jan 10, 2022
$548,000
Public Record
Sold
Feb 9, 2021
$4,757,500
Public Record