30581 Old Windmill Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath

30581 Old Windmill Road, Menifee, California 92584 home-pic-0
ACTIVE$1,750,000
30581 Old Windmill Road, Menifee, California 92584
3Beds
2Baths
1,646Sqft
204,732Lot
Year Built
1988
Close
-
List price
$1.75M
Original List price
$2M
Price/Sqft
$1,063
HOA
-
Days on market
-
Sold On
-
MLS number
PW24247930
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills

About this home

We found 3 Cons,6 Pros. Rank: price - $1.75M(100th), sqft - 1646(15th), beds - 3(39th), baths - 2(37th).

30581 Old Windmill rd features a 1,646 sq ft 3 bedroom 2 bathroom 433A certified Manufactured home on a permanent foundation on a 4.7 acre lot, located in the "Community Core" of Menifee's Economic Development Corridor. There is development potential & the neighboring properties: 30525 Old Windmill rd, 27321 La Piedra rd, 30550 Stern dr, 30645 Old Windmill rd, 30620 Old Windmill rd & 30640 Old Windmill rd are listed for sale as well.

Price History

Date
Event
Price
12/11/25
Price Change
$1,750,000
12/11/24
Listing
$2,000,000
Condition Rating
Fair

The property, built in 1988, is 36 years old and shows no evidence of recent major renovations. The exterior images depict an aged manufactured home with overgrown vegetation and a general need for maintenance. The listing's property analysis explicitly notes the dwelling's age and potential need for significant updates, indicating that the value is predominantly in the land. Without interior images, the specific condition of the kitchen and bathrooms cannot be fully assessed, but based on the overall age and exterior appearance, it's highly probable they are outdated and would require minor to substantial updates to meet current standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 204732, living area = 1646.
Strategic Location & Development Potential: Positioned within the 'Community Core' of Menifee's Economic Development Corridor, the property offers significant future development potential.
Expansive Acreage: A substantial 4.7-acre lot provides ample space, privacy, and flexibility for various future uses or expansion.
Land Assembly Opportunity: Multiple neighboring properties are also listed for sale, presenting a unique opportunity for large-scale land assembly for a developer or investor.
Permanent Foundation: The manufactured home is 433A certified on a permanent foundation, which enhances its structural stability and eligibility for conventional financing.
Significant Price Adjustment: A notable $250,000 price reduction from the original listing price indicates a motivated seller and potentially a more attractive entry point for buyers.

Cons

Manufactured Home Structure: Despite being on a permanent foundation, the primary dwelling is a manufactured home, which can sometimes face appraisal challenges and limit the buyer pool compared to traditional stick-built homes.
Age of Dwelling: Built in 1988, the 36-year-old manufactured home may require significant updates or maintenance, potentially impacting its immediate residential appeal.
High Price Point for Dwelling Type: The $1.75M list price is substantial for a 1646 sq ft manufactured home, indicating that the value is predominantly in the land and its development potential, which targets a niche investor/developer market.

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