30620 Old Windmill Road, Menifee, California 92584, Menifee, 92584 - 5 bed, 4 bath
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Menifee, California 92584
This Multi-Dwelling Development Asset is listed at $1,200,000, matching its $1,200,000 Fair Market Value. Maintaining a Fair Condition Rating, the estate combines a 1984 manufactured home with a modern 2022 ADU, offering immediate rental income or multi-generational flexibility. Spanning a 1.25-acre lot with Equestrian Amenities and Distant Hill Views in the Menifee Union district, its location in the Economic Development Corridor ensures long-term appreciation. This versatile property is a strategic fit for Multi-Generational Families or Strategic Investors seeking high-utilization land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30620 Old Windmill Road Subject | $1,200,000* List Price | 5 | 4 | 2,248 | $534 | - |
A 27321 La Piedra Road Active | $1,200,000 List Price | 3 | 2 | 2,016 | $595 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of two structures: a 1984 manufactured home and a newly built 2022 ADU. While the ADU is virtually new and would be in excellent condition, the primary residence is 40 years old. Without interior images, it's highly probable that the kitchen, bathrooms, and other systems in the main manufactured home are dated and show signs of being outdated, aligning with the 'Fair' condition criteria for a property built within the last 25 to 40 years with no major renovations since construction. The overall score is influenced by the age and likely condition of the main dwelling, despite the modern addition of the ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49658, living area = 2248.
A newly built (2022) 1,000 sq ft Accessory Dwelling Unit (ADU) with 2 beds/2 baths provides excellent potential for rental income, guest accommodation, or multi-generational living arrangements.
The property sits on just under 1.25 acres (49,658 sq ft), offering substantial space for expansion, additional structures, or future development, especially given its strategic location.
The primary residence is a 1984 manufactured home, which, despite being 433A certified on a permanent foundation, may face perception challenges or financing limitations compared to traditional stick-built homes.
The main manufactured home was built in 1984, making it 40 years old. This suggests potential for dated systems, required updates, or higher maintenance costs compared to newer constructions.
While offering development potential, being in the 'Community Core' and Economic Development Corridor could lead to increased traffic, noise, or future commercial encroachment, potentially impacting residential tranquility.
30620 Old Windmill rd features a 1,248 sq ft 3 bedroom 2 bathroom 433A certified Manufactured Home on a permanent foundation built in 1984 & a 1,000 sq ft 2 bedroom 2 bathroom ADU built in 2022 on just under 1.25 acres, located in the "Community Core" of Menifee's Economic Development Corridor. There is also a carport & 2 horse corals on this large lot with development potential & the neighboring properties, 30581 Old Windmill rd & 30640 Old Windmill rd are listed for sale as well.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 87% |
| Square foot | 2,248 | 2,311 | 46% |
| Lot Size | 49,658 | 7,405 | 98% |
| Price | $1.20M | $630.0K | 99% |
| Price per sq ft | $534 | $274 | 99% |
| Built year | 1984 | 2008 | 1% |
| HOA | $0 | $92 | 25% |
| Days on market | 544 | 156 | 99% |
Dec 10, 2024
$1,200,000
Initial Listing