30620 Old Windmill Road, Menifee, California 92584, Menifee, 92584 - 5 bed, 4 bath
ACTIVE$1,200,000
30620 Old Windmill Road, Menifee, California 92584
5Beds
4Baths
2,248Sqft
49,658Lot
Price Vs. Estimate
The estimated value ($1,200,000) is $0 (0%) lower than the list price ($1,200,000). This property may be overpriced.
Key pros and cons
Top 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 = 49658, living area = 2248.
Top Cons:
Manufactured Home Status: 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.
Compared to the nearby listings
Price:$1.20M vs avg $630.0K (+$570,000)98%
Size:2,248 sqft vs avg 2,258.5 sqft48%
Price/sqft:$534 vs avg $28299%
More Insights
Built in 1984 (41 years old).
Condition: 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probable that the kitchen, bathrooms, and other systems in the main manufactured home are dated and show signs of being outdated, aligning with the 'Fair' condition criteria for a property built within the last 25 to 40 years with no major renovations since construction.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.
Year Built
1984
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$534
HOA
-
Days on market
-
Sold On
-
MLS number
PW24245590
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills
About this home
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.
Condition Rating
Fair
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.
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 = 49658, living area = 2248.
ADU for Income/Flexibility: 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.
Large Developable Lot: 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.
Strategic Location & Development Potential: Located in the 'Community Core' of Menifee's Economic Development Corridor, the property holds significant long-term development potential and could benefit from future commercial or mixed-use zoning changes.
Equestrian Amenities: The presence of two existing horse corals caters to equestrian enthusiasts, adding unique lifestyle appeal and value for a specific buyer segment.
Multiple Dwellings: The property features two distinct living structures (a main manufactured home and a separate ADU), offering versatility for large families, independent living spaces, or diverse rental strategies.
Cons
Manufactured Home Status: 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.
Age of Main Residence: 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.
Proximity to Commercial Development: 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.