30757 Alston Lane, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
ACTIVE$510,000
30757 Alston Lane, Menifee, California 92584
3Beds
3Baths
1,901Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($360,461.11) is $149,538.89 (29%) lower than the list price ($510,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Gated Community: Located in 'The Lakes,' a highly sought-after gated community in Menifee, offering enhanced security and amenities.
Top Cons:
Extensive Renovation Required: The property requires significant immediate investment for new flooring, drywall, and kitchen cabinetry, indicating substantial renovation costs.
Compared to the nearby listings
Price:$510.0K vs avg $630.0K ($-120,000)8%
Size:1,901 sqft vs avg 2,258.5 sqft27%
Price/sqft:$268 vs avg $28240%
More Insights
Built in 2010 (15 years old).
Condition: Despite being built in 2010, the MLS description explicitly states the property 'requires new flooring, drywall, and kitchen cabinetry.' Image 4 clearly shows a room stripped down to the concrete subfloor with drywall removed, exposing studs, confirming the extensive nature of the required rehabilitation. While the 'bones are solid,' the interior is not habitable in its current state and demands substantial repairs and renovations to major components, aligning with a 'Poor' condition score.
Year Built
2010
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$268
HOA
$220
Days on market
-
Sold On
-
MLS number
SW25199531
Home ConditionPoor
Features
View-
About this home
Opportunity knocks in the highly desirable Lakes gated community of Menifee! This 3-bedroom, 2.5 bath home offers 1,901 sq. ft. of living space and sits in a prime corner lot near parks, schools, shopping, and freeway access. The property requires new flooring, drywall, and kitchen cabinetry, but the bones are solid and the potential is undeniable. Priced at just $510,000, this is your chance to customize to your taste or invest in a property with great upside in one of Menifee’s most sought-after neighborhoods. With a spacious backyard and a well-planned layout, this home is a true diamond in the rough waiting to shine again.
Condition Rating
Poor
Despite being built in 2010, the MLS description explicitly states the property 'requires new flooring, drywall, and kitchen cabinetry.' Image 4 clearly shows a room stripped down to the concrete subfloor with drywall removed, exposing studs, confirming the extensive nature of the required rehabilitation. While the 'bones are solid,' the interior is not habitable in its current state and demands substantial repairs and renovations to major components, aligning with a 'Poor' condition score.
Pros & Cons
Pros
Desirable Gated Community: Located in 'The Lakes,' a highly sought-after gated community in Menifee, offering enhanced security and amenities.
Prime Corner Lot & Accessibility: Positioned on a prime corner lot with convenient access to parks, schools, shopping, and major freeways.
Investment & Customization Potential: Described as a 'diamond in the rough,' offering significant upside for investors or buyers looking to customize to their taste.
Solid Structural Foundation: The property's 'bones are solid,' indicating a good underlying structure for renovation and future improvements.
Modern Construction Year: Built in 2010, the home benefits from relatively modern construction standards and design compared to older properties.
Cons
Extensive Renovation Required: The property requires significant immediate investment for new flooring, drywall, and kitchen cabinetry, indicating substantial renovation costs.
Overpriced Relative to Estimated Value: The listing price of $510,000 is considerably higher than the estimated property value of $363,474, suggesting it may be overpriced given its current condition.
Ongoing HOA Fees: The property is subject to a $220 monthly association fee, which adds to the recurring cost of homeownership.