
Menifee, California 92584
This 2024 New Construction Single Family Residence represents a High-Potential Investment Opportunity, listed at $720,000—positioned above the $643,223 Fair Market Value. While the price reflects a premium, the property features an Excellent Condition Rating with modern finishes and a massive 13,530 sq. ft. lot. The versatile floor plan, including a loft and bonus room, provides significant utility. This asset is ideal for Buy-and-Hold Investors seeking a turnkey rental or Owner-Occupants looking for a modern, customizable sanctuary in the Perris Union High district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30876 Douglas Crest Circle Subject | $699,999* List Price | 3 | 3 | 1,823 | $347 | - |
A 26490 Milena Sold | $725,000 | 3 | 3 | 2,386 | $304 | 0.5 mi |
B 30650 White Pines Drive Sold | $650,000 | 3 | 2 | 2,283 | $285 | 0.2 mi |
C 26663 Ash Summit Circle Sold | $722,000 | 4 | 3 | 2,429 | $297 | 0.2 mi |
D 26459 Wreath Court Sold | $619,000 | 4 | 2 | 1,860 | $333 | 0.9 mi |
E 26595 Opalescent Sold | $685,000 | 3 | 3 | 2,344 | $292 | 0.5 mi |
F 31081 Cedar Oak Road Sold | $640,000 | 5 | 2 | 2,229 | $287 | 0.7 mi |
G 26619 Scotch Pine Circle Active | $639,900 List Price | 3 | 2 | 1,946 | $329 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024, making it brand new and well within the 'Excellent' criteria of being less than 10 years old. The kitchen and bathrooms feature modern finishes, including white shaker cabinetry, quartz countertops, and stainless steel appliances. All major systems (HVAC, electrical, and roof with solar) are in mint condition, requiring no maintenance. While the backyard is unfinished, the structure itself is in pristine, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13530, living area = 1823.
Built in 2024, this home offers the modern energy efficiency, contemporary design, and peace of mind that comes with a brand-new build and updated building codes.
The property sits on a massive 13,530 sq. ft. lot, providing a rare amount of outdoor space for the area that can accommodate a pool, ADU, or extensive custom landscaping.
The backyard is a completely blank slate with no existing landscaping, requiring the buyer to commit additional capital and time to make the outdoor space functional.
Despite the large lot and premium price point, the property does not offer any specific views, which may be a drawback for buyers seeking the aesthetic appeal of the surrounding Menifee landscape.
Rare opportunity on an expansive 13,523 sq. ft. lot with endless possibilities! This spacious home offers 3 bedrooms, 2.5 baths, a loft, and a versatile downstairs bonus room that can easily serve as a 4th bedroom, guest room, office, or playroom. Additional features include a walk-in primary closet, oversized hall linen closet, reverse osmosis water system, EV charging hookup, and a covered patio with ceiling fans for year-round outdoor enjoyment. The real star is the incredible backyard—a blank canvas with room for RV parking (or multiple RVs), a custom pool, an ADU, outdoor entertaining, gardens, sports court, playground, or all of the above. Opportunities like this are becoming increasingly rare. Bring your vision and create the backyard you've always dreamed of!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,823 | 2,007 |
| Lot Size | 13,530 | 7,405 |
| Price | $700.0K | $585.6K |
| Price per sq ft | $384 | $286 |
| Built year | 2024 | 2005 |
| HOA | $78.0 | $93 |
| Days on market | 21 | 60 |
Jul 14, 2026
$699,999
$720,000
-3% Price Drop
Initial Listing
Jul 1, 2026
$720,000
Initial Listing
Apr 23, 2024
$589,000
Public Record