31009 Lusitano Circle, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
31009 Lusitano Circle
Menifee, California 92584
Property Price
SUMMARY
Analysis of 31009 Lusitano Circle, Menifee, California 92584 reveals a Fairly Priced Property with a current list price of $615,000 aligned with the estimated $615,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31009 Lusitano Circle Subject | $615,000* List Price | 3 | 3 | 2,339 | $263 | - |
A 29594 Chelton Sold | $615,000 | 4 | 2 | 2,090 | $294 | 0.9 mi |
B 29796 Ballast Road Sold | $607,771 | 3 | 2 | 1,950 | $312 | 0.7 mi |
C 31362 Bay Horse Way Sold | $739,800 | 4 | 3 | 3,084 | $240 | 0.4 mi |
D 29274 Fenwick Sold | $675,000 | 4 | 3 | 2,204 | $306 | 0.8 mi |
E 29768 Shire Horse Active Under Contract | $645,000 List Price | 3 | 2 | 2,103 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2019, making it only 5 years old. The images confirm a newly built home with modern finishes throughout. The kitchen features contemporary dark shaker cabinets, granite/quartz countertops, stainless steel appliances, and modern pendant lighting. All bathrooms are updated with modern vanities, fixtures, and tiling, including glass-enclosed showers and a soaking tub in the master. Flooring is a mix of modern wood-look LVP/laminate and clean carpet. The home boasts recessed lighting, ceiling fans, solar panels, and an EV-ready garage, indicating all components are new and meet current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern & Energy-Efficient
Built in 2019 with a desirable Craftsman style and open floor plan, this home features solar panels for reduced energy costs and drought-resistant landscaping.
- Exceptional Outdoor Living
The property boasts a large covered patio ('CA room') with a fire pit, low-maintenance turf, and a spacious front porch, ideal for entertaining and relaxation.
- Flexible Living Arrangements
Includes a convenient ground-floor bedroom and full bath, perfect for guests or multi-generational living, complemented by a versatile loft and upstairs laundry.
CONSRISKS & DEFICIENCIES
- Ongoing HOA Dues
The property is subject to a monthly association fee of $35, representing an additional recurring cost for homeowners.
- Standard Neighborhood View
While a view is present, it is described as a 'Neighborhood' view, lacking the premium appeal of panoramic or scenic vistas that can significantly enhance property value.
- Recent Price Adjustment
The listing has undergone a price reduction from its original list price, which could suggest market resistance or that the initial pricing was above current buyer expectations.
About 31009 Lusitano Circle
Lovely 2 story Craftsman style home built in 2019. Corner lot at a cul-de-sac with a large, covered patio and low maintenance turf in the backyard. Lounge in the CA room which is the covered part of the patio, large enough for dining and watching tv. Cozy up by the fire pit on chilly nights! Drought resistant landscaping in front. Front porch is large enough to call it a patio, perfect for morning coffee. Three car garage with 220V outlet ready for an EV charger. Easily fits 3 cars or 2 cars with lots of storage space. This beauty also has solar panels to keep your charging, heating and A/C costs down. Three bedrooms, 3 baths and a loft, and a convenient laundry room on the 2nd floor. One of the bedrooms and baths are on the 1st floor and are great for a family member or guests. The open floor plan is an entertainer's dream. From the front door through the entry the party will flow to the living room, kitchen, dining area, and out to the patio and backyard. The walk-in pantry makes stocking your favorite items a breeze!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $35.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,339 | 2,322 | 51% |
| Lot Size | 6,970 | 7,405 | 44% |
| Price | $615.0K | $621.8K | 47% |
| Price per sq ft | $263 | $271 | 44% |
| Built year | 2019 | 2007 | 71% |
| HOA | $35.0 | $81 | 33% |
| Days on market | 169 | 178 | 45% |
Pricing History
Listed for Sale
Nov 13, 2025
$615,000
$650,000
-5% Price Drop
Initial Listing
Price Change
Sep 19, 2025
$650,000
Initial Listing