31129 Quarter Horse Way, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

31129 Quarter Horse Way, Menifee, California 92584 home-pic-0

31129 Quarter Horse Way

Menifee, California 92584

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
3,084Sq Ft
Lot Size

Property Price

LIST PRICE$739,900
EST. MARKET VALUE
$739,900

SUMMARY

Estimated Market Value

$739,900
Based on Realkey algorithm analyzing recent comparable sales in Menifee.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
31129 Quarter Horse Way
Subject
$739,900*
List Price
433,084$240-
A
31362 Bay Horse Way
Sold
$739,800433,084$2400.4 mi
B
31044 Morgan Horse Street
Sold
$744,000432,839$2620.1 mi
C
29670 Saddlebred Circle
Sold
$875,000433,494$2500.1 mi
D
29742 Carmague Lane
Active
$672,990
List Price
432,650$2540.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2018, this property falls within the 10-year window for an excellent rating. The interior features modern, high-quality finishes including wide-plank flooring, recessed lighting, and a contemporary kitchen with white shaker cabinets, quartz countertops, and stainless steel GE appliances. The home includes premium modern upgrades such as owned solar, EV charging capabilities, and hard-wired internet, showing no signs of physical depreciation or deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern Energy Efficiency

    The property features owned solar panels and an EV-charger-ready 3-car garage, offering significant long-term utility savings and modern convenience for eco-conscious buyers.

  • Versatile Floor Plan

    With 3,084 sq ft of living space, the layout includes a rare main-level primary suite and a flexible upper-level loft, making it ideal for multi-generational living or a home office setup.

  • High-Tech Infrastructure

    The home is uniquely equipped with hard-wired internet in every room and modern upgrades like bidets in all bathrooms, catering to a tech-savvy and comfort-oriented lifestyle.

CONSRISKS & DEFICIENCIES

  • Extended Market Time

    The property has undergone seven price reductions since August 2025, which may lead prospective buyers to question the initial pricing strategy or perceived market demand.

  • Unfinished Outdoor Space

    The backyard is noted as having potential for 'future customization,' implying it may currently lack professional landscaping or finished hardscaping, requiring additional buyer investment.

  • Search Visibility Issues

    The subdivision is listed as 'Out Of Area,' which can negatively impact the property's visibility in filtered searches for specific established Menifee neighborhoods.

About 31129 Quarter Horse Way

Price Improvement! Welcome to 31129 Quarter Horse Way in Menifee, a spacious 4-bedroom, 3-bath single-family home offering 3,084 sq ft of open-concept living. The main level features the primary suite and two additional bedrooms, while the upper level includes a loft and fourth bedroom, providing flexible living space for guests, a home office, or multi-use needs. The bright great room flows into a well-appointed kitchen with all GE appliances included. Additional features include owned solar, an EV-charger-ready 3-car garage, hard-wired internet in every room, and bidets in every bathroom. The side yard offers potential RV or boat parking, and the backyard provides ample space for outdoor living or future customization. Built in 2018 and located in the desirable Menifee 92584 area near parks, schools, shopping, and dining, this home combines space, functionality, and modern efficiency.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2018
Lot Size
-

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$29.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot3,0842,322
82%
Lot Size-7,405
1%
Price$739.9K$623.7K
82%
Price per sq ft$240$271
25%
Built year20182007
68%
HOA$29.0$81
31%
Days on market205178
63%

Pricing History

Listed for Sale

Feb 13, 2026

$739,900

$749,900

-1% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$749,900

$764,900

-2% Price Drop

Initial Listing

Price Change

Jan 3, 2026

$764,900

$779,900

-2% Price Drop

Initial Listing

Price Change

Nov 26, 2025

$779,900

$799,900

-3% Price Drop

Initial Listing

Price Change

Oct 30, 2025

$799,900

$815,000

-2% Price Drop

Initial Listing

Price Change

Aug 30, 2025

$815,000

$820,000

-1% Price Drop

Initial Listing

Price Change

Aug 14, 2025

$820,000

Initial Listing

Browse Properties by State Browse housing market trends by state