31235 Morgan Horse, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

31235 Morgan Horse
Menifee, California 92584
Property Price
SUMMARY
Analysis of 31235 Morgan Horse, Menifee, California 92584 reveals a Prime Investment Opportunity with a current list price of $875,000—significantly undercutting the $952,880 Fair Market Value by 8%. This valuation gap indicates a +$77,880 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 31235 Morgan Horse Subject | $875,000* List Price | 4 | 3 | 3,998 | $238 | - |
A 31041 Bridle Way Sold | $820,000 | 3 | 3 | 3,739 | $219 | 0.2 mi |
B 31362 Bay Horse Way Sold | $739,800 | 4 | 3 | 3,084 | $240 | 0.3 mi |
C 29670 Saddlebred Circle Sold | $875,000 | 4 | 3 | 3,494 | $250 | 0.2 mi |
D 31044 Morgan Horse Street Sold | $744,000 | 4 | 3 | 2,839 | $262 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2020, this property is well within the 10-year threshold for an excellent rating. The home features modern, high-quality finishes including a gourmet kitchen with a large center island, stainless steel appliances, and white subway tile. The bathrooms are spa-inspired with contemporary fixtures and soaking tubs. With additional modern upgrades like solar panels, EV charging, and professional landscaping, the property shows no signs of deferred maintenance and meets current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Open-Concept Design
Built in 2020, this nearly 4,000 sqft home features a contemporary open layout with a gourmet kitchen and a versatile main-floor bedroom, perfect for multigenerational living.
- Premium Outdoor Amenities
The quarter-acre lot is professionally landscaped for entertaining, featuring a private courtyard, a covered patio with a fire pit, and a built-in BBQ area.
- Energy Efficiency
Equipped with solar panels and EV charging capabilities, this property offers significant long-term utility savings and modern convenience for eco-conscious buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3998, other record living area = 3739. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Bedroom-to-Square-Footage Ratio
At nearly 4,000 square feet, the four-bedroom configuration may feel under-utilized for large families who typically expect five or more bedrooms in a home of this scale.
- Market Price Premium
The $875,000 list price represents a significant premium for the Menifee area, which may limit the pool of qualified buyers compared to more moderately priced local inventory.
About 31235 Morgan Horse
Welcome to 31235 Morgan Horse Street, a beautifully appointed 2020-built home offering 3,998 square feet of thoughtfully designed living space on an approximately quarter-acre lot in one of Menifee’s most desirable neighborhoods. With strong curb appeal, manicured landscaping, and a warm stucco exterior, this 4-bedroom, 3-bath residence blends modern comfort with exceptional functionality. Inside, an expansive open-concept layout is filled with natural light and designed for seamless indoor-outdoor living. The kitchen features a large center island with bar seating, stainless steel appliances, white subway tile backsplash, recessed lighting, modern pendant fixtures, and a walk-in pantry, flowing seamlessly into the dining area and spacious living room. Sliding glass doors on either side open to a private courtyard and an entertainer’s dream backyard. Adjacent to the dining room is a unique bar and entertainment area, offering the perfect setting for hosting. The main level includes a full bedroom and bath, ideal for guests or multigenerational living. Upstairs, a generous loft/flex space provides additional versatility, while the primary suite offers a spacious bedroom with sitting area, an oversized walk-in closet, and a spa-inspired bath with dual sinks, soaking tub, and separate shower. Secondary bedrooms are well-sized with ample closets, and the upstairs bath includes dual sinks and a shower-tub combo. A dedicated laundry room with sink and storage adds convenience. The backyard is designed for gathering, with a covered patio, fire pit with seating, barbecue area, lush lawn, and multiple seating spaces that create a true indoor-outdoor lifestyle. Additional highlights include solar, EV charging capability, a 3-car garage, and central heating and air conditioning, all conveniently located near parks, schools, shopping, and dining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,998 | 2,322 | 97% |
| Lot Size | 11,326 | 7,405 | 92% |
| Price | $875.0K | $623.7K | 94% |
| Price per sq ft | $219 | $271 | 8% |
| Built year | 2020 | 2007 | 73% |
| HOA | $35.0 | $81 | 33% |
| Days on market | 16 | 178 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$875,000
Initial Listing
Sold
Jun 19, 2020
$590,000
Public Record





















































