332 Monument Parkway, Perris, California 92570, Perris, 92570 - 5 bed, 5 bath

332 Monument Parkway, Perris, California 92570 home-pic-0

332 Monument Parkway

Perris, California 92570

ACTIVE
CONDITION: GOOD
5Beds
5Baths
4,000Sq Ft
8,712Lot Size

Property Price

LIST PRICE$794,999
EST. MARKET VALUE
$756,088
5% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$756,088
Based on Realkey algorithm analyzing recent comparable sales in Perris.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
332 Monument Parkway
Subject
$794,999*
List Price
554,000$189-
A
3381 Sequoia Court
Sold
$637,000533,203$1990.8 mi
B
213 Caldera Street
Sold
$625,000443,267$1910.4 mi
C
380 Monument Parkway
Sold
$620,000432,894$2140.1 mi
D
172 Goldenrod
Active Under Contract
$675,000
List Price
533,175$2130.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained, featuring a main residence built in 2006 and a brand-new, fully permitted ADU completed in 2024. The main house falls within the 10-20 year age range for 'good' condition, showing functional systems and modern conveniences like a Tesla charger. The addition of the 2024 ADU provides excellent contemporary finishes, though the overall score reflects the age of the primary structure's original 2006 components.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Versatility

    The property features a main residence plus a newly permitted 2024 ADU and a separate studio, providing rare opportunities for rental income, guest quarters, or multigenerational living.

  • Spacious Modern Layout

    With 4,000 square feet of living space, the home offers a functional floor plan including dual living rooms, a bright loft, and modern upgrades like a Tesla charger.

  • Desirable Community Location

    Located in the sought-after Monument Ranch area, the home offers easy 215 freeway access and is within walking distance to hiking trails at Kabian Park and a brand-new TK-8 school.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 4000, other record living area = 3050. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

  • Underperforming School Ratings

    The assigned middle and high schools carry low performance ratings (2 and 3 respectively), which may be a significant drawback for families prioritizing academic excellence.

  • High Lot Coverage

    Given the 4,000 square feet of living space across three separate structures on an 8,712 square foot lot, the actual usable outdoor yard space may feel limited relative to the total building footprint.

About 332 Monument Parkway

Welcome to 332 Monument Parkway in the highly sought-after Monument Ranch community of Perris! Conveniently located just off the 215 freeway, offering easy commuter access while maintaining a peaceful neighborhood setting. Built in 2006, the spacious 3-bedroom, 3-bath main home features a versatile and functional layout with two separate living rooms, a bright loft area, and a formal dining room perfect for hosting. The expansive backyard offers endless possibilities for entertaining, play, or creating your dream outdoor retreat. What truly sets this property apart is its exceptional flexibility. In addition to the main home, the property includes: • A fully permitted ADU completed in 2024 • A separate developer-built studio Whether you’re looking for multigenerational living, rental income potential, guest quarters, or dedicated work-from-home space, this setup provides rare versatility. The home also includes a Tesla charger for added convenience. Outdoor enthusiasts will love being within walking distance to hiking trails at Kabian Park. Families will appreciate proximity to the newly opened Granite Hills TK-8 (opened August 2025), serving TK through 8th grade. With space, income potential, and an unbeatable location in Monument Ranch, 332 Monument Parkway offers an opportunity you don’t see often in today’s market.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
8,712 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Perris Unified Schools

Railway Elementary School

Grades K-6 • 1.5 mi

6/10

Pinacate Middle School

Grades 7-8 • 1.9 mi

2/10

Ethan A Chase Middle School

Grades 6-8 • 5.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
78%
Baths5.03.0
96%
Square foot4,0002,287
90%
Lot Size8,7129,365.5
49%
Price$795.0K$630.1K
74%
Price per sq ft$199$306
5%
Built year20062005
57%
HOA$0$0
50%
Days on market22203
1%

Pricing History

Listed for Sale

Feb 13, 2026

$794,999

Initial Listing

Sold

Jun 11, 2014

$305,000

Public Record

Sold

Apr 28, 2006

$468,500

Public Record

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