23870 Lodge Drive, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath
ACTIVE$409,000
23870 Lodge Drive, Menifee, California 92587
3Beds
2Baths
1,200Sqft
10,018Lot
Year Built
1937
Close
-
List price
$409K
Original List price
$450K
Price/Sqft
$341
HOA
-
Days on market
-
Sold On
-
MLS number
SW25225899
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
We found 3 Cons,6 Pros. Rank: price - $409.0K(3th), sqft - 1200(8th), beds - 3(50th), baths - 2(50th).
Remodeled 3 bedroom 2 bath family home in the desirable rural area of the fast growing City of Menifee! There is NO HOA and low tax rate in this area. New laminate flooring thru-out, new kitchen cabinets & appliances, a new mini split AC and heat Unit and a separate 2 car garage on a large lot make this a must see for the beginner homeowner. Buyer and Buyer's Agent to satisfy themselves during the due diligence period with property and square footage. Close to Schools and shopping at the Menifee Market Place and the 215 and 15 Freeways.
Price History
Date
Event
Price
11/12/25
Price Change
$409,000-4.9%
10/30/25
Price Change
$429,900-2.3%
10/17/25
Price Change
$440,000-2.2%
09/25/25
Listing
$449,900
Condition Rating
Excellent
Despite being built in 1937, this property has undergone an extensive and recent renovation, bringing its condition to virtually new. The description explicitly states 'new laminate flooring thru-out, new kitchen cabinets & appliances, a new mini split AC and heat Unit.' The images confirm a modern kitchen with white shaker cabinets, new stainless steel appliances, white countertops, and subway tile backsplash. The visible bathroom elements are also new and clean, featuring matching laminate flooring and a new shower stall. All major visible components and systems have been updated to current quality standards, indicating minimal physical depreciation and no deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1200.
Recent Extensive Renovation: The home features new laminate flooring, updated kitchen cabinets and appliances, and a new mini-split AC/heat unit, providing modern comfort and reducing immediate maintenance.
Favorable Financials: Benefits from no HOA fees and a low tax rate, significantly lowering the overall cost of homeownership.
Strategic Location: Located in a desirable rural area of the rapidly growing Menifee, offering convenient access to schools, shopping, and major freeways (I-15 & I-215).
Generous Lot & Garage: Sits on a substantial 10,018 sqft lot and includes a separate two-car garage, providing ample outdoor space and practical storage/parking.
Mountain Views: The property offers appealing mountain views, enhancing its aesthetic value and potential for outdoor enjoyment.
Cons
Advanced Age of Structure: Built in 1937, the property's age may present underlying issues with original systems or structural components not addressed by the recent cosmetic updates.
History of Price Reductions: Multiple price drops from the original list price suggest potential overpricing or challenges in attracting buyer interest, which could impact perceived value.
Compact Interior Space: With 1200 sqft for a 3-bedroom, 2-bath layout, the interior living area is relatively modest, potentially limiting appeal for buyers desiring more spacious accommodations.