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27297 Terrytown Road, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

27297 Terrytown Road, Menifee, California 92586 home-pic-0
ACTIVE$475,000
27297 Terrytown Road, Menifee, California 92586
2Beds
2Baths
1,550Sqft
7,405Lot
Year Built
1990
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$306
HOA
-
Days on market
-
Sold On
-
MLS number
SW25149325
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,6 Pros. Rank: price - $475.0K(69th), sqft - 1550(67th), beds - 2(50th), baths - 2(50th).

Welcome to 27297 Terrytown Road, a beautifully maintained single-story home nestled in the desirable 55+ Serenade community of Menifee. This spacious 2-bedroom, 2-bath residence offers approximately 1,550 square feet of open-concept living space, perfect for comfortable everyday living and entertaining. The layout features a formal dining area, cozy living room with a fireplace and bay window, and a bright kitchen with ample counter space, tile finishes, and a convenient breakfast bar. The primary suite includes an ensuite bath and generous closet space, while the guest bedroom and bath are ideal for guests or a home office setup. Step outside to a private, low-maintenance backyard complete with drought-tolerant landscaping and a partially covered patio, perfect for relaxing mornings or evening gatherings. The home also boasts newer HVAC (Sept 2024), a 2-car garage with built-in storage and workbench, plus gated RV/boat parking for added convenience. Located just minutes from shopping, dining, golf, and medical facilities, this home combines suburban peace with everyday accessibility. Enjoy the friendly and quiet atmosphere of this active adult community while being just a short drive to I-215 for regional travel. Whether you're looking to downsize or retire in style, this home is a rare gem offering comfort, charm, and convenience all in one.

Nearby schools

3/10
Freedom Crest Elementary School
Public,•K-5•1.7mi
7/10
Ridgemoor Elementary School
Public,•K-5•1.9mi
5/10
Hans Christensen Middle School
Public,•6-8•1.7mi
4/10
Ethan A Chase Middle School
Public,•6-8•2.7mi
6/10
Menifee Valley Middle School
Public,•6-8•2.9mi
2/10
Pinacate Middle School
Public,•7-8•5.7mi
7/10
Paloma Valley High School
Public,•9-12•2.0mi
4/10
Heritage High School
Public,•9-12•4.3mi
Condition Rating
Fair
The property was built in 1990, making it 34 years old, which falls within the '25 to 40 years with no major renovations since construction' criteria for a 'Fair' rating. While the description notes a 'newer HVAC (Sept 2024)' and the property appears well-maintained, the kitchen features dated wood cabinets, white tile countertops, and tile backsplash, indicating it has not been extensively renovated to modern standards. The flooring (carpet and older tile) and light fixtures also suggest an outdated aesthetic. The bathrooms are not explicitly shown but are likely in a similar condition to the kitchen. The home is functional and move-in ready, but significant cosmetic updates would be required to modernize the interior, particularly the kitchen and bathrooms.
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 = 7405, living area = 1550.
55+ Active Adult Community: Located in the desirable 55+ Serenade community, offering a quiet, friendly atmosphere and catering to a specific demographic seeking an active adult lifestyle.
Gated RV/Boat Parking: A rare and highly sought-after amenity, providing secure and convenient storage for recreational vehicles, adding significant value and appeal.
Newer HVAC System: The HVAC system was recently replaced (Sept 2024), ensuring modern comfort, energy efficiency, and reducing immediate capital expenditures for the new owner.
Functional Single-Story Layout: The open-concept, single-story design with a formal dining area, fireplace, and bay window offers comfortable and accessible living, ideal for the target demographic.
Low-Maintenance Outdoor Living: A private backyard with drought-tolerant landscaping and a partially covered patio provides an enjoyable outdoor space with minimal upkeep.

Cons

Significant Overpricing: The current list price of $475,000 is considerably higher than the estimated property value of $330,020.515, suggesting it may be overpriced relative to market expectations and recent sales.
Potentially Dated Interior: While maintained, the 1990 build year and mention of 'tile finishes' in the kitchen suggest the interior may feature dated aesthetics that could require updates to meet modern buyer preferences.
Limited Bedroom Count: With only 2 bedrooms, the property offers less versatility compared to several nearby comparables that feature 3 or 4 bedrooms, potentially limiting its appeal to a broader range of buyers, even within the 55+ community.

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