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29020 Olympia, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

29020 Olympia, Menifee, California 92586 home-pic-0
ACTIVE$439,900
29020 Olympia, Menifee, California 92586
2Beds
2Baths
1,460Sqft
7,405Lot
Year Built
1964
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$301
HOA
$35
Days on market
-
Sold On
-
MLS number
SW25269609
Home ConditionExcellent
Features
Good View: City Lights, Canyon, Hills, Mountain(s), Neighborhood, Panoramic, Peek-A-Boo, Valley
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Neighborhood,Panoramic,Peek-A-Boo,Valley

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,6 Pros. Rank: price - $439.9K(63th), sqft - 1460(60th), beds - 2(50th), baths - 2(50th).

FHA Eligible After January 22nd. Freshly updated 55+ home in the Sun City community of Menifee. With 1,460 square feet, you need to check out the floor plan and 3d tour of the home. With an extravagantly updated open floor plan, you are greeted with a beautiful kitchen with waterfall edge counter tops, new stainless steel appliances anchoring the open space, with formal living, dining and breakfast nook. Both bathrooms have just been updated with floor to ceiling tile complete with glass enclosures, detailed with gold finishes, A large private patio in the backyard offers one more space to enjoy your home. Large "tuff Shed" style shed in backyard mixed with planter beds and hardscape, mature landscape makes this home feel like a garden oasis. Solar on property, Solar lease is $95/month with SunRun. One other great feature of this home in the fully enclosed two car garage and large laundry and craft/hobby room with brand new floor to ceiling storage.

Nearby schools

7/10
Ridgemoor Elementary School
Public,•K-5•1.4mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.2mi
5/10
Hans Christensen Middle School
Public,•6-8•1.5mi
6/10
Menifee Valley Middle School
Public,•6-8•3.0mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.1mi
2/10
Pinacate Middle School
Public,•7-8•5.1mi
7/10
Paloma Valley High School
Public,•9-12•2.4mi
4/10
Heritage High School
Public,•9-12•4.4mi

Price History

Date
Event
Price
12/02/25
Listing
$439,900
10/24/25
Sold
$295,000
05/18/21
Sold
$330,500
08/03/17
Sold
$263,000
05/29/15
Sold
$230,000
06/28/96
Sold
$57,000
Condition Rating
Excellent
Despite being built in 1964, the property has undergone an extensive and recent renovation, as described by 'freshly updated' and 'extravagantly updated' with 'just been updated' bathrooms. The kitchen features new stainless steel appliances, waterfall edge countertops, and modern cabinetry. Bathrooms boast floor-to-ceiling tile, glass enclosures, and contemporary gold finishes. New flooring, recessed lighting, and modern fixtures throughout the main living areas and bedrooms indicate a comprehensive upgrade, meeting current quality standards with virtually new components.
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 = 1460.
Extensive Modern Renovations: The home features an extravagantly updated open floor plan, a beautiful kitchen with waterfall edge countertops and new stainless steel appliances, and fully updated bathrooms with floor-to-ceiling tile and gold finishes.
55+ Community & FHA Eligibility: Located in the desirable Sun City 55+ community, the property is FHA eligible after January 22nd, appealing to a broad segment of the senior market.
Energy-Efficient Solar System: The property includes a solar power system, offering potential energy savings and a reduced environmental footprint.
Enhanced Outdoor Living & Storage: A large private patio, mature landscaping creating a garden oasis, and a substantial 'tuff Shed' provide excellent outdoor enjoyment and practical storage.
Functional Utility Spaces: A fully enclosed two-car garage and a large dedicated laundry and craft/hobby room with new floor-to-ceiling storage enhance the home's practicality and livability.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-24. The sold price is $295,000.00.
Solar Lease Obligation: The solar system is leased at $95/month, which is an ongoing financial commitment for the new owner rather than an owned asset.
Age-Restricted Community: While appealing to a specific demographic, the 55+ community restriction limits the overall buyer pool, potentially impacting market time and resale flexibility.
Original Construction Age: Built in 1964, the property's underlying structure is older, which, despite extensive cosmetic renovations, may raise concerns about original infrastructure or potential future maintenance related to its age.

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