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29066 Salrio, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath

29066 Salrio, Menifee, California 92584 home-pic-0
ACTIVE$549,000
29066 Salrio, Menifee, California 92584
4Beds
3Baths
2,249Sqft
7,841Lot
Year Built
2006
Close
-
List price
$549K
Original List price
$559K
Price/Sqft
$244
HOA
-
Days on market
-
Sold On
-
MLS number
SW25243938
Home ConditionGood
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $549.0K(17th), sqft - 2249(49th), beds - 4(50th), baths - 3(50th).

Cul-de-sac home with a large lot, 5 bedrooms, 3 bathrooms. One bedroom and bathroom downstairs. Enter into a formal living room with solid surface floors. Great room with kitchen and family room. Kitchen has granite counters, kitchen island and ample pantry space. Family room has a fireplace for those cozy evenings. Upstairs has 4 additional bedrooms and 2 bathrooms. the Main bedroom as an attached bathroom with dual sinks, separate shower and roman tub, and a large walk in closet. Washer and dryer is in it's own room upstairs for easy convenience. Large linen closet for all your essentials. LOW TAXES and NO HOA. Home is currently rented. Tenant may stay if investor purchases the home.

Price History

Date
Event
Price
11/06/25
Price Change
$549,000-1.8%
10/20/25
Listing
$559,000
Condition Rating
Good
Built in 2006, this property is 18 years old, placing it within the 'Good' category's age range (10-20 years). The home appears well-maintained and is move-in ready with no immediate renovations required. The kitchen features desirable granite countertops and stainless steel appliances, though the cabinet style is original and somewhat dated. Bathrooms are functional and clean, but also reflect the original 2006 build style with standard vanities and cultured marble, showing signs of being outdated aesthetically rather than functionally. Flooring downstairs is a modern wood-look laminate/vinyl plank, and carpets upstairs appear clean. Major systems are functional, and while some aesthetic updates would enhance its appeal, the property does not have significant wear and tear or require substantial repairs.
Pros & Cons

Pros

Financial Advantages: Benefits from low property taxes and no Homeowners Association (HOA) fees, significantly reducing monthly housing costs and enhancing long-term affordability.
Flexible Floor Plan: Features a highly desirable downstairs bedroom and full bathroom, providing excellent flexibility for guests, multi-generational living, or a home office.
Prime Location & Lot Size: Situated on a quiet cul-de-sac with a generous 7,841 sqft lot, offering enhanced privacy, reduced traffic, and ample outdoor space.
Modern Kitchen Amenities: Equipped with granite counters, a functional kitchen island, and ample pantry space, providing a contemporary and efficient cooking environment.
Investor Opportunity: Currently tenant-occupied with the potential for the tenant to remain, offering immediate rental income and a turnkey investment for buyers.

Cons

Lack of Scenic Views: The property explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic surroundings or specific vistas.
Tenant Occupancy Considerations: While beneficial for investors, current tenant occupancy can complicate property showings, inspection access, and possession timelines for owner-occupant buyers.
Recent Price Adjustment: A recent price reduction from $559,000 to $549,000 might suggest initial overpricing or market resistance, potentially leading to buyer inquiries about the property's value.

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