29104 Escalante Road, Menifee, California 92587, Menifee, 92587 - 5 bed, 3 bath

29104 Escalante Road, Menifee, California 92587 home-pic-0
ACTIVE UNDER CONTRACT$545,000
29104 Escalante Road, Menifee, California 92587
5Beds
3Baths
2,469Sqft
10,019Lot
Year Built
2007
Close
-
List price
$545K
Original List price
$640K
Price/Sqft
$221
HOA
$100
Days on market
-
Sold On
-
MLS number
SW25147063
Home ConditionFair
Features
Good View: Hills, Mountain(s), Neighborhood
Patio
ViewHills, Mountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,6 Pros. Rank: price - $545.0K(16th), sqft - 2469(68th), beds - 5(82th), baths - 3(50th).

Best Deal in Menifee! Located in the highly desirable neighborhood of Canyon Heights, this spacious 5-bedroom, 3-bath home is a fantastic opportunity for buyers looking for value and instant equity. This is a short sale with a bank appraisal of $630,000, but the bank is open to lower offers—don’t miss your chance! This well-designed home offers 2,469 Sq Ft of living space on a generous 10,019 Sq Ft lot. The layout includes 2 bedrooms and 1 full bathroom on the first level, perfect for guests or multi-generational living. The main floor features durable vinyl flooring, while the upstairs offers comfortable carpeting throughout. Enjoy a large family room that opens to the kitchen with a center island, ideal for entertaining. Upstairs, you'll find a spacious loft, individual laundry room, primary suite with en-suite bath, and 2 additional bedrooms. The backyard is a great size and perfect for entertaining, relaxing, or creating your dream outdoor space. Canyon Heights is a quiet, well-kept community with just 396 homes, known for its low property tax rate, elementary school, and large grass field that hosts events throughout the year. This is a rare opportunity to own a spacious home in a great neighborhood at a price you won’t find elsewhere. Act fast!

Nearby schools

7/10
Quail Valley Elementary School
Public,K-50.4mi
5/10
Hans Christensen Middle School
Public,6-84.2mi
2/10
Pinacate Middle School
Public,7-84.7mi
7/10
Paloma Valley High School
Public,9-124.2mi

Price History

Date
Event
Price
10/30/25
Price Change
$545,000-10.7%
10/01/25
Price Change
$610,000+10.9%
09/30/25
Price Change
$549,900-9.9%
08/15/25
Price Change
$610,000-3.2%
08/01/25
$630,000
07/01/25
$640,000
Condition Rating
Fair

Built in 2007, this property is functional but shows signs of being outdated and requires several updates and repairs. While the main floor features newer-looking vinyl plank flooring and fresh paint, the upstairs carpets are visibly worn and stained, requiring immediate replacement. The kitchen, though functional with some stainless steel appliances, features dated honey oak cabinets and white tile countertops. Similarly, the bathrooms have original 2007-era honey oak vanities and dated vinyl flooring. The light fixtures are basic, and the backyard is undeveloped. The property is maintained but needs significant cosmetic updates in key areas (kitchen, bathrooms) and essential repairs (carpets) to align with current market expectations and achieve a 'good' condition.
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 = 10019, living area = 2469.
Spacious & Flexible Floor Plan: Offers 5 bedrooms and 3 bathrooms across 2,469 sqft, including a convenient downstairs bedroom and full bath, ideal for multi-generational living or guests, complemented by an upstairs loft.
Desirable Community & Low Taxes: Situated in the well-regarded Canyon Heights neighborhood, known for its quiet atmosphere, community amenities, and a low property tax rate.
Generous Lot & Outdoor Potential: Features a substantial 10,019 sqft lot with a sizable backyard, providing ample space for outdoor entertaining, relaxation, and future landscaping projects.
Modern Kitchen & Living Space: An open-concept layout includes a large family room flowing into a kitchen equipped with a center island, enhancing functionality and appeal for entertaining.
Proximity to Top-Rated Elementary School: Located just 0.35 miles from Quail Valley Elementary, a highly-rated school (7/10), making it attractive for families with young children.

Cons

Short Sale Transaction Complexity: As a short sale, the purchase process can be prolonged and intricate, requiring bank approval and potentially leading to extended closing times.
Currently Under Contract Status: The property is already 'Active Under Contract,' which means it is not readily available for immediate offers and may only be considered for backup offers.
Listing Price Exceeds Current Market Estimate: The current list price of $545,000 is 5% above the property's estimated market value of $512,741, potentially limiting the 'instant equity' for buyers despite the short sale nature.

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