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29267 Summerset Drive, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath

29267 Summerset Drive, Menifee, California 92586 home-pic-0
ACTIVE$464,999
29267 Summerset Drive, Menifee, California 92586
3Beds
2Baths
1,408Sqft
7,405Lot
Year Built
1989
Close
-
List price
$465K
Original List price
$480K
Price/Sqft
$330
HOA
-
Days on market
-
Sold On
-
MLS number
CV25071130
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $465.0K(68th), sqft - 1408(56th), beds - 3(58th), baths - 2(50th).

Welcome to serene living in the desirable 55+ community of Menifee. This charming single-story home with NO HOA offers 1,408 sq ft of comfortable living space on a generous 7,405 sq ft lot. Featuring 3 spacious bedrooms and 2 bathrooms, it includes a separate living room perfect for relaxation and a dining area ideal for gatherings. The kitchen awaits your personal touch, providing a blank canvas for your culinary creativity. Outside, the private backyard offers a covered patio for year-round enjoyment, a variety of fruit trees to enhance your outdoor experience, and convenient RV access. Nestled in a tranquil, community-focused neighborhood designed for mature residents, this home combines comfort, convenience, and potential for customization. Located in the heart of Menifee, it’s a perfect blend of quiet living with easy access to all amenities. Don’t miss the opportunity to make this peaceful retreat your own!

Nearby schools

7/10
Ridgemoor Elementary School
Public,•K-5•1.1mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.5mi
5/10
Hans Christensen Middle School
Public,•6-8•1.9mi
6/10
Menifee Valley Middle School
Public,•6-8•2.8mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.4mi
2/10
Pinacate Middle School
Public,•7-8•5.2mi
7/10
Paloma Valley High School
Public,•9-12•2.2mi
4/10
Heritage High School
Public,•9-12•4.8mi

Price History

Date
Event
Price
08/12/25
Price Change
$464,999
04/01/25
Listing
$479,999
Condition Rating
Fair
Built in 1989, this property is well-maintained but shows its age. The kitchen features dated light wood cabinets, speckled countertops, and older track lighting, with the listing description explicitly stating it 'awaits your personal touch.' The exterior AC unit also appears to be an older model. While the home is functional and appears clean, it requires minor updates to modernize the aesthetics and potentially some systems, aligning with the 'Fair' condition criteria for an aged but maintained property with outdated components.
Pros & Cons

Pros

55+ Community & No HOA: The property is located in a desirable 55+ community, offering a tailored lifestyle for mature residents, and benefits from having no HOA fees, reducing monthly costs.
Single-Story Layout: This charming single-story home provides easy accessibility and comfortable living, which is highly appealing and practical for the 55+ demographic.
Spacious Lot with Outdoor Amenities: A generous 7,405 sq ft lot features a private backyard with a covered patio for year-round enjoyment, fruit trees, and valuable RV access.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and contributing to a serene living environment.
Customization Potential: The kitchen is described as a 'blank canvas,' offering buyers a significant opportunity to personalize and update the space to their specific tastes and preferences.

Cons

Dated Kitchen: The description explicitly states the kitchen 'awaits your personal touch,' indicating it is not updated and will require immediate investment for modernization to meet contemporary standards.
Age of Property: Built in 1989, the home's systems and finishes are likely original or dated, potentially leading to higher maintenance costs or the need for significant upgrades beyond the kitchen in the near future.
Recent Price Reduction: The property has experienced a recent price drop from $479,999 to $464,999, which could signal initial overpricing or a slower market response, potentially impacting perceived value or buyer confidence.

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