29301 Lake Hills Drive, Menifee, California 92585, Menifee, 92585 - 3 bed, 3 bath

29301 Lake Hills Drive, Menifee, California 92585 home-pic-0
ACTIVE$639,000
29301 Lake Hills Drive, Menifee, California 92585
3Beds
3Baths
2,196Sqft
9,583Lot
Year Built
2005
Close
-
List price
$639K
Original List price
$690K
Price/Sqft
$291
HOA
$76.5
Days on market
-
Sold On
-
MLS number
PW25198864
Home ConditionGood
Features
Good View: City Lights, Lake, Neighborhood, Creek/Stream
Patio
ViewCity Lights,Lake,Neighborhood,Creek/Stream

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $639.0K(70th), sqft - 2196(49th), beds - 3(44th), baths - 3(50th).

Welcome to this unique home at 29301 Lake Hills Drive. Menifee, CA 92585, a beautifully maintained single-story home offering comfort and style. Set on a generous 9,583-square-foot lot, 2,196-square-foot of living space and was built in 2005.This home features three spacious bedrooms plus a bonus room that can serve as a fourth bedroom or home gym. The open floor plan boasts high ceilings, recessed lighting, large windows, and a charming center courtyard that fills the home with natural light. The kitchen is a chef’s dream with a granite center island, upgraded stainless steel appliances including a double oven, microwave, refrigerator, and a walk-in pantry. The open family room includes a cozy fireplace and expansive views of the backyard through large windows. The home also features a low-maintenance front yard, offering curb appeal without the hassle. This home offers a private retreat, perfectly blending comfort with nature. Situated next to a scenic pathway, you can enjoy peaceful walks just steps from your door and walking distance to the serene lake. The spacious master bedroom is a true sanctuary, featuring a large walk-in closet, a separate jetted soaking tub, and a luxurious glass-enclosed steam shower. Two additional bedrooms offer ample natural light with large windows overlooking the street. The home also includes an inside laundry room, a three-car garage with a water softener system and paid solar panels. The essential appliances like the refrigerator, stove, microwave, washer, and dryer—all staying with the home for your convenience. Step outside to an entertainer’s dream backyard featuring a covered California room-style patio, a big water fountain, a cozy gazebo, and a stone-built barbecue perfect for gatherings. The yard offers fruit trees, grapevines, wooden garden boxes, and a low-maintenance full sprinkler and drip irrigation system. This home has home surge protection, fireguard protection breakers to protect the home circuits, heating and air conditioning is provided by 5-ton heat pump. Expanded solar capacity to include additional panels and 2 Tesla batteries. Limit of 5% yearly growth of energy bills starting under $200/month. Beyond this property, enjoy the resort-style amenities of this beautiful Heritage Lake Community, including 25 acres of lake with paddle boats and catch-and-release fishing, two junior Olympic swimming pools, a clubhouse, and waterfront walking, jogging, and parks.

Nearby schools

3/10
Freedom Crest Elementary School
Public,K-51.0mi
4/10
Ethan A Chase Middle School
Public,6-80.4mi
5/10
Hans Christensen Middle School
Public,6-81.9mi
2/10
Pinacate Middle School
Public,7-86.1mi
4/10
Heritage High School
Public,9-122.2mi

Price History

Date
Event
Price
11/23/25
Price Change
$639,000-3.0%
10/23/25
Price Change
$659,000-3.1%
10/10/25
Price Change
$680,000-1.4%
09/10/25
Listing
$690,000
Condition Rating
Good

Built in 2005, this home is well-maintained and move-in ready. The kitchen features upgraded stainless steel appliances and granite countertops, though the cabinet style is a bit dated. The master bathroom boasts luxurious features like a jetted tub and a glass-enclosed steam shower. Significant modern upgrades include paid solar panels with Tesla batteries and advanced electrical protection, ensuring major systems are functional and enhanced. While some aesthetic elements like cabinet style and certain flooring choices are not ultra-modern, they are in good condition and do not require immediate renovation.
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 = 9583, living area = 2196.
Advanced Energy Infrastructure: Features paid solar panels with expanded capacity and two Tesla batteries, significantly reducing energy costs and providing energy independence, complemented by home surge and fireguard protection.
Exclusive Community Amenities: Residents enjoy access to the Heritage Lake Community's extensive amenities, including a 25-acre lake, two Olympic-sized pools, a clubhouse, and various recreational activities.
Luxurious & Flexible Interior: The master suite offers a jetted soaking tub and glass-enclosed steam shower, while a versatile bonus room provides options for a fourth bedroom or home gym.
Entertainer's Dream Backyard: Equipped with a covered California room patio, water fountain, gazebo, built-in barbecue, fruit trees, and a low-maintenance irrigation system.
Upgraded Gourmet Kitchen: Boasts a granite center island, high-end stainless steel appliances (including double oven and refrigerator), and a walk-in pantry, catering to culinary enthusiasts.

Cons

History of Price Reductions: Multiple price drops from the initial listing of $690,000 to the current $639,000 may suggest initial overpricing or market resistance, potentially impacting buyer perception.
Ongoing Association Fees: The monthly association fee of $76.50, while providing access to desirable community benefits, represents an additional recurring cost for homeowners.
Property Age & Potential for Updates: Built in 2005, the home is approaching two decades old; while well-maintained, some areas beyond the recently upgraded kitchen and master bath may eventually require modernization to meet contemporary tastes.

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