29540 Monarch Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath

29540 Monarch Road, Menifee, California 92584 home-pic-0
ACTIVE$535,798
29540 Monarch Road, Menifee, California 92584
3Beds
3Baths
1,391Sqft
1,612Lot
Year Built
2025
Close
-
List price
$536K
Original List price
$495K
Price/Sqft
$385
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25088769
Home ConditionExcellent
Features
Good View: None
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $535.8K(43th), sqft - 1391(14th), beds - 3(50th), baths - 3(50th).

Brand new construction in the heart of Menifee within walking distance to the Menifee Town Center. Welcome to Riverwalk Village at Town Center, a GATED neighborhood featuring 198 single family detached condominium homes This Norbury is our cute 3 bedroom, 2.5 bath and 2 car direct access garage home. Loaded w/high end features including main floor powder room,Maple cabinetry w/soft close doors and drawers, satin nickel hardware, under cabinet lighting, full tile backsplash, quartz countertops, GE profile appliances including a professional vent hood and induction cooktop. Flooring includes wood laminate and carpet in all bedrooms, hallways and stairs, tiled bathroom and laundry floors. Other features include a 9 ft ceiling on 1st and 2nd floors, luxurious walk-in primary shower w/12x 24 tiles, open stair rails, recessed lighting, ceiling fan prewires in great room and all bedrooms and a RING video doorbell. Luxury community amenities include a Clubhouse, Fitness room, Pool and Heated Spa. Desired location overlooking the community pool. Estimated completion is Late May , 2025. Visit today!

Price History

Date
Event
Price
08/10/25
Price Change
$535,798
04/22/25
Listing
$494,990
Condition Rating
Excellent

This is a brand new construction property (built 2025) with an estimated completion in May 2025. The listing explicitly states 'high end features' including a modern kitchen with quartz countertops, GE Profile appliances, maple cabinetry with soft-close, and under-cabinet lighting. Bathrooms feature luxurious walk-in primary showers with large format tiles. Flooring is new wood laminate, carpet, and tile. All components are new, meeting current quality standards, and there is no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this property offers modern design, energy efficiency, and the peace of mind of a new home with no immediate maintenance concerns.
High-End Finishes & Appliances: The home boasts premium features including Maple cabinetry, quartz countertops, GE Profile appliances, 9ft ceilings, and a luxurious primary shower, providing a sophisticated living experience.
Extensive Community Amenities: Residents will enjoy access to a Clubhouse, Fitness room, Pool, and Heated Spa, offering resort-style living and enhancing the overall lifestyle.
Prime Walkable Location: Situated in the heart of Menifee, the property is within walking distance to the Menifee Town Center, providing convenient access to shopping, dining, and entertainment.
Gated Community & Desirable Internal View: Located within a secure, gated neighborhood, the home also benefits from a desirable position overlooking the community pool, offering a pleasant outlook.

Cons

Condominium Ownership & HOA Fees: Despite being a detached unit, the property is a condominium, incurring a monthly HOA fee of $260, which adds to the cost of ownership and involves community rules.
Limited Living & Outdoor Space: With 1391 sqft of living space and a small 1612 sqft lot, the property offers compact interiors and minimal private outdoor area, which may not suit buyers seeking more room.
Delayed Occupancy: The estimated completion date of Late May 2025 means the property is not available for immediate move-in, requiring buyers to plan for a future occupancy.

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