29557 Warmsprings Drive, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath

29557 Warmsprings Drive, Menifee, California 92584 home-pic-0
ACTIVE$530,000
29557 Warmsprings Drive, Menifee, California 92584
2Beds
2Baths
2,091Sqft
6,098Lot
Year Built
2002
Close
-
List price
$530K
Original List price
$565K
Price/Sqft
$253
HOA
$330
Days on market
-
Sold On
-
MLS number
IG25111142
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $530.0K(12th), sqft - 2091(38th), beds - 2(10th), baths - 2(37th).

Relaxed Resort-Style Living in The Oasis – 55+ Community Welcome to The Oasis, where active adult living meets comfort and style! This charming 2-bedroom, 2-bathroom home PLUS an office- offers the perfect blend of functionality and peaceful retreat. Step inside to a spacious kitchen featuring a large center island, ideal for casual meals, entertaining guests, or your next culinary adventure. The open-concept layout provides a seamless flow into the dining and living areas—bright, welcoming, and thoughtfully designed. Enjoy the outdoors year-round under the expansive covered patio, complete with a durable Alumawood cover for shade and comfort. The beautifully landscaped backyard is a true gem, featuring fruit trees and a well-tended garden—perfect for those with a green thumb or anyone who enjoys the simple pleasures of nature. Located in the gated, amenity-rich Oasis community, residents enjoy access to a golf course, pool, spa, fitness center, clubhouse, and social events—all designed with lifestyle and leisure in mind. Whether you’re looking to downsize, simplify, or just enjoy a vibrant 55+ lifestyle, this home offers it all in a beautifully maintained setting

Nearby schools

3/10
Freedom Crest Elementary School
Public,K-50.8mi
4/10
Ethan A Chase Middle School
Public,6-81.9mi
5/10
Hans Christensen Middle School
Public,6-82.2mi
2/10
Pinacate Middle School
Public,7-86.5mi
4/10
Heritage High School
Public,9-123.9mi

Price History

Date
Event
Price
09/20/25
Price Change
$530,000-0.9%
08/22/25
Price Change
$535,000-0.9%
08/02/25
$539,999
05/22/25
$565,000
Condition Rating
Fair

The property was built in 2002, making it 22 years old. While it appears well-maintained, the kitchen features light wood cabinets, granite countertops, and a mix of white and stainless steel appliances, which are functional but reflect an early 2000s aesthetic rather than a modern one. Similarly, the bathrooms have light wood vanities and solid surface countertops that are clean and functional but dated in style. The flooring (hardwood, carpet, tile) and light fixtures are in good condition but also consistent with the property's age. The home is move-in ready, but the kitchen and bathrooms show signs of being outdated and would likely require minor cosmetic updates to meet current buyer preferences, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Resort-Style 55+ Community Amenities: Located in the gated Oasis community, residents enjoy extensive amenities including a golf course, pool, spa, fitness center, clubhouse, and social events, catering to an active adult lifestyle.
Functional and Versatile Interior: The home features a spacious kitchen with a large center island, an open-concept layout for seamless living, and an additional office, providing excellent functionality and flexibility.
Exceptional Outdoor Living Space: An expansive covered Alumawood patio, beautifully landscaped backyard with fruit trees, and a garden offer a private and inviting space for relaxation and outdoor enjoyment.
Mountain Views: The property benefits from desirable mountain views, enhancing its aesthetic appeal and providing a pleasant backdrop.
Well-Maintained and Modern Build: Built in 2002, the home is described as being in a 'beautifully maintained setting,' suggesting good condition and relatively modern construction.

Cons

Age-Restricted Community (55+): The property's location within a 55+ community significantly restricts the potential buyer pool, which could impact market demand and resale liquidity.
High Monthly Association Fees: A monthly association fee of $330.0 adds a substantial recurring cost to homeownership, which may be a deterrent for budget-conscious buyers.
Recent Price Reductions & Valuation Discrepancy: Multiple price drops from the original list price of $565,000 to $530,000, combined with a listing price higher than the estimated value, suggest potential overpricing or challenges in attracting buyers at previous price points.

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