29616 Monarch Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
ACTIVE$547,990
29616 Monarch Road, Menifee, California 92584
4Beds
3Baths
1,650Sqft
1,740Lot
Year Built
2025
Close
-
List price
$548K
Original List price
$618K
Price/Sqft
$332
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25008467
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $548.0K(43th), sqft - 1650(50th), beds - 4(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 collection of 198 single family detached condominium homes. This Northrop plan is highly appointed with Maple Sabbia Cabinetry, quartz kitchen countertops in "Miami Oro" w/full tile backsplash, professional vent hood over an induction cooktop, a combination of wood laminate flooring & carpet, tile in all bathrooms and a covered patio. Resident will enjoy this gated community which includes a Clubhouse w/fitness center, pool and heated spa. This home will be move in ready in March, 2025.
Nearby schools
7/10
Ridgemoor Elementary School
Public,•K-5•1.2mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.6mi
5/10
Hans Christensen Middle School
Public,•6-8•1.3mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.3mi
6/10
Menifee Valley Middle School
Public,•6-8•3.5mi
2/10
Pinacate Middle School
Public,•7-8•4.6mi
7/10
Paloma Valley High School
Public,•9-12•2.9mi
4/10
Heritage High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
09/14/25
Price Change
$547,990-3.9%
08/10/25
Price Change
$569,990
01/13/25
Listing
$617,990
Condition Rating
Excellent
This is a brand new construction home built in 2025, explicitly stated as 'highly appointed' and 'move-in ready'. The kitchen features modern Maple Sabbia Cabinetry, quartz countertops with a full tile backsplash, a professional vent hood, and an induction cooktop, all indicative of current quality standards. Flooring includes wood laminate, carpet, and tile in bathrooms, consistent with new builds. All systems and components are new, meeting the criteria for an excellent condition rating.
Pros & Cons
Pros
Brand New Construction: Built in 2025, this property offers modern design, energy efficiency, and the benefits of a new home warranty, minimizing immediate maintenance concerns.
Prime Walkable Location: Strategically located within walking distance to the Menifee Town Center, providing convenient access to shopping, dining, and entertainment options.
Premium Interior Appointments: The home is highly appointed with desirable features including Maple Sabbia Cabinetry, quartz kitchen countertops, a professional vent hood, and a combination of wood laminate and tile flooring.
Gated Community with Extensive Amenities: Residents benefit from a secure, gated community that includes a Clubhouse with a fitness center, pool, and heated spa, enhancing lifestyle and recreational opportunities.
Significant Price Reduction: The current list price of $547,990 represents a substantial reduction from the original list price of $617,990, offering a more competitive and attractive value proposition.
Cons
Condominium Ownership & HOA Dues: Despite being a detached home, it is a condominium, incurring a mandatory monthly association fee of $260 and adherence to community rules, which may limit individual property control.
Compact Living Space & Small Lot: With 1650 sqft for 4 beds/3 baths and a 1740 sqft lot, the property offers limited interior and exterior space, which might feel compact for some families or those desiring a larger yard.
Lack of Scenic Views: The property does not offer any specific views, which could be a drawback for buyers prioritizing scenic outlooks or natural surroundings.