29640 Monarch Road, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath

29640 Monarch Road, Menifee, California 92584 home-pic-0
ACTIVE$559,990
29640 Monarch Road, Menifee, California 92584
3Beds
3Baths
1,499Sqft
1,637Lot
Year Built
2025
Close
-
List price
$560K
Original List price
$586K
Price/Sqft
$374
HOA
$260
Days on market
-
Sold On
-
MLS number
IG25015317
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $560.0K(57th), sqft - 1499(43th), 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 collection of 198 single family detached condominium homes. This Northcross plan is highly appointed with White Cabinetry, quartz kitchen countertops in "Miami Vena" 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-51.2mi
3/10
Freedom Crest Elementary School
Public,K-52.6mi
5/10
Hans Christensen Middle School
Public,6-81.3mi
4/10
Ethan A Chase Middle School
Public,6-83.3mi
6/10
Menifee Valley Middle School
Public,6-83.5mi
2/10
Pinacate Middle School
Public,7-84.6mi
7/10
Paloma Valley High School
Public,9-122.9mi
4/10
Heritage High School
Public,9-124.3mi

Price History

Date
Event
Price
10/19/25
Price Change
$559,990-1.8%
10/11/25
Price Change
$569,990+0.9%
08/01/25
$564,990
01/21/25
$585,990
Condition Rating
Excellent

This is a brand new construction property built in 2025, featuring modern finishes such as white cabinetry, quartz countertops, a professional vent hood, induction cooktop, and a mix of wood laminate, carpet, and tile flooring. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modernity: The property is brand new (2025 build), offering contemporary design, modern finishes, and the benefits of a new home warranty, ensuring minimal immediate maintenance.
Prime Central Location: Situated in the heart of Menifee, providing walkability to the Menifee Town Center for convenient access to shopping, dining, and entertainment.
Exclusive Community Amenities: Residents benefit from a gated community featuring a clubhouse with a fitness center, swimming pool, and heated spa, enhancing lifestyle and security.
High-End Interior Appointments: The home boasts highly appointed interiors including white cabinetry, quartz kitchen countertops with a full tile backsplash, a professional vent hood, and a combination of wood laminate and tile flooring.
Recent Price Adjustment: The property has seen a significant price reduction from its original listing, potentially offering a more attractive entry point for buyers.

Cons

Condominium Structure & HOA Fees: Despite being detached, it's a condominium with a substantial monthly association fee of $260, which adds to the recurring cost of ownership and implies community rules.
Limited Private Outdoor Space: The lot size of 1637 sqft is very small, offering minimal private outdoor living area compared to traditional single-family homes.
Lack of Scenic Views: The property description indicates 'None' for views, suggesting an absence of desirable scenic outlooks (e.g., city, mountain, or water views) that could enhance property value and appeal.

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