29653 Park City, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath

29653 Park City, Menifee, California 92584 home-pic-0
ACTIVE$515,000
29653 Park City, Menifee, California 92584
3Beds
3Baths
1,546Sqft
7,405Lot
Year Built
1989
Close
-
List price
$515K
Original List price
$530K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
SW25252175
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $515.0K(8th), sqft - 1546(11th), beds - 3(39th), baths - 3(50th).

Rare opportunity to own an affordable home in a great location within Menifee close to Pete Peterson Park with NO HOA and extremely low taxes! Cosmetic fixer-upper with important major updates like a newer roof, newer HVAC system and newer water heater! All you need to do is update this home with your own design! Walking into the entryway there are tall vaulted ceilings and a dining room connected to a front living area, the kitchen is central on the main floor and open to a secondary living room with a cozy fireplace and convenient half-bath. Two large sliding doors make quick access to the backyard which has a long covered patio area perfect for entertaining or relaxing and plenty of space for your dream backyard someday. All bedrooms are upstairs along with a loft that could be perfect for a playroom, exercise area, office, tech nook, or a third living room. Two guest bedrooms share a full bathroom and the primary bedroom has its own full bathroom as well. Very close to shopping, restaurants and walking trails!

Price History

Date
Event
Price
11/18/25
Price Change
$515,000-2.8%
11/02/25
Listing
$530,000
02/25/05
Sold
$347,000
03/20/98
Sold
$100,000
Condition Rating
Fair

The property, built in 1989, is described as a 'cosmetic fixer-upper' requiring aesthetic updates. While major systems like the roof, HVAC, and water heater are newer, the interior, particularly the kitchen with its dated cabinets and tile countertops, and the worn carpets in bedrooms, indicates a need for significant cosmetic renovation. The overall condition suggests the home is aged but maintained, with functional major components that are outdated in style.
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 = 7405, living area = 1546.
Cost Savings: The property benefits from no HOA fees and extremely low taxes, significantly reducing the monthly cost of homeownership.
Major System Updates: Important major updates including a newer roof, HVAC system, and water heater have been completed, offering peace of mind and reducing immediate capital expenditures for a buyer.
Desirable Location & Amenities: Situated in a great Menifee location, the home is close to Pete Peterson Park, shopping, restaurants, and walking trails, enhancing convenience and lifestyle.
Versatile Interior Layout: The home features tall vaulted ceilings, an open kitchen to a secondary living room with a fireplace, a convenient half-bath, and an upstairs loft offering flexible space for various uses like an office or playroom.
Outdoor Entertainment Potential: A long covered patio and ample backyard space provide excellent opportunities for outdoor entertaining, relaxation, and future landscaping projects.

Cons

Cosmetic Fixer-Upper: Described as a 'cosmetic fixer-upper,' the property requires significant aesthetic updates, implying additional time and financial investment for the buyer to personalize and modernize.
Older Construction: Built in 1989, the property is 35 years old, suggesting that while major systems are updated, other components and finishes may be dated or nearing the end of their lifespan, requiring future attention.
Recent Price Reduction: A recent price drop from $530,000 to $515,000 could indicate initial overpricing or a slower market response, potentially impacting perceived value or future appreciation.

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