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29928 Evans Road, Menifee, California 92586, Menifee, 92586 - 4 bed, 2 bath

29928 Evans Road, Menifee, California 92586 home-pic-0
PENDING$400,000
29928 Evans Road, Menifee, California 92586
4Beds
2Baths
1,415Sqft
7,405Lot
Year Built
1987
Close
-
List price
$400K
Original List price
$475K
Price/Sqft
$283
HOA
-
Days on market
-
Sold On
-
MLS number
IG25249871
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $400.0K(50th), sqft - 1415(56th), beds - 4(85th), baths - 2(50th).

PRICED TO SELL! Former model home in a desirable Menifee neighborhood with NO HOA, NO Mello-Roos, LOW TAXES ( NOT in 55+), and room for RV parking. This single-story layout offers 3 bedrooms, 2 baths, plus a large flex room that could easily be converted into a 4th bedroom. The home sits on a generous lot and features solid bones, an attached 2-car garage, and tons of potential—ideal for investors or buyers looking to customize their first home. Conveniently located near schools, shopping, and freeway access. Please do NOT disturb occupants. Probate sale. Court confirmation required. Financing may be limited. Note: Listing photo has been edited.

Price History

Date
Event
Price
11/19/25
Price Change
$400,000-15.8%
10/29/25
Listing
$475,000
Condition Rating
Fair
The property was built in 1987, making it 37 years old. The listing description explicitly states it has 'tons of potential' and is 'ideal for investors or buyers looking to customize,' with the AI analysis noting it 'may require significant updates or renovations.' This aligns with the 'Fair' category, suggesting the home is aged but maintained, with major components likely functional but showing signs of being outdated. The single exterior image shows a well-kept facade, but the lack of interior photos, especially of the kitchen and bathrooms, prevents a higher score. Given the age and emphasis on customization, these key areas are presumed to be original or last updated 15-30 years ago, requiring minor to moderate updates.
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 = 1415.
Cost-Effective Ownership: The property benefits from no HOA fees, no Mello-Roos, and low property taxes, significantly reducing the ongoing cost of homeownership.
Flexible Floor Plan: A single-story layout with 3 bedrooms, 2 baths, and a large flex room easily convertible to a 4th bedroom offers versatility for various family needs or investment strategies.
RV Parking Capability: The inclusion of dedicated space for RV parking is a valuable and sought-after amenity for many homeowners.
Desirable Location & Accessibility: Situated in a desirable Menifee neighborhood with convenient access to schools, shopping, and major freeway routes.
Investment Potential & Value: Described as having 'solid bones' and 'tons of potential,' making it ideal for investors or buyers looking to customize, further enhanced by a significant price reduction.

Cons

Probate Sale Complications: As a probate sale requiring court confirmation, the transaction process may be subject to delays and additional legal complexities.
Financing Limitations: The listing explicitly states that financing may be limited, potentially narrowing the pool of eligible buyers and complicating loan acquisition.
Required Updates/Customization: While offering 'potential,' the 1987 build year and emphasis on customization suggest the home may require significant updates or renovations, implying additional investment post-purchase.

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