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29302 Fall River, Menifee, CA 92584

$549K3bd · 3ba · 1,901 sqft
Lot 6,098 sqft•HOA $257.99/mo•Single Family Residence•
Active
•139d on market•MLS# SW-26109253

Property Description

VA assumable loan! Seller is Motivated!! Resort-style living in the heart of Menifee awaits in the highly sought-after gated community of The Lakes. This spacious single-story home offers 3 bedrooms, 2.5 bathrooms, and a functional open-concept layout designed for comfort, connection, and everyday living. The kitchen features granite countertops, a large center island, and brand-new stainless-steel appliances that flow seamlessly into the main living spaces — perfect for gathering, hosting, and making memories. The primary suite offers a peaceful retreat with dual vanities, a soaking tub, walk-in shower, and generous closet space, while the Jack-and-Jill secondary bedrooms provide flexibility for guests, family, or hobbies. Step outside to enjoy the covered patio and low-maintenance backyard with expansive concrete hardscaping and upgraded vinyl side fencing — ideal for morning coffee, relaxing evenings, or easy entertaining. Life in The Lakes is about more than just the home — it’s evening walks by the water, weekends at the pool, catching up with neighbors at the clubhouse, and enjoying incredible community amenities including scenic walking trails, fishing, private boat ramps, waterslides, parks, fitness center, dog park, and more — all conveniently close to shopping, dining, schools, and sports parks.

Features & Amenities

FeeBuilt 2010

Property Details

Land Type
Fee
Year Built
2010
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake
Flooring
Tile
City
Menifee
Zip Code
92584
County
Riverside
Listed byRealty ONE Group Empire, Femarie Rincon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

29302 Fall River, Menifee, CA 92584

Menifee · Single Family Residence

$549K
Residential Tier
Beds
3
Baths
3
Sqft
1,901
Lot
6,098 sqft
Year
2010
$/Sqft
$289
Pool: Yes✓
Spa: Yes✓
View: Lake✓
Garage: 2-car✓

Listed 4.4% below the median closed sale of $574,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $549K· $289/sqft
Total list price
Closed comps
vs closed median $574K
−$25K (−4.4%)
Active comps
vs active median $540K
+$9K (+1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $349
−$60 (−17.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
26489 Mallory CourtMenifee2017421,5756,098$375$590,0003985
26784 HullMenifee2001321,5587,405$347$539,900985
29226 Winding Brook DriveMenifee1999221,5606,098$327$510,000484
27678 Percussion RoadMenifee2026321,5395,059$362$556,8431583
30377 Village TerraceMenifee2019331,5773,123$333$525,0007583
Total: 5 · Average3.02.21,561.85,556.6$348.8$544,348.628.4
Median1,560$539,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29189 Overboard DriveMenifee200510/05/2026331,8856,534$550,000$550,000$2921.005297
29358 Falcon HillMenifee200509/30/2026331,9535,227$559,000$554,000$2840.995395
27284 Sitar CircleMenifee202610/02/2026331,8626,075$595,472$581,200$3120.987295
26611 MountaingateMenifee201810/07/2026321,8957,405$569,900$574,000$3031.013391
30865 Oak Knoll DriveMenifee201210/08/2026432,2226,098$579,900$579,900$2611.005890
Total: 5 · Average3.22.81,963.46,267.8$567,820$567,820$290.4—53.6
Median1,895$574,000$574,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.