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29386 Lake Forest Drive, Menifee, CA 92586

$450K2bd · 2ba · 1,370 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•30d on market•MLS# SW-26200859

Property Description

Check out this lovely single story home located in California's fastest growing city...Menifee! This 55+ community is located just minutes from loads of shopping, dining and recreational activities, this cute home features a large low maintenance yard, spacious 2 car garage, large backyard patio area and a open floor plan and...NO HOA! You'll enter your home through a custom leaded glass door into a roomy foyer and large family room featuring vaulted ceilings, plush carpet, cozy fireplace and lots of windows with high-end plantation shutters. Adjacent to that room is the dining room which features plank flooring and a roomy alcove with shutters giving you extra room for when you are entertaining company. The functional kitchen features lots of cabinet and counter space ideal for all your kitchen toys while providing room for those who love to cook. Just off of the kitchen is a Enclosed Lanai which has a secondary kitchen sink with custom cabinetry. The backyard features a low water usage landscaping design and a massive wrap-around covered patio perfect for enjoying our many months of lovely weather here in Menifee. This neighborhood features ample room between you and your neighbors and the current owner has installed vinyl fencing in the front and rear part of the backyard. Bedroom #2 features lovely ceiling fan, mirrored wardrobe doors and plantation shutters. The master bedroom features vaulted ceilings, shutters and a very spacious en suite bathroom with HUGE vanity, tub and convenient shower with bench. The hall bathroom features a tub/shower with very nice glass shower door and vanity with lots of counter space. All of this and the home features a solar panel system to help lower your energy costs along with Quiet Kool whole house exhaust fan system to reduce your reliance on air conditioning which also helps to keep your electricity bills to a minimum. This home has loads of tasteful improvements that set it apart from other homes for sale, so schedule your showing today before it is GONE!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills
City
Menifee
Zip Code
92586
County
Riverside
Listed byUnknown Office, Joseph McDermott

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,274.94
Principal & Interest
Loan Amount
$359,920
Total Interest
$459,058
Total Payment Over 30 Years
$818,978
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

Affordable Tier · 5 active · 5 closed

29386 Lake Forest Drive, Menifee, CA 92586

Menifee · Single Family Residence

$450K
Affordable Tier
Beds
2
Baths
2
Sqft
1,370
Lot
7,405 sqft
Year
1989
$/Sqft
$328
Pool: Yes✓
View: Hills✓
Garage: 2-car✓

Listed 9.1% below the median closed sale of $495,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $450K· $328/sqft
Total list price
Closed comps
vs closed median $495K
−$45K (−9.1%)
Active comps
vs active median $375K
+$75K (+20.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $309
+$19 (+6.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28345 Via BanditaMenifee1993221,2213,484$307$375,0002091
26808 China DriveMenifee1998221,2693,920$296$375,0001391
26132 Bluebell StreetMenifee1985221,1993,920$304$365,0002191
27927 Blaze LaneMenifee1997221,2693,920$317$402,5005891
26685 ChinaMenifee1998221,2693,920$323$410,0005290
Total: 5 · Average2.02.01,245.43,832.8$309.4$385,50032.8
Median1,269$375,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23745 Casa Bonita AveMenifee199109/28/2026321,3777,405$499,998$520,000$3781.046495
27660 Calle HaberioMenifee199009/21/2026221,2823,485$424,900$405,000$3160.955294
25800 HarzburgMenifee199209/21/2026321,2727,405$499,900$515,000$4051.033892
29893 Saint Andrews DriveMenifee198909/25/2026321,4264,792$499,900$495,000$3470.992092
28028 FoxfireMenifee198009/22/2026321,3936,970$424,900$440,000$3161.0419992
Total: 5 · Average2.82.01,3506,011.4$475,000$475,000$352.4—74.6
Median1,377$495,000$495,000

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.