29545 Monarch Road, Menifee, CA 92586
29545 Monarch Road, Menifee, CA 92586
Property Description
Newly opened & new construction, Welcome to Riverwalk Village at Town Center, a single family detached condominium community by Richmond American Homes. This GATED neighborhood offers 4 unique floorplans, a Clubhouse, fitness room, pool and spa. This Northrop plan is our corner unit, 4 bedrooms/2.5 baths/2 car garage floorplan. High end finishes in this plan include: White kitchen cabinetry w/ Satin Nickel hardware, undercabinet lighting, full tile backsplash, quartz countertops, GE profile appliances including a professional vent hood and induction cooktop. Wood laminate flooring is located throughout the main floor along w/ carpeted hallways, stairs, bedrooms and tiled bathrooms and laundry room on 2nd floor. Primary walk in shower is fully tiled , 9 ft ceilings on 1 and 2nd floor, tons of recessed lighting and ceiling fan pre wires in great room and all bedrooms. Owners will enjoy a private covered patio. Estimated completion is April, 2025! Stop by today!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Menifee · Condominium
Listed 5.4% above the median closed sale of $543,849. Closed comps sold at 102% of list — strong seller's market. Expect a longer timeline — comps averaged 241 days on market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 29533 Monarch Road | Menifee | 2025 | 4 | 3 | 1,650 | 1,733 | $349 | $575,490 | 132 | 91 |
| 29515 Vernal Road | Menifee | 2025 | 3 | 3 | 1,499 | 1,637 | $380 | $568,990 | 124 | 85 |
| 26914 Rubicon Road | Menifee | 2025 | 3 | 3 | 1,499 | 2,252 | $371 | $555,990 | 122 | 82 |
| 30470 Capetown | Menifee | 2021 | 3 | 3 | 1,527 | 1,077 | $311 | $474,900 | 1 | 81 |
| 29568 Monarch Road | Menifee | 2025 | 4 | 3 | 1,788 | 1,979 | $323 | $576,990 | 626 | 81 |
| Total: 5 · Average | 3.4 | 3.0 | 1,592.6 | 1,735.6 | $346.8 | $550,472 | 201 | |||
| Median | 1,527 | $568,990 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27306 Provincetown Way | Menifee | 2022 | 09/21/2026 | 3 | 3 | 1,632 | 0 | $493,000 | $485,000 | $297 | 0.98 | 99 | 87 |
| 29557 Monarch Road | Menifee | 2025 | 09/25/2026 | 3 | 3 | 1,499 | 1,637 | $542,990 | $555,778 | $371 | 1.02 | 541 | 86 |
| 26909 Rubicon Road | Menifee | 2025 | 09/21/2026 | 3 | 3 | 1,499 | 1,984 | $550,990 | $550,990 | $368 | 1.00 | 53 | 86 |
| 30456 Hopetown | Menifee | 2021 | 07/30/2026 | 3 | 3 | 1,527 | 0 | $478,000 | $476,000 | $312 | 1.00 | 49 | 84 |
| 29540 Monarch Road | Menifee | 2025 | 07/30/2026 | 3 | 3 | 1,391 | 1,612 | $499,990 | $543,849 | $391 | 1.09 | 462 | 83 |
| Total: 5 · Average | 3.0 | 3.0 | 1,509.6 | 1,744.333 | $522,323.4 | $522,323.4 | $347.8 | — | 240.8 | ||||
| Median | 1,499 | $543,849 | $543,849 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.