29861 Blue Water Way, Menifee, CA 92584
29861 Blue Water Way, Menifee, CA 92584
Property Description
**2.25% INTEREST RATE****RARE OPPORTUNITY**2.25% INTEREST RATE** / THIS HOME FEATURES AN ASSUMABLE VA LOAN WITH A 2.25% INTEREST RATE WITH A CURRENT BALANCE EST. $234,000 ** OPEN TO BOTH VETERAN AND NON-VETERAN BUYERS** DONT MISS OUT ON THIS GEM! - Welcome to Blue Water Way in the sought-after Tierra Shores community, where everyday living feels like a private retreat. This beautifully refreshed 4-bedroom, 3-bath home offers approximately 2,778 square feet of elegant living space with an open, inviting feel from the moment you walk in. Soaring ceilings bring in a sense of light and space, while luxury vinyl flooring in the main living areas adds a fresh, modern touch. The updated kitchen is the heart of the home, offering both style and connection. A bright breakfast nook is perfect for relaxed mornings, and the open layout to the family room keeps the chef included in every conversation. Whether you are hosting holiday gatherings or enjoying a quiet night in, this space is designed to bring people together. The primary bedroom and ensuite bathroom create a spa-like feel, while the additional bedrooms are generously sized and finished with new carpet. Two of the secondary bedrooms have individual access to a private balcony. Upstairs inside laundry adds convenience, and thoughtful updates such as plantation shutters, custom-fitted blackout shades in every room upstairs, new complete garage door system with insulated door and belt fed motor, refreshed landscaping, a whole-house fan, 16 solar panels, and two new Alumawood patio covers—one on the side of the home and one in the backyard—help enhance everyday comfort, shade, and efficiency. Residents of Tierra Shores enjoy a gated lake community setting with amenities that include a private lake with scenic water views, catch and release fishing, provisional paddle boating, clubhouse with multipurpose rooms for community gatherings, pool and spa, barbecue cabana area, dog parks, parks and playground (tot lot), RV parking, and sport court, offering a lifestyle centered on recreation, relaxation, and neighborhood connection.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Menifee · Single Family Residence
Listed 7.3% below the median closed sale of $663,600. Price per sqft ($221) is a 13% discount to closed comps ($253). Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 29061 La Ladera | Menifee | 2003 | 5 | 3 | 3,142 | 7,405 | $222 | $699,000 | 174 | 73 |
| 29618 Bluelake Lane | Menifee | 2026 | 4 | 3 | 2,874 | 6,434 | $257 | $739,990 | 161 | 71 |
| 29325 Sparkling Drive | Menifee | 2001 | 3 | 3 | 2,457 | 6,098 | $265 | $649,900 | 144 | 71 |
| 29318 Morro | Menifee | 2021 | 3 | 3 | 2,604 | 5,580 | $237 | $615,999 | 170 | 70 |
| 29082 La Ladera Road | Menifee | 2003 | 5 | 3 | 3,142 | 6,970 | $212 | $665,000 | 185 | 70 |
| Total: 5 · Average | 4.0 | 3.0 | 2,843.8 | 6,497.4 | $238.6 | $673,977.8 | 166.8 | |||
| Median | 2,874 | $665,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30924 Green Branch Street | Menifee | 2003 | 09/30/2026 | 4 | 3 | 3,090 | 7,405 | $729,999 | $720,000 | $233 | 0.99 | 69 | 77 |
| 29875 Proud Land Drive | Menifee | 2021 | 10/05/2026 | 4 | 3 | 2,461 | 6,534 | $659,000 | $663,600 | $270 | 1.01 | 61 | 76 |
| 28817 Golden Dawn | Menifee | 2006 | 10/07/2026 | 4 | 3 | 2,834 | 10,019 | $744,900 | $745,000 | $263 | 1.00 | 33 | 74 |
| 32469 Peters Street | Menifee | 2023 | 09/30/2026 | 4 | 3 | 2,615 | 6,098 | $579,900 | $624,000 | $239 | 1.08 | 158 | 73 |
| 30865 Oak Knoll Drive | Menifee | 2012 | 10/08/2026 | 4 | 3 | 2,222 | 6,098 | $579,900 | $579,900 | $261 | 1.00 | 58 | 73 |
| Total: 5 · Average | 4.0 | 3.0 | 2,644.4 | 7,230.8 | $666,500 | $666,500 | $253.2 | — | 75.8 | ||||
| Median | 2,615 | $663,600 | $663,600 | ||||||||||
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.