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28042 CALLE VALLARTA, Menifee, CA 92585

$408K2bd · 2ba · 974 sqft
Lot 8,279 sqft•HOA $74/mo•Single Family Residence•
Active
•91d on market•MLS# CV-26105613

Property Description

TWO PARCEL OPPORTUNITY IN A 55+ COMMUNITY! HOME + ADJACENT VACANT LOT + 2.75% VA ASSUMABLE LOAN. Rare opportunity to purchase a 2-bedroom, 2-bath single-story home together with the adjacent parcel in Menifee's Casablanca community. This unique property includes 2-bedroom, 2-bath home plus an adjacent buildable vacant lot—both sold together. Enjoy an open-concept layout, spacious bedrooms, central A/C and heat, attached garage with laundry hookups, and an enclosed patio for year-round enjoyment. The additional lot offers exceptional flexibility for expanded outdoor living, RV or toy storage (subject to approvals), a workshop, garage, or future possibilities. Qualified VA buyers may be eligible to assume the seller's existing 2.75% VA loan (subject to lender approval and VA eligibility). Conveniently located near shopping, dining, golf, and medical facilities, this is a rare opportunity to enjoy comfortable 55+ living with added land and long-term value. Buyer and buyer's agent to verify all information, including loan assumption requirements, lot use, zoning, permits, HOA rules, and property details.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air
View
Mountain(s)
City
Menifee
Zip Code
92585
County
Riverside
Listed byHOMEQUEST REAL ESTATE, Hasina Surtee

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,063.07
Principal & Interest
Loan Amount
$326,400
Total Interest
$416,305
Total Payment Over 30 Years
$742,705
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

28042 CALLE VALLARTA, Menifee, CA 92585

Menifee · Single Family Residence

$408K
Affordable Tier
Beds
2
Baths
2
Sqft
974
Lot
8,279 sqft
Year
1990
$/Sqft
$419
Pool: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 3.3% above the median closed sale of $395,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $408K· $419/sqft
Total list price
Closed comps
vs closed median $395K
+$13K (+3.3%)
Active comps
vs active median $374K
+$34K (+9.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $398
+$21 (+5.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
29774 Mimosa CourtMenifee1990229743,485$384$374,0007695
27912 Palm VillaMenifee1989229744,356$406$395,000393
28238 Corte RetiroMenifee1987229774,356$368$359,9002390
23495 Casa BonitaMenifee1987321,0117,405$484$489,0001790
26100 GoldenwoodMenifee1986221,0083,920$347$350,00010389
Total: 5 · Average2.22.0988.84,704.4$397.8$393,58044.4
Median977$374,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29620 Calle EdmundoMenifee198809/23/2026321,1008,276$599,900$551,000$5010.927591
28099 Calle CaseraMenifee199010/01/2026221,0653,485$369,900$370,000$3471.009790
29980 MoondanceMenifee198709/25/2026321,0248,712$450,000$465,000$4541.033590
29236 MurrietaMenifee198910/06/2026221,002871$289,000$289,000$2881.004090
28333 Calle LustrososMenifee199009/24/2026221,1163,049$399,000$395,000$3540.997288
Total: 5 · Average2.42.01,061.44,878.6$414,000$414,000$388.8—63.8
Median1,065$395,000$395,000

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.