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29245 Paradise Canyon Drive, Menifee, CA 92584

$520K2bd · 3ba · 2,085 sqft
Lot 5,663 sqft•HOA $330/mo•Single Family Residence•
Active
•366d on market•MLS# IV-25236127

Property Description

Located in the Oasis 55+ guard gated resort style community, this residence blends comfort, elegance, and lifestyle. Boasting 2,085 sq ft of living space on a 5,663 sq ft lot, this home offers 2 bedrooms, 2.5 baths, and an attached 2-car garage. Step inside to discover a spacious, light-filled layout with vaulted ceilings and an open concept living/dining area. A cozy fireplace adds warmth and charm to the great room. The kitchen is ideal for entertaining, with ample cabinetry and counter space (with the potential for modern upgrades). The primary suite features a suite bath and generous closet space, while the second bedroom and bath provide comfortable accommodation for guests. Third room was used as an office and can be used as a bedroom. Outside, the yard invites you to relax beneath a covered patio, with room for outdoor living and enjoying the sunshine in privacy. The location in the Oasis community affords access to numerous amenities: clubhouse, pool and spa. It is conveniently located near shopping, dining, medical services, and freeway access. Don’t miss this opportunity in the heart of Menifee’s sought-after 55+ community.

Features & Amenities

FeeBuilt 2001

Property Details

Land Type
Fee
Year Built
2001
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Menifee
Zip Code
92584
County
Riverside
Listed byEDWARD ALLAN REAL ESTATE, MICHAEL STOWELL JR

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,628.90
Principal & Interest
Loan Amount
$415,920
Total Interest
$530,483
Total Payment Over 30 Years
$946,403
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

29245 Paradise Canyon Drive, Menifee, CA 92584

Menifee · Single Family Residence

$520K
Residential Tier
Beds
2
Baths
3
Sqft
2,085
Lot
5,663 sqft
Year
2001
$/Sqft
$249
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 14.8% below the median closed sale of $610,000. Price per sqft ($249) is a 18% discount to closed comps ($303).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $520K· $249/sqft
Total list price
Closed comps
vs closed median $610K
−$90K (−14.8%)
Active comps
vs active median $616K
−$96K (−15.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $280
−$31 (−10.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28016 Panorama HillsMenifee2003221,7346,534$311$540,00019482
29318 MorroMenifee2021332,6045,580$237$615,99917078
30839 Daisy LaneMenifee2026322,0807,580$298$619,99016077
29325 Sparkling DriveMenifee2001332,4576,098$265$649,90014475
25214 Banded Hills DriveMenifee2026222,0566,104$287$589,99014375
Total: 5 · Average2.62.42,186.26,379.2$279.6$603,175.8162.2
Median2,080$615,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28712 Lantern Park LaneMenifee200310/07/2026432,1876,970$620,000$610,000$2790.984083
26611 MountaingateMenifee201810/07/2026321,8957,405$569,900$574,000$3031.013379
29189 Overboard DriveMenifee200510/05/2026331,8856,534$550,000$550,000$2921.005278
25431 Hitch Rail LaneMenifee201610/01/2026421,8606,970$625,000$630,000$3391.015577
29333 Hidden Lake DriveMenifee200010/01/2026332,0857,841$649,000$625,000$3000.966977
Total: 5 · Average3.42.61,982.47,144$597,800$597,800$302.6—49.8
Median1,895$610,000$610,000

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.