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24271 Locust, Menifee, CA 92584

$349K2bd · 1ba · 810 sqft
Lot 17,860 sqft•Single Family Residence•
Active
•30d on market•MLS# PW-26213869

Property Description

Set on a 17,860 sq ft corner lot in a quiet rural pocket of Menifee, 24271 Locust St. is a single-story 2-bedroom, 1-bath home with room to spread out. The expansive yard is where this property's real potential lies. It's shaded by mature trees and fully fenced with gated entry, and it offers the kind of open space that's hard to find in the area. That makes it easy to picture RV or boat parking, a workshop, gardens, or simply a peaceful place to unwind away from the busier parts of town.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
See Remarks
View
See Remarks
City
Menifee
Zip Code
92584
County
Riverside
Listed bySeven Gables Real Estate, Eduardo Vargas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,764.73
Principal & Interest
Loan Amount
$279,200
Total Interest
$356,104
Total Payment Over 30 Years
$635,304
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 · 0 active · 4 closed

24271 Locust, Menifee, CA 92584

Menifee · Single Family Residence

$349K
Affordable Tier
Beds
2
Baths
1
Sqft
810
Lot
17,860 sqft
Year
1964
$/Sqft
$431
Pool: No✓
Spa: No✓
View: See Remarks✓

Listed 12.2% below the median closed sale of $397,500. Price per sqft ($431) is a 67% premium to closed comps ($258).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $349K· $431/sqft
Total list price
Closed comps
vs closed median $400K
−$51K (−12.8%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
34264 Harrow Hill RoadWildomar198306/05/2025321,2487,405$395,000$395,000$3171.004948
33429 Harvest WayWildomar198601/23/2026321,6327,405$307,000$304,000$1860.9912141
23561 Casa Bonita AvenueMenifee198105/19/2025321,2487,405$415,000$400,000$3210.966440
33985 Harvest WayWildomar198405/26/2026331,9207,841$448,500$400,000$2080.893639
Total: 4 · Average3.02.31,5127,514$374,750$374,750$258—67.5
Median1,632$400,000$400,000

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.