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28016 Panorama Hills, Menifee, CA 92584

$540K2bd · 2ba · 1,734 sqft
Lot 6,534 sqft•HOA $330/mo•Single Family Residence•
Active
•216d on market•MLS# IV-26069522

Property Description

Welcome to this beautiful home located in a desirable gated 55+ community! This property features a spacious open floor plan, perfect for comfortable living and entertaining. Enjoy the convenience of a 2-car garage, a cozy fireplace in the living room, and a versatile second living area ideal for a home office or den. Step outside to a yard with mature fruit trees, offering both charm and functionality. Ideally situated near Menifee Lake, and just minutes from shopping, dining, entertainment, and urgent care facilities—everything you need is within easy reach.

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile
City
Menifee
Zip Code
92584
County
Riverside
Listed byCastle Realtors, PC, Maria Camarillo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,730.53
Principal & Interest
Loan Amount
$432,000
Total Interest
$550,992
Total Payment Over 30 Years
$982,992
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

28016 Panorama Hills, Menifee, CA 92584

Menifee · Single Family Residence

$540K
Residential Tier
Beds
2
Baths
2
Sqft
1,734
Lot
6,534 sqft
Year
2003
$/Sqft
$311
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 8.0% above the median closed sale of $500,000. Price per sqft ($311) is a 10% premium to closed comps ($282).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $540K· $311/sqft
Total list price
Closed comps
vs closed median $500K
+$40K (+8.0%)
Active comps
vs active median $525K
+$15K (+2.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $302
+$9 (+2.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
29285 Sand Creek CircleMenifee2004221,69013,504$308$520,0002688
28126 Panorama Hills DriveMenifee2004221,8688,712$289$539,00010887
28263 Long MeadowMenifee2002221,8684,792$281$524,9001286
29167 Midway SummitMenifee2002221,8688,712$294$549,000585
28239 Long Meadow DriveMenifee2002221,5005,227$340$510,0005485
Total: 5 · Average2.02.01,758.88,189.4$302.4$528,58041
Median1,868$524,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28069 Panorama Hills DriveMenifee200407/16/2026222,0915,663$499,880$505,000$2421.017493
29348 Quaking AspenMenifee200309/30/2026221,7346,098$495,000$490,000$2830.9916192
28064 Oakhaven LaneMenifee200410/08/2026221,6906,098$534,500$534,500$3161.004991
29416 Honneywood DriveMenifee200308/24/2026221,6906,969$464,900$465,000$2751.002591
28216 Meadowsweet DriveMenifee200212/16/2025221,6905,227$499,999$500,000$2961.0019490
Total: 5 · Average2.02.01,7796,011$498,900$498,900$282.4—100.6
Median1,690$500,000$500,000

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.