29568 Monarch Road, Menifee, CA 92586
29568 Monarch Road, Menifee, CA 92586
Property Description
Brand new construction in the heart of Menifee within walking distance to the Menifee Town Center. Welcome to Riverwalk Village at Town Center, a collection of 198 single family detached condominium homes. This Novato plan is highly appointed with White Cabinetry, quartz kitchen countertops in "Miami Oro" w/full tile backsplash, professional vent hood over an induction cooktop, a combination of wood laminate flooring & carpet, tile in all bathrooms and a covered patio. Resident will enjoy this gated community which includes a Clubhouse w/fitness center, pool and heated spa. This home will be move in ready in March, 2025.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 4 active · 5 closed
Menifee · Condominium
Listed 5.1% above the median closed sale of $548,990. Price per sqft ($323) is a 11% discount to closed comps ($363). Closed comps sold at 103% of list — strong seller's market. Expect a longer timeline — comps averaged 283 days on market.
Price Position
Positioned above the market — commands a premium.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 29533 Monarch Road | Menifee | 2025 | 4 | 3 | 1,650 | 1,733 | $349 | $575,490 | 154 | 95 |
| 26914 Rubicon Road | Menifee | 2025 | 3 | 3 | 1,499 | 2,252 | $371 | $555,990 | 144 | 91 |
| 29515 Vernal Road | Menifee | 2025 | 3 | 3 | 1,499 | 1,637 | $380 | $568,990 | 146 | 91 |
| 29545 Monarch Road | Menifee | 2025 | 4 | 3 | 1,650 | 1,775 | $347 | $572,990 | 525 | 90 |
| Total: 4 · Average | 3.5 | 3.0 | 1,574.5 | 1,849.25 | $361.75 | $568,365 | 242.25 | |||
| Median | 1,650 | $572,990 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 29557 Monarch Road | Menifee | 2025 | 09/23/2026 | 3 | 3 | 1,499 | 1,637 | $542,990 | $555,778 | $371 | 1.02 | 540 | 92 |
| 29580 Monarch Road | Menifee | 2025 | 11/10/2025 | 4 | 3 | 1,650 | 1,740 | $553,990 | $548,990 | $333 | 0.99 | 292 | 92 |
| 29540 Monarch Road | Menifee | 2025 | 07/30/2026 | 3 | 3 | 1,391 | 1,612 | $499,990 | $543,849 | $391 | 1.09 | 463 | 90 |
| 30444 Hopetown Ln | Menifee | 2020 | 06/26/2026 | 3 | 3 | 1,467 | 1,467 | $499,900 | $515,000 | $351 | 1.03 | 65 | 78 |
| 26909 Rubicon Road | Menifee | 2025 | 09/23/2026 | 3 | 3 | 1,499 | 1,984 | $550,990 | $550,990 | $368 | 1.00 | 56 | 73 |
| Total: 5 · Average | 3.2 | 3.0 | 1,501.2 | 1,688 | $542,921.4 | $542,921.4 | $362.8 | — | 283.2 | ||||
| Median | 1,499 | $548,990 | $548,990 | ||||||||||
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.