$635,000
↓ $15K (2.3%)
●
House -
For Sale
31285 Palomar Road
Menifee, CA 92584
3 Beds
2 Baths
2,376 Ft²
$3,118
Est. Monthly
About This Property
No HOA | Single-Story Living! 5.375% INTEREST RATE
AVAILABLE!!!!
Welcome to 31285 Palomar Road in Menifee, where single-story convenience meets everyday comfort in a community with no HOA restrictions. Situated on a 0.17-acre lot minutes away from Mt. San Jacinto College, Bell Mountain Middle School, and neighborhood parks, this 3-bedroom, 2-bathroom home offers 2,376 square feet of functional living space built in 2004.
From the moment you step inside, you are greeted by an open and connected floor plan that flows seamlessly from the spacious kitchen into the dining area and family room, making it ideal for entertaining and everyday living alike. A cozy fireplace anchors the family room, creating a warm and welcoming gathering space.
The kitchen offers a walk-in pantry and a generous island/breakfast bar, keeping you connected to the main living areas whether you are cooking a weekday dinner or hosting family and friends.The primary suite serves as a peaceful retreat with its own private bathroom. The two additional bedrooms provide flexibility for family, guests, or a home office, giving you the freedom to shape the space around your lifestyle.
Step outside to a well-sized lot with room to personalize and make your own. With no HOA, you have the freedom to add a pool, garden, or simply enjoy the outdoor space however you like.
This is a great opportunity to own a comfortable, move-in ready single-story home in one of Menifee's most convenient and accessible neighborhoods.
Welcome to 31285 Palomar Road in Menifee, where single-story convenience meets everyday comfort in a community with no HOA restrictions. Situated on a 0.17-acre lot minutes away from Mt. San Jacinto College, Bell Mountain Middle School, and neighborhood parks, this 3-bedroom, 2-bathroom home offers 2,376 square feet of functional living space built in 2004.
From the moment you step inside, you are greeted by an open and connected floor plan that flows seamlessly from the spacious kitchen into the dining area and family room, making it ideal for entertaining and everyday living alike. A cozy fireplace anchors the family room, creating a warm and welcoming gathering space.
The kitchen offers a walk-in pantry and a generous island/breakfast bar, keeping you connected to the main living areas whether you are cooking a weekday dinner or hosting family and friends.The primary suite serves as a peaceful retreat with its own private bathroom. The two additional bedrooms provide flexibility for family, guests, or a home office, giving you the freedom to shape the space around your lifestyle.
Step outside to a well-sized lot with room to personalize and make your own. With no HOA, you have the freedom to add a pool, garden, or simply enjoy the outdoor space however you like.
This is a great opportunity to own a comfortable, move-in ready single-story home in one of Menifee's most convenient and accessible neighborhoods.
Unit Size
2,376 Ft²
Days on Market
90 days
Land Size
0.17 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 days ago (CRMLS #SW26159286)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Price Decreased |
$635,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Abundance Real Estate | $650,000 | |
| Listed by Abundance Real Estate | |||
| May 14, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | Listed by PROVIDENCE REALTY | $589,900 | |
| Listed by PROVIDENCE REALTY | |||
| | |||
|
Wonderful, single story home is in a fantastic location. Walking distance to Mt San Jacinto College, Middle School and Parks. Spacious kitchen with walk-in pantry, island/breakfast bar is open to the dining area and family room with fireplace. The laundry room offers a folding area, shelving and cabinetry. Master bathroom features vanity with dual sinks, soaking tub and separate shower, large walk-in closet. Den/office features built in shelving and cabinetry. Backyard is large, enjoy your patio! This home is in good condition, with energy efficient windows and newer AC!! Don’t miss out on this single story!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage Faces Front, Garage, DoorMulti
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Pantry, Walk-In Closet(s), AllBedroomsDown, WalkInPantry
Appliances: Built-In Range, Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
Flooring Type: Carpet, Tile
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room, Gas Starter, Living Room
Exterior Details
Square Footage: 2376
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 2004
Levels: One
Window Features: Blinds
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool Features: None
Lot Features: Front Yard
Lot Size Area: 7405
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Tax Lot: 94
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Aidan Valdez, Abundance Real Estate
Last Updated: 11 days ago
Data Source: CRMLS, MLS# SW26159286
Last Updated: 11 days ago
Data Source: CRMLS, MLS# SW26159286
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