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28042 CALLE VALLARTA, Menifee, CA 92585

$408K2bd · 2ba · 974 sqft
Lot 8,279 sqft•HOA $74/mo•Single Family Residence•
Active
•110d on market•MLS# CV-26105613

Property Description

TWO PARCEL OPPORTUNITY IN A 55+ COMMUNITY! HOME + ADJACENT VACANT LOT + 2.75% VA ASSUMABLE LOAN. Rare opportunity to purchase a 2-bedroom, 2-bath single-story home together with the adjacent parcel in Menifee's Casablanca community. This unique property includes 2-bedroom, 2-bath home plus an adjacent buildable vacant lot—both sold together. Enjoy an open-concept layout, spacious bedrooms, central A/C and heat, attached garage with laundry hookups, and an enclosed patio for year-round enjoyment. The additional lot offers exceptional flexibility for expanded outdoor living, RV or toy storage (subject to approvals), a workshop, garage, or future possibilities. Qualified VA buyers may be eligible to assume the seller's existing 2.75% VA loan (subject to lender approval and VA eligibility). Conveniently located near shopping, dining, golf, and medical facilities, this is a rare opportunity to enjoy comfortable 55+ living with added land and long-term value. Buyer and buyer's agent to verify all information, including loan assumption requirements, lot use, zoning, permits, HOA rules, and property details.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air
View
Mountain(s)
City
Menifee
Zip Code
92585
County
Riverside
Listed byHOMEQUEST REAL ESTATE, Hasina Surtee

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,063.07
Principal & Interest
Loan Amount
$326,400
Total Interest
$416,305
Total Payment Over 30 Years
$742,705
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 · 5 active · 5 closed

28042 CALLE VALLARTA, Menifee, CA 92585

Menifee · Single Family Residence

$408K
Affordable Tier
Beds
2
Baths
2
Sqft
974
Lot
8,279 sqft
Year
1990
$/Sqft
$419
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 8.8% above the median closed sale of $375,000. Price per sqft ($419) is a 11% premium to closed comps ($379). Closed comps sold at 101% of list — strong seller's market. Expect a longer timeline — comps averaged 129 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $408K· $419/sqft
Total list price
Closed comps
vs closed median $375K
+$33K (+8.8%)
Active comps
vs active median $385K
+$23K (+6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $341
+$78 (+22.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28136 Calle VallartaMenifee1990221,1014,356$354$389,990892
28250 Bavaria DriveMenifee1990221,1163,485$355$395,9901392
28308 Via CascaditaRomoland1992221,1013,485$350$384,9005189
28300 Calle GaviotaMenifee1989221,0776,534$339$365,0008989
28345 Via BanditaMenifee1993221,2213,484$307$375,0004086
Total: 5 · Average2.02.01,123.24,268.8$341$382,17640.2
Median1,101$384,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28099 Calle CaseraMenifee199010/01/2026221,0653,485$369,900$370,000$3471.009891
27542 Calle GanadoMenifee199010/19/2026221,1114,792$410,000$411,000$3701.0019891
28132 Calle CaseraRomoland199010/29/2026221,1013,920$369,000$374,000$3401.013591
27958 Cactus FlowerMenifee198907/13/2026229274,356$439,000$449,000$4841.0210190
27497 Camino VacunaMenifee199010/27/2026221,0653,485$375,000$375,000$3521.0021490
Total: 5 · Average2.02.01,053.84,007.6$395,800$395,800$378.6—129.2
Median1,065$375,000$375,000

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.