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29656 Olympic Dr, Menifee, CA 92585

$640K4bd · 3ba · 2,684 sqft
Lot 7,405 sqft•HOA $70/mo•Single Family Residence•
Active
•53d on market•MLS# SW-26196673

Property Description

PRICE REDUCTION...SELLER WANTS IT SOLD!! DON’T MISS THIS BEAUTIFUL SINGLE-STORY MENIFEE HOME LOCATED IN THE HIGHLY DESIRABLE HERITAGE LAKE COMMUNITY! Featuring 4 BEDROOMS, 2.5 BATHROOMS, APPROX 2700 SQ/FT OF LIVING SPACE, LARGE LOT, MASSIVE 3-CAR ATTACHED GARAGE, LARGE ABOVE-GROUND SWIM SPA/JACUZZI WITH AN AMAZING VIEWS and LOW HOA! This impressive home combines spacious single-story living with an outstanding community lifestyle. From the moment you arrive, you’ll appreciate the beautifully landscaped front yard, private gated entry and charming courtyard. Step inside to a bright, open and inviting floor plan highlighted by beautiful wood flooring, NEW CARPET, crown moulding and abundant natural light. A convenient half bathroom is perfectly located for guests. The open design creates a seamless connection between the main living areas, making this home ideal for everyday living, family gatherings and entertaining. The spacious GREAT ROOM features a cozy fireplace and flows effortlessly into the kitchen and dining areas. The well-appointed kitchen is sure to impress with a LARGE GRANITE CENTER ISLAND with bar seating, granite countertops, pendant lighting, generous cabinetry, upgraded STAINLESS STEEL APPLIANCE PACKAGE and a WALK-IN PANTRY. The spacious primary suite provides a relaxing private retreat complete with dual sinks, separate walk-in shower, soaking tub and HUGE WALK-IN CLOSET. Three additional generously sized bedrooms provide plenty of flexibility for family, guests, a home office, fitness room or hobbies. The hallway bathroom features dual sinks and a shower/tub combination. Upgrades include a QUIETCOOL WHOLE-HOUSE FAN and TANKLESS WATER HEATER for added comfort and efficiency. Step outside to the LARGE BACKYARD featuring a large above-ground SWIM SPA/JACUZZI where you can unwind, entertain and enjoy the views! The expansive lot provides plenty of room for outdoor dining, entertaining, gardening, pets or creating the backyard oasis you have always dreamed of. The oversized 3-car garage provides abundant space for vehicles, storage, toys or a workshop. Best of all, enjoy the incredible HERITAGE LAKE LIFESTYLE with community pools, parks, playgrounds, walking and biking paths, recreational areas and the beautiful lake—all with a LOW MONTHLY HOA! Enjoy peaceful walks around the lake, afternoons at the pool and everything this sought-after community has to offer. Conveniently located near shopping, restaurants, schools, parks and 215 Freeway..

Features & Amenities

FeeBuilt 2017

Property Details

Land Type
Fee
Year Built
2017
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Mountain(s), Park/Greenbelt
Flooring
Carpet, Tile, Wood
Roof
Tile
City
Menifee
Zip Code
92585
County
Riverside
Listed byTop Tier Realty, Jim Holbrook

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,235.68
Principal & Interest
Loan Amount
$511,920
Total Interest
$652,926
Total Payment Over 30 Years
$1,164,846
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

29656 Olympic Dr, Menifee, CA 92585

Menifee · Single Family Residence

$650K
Residential Tier
Beds
4
Baths
3
Sqft
2,684
Lot
7,405 sqft
Year
2017
$/Sqft
$242
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed in line with the median closed sale of $640,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $650K· $242/sqft
Total list price
Closed comps
vs closed median $640K
+$10K (+1.5%)
Active comps
vs active median $640K
+$10K (+1.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $246
−$4 (−1.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
29292 Caravel DriveMenifee2021332,6045,685$250$649,9004888
29983 PennMenifee2020432,2085,227$289$637,50013085
27215 Lost PalmMenifee2023443,0916,072$207$639,9005884
29318 MorroMenifee2021332,6045,580$237$615,99919184
27541 Arches DriveMenifee2019552,8956,098$248$717,0007976
Total: 5 · Average3.83.62,680.45,732.4$246.2$652,059.8101.2
Median2,604$639,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29584 Olympic DriveMenifee201810/15/2026432,6847,841$645,999$645,999$2411.005896
27119 Lost Palm StreetMenifee202306/30/2026443,0917,566$690,500$710,000$2301.035687
27191 Lost Palm StreetMenifee202309/30/2026422,3326,107$600,000$605,000$2591.018686
27462 GoodhopeMenifee202008/03/2026332,6045,493$624,995$640,000$2461.027686
29424 RiptideMenifee201010/19/2026432,3755,227$615,000$605,000$2550.9813885
Total: 5 · Average3.83.02,617.26,446.8$641,199.8$641,199.8$246.2—82.8
Median2,604$640,000$640,000

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.