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30550 Stern Drive, Menifee, CA 92584

$1.0M4bd · 2ba · 1,944 sqft
Lot 27,878 sqft•Single Family Residence•
Active
•634d on market•MLS# PW-25026503

Property Description

RARE OPPORTUNITY to own a .64 Acre corner lot in Menifee’s Designated Community Core and Economic Development Corridor. This property has development potential & Mixed Use potential with highly desirable frontage (236 Ft) on La Piedra Road, an extensively traveled West - East Thoroughfare that runs parallel with Newport Rd to the south of it. The traffic volume creates optimal conditions for High Visibility! This parcel has approved access on both Stern and La Piedra in addition to all utilities accessible (City Water, Electricity, Internet, Phone) on site and immediately adjacent to it is Sewer & Natural Gas in La Piedra Rd. Menifee’s Town Center is walking distance as well as several schools, shopping centers, parks and restaurants. The Menifee Justice center is within a few blocks of this property along with the future City Hall, Police Department, Central Park and existing Fairfield Inn. & Suites. This property would be an Ideal location for any business venture you can envision. Some examples with city approval might include: Court Services, Mediators, Law Firm, Paralegals, Commercial, Retail space with loft apartments above, Small individual businesses, strip center, industrial space or even an Assisted living facility. The possibilities are endless and only bound by your imagination and development parameters. BONUS! There is an existing 1,944 Sqft. 4 Bedroom + Den, 2 bath Manufactured Home on a 433A permanent Foundation built in 2002 with an oversized 2 car (20x24) attached garage! Remodeled in 2013, air conditioner and ducting new in 2020, upgraded pier and earthquake strapping system beneath home, fully privacy fenced backyard, recently painted exterior, automatic irrigation system in front, front landscaping, and front horse rail fencing. Don’t miss your chance to own such a unique property with so many options! Purchase to live in and run your home business, develop the property into your commercial/industrial/retail/residential vision or hold for investment! Great rental history! Buyer to verify all information. Do not disturb tenants! Surrounding properties 30525 Old Windmill rd, 30581 Old Windmill rd, 30620 Old Windmill rd, 30640 Old Windmill rd & 30645 Old Windmill rd are listed for sale as well.

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills
City
Menifee
Zip Code
92584
County
Riverside
Listed byKeller Williams Legacy, Cyrus Peinado

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,056.54
Principal & Interest
Loan Amount
$800,000
Total Interest
$1,020,356
Total Payment Over 30 Years
$1,820,356
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

30550 Stern Drive, Menifee, CA 92584

Menifee · Single Family Residence

$1.0M
Residential Tier
Beds
4
Baths
2
Sqft
1,944
Lot
27,878 sqft
Year
2002
$/Sqft
$514
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 2-car✓

Listed 5.3% above the median closed sale of $950,000. Price per sqft ($514) is a 59% premium to closed comps ($323).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.00M· $514/sqft
Total list price
Closed comps
vs closed median $950K
+$50K (+5.3%)
Active comps
vs active median $950K
+$50K (+5.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $484
+$30 (+6.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30750 Old Windmill RoadMenifee1984321,44044,867$694$1.00M48769
30645 Old Windmill RoadMenifee1984321,24849,658$681$850,00068964
32700 CoxMenifee2019422,339130,680$406$950,00015660
30264 Puerto VallartaMenifee1990443,33744,867$330$1.10M1759
30130 Stargazer WayMenifee2021442,8817,840$309$889,9507548
Total: 5 · Average3.62.82,24955,582.4$484$957,970284.8
Median2,339$950,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26665 GarbaniMenifee198907/28/2026321,808100,188$998,500$998,000$5521.009561
30511 Buckboard LaneMenifee201305/29/2026533,8248,276$950,000$950,000$2481.006546
28436 Ivory CourtMenifee202509/29/2026643,05215,246$874,999$880,000$2881.015845
30709 Cherry BirchMenifee202306/22/2026654,1348,207$949,999$930,000$2250.982444
30381 Canyon Point CircleMenifee201904/14/2026553,64317,424$1.10M$1.10M$3021.008941
Total: 5 · Average5.03.83,292.229,868.2$971,600$971,600$323—66.2
Median3,643$950,000$950,000

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.