ActiveResidential · sale

29190 Ridgestone

Menifee, CA 92584

$550,000

  • 3 beds
  • 2 baths
  • 2,316 sq ft
  • 0.16 acres
  • Built 2002

Listed by Century 21 Masters · MLS #SW26101854

29190 Ridgestone, Menifee, CA 92584 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2002.

Garage parking

2 garage spaces listed.

Property size

0.16 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to The Oasis a premier 24hour guardgated 55 resortstyle community offering luxury living exceptional amenities and an active lifestyle This gorgeous turnkey home features a highly desirable dualwing floor plan As you enter the home youll find a private guest bedroom and bathroom situated at the front of the home complete with its own minisplit system for added climate control and comfort The middle bedroom functions perfectly as an office or den with the option to convert into a third bedroom Privately located at the rear of the home the spacious primary suite features a slider to the backyard patio along with a large ensuite bathroom offering dual vanities soaking tub separate shower and generous closet space Designed for entertaining this home showcases a full builtin granite bar with service sink and seating opening directly to the expansive great room complete with a cozy fireplace with surround sound extending to main rooms and outdoor patio The chefs kitchen offers granite countertops and island double ovens breakfast bar walkin pantry pullout drawers and lots of cabinetry Natural light pours throughout the home while excellent insulation helps maintain comfort during warm summer months The home features tile flooring throughout main living areas hardwood flooring in the primary suite and office plantation shutters ceiling fans arched doorways and high ceilings The oversized laundry room offers extensive storage and utility sink while the garage includes builtin cabinets workspace and additional storage Step outside to your private lowmaintenance backyard retreat featuring a covered California Room built in BBQ custom stamped concrete with nectarine lemon and apricot trees plus plenty of space to relax or entertain outdoors Residents of The Oasis enjoy incredible amenities including a clubhouse resortstyle pool and spa pickleball tennis social clubs and much more Conveniently located near shopping dining medical facilities and freeway access with low taxes and no MelloRoos HOA includes front yard maintenance and trash service
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THE NEIGHBORHOOD

Explore the location.

29190 Ridgestone, Menifee, CA 92584

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2002
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
BuiltInRange,Barbecue,ConvectionOven,DoubleOven,Dishwasher,EnergyStarQualifiedWaterHeater,GasCooktop,GasOven,Microwave,Refrigerator,RangeHood,VentedExhaustFan,WaterToRefrigerator,WaterHeater,WaterPurifier
Flooring
Carpet,Tile,Wood
Utilities
CableAvailable,ElectricityAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerAvailable,SewerConnected,WaterAvailable,WaterConnected
Accessibility
GrabBars,LowPileCarpet,NoStairs,AccessibleDoors,AccessibleHallways
Pool
No
Pool features
InGround,Association
Spa
Yes
Parcel
340220035
HOA
oasis
HOA amenities
Clubhouse,ControlledAccess,GolfCourse,Pool,PetRestrictions,PetsAllowed,Guard,Security
HOA fee frequency
Monthly
HOA fee
$330.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,291.67
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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29190 Ridgestone, Menifee, CA 92584 · MLS #SW26101854

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Listing information

MLS #SW26101854 · California Regional MLS

Listing brokerage: Century 21 Masters
Listing agent: Melissa Grasso

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.