27215 Lost Palm

Menifee, CA 92585

$649,900

4 beds
4 baths
3,091 sq ft
0.14 acres
Built 2023

Listed by Metropolitan Realty, Inc · MLS #OC26194568

27215 Lost Palm, Menifee, CA 92585 — photo 1

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PROPERTY QUESTIONS & SHOWINGS

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27215 Lost Palm, Menifee, CA 92585 · MLS #OC26194568

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Spacious 4-Bedroom Home with Attached Next-Gen Casita Welcome to this beautifully designed and versatile home offering 4 bedrooms and 3.5 bathrooms, including a private attached Next-Gen casita!

Living spaces

Main Home The main house features 3 bedrooms, 2.5 bathrooms, and a spacious loft that can easily be used as an additional bedroom, home office, study, or second living area.

Year built

Built in 2023.

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

THE PROPERTY

Get to know the property.

Spacious 4-Bedroom Home with Attached Next-Gen Casita

Welcome to this beautifully designed and versatile home offering 4 bedrooms and 3.5 bathrooms, including a private attached Next-Gen casita! This property is perfect for families, multigenerational living, guests, traveling professionals, or corporate tenants looking for comfort, privacy, and plenty of space.

Main Home

The main house features 3 bedrooms, 2.5 bathrooms, and a spacious loft that can easily be used as an additional bedroom, home office, study, or second living area.

Enjoy the convenience of a 3-car garage and a large, fully cemented backyard, perfect for outdoor entertaining, additional parking, or simply enjoying plenty of open space.

Private Next-Gen Casita

The attached casita provides a separate and private living space while remaining connected to the main home. It features:

• 1 spacious bedroom

• 1 full bathroom

• Private living room

• Partial kitchen

• Private exterior entrance

• Interior access to the main house

The casita is an excellent option for extended family.

Property Highlights

• 4 bedrooms total

• 3.5 bathrooms total

• 3 bedrooms + spacious loft in the main house

• Attached 1-bedroom Next-Gen casita

• Private casita entrance

• Interior access between the casita and main house

• 3-car garage

• Large, fully cemented backyard

• Spacious and flexible floor plan.

•

A Home That Offers It All

Whether you're looking for a comfortable family home, multigenerational living arrangement, or a property that offers a separate space for guests . this home provides the flexibility, privacy, and space you need.

Don't miss this exceptional rental opportunity—schedule your showing today!

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THE NEIGHBORHOOD

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27215 Lost Palm, Menifee, CA 92585

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months

Months of supply4.112-month average

Days on market5312-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2023
Full baths: 3
Half baths: 1
Garage spaces: 3
Cooling: CentralAir
Heating: Central
Appliances: Dishwasher,Disposal,GasOven,Microwave,TanklessWaterHeater
Flooring: Carpet,Vinyl
Pool: No
Pool features: None
Spa: No
Parcel: 461770006
HOA: mountain edge
HOA amenities: SportCourt,Playground,Trails
HOA fee frequency: Monthly
HOA fee: $108.00

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$2,707.92

Cap rate—

Annual operating income: —

HOA: Includes $108.00 per month in HOA dues, converted from the $108.00 monthly fee reported by the listing source.

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

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Listing information

MLS #OC26194568 · California Regional MLS

Listing brokerage: Metropolitan Realty, Inc
Listing agent: Louis Atoui

Listing status: Active. Record updated September 10, 2026. 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.