ActiveResidential · sale

29115 Parkhill Court

Menifee, CA 92584

$585,000

  • 2 beds
  • 2 baths
  • 2,121 sq ft
  • 0.18 acres
  • Built 2004

Listed by Coldwell Banker Assoc Brkr-SC · MLS #SW26180085

A FEW THINGS TO NOTICE

What stands out.

Living spaces

This 2 bedroom, 2 bath home is 2121 square feet with a very open floorplan boasting a large family room, dining area and kitchen with access to the private backyard.

Details worth a look

The large primary suite is at the back of the home with a sliding glass door opening to the back patio.

Year built

Built in 2004.

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

THE PROPERTY

Get to know the property.

This beautiful property is located in the much sought after 55+ Active Community of The Oasis, which is guard gated and I.D. is required for all visitors. The manicured landscaping throughout The Oasis is perfectly maintained by The Oasis HOA and the property at 29115 Parkhill Ct is on a quiet cul-de-sac with close access to The Clubhouse which is the hub for The Oasis lifestyle. The entryway to the home is gated with a flagstone walkway leading to a private front porch with a double door entry. This 2 bedroom, 2 bath home is 2121 square feet with a very open floorplan boasting a large family room, dining area and kitchen with access to the private backyard. The large primary suite is at the back of the home with a sliding glass door opening to the back patio. The second bedroom, office and bath are in the front of the house allowing privacy for each bedroom area. The office has French doors leading out to the front porch. A separate laundry room with built-in cabinets and a sink is situated between the kitchen and the garage where there is also an adjacent private workspace with a desk. There are plantation shutters throughout the home, and the kitchen has quartz countertops with a beautiful tile backsplash. When you enter the backyard, you find a relaxing patio with vine covered trellises and a peaceful waterfall, with no neighbors behind, which makes it your own private “oasis”. This home is "move-in" condition and please read the Supplements for the many upgrades done by the seller. Front yard maintenance which includes landscape water and trash service is paid by the HOA. The 22,500 square foot clubhouse offers residents activities, clubs, events and so much more. The city of Menifee offers a comfortable lifestyle with restaurants, shopping, medical facilities, a 36-hole golf course and more, all within minutes of The Oasis. A short 30-minute drive south is the famous Temecula Valley Wine Country and Old Town Temecula. Just over an hour’s drive and you can be in Palm Springs, Big Bear ski resorts, coastal beaches in Orange County and San Diego County and Disneyland.

THE NEIGHBORHOOD

Explore the location.

29115 Parkhill Court, Menifee, CA 92584

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2004
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central,ForcedAir,Solar
Appliances
DoubleOven,Dishwasher,ElectricOven,GasCooktop,Disposal,IceMaker,Microwave,Refrigerator,SelfCleaningOven,WaterToRefrigerator,WaterHeater,Dryer,Washer
Flooring
Laminate,Stone,Wood
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected
Fencing
Vinyl,Wood,WroughtIron
Accessibility
NoStairs,Parking
Pool
No
Pool features
Community,Heated,InGround,Association
Spa
Yes
Parcel
340260035
HOA
Oasis Community Association
HOA amenities
BilliardRoom,Clubhouse,FitnessCenter,GameRoom,MeetingRoom,Management,MeetingBanquetPartyRoom,MaintenanceFrontYard,OutdoorCookingArea,Barbecue,PicnicArea,Pickleball,Pool,PetsAllowed,RecreationRoom,Guard,SpaHotTub,Security,TennisCourts,Trash
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$2,437.50
Cap rate

Annual operating income:

Have ERA review this rental estimate

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 & interestLoan 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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29115 Parkhill Court, Menifee, CA 92584 · MLS #SW26180085

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Listing information

MLS #SW26180085 · California Regional MLS

Listing brokerage: Coldwell Banker Assoc Brkr-SC
Listing agent: Sheena Crayton

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.