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24271 Locust, Menifee, CA 92584

$349K2bd · 1ba · 810 sqft
Lot 17,860 sqft•Single Family Residence•
Active
•11d on market•MLS# PW-26213869

Property Description

Set on a 17,860 sq ft corner lot in a quiet rural pocket of Menifee, 24271 Locust St. is a single-story 2-bedroom, 1-bath home with room to spread out. The expansive yard is where this property's real potential lies. It's shaded by mature trees and fully fenced with gated entry, and it offers the kind of open space that's hard to find in the area. That makes it easy to picture RV or boat parking, a workshop, gardens, or simply a peaceful place to unwind away from the busier parts of town.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
See Remarks
View
See Remarks
City
Menifee
Zip Code
92584
County
Riverside
Listed byUnknown Office, Eduardo Vargas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,764.73
Principal & Interest
Loan Amount
$279,200
Total Interest
$356,104
Total Payment Over 30 Years
$635,304
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

Affordable Tier · 5 active · 5 closed

24271 Locust, Menifee, CA 92584

Menifee · Single Family Residence

$349K
Affordable Tier
Beds
2
Baths
1
Sqft
810
Lot
17,860 sqft
Year
1964
$/Sqft
$431
Pool: No✓
Spa: No✓
View: See Remarks✓

Listed 7.4% above the median closed sale of $325,000. Price per sqft ($431) is a 20% premium to closed comps ($358). Closed comps sold at 102% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $349K· $431/sqft
Total list price
Closed comps
vs closed median $325K
+$24K (+7.4%)
Active comps
vs active median $355K
−$6K (−1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $441
−$10 (−2.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
32811 CoxMenifee19682180059,677$661$529,0001291
28740 Williams DriveMenifee1961218844,792$402$355,0008890
23831 ClaraMenifee19502191114,810$472$430,0004389
28990 PrestwickMenifee1964219926,534$330$327,000586
29010 Del Monte DriveMenifee1964219927,840$338$335,0004786
Total: 5 · Average2.01.0915.818,730.6$440.6$395,20039
Median911$355,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27076 El RanchoMenifee196409/10/2026219457,841$314,900$315,000$3331.005388
23581 LakeMenifee196108/31/2026318845,227$379,999$385,000$4361.013387
26655 Saint AndrewsMenifee196309/15/2026219926,534$310,000$300,000$3020.974785
28640 Del MonteMenifee196309/10/2026219926,534$299,900$325,000$3281.084085
23800 LucasMenifee195909/11/2026211,0084,792$389,000$395,000$3921.017185
Total: 5 · Average2.21.0964.26,185.6$344,000$344,000$358.2—48.8
Median992$325,000$325,000

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.