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30550 Stern Dr, Menifee, CA 92584

List Price: $1,000,000On Market FlagOn market
Feb 6, 20251,944 sqft4 beds2 baths
Listed by: Cyrus Peinado
License #: 02139231
Phone #: 925-550-1940
Keller Williams Legacy
Source:
CRMLS Logo
MLS #: PW25026503

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,484

TurboHome Estimated Value

$982,800

$506 sqft

High Valuation
$1,031,940
$531/sqft
Normal Valuation
$982,800
$506/sqft
Low Valuation
$933,660
$480/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$506/sqft$982,800

Neighborhood

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Comparative Value

$591K

$638K

$695K

$1.00M

27314 Graphite Dr, Menifee, CA 92584

Sale Price: $591,300

Selected Comparable

30684 Adobe Ridge Ct, Menifee, CA 92584

Sale Price: $608,000

Selected Comparable

27311 Boyd Dr, Menifee, CA 92584

Sale Price: $638,000

Selected Comparable

30659 Lajoe St, Menifee, CA 92584

Sale Price: $653,000

Selected Comparable

30259 Ramsay Dr, Menifee, CA 92584

Sale Price: $695,000

Selected Comparable

30550 Stern Dr, Menifee, CA 92584

List Price: $1,000,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
30550 Stern Dr, Menifee, CA 92584

30550 Stern Dr, Menifee, CA 92584

List: $1,000,000

Listed: 2/6/2025

Area:1,944 sqft
Price/sqft:$514
Beds:4
Baths:2
Year Built:
Lot Size:27,878

Comparable Properties

COMPARABLE
Choose comps
27314 Graphite Dr, Menifee, CA 92584

27314 Graphite Dr, Menifee, CA 92584

Sale: $591,300

11/20/20240.27 mi

Area:1,804 sqft
Price/sqft:$328
Beds:4
Baths:2
Year Built:
Weight:21.0%
30684 Adobe Ridge Ct, Menifee, CA 92584

30684 Adobe Ridge Ct, Menifee, CA 92584

Sale: $608,000

10/8/20240.40 mi

Area:2,036 sqft
Price/sqft:$299
Beds:4
Baths:2
Year Built:
Weight:20.9%
30259 Ramsay Dr, Menifee, CA 92584

30259 Ramsay Dr, Menifee, CA 92584

Sale: $695,000

4/1/20250.31 mi

Area:2,066 sqft
Price/sqft:$336
Beds:4
Baths:3
Year Built:
Weight:19.4%
27311 Boyd Dr, Menifee, CA 92584

27311 Boyd Dr, Menifee, CA 92584

Sale: $638,000

5/13/20250.34 mi

Area:2,066 sqft
Price/sqft:$309
Beds:4
Baths:3
Year Built:
Weight:19.4%
30659 Lajoe St, Menifee, CA 92584

30659 Lajoe St, Menifee, CA 92584

Sale: $653,000

8/20/20250.29 mi

Area:2,588 sqft
Price/sqft:$252
Beds:4
Baths:2
Year Built:
Weight:19.3%

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