Why Live in Menifee Lakes
Menifee Lakes is a neighborhood characterized by tree-lined streets and a variety of home styles, including ranch, Craftsman, and Spanish. Homes from the 1990s feature brick or stucco exteriors, three-car garages, and range from 2,000 to 3,000 square feet. Newer homes, built after 2007, offer larger layouts of 3,000 to 3,500 square feet. The Rockport Ranch subdivision is adding modern farmhouses to the area. Homeowners' association fees, ranging from $66 to $100 monthly, cover access to a community clubhouse with amenities like a fitness center, reading room, pools, and patios. The neighborhood features three lakes for kayaking and fishing, along with parks such as Autumn Breeze Park and Hidden Meadows Park, which offer green spaces, playsets, and volleyball courts. Lago Vista Sports Park includes soccer and baseball fields. Menifee Town Center, near Interstate 215, has stores like Ralphs and Ross Dress For Less, while Newport Road corridor offers dining options such as Yellow Basket of Menifee and Tokyo House Ramen & Sushi. Menifee Lakes Plaza includes Barons Market and eateries like Cafe Rio Fresh Modern Mexican. The area is car-dependent, with Interstate 215 providing access to Temecula, 15 miles south, and Ontario, 40 miles north. Menifee Global Medical Center is 4 miles away, and Ontario International Airport is 42 miles north. Local schools include the highly rated Callie Kirkpatrick Elementary, Bell Mountain Middle, and Paloma Valley High.
Home Trends in Menifee Lakes, CA
On average, homes in Menifee Lakes, Menifee sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Menifee Lakes, Menifee over the last 12 months is $377,000, down 18% from the median home sale price over the previous 12 months.
Median Sale Price
$377,000
Median Single Family Sale Price
$386,500
Median Townhouse Sale Price
$375,000
Median 2 Bedroom Sale Price
$349,900
Median 1 Bedroom Sale Price
$525,000
Average Price Per Sq Ft
$353
Number of Homes for Sale
28
Last 12 months Home Sales
263
Median List Price
$419,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-18%