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Opportunity knocks in the heart of Menifee! Located on a spacious lot WIHT NO REAR NEIGHBORS - 28788 Milky Way is the perfect chance for a first-time buyer ready to build sweat equity or an investor looking for their next project. With great bones and major system updates already completed, this home is full of potential and waiting for your personal touch.Enjoy peace of mind with a newer HVAC system already in place, giving you a strong head start on future improvements. The functional layout, generous yard space, and solid structure make this an ideal canvas to create the home you’ve always envisioned. Whether you’re dreaming of modern upgrades, a cozy starter home, or a smart investment opportunity, the possibilities here are endless. Conveniently located near shopping, dining, schools, and commuter access, this is your chance to unlock value in one of Menifee’s growing communities. Bring your vision, creativity, and finishing touches - this diamond in the rough is ready to shine!
Listing agent: Melissa Flanders DRE #02019799 MelissaF@ColdwellBankerAB.com, Listing office: Coldwell Banker Assoc Brkr-SC
MLS data updated 10/19/2026, 10:05:41 AM PT
Source: CRMLS, MLS #: SW26110333
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 12, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$439,000Closed sale · Jun 12, 2026ZIP 92586 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.