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29524 Monarch Road — Menifee — 4 Beds • 3 Baths • 1,650 Sq Ft | Belmont Brokerage | Belmont Brokerage

29524 Monarch Road, Menifee, CA 92584

List Price: $587K

Listing Status: Active

Original List Price: $591K

Days on Market: 314

4 Bedrooms · 3 Bathrooms · 1,650 sq ft

Property Type: Residential

Year Built: 2025

Lot Size: 2,500 sq ft

Garage Spaces: 2

Private Pool: Yes

HOA Fee: $260/Monthly

MLS Number: IG25122473

About This Property

Newly opened & new construction, Welcome to Riverwalk Village at Town Center, a single family detached condominium community by Richmond American Homes. This GATED neighborhood offers 4 unique floorplans, a Clubhouse, fitness room, pool and spa. This Northrop plan is our corner unit, 4 bedrooms/2.5 baths/2 car garage floorplan. High end finishes in this plan include: White kitchen cabinetry w/ Satin Nickel hardware, undercabinet lighting, full tile backsplash, quartz countertops, GE profile appliances including a professional vent hood and induction cooktop. Wood laminate flooring is located throughout the main floor along w/ carpeted hallways, stairs, bedrooms and tiled bathrooms and laundry room on 2nd floor. Primary walk in shower is fully tiled , 9 ft ceilings on 1 and 2nd floor, tons of recessed lighting and ceiling fan pre wires in great room and all bedrooms. Owners will enjoy a private covered patio.

Property Photos

Location

29524 Monarch Road, Menifee, CA 92584

Coordinates: 33.690735°N, -117.189078°W

Nearby Amenities near 29524 Monarch Road, Menifee

Nearby Schools

Chester W Morrison Elementary — Elementary — 0.6 mi
Evans Ranch Elementary School — Elementary — 1 mi
Santa Rosa Academy — School — 1.2 mi
Ridgemoor Elementary School — Elementary — 1.6 mi
Paloma Valley High School — High — 1.8 mi
Callie Kirkpatrick Elementary School — Elementary — 2 mi

Nearby Gyms & Fitness

Powerhouse Gym Menifee — Gym — 0.1 mi — 4.5★
CrossFit Defy — CrossFit — 0.7 mi — 5★
Warrior Fit Bootcamp — Gym — 0.7 mi — 4.9★
The Camp Transformation Center — Gym — 0.7 mi — 4.9★

Nearby Shopping

The Bradley Business Center — Mall — 0.2 mi — 4.6★
Newport Plaza — Mall — 0.4 mi — 4.4★
Bear Creek Village Center — Mall — 0.6 mi — 4.4★
Menifee Town Center — Mall — 0.6 mi

Nearby Restaurants & Dining

Giovanni's Pizza and Pasta — Fast Casual — 0.3 mi — 4.3★
Carnitas Express — Dining — 0.3 mi — 4.2★
Little Caesars Pizza — Fast Casual — 0.3 mi — 3★
Pitstop Pub Sports Bar & Grill — Dining — 0.4 mi — 4.2★

Open Houses

2026-04-11 — 2026-04-11T11:00:00.000-07:00 to 2026-04-11T17:00:00.000-07:00

2026-04-12 — 2026-04-12T11:00:00.000-07:00 to 2026-04-12T17:00:00.000-07:00

2026-04-04 — 2026-04-04T11:00:00.000-07:00 to 2026-04-04T17:00:00.000-07:00

Listing Agent

Agent: Randy Anderson

Brokerage: RICHMOND AMERICAN HOMES

License: 00692325

Presented by Belmont Brokerage Inc.

California Real Estate Brokerage — DRE #02431308

Phone: (818) 967-6311

Website: bbandm.com

View full listing: bbandm.com/properties/1114791044

Active

$586,990

314 DOM

$356/sqft4 bd3 ba1,650 sqftHOA ~260/mo

Call

29524 Monarch Rd Menifee, CA 92584

2,500sqft lot

MLS IG25122473

909-806-9352 (Office) 800 852-9714 (Cell) randy.anderson@richmondamericanhomes.com

Est. payment

$4,010/mo

Principal & interestTaxesInsuranceHOA

$2,968$611$171$260

Down %

Rate %

Years

Down payment: $117,398 · Total cost: $1,185,929

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,010/mo

Principal & interest: $2,968
Est. property tax: $611
Est. insurance: $171
HOA (normalized / mo): $260
Down payment: $117,398

Est. gross rent$2,446/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,564/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.