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29554 Shervin Drive — Menifee — 3 Beds • 2 Baths • 1,539 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

$566,990

46 DOM

$368/sqft3 bd2 ba1,539 sqftHOA ~390/mo

Call

29554 Shervin Dr Menifee, CA 92584

6,241sqft lot

Brand new beautiful community in Menifee. Single story 3 bedroom 2 bath, Spanish style open floor plan home with a spacious great room, 9 ft. ceilings, included Kitchen island, large primary bedroom and bath with walk in shower. Energy effecient hybrid water heater, whirlpool stove, oven, microwave and dishwasher. All electric home. Kitchen includes white cabinets, granite counter tops with a 6 inch matching backsplash. You can still personalize everything in this home. Community will surround a non recreational community lake with walking trails for the residents. There will also be a community park with open turf area, bbq's, shade structures, basketball court and tot lot as well as a community center with on site pool., spa, park and clubhouse. Located near Diamond Lake Community Park. Minutes to shopping, dining and entertainment. Photo is a rendering of the model. Buyer can either lease or purchase the Solar.

MLS IV26044420

951-691-5300 (Office) 951-691-5300 (Cell) pxmartinez@kbhome.com

Est. payment

$4,013/mo

Principal & interestTaxesInsuranceHOA

$2,867$591$165$390

Down %

Rate %

Years

Down payment: $113,398 · Total cost: $1,145,522

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$4,013/mo

Principal & interest: $2,867
Est. property tax: $591
Est. insurance: $165
HOA (normalized / mo): $390
Down payment: $113,398

Est. gross rent$2,362/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)$-1,651/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.

Price History

Event	Date	Price	Change
Listed	Feb 28, 2026	$601,990	—

Facts & Features

Transaction Data

▼Price Reduced from $601,990 (−$35,000)

HOA Fee$390/monthly

Structure & Property

Year Built2026

Garage Spaces2

951-691-5300 (Office) 951-691-5300 (Cell) pxmartinez@kbhome.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

29554 Shervin Drive, Menifee, CA 92584

Get Directions

Call

29554 Shervin Dr Menifee, CA 92584

About this home

PATRICIA MARTINEZ

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

PATRICIA MARTINEZ

Sale & Tax History

No Recent Sales History

Location

29554 Shervin Drive, Menifee, CA 92584

About This Property

Property Photos

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

29554 Shervin Dr Menifee, CA 92584

About this home

PATRICIA MARTINEZ

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

PATRICIA MARTINEZ

Sale & Tax History

No Recent Sales History

Location