tomo logo

$1,850,000

Beds
5
Baths
4.5
sq ft
5,366

27732 Calle de Leon, Menifee, CA 92585

27732 Calle de Leon

Menifee, CA 92585

  • 12 days on market
**Exceptional Opportunity for a BIG Family OR anyone looking for HORSE RANCH PROPERTY; Extra Income that comes with the WAREHOUSE & a potential 2nd 2B2B UNIT with permits available** Discover your dream home in this custom-built 5,366 sqft one-story masterpiece, situated on over 1 acre of pristine land. This property was not only well-designed for both comfort and luxury as a Primary Residence, but also offers plenty of opportunities as an investment! **Key Features:** **Spacious Layout & Grand Living Spaces:** This home boasts 5 generous bedrooms, 4.5 baths, and an office that can easily serve as a 6th bedroom, completed with built-in shelving. The magnificent entrance leads to an expansive open floor plan, featuring a cozy living room and a remarkable 1500-sqft great room equipped with a bar and fireplace—ideal for gatherings and relaxation. **ADDITIONAL UNIT INVESTMENT OPPORTUNITY** The 4-car oversized garage is already PERMITTED for a 2B2B that functions as a 2ND UNIT, which can be leased alongside the main residence, bringing incredible potential income; or it could be functioned as a in-law suite floorplan. **WAREHOUSE on Land** Comes with a well-insulated 6,000 sqft metal warehouse on a foundation that includes a restroom/office space, and two large roll up doors. Fenced away from the residence. Easy to lease for a substantial amount of extra income. **Land Value for Construction** As Menifee expands rapidly, the property offers great potential for future construction, allowing you to build additional structures and maximize your return. Fully fenced and beautifully landscaped, this property features an auto door for added privacy. **Grand Kitchen & Dining Experience:** This gourmet kitchen is highlighted by granite countertops, dual ovens, glass cabinets, and a walk-in pantry. A designated formal dining room adorned with luxurious chandeliers offers a stunning backdrop for meals while connecting you to picturesque outdoor views. **Additional Features:** The spacious master bedroom features two ceiling fans and an en-suite bathroom with a stunning sunken tub and custom hardware. French doors lead to outdoor exploration, while bay windows with seating flood the living spaces with natural light. Elegant French doors throughout create a seamless flow from room to room. Schedule a viewing today to experience firsthand this unique home for your family to thrive while building extra income/business!

Details

Property type

Single Family Residence

Est. home value

$1,061,150

Lot size

1.08 acres

Price per sq ft

$345

Year built

2003

HOA

No

Price History

03/05/2025
CRMLS

CRMLS #SW25048089

Listed
$1,850,000
+172.06%
12/12/2019
CRMLS

CRMLS #IV19230810

Sold
$680,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Perris Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Spring Eq Llc

Loan start date

December 2023

Original loan amount

$207,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Credit Line (Revolving), 30 year

Seller

Sergio Alberto Corona

Lender

Modern Mortgage Lending Inc

Loan start date

September 2022

Original loan amount

$538,000

Est. remaining balance

$519,141

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Sergio Alberto Corona

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/18/2025 at 12:35 AM

Listing updated: 03/14/2025 at 12:15 PM

Listed by: Yueqin Ren, Century 21 King Phone #: (909) 980-8000

MLS: CRMLS #SW25048089

CRMLS logo

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