Laura Jewett

Laura Jewett

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$650,000

($173,924 down)
FHA

24300 N Canyon Drive, Menifee, CA 92587

3
2
2,574 sqft
PITI Monthly
$4,201.21 /mo

Listing courtesy of: Justin Rayside, Financial Solutions & Real Estate Network

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,137 /mo
$3,244 /mo

What's Special

LOCATION
SERENE
SPACIOUS
RENOVATED
LUXURY
VAULTED CEILINGS
AFFORDABLE
RENTAL INCOME

Welcome to 24300 N Canyon Dr, Menifee, CA 92587—a rare gem perched atop a stunning hill, offering breathtaking sunset views and a panoramic glimpse of Canyon Lake. This meticulously renovated 2,574 sq. ft. manufactured home is unlike anything you’ve seen before. With its high vaulted ceilings and an open floor plan, this home exudes the elegance and spaciousness of a luxury custom-built residence. Unparalleled Interior Upgrades Step inside, and you'll immediately notice the exceptional craftsmanship and attention to detail. Every inch of this home has been carefully upgraded, creating an inviting yet sophisticated ambiance. One of the secondary bedrooms features a custom-built "Murphy" bed and dresser system, offering both versatility and space efficiency. For added security and peace of mind, the property includes a state-of-the-art alarm system and security cameras. Prime 3-Acre Lot with Endless Potential Beyond the home, the expansive 3-acre property offers two flat lots with potential to prep more lots, water and electric hookups were previosuly installed but since removed however, reinstall will not be a large feat — this is perfect for: Parking trailers and generating rental income Building a barndominium or ADU for guests, family, or tenants Creating your own ranch-style retreat Unbeatable Location & Easy Access Located just minutes from Canyon Lake, this property provides a serene retreat while maintaining accessibility. Property includes paid off solar system ready to transfer to new owner for complete energy efficiency and saving. Gas is served through use of propane tank which is serviced and refilled for very affordable price compared to traditional gas. Septic tank on site serviced regularly and well maintained. This is not just a home; it’s a lifestyle opportunity with unmatched renovations, panoramic views, and multiple revenue-generating possibilities. You may never see another manufactured home this meticulously upgraded!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$4,201.21/mo
Estimated Loan Balance
$479,442
Cash to close
$173,924
Interest Paid
$29,895

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: EvaporativeCooling, WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Bamboo, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $252.53
  • Tax Annual Amount: $8125
  • On Market Date: 2025-02-21T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $173,924 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $173,924!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$476,076
Your Cash$173,924
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,137/mo
Traditional @ 7.5%
$3,365/mo
You save $227/month ($2,727/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SB25039103

Listing From:

Last updated: 2025-03-01T22:57:27.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,137 /mo
$3,244 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $173,924 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $173,924!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$476,076
Your Cash$173,924
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,137/mo
Traditional @ 7.5%
$3,365/mo
You save $227/month ($2,727/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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