Investor alert!- 2 LOTS for a total of half acre!! 27987 Jefferson Ave presents a rare redevelopment opportunity in the heart of Menifee, CA. This property consists of an older 3-bed, 1-bath structure (built in 1936) on a corner parcel, and the sale includes a second contiguous lot, combining for ½ acre of land — a highly attractive footprint in today’s market.
The existing home has suffered significant fire damage and is a total TEAR-DOWN, providing a blank canvas for an investment project. With ample space(subject to local planning/entitlements), this property offers exceptional upside in one of Southern California’s fastest-growing communities.
Strategically located near schools, shopping, parks, and quick access to the I-215 Corridor, this site supports strong long-term value and redevelopment demand. If you’re an investor or a builder with vision, this offering is a rare land play in Menifee.
The existing home has suffered significant fire damage and is a total TEAR-DOWN, providing a blank canvas for an investment project. With ample space(subject to local planning/entitlements), this property offers exceptional upside in one of Southern California’s fastest-growing communities.
Strategically located near schools, shopping, parks, and quick access to the I-215 Corridor, this site supports strong long-term value and redevelopment demand. If you’re an investor or a builder with vision, this offering is a rare land play in Menifee.
Property Details
Price:
$215,900
MLS #:
SW26002506
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Feb 14, 2026
Finished Sq Ft:
1,821
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1936
See this Listing
Schools
School District:
Romoland
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
NO
Exterior
Community Features
RUR
Financial
Map
Community
- Address27987 Jefferson AV Menifee CA
- CityMenifee
- CountyRiverside
- Zip Code92586
Market Summary
Current real estate data for Single Family in Menifee as of Feb 19, 2026
487
Single Family Listed
55
Avg DOM
264
Avg $ / SqFt
$526,284
Avg List Price
Property Summary
- 27987 Jefferson AV Menifee CA is a Single Family for sale in Menifee, CA, 92586. It is listed for $215,900 and features 3 beds, 1 baths, and has approximately 1,821 square feet of living space, and was originally constructed in 1936. The current price per square foot is $119. The average price per square foot for Single Family listings in Menifee is $264. The average listing price for Single Family in Menifee is $526,284.
Similar Listings Nearby
Courtesy of Keller Williams College Park. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.27987 Jefferson AV
Menifee, CA