Welcome to 33616 Magnetite St, Menifee, a spacious and versatile home offering 2,444 square feet with a flexible 3 to 4 bedroom PLUS a den or office and 2.5 bathrooms, all with no HOA and NO neighbors behind you! Built in 2004 and set further back from the street, this property offers a more private and established feel from the moment you arrive. The interior includes formal living and dining areas, a front room that can easily function as a fourth bedroom or additional flex space, a separate den or office, and a kitchen that opens to a comfortable family room with fireplace, creating an ideal layout for both everyday living and entertaining. The two car garage and possible RV parking add practical appeal, while the expansive 9,583 square foot lot is the true highlight. With no rear neighbors and protected land featuring mature oak trees behind the home, the backyard offers a rare sense of privacy and open space. The natural gully and preserved landscape create a peaceful backdrop where you can enjoy quiet evenings and the sounds of nature while still being conveniently located near shopping, dining, and commuter routes in Menifee. Offered at $650,000, this home presents a rare opportunity to own space, flexibility, and privacy without HOA restrictions.