1041 Holmes, Calimesa, California 92320, Calimesa, 92320 - 4 bed, 3 bath
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Calimesa, California 92320
This Versatile Multi-Generational Property is a Strong Value Opportunity, listed at $725,000—positioned well below the $791,828 Fair Market Value by 8%. This valuation gap offers $66,828 in Instant Equity. Featuring a Condition Rating of 3, the home includes a detached guest house, paid solar, and a pool/spa on a massive 40,075 sqft lot. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants requiring flexible living space.
Property is move-in ready.
Although built in 1969, the property has been well-maintained with clear evidence of renovations within the 10-20 year range, including granite countertops, updated bathroom vanities, and tile flooring. The addition of paid solar and a guest house with modern shaker cabinets indicates functional systems and move-in ready condition.
The property features a fully permitted, detached 1-bedroom, 1-bathroom guest house with a full kitchen, providing excellent potential for rental income or multi-generational living.
Situated on nearly an acre (40,075 sqft), the lot is fully loaded with a pool, spa, RV parking, a workshop, storage sheds, and mature fruit trees, offering exceptional utility and privacy.
The inclusion of a fully paid solar system delivers immediate energy efficiency and substantial long-term savings on utility costs.
Built in 1969, the home may feature older architectural layouts or require updates to major systems to meet modern standards, despite being well-maintained.
The massive lot size, private pool, spa, and multiple detached structures will demand significant ongoing time and financial investment for proper upkeep.
Well-maintained 4-bedroom, 2.5-bath home situated on a large lot with a detached 1-bedroom, 1-bath guest house, pool, spa, paid solar, RV parking, and abundant storage. Built in 1969, the main home features a charming mid-century style fireplace, granite kitchen countertops, and tile flooring throughout the main living areas. The detached guest house includes a full kitchen with shaker cabinets, a private bedroom with en suite bath, and an attached bonus room with laundry and storage. Additional amenities include a 2-car garage, a workshop attached to the guest house, two storage sheds, and mature fruit trees. This versatile property offers space for multi-generational living, guests, hobbies, or potential income opportunities, all while reflecting years of pride in ownership and meticulous care. Don't miss this incredible opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,418 | 2,287 |
| Lot Size | 40,075 | 8,276 |
| Price | $725.0K | $566.5K |
| Price per sq ft | $300 | $328 |
| Built year | 1969 | 2008 |
| HOA | $0 | $153 |
| Days on market | 27 | 88 |
Jun 25, 2026
$725,000
Initial Listing