
Hemet, California 92545
This Spacious West Hemet Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $603,296 Fair Market Value by 4%. This valuation gap provides $28,296 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features over 3,000 sqft of living space, builder-upgraded 10-foot ceilings, and custom flooring. Its prime location within the Hemet Unified School District allows families to walk to three local schools. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a high-capacity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1048 Paintbrush Subject | $575,000* List Price | 5 | 3 | 3,096 | $195 | - |
A 841 Shiraz Sold | $535,000 | 3 | 3 | 2,663 | $201 | 0.3 mi |
B 511 Madrid Street Sold | $577,500 | 4 | 3 | 2,579 | $224 | 0.7 mi |
C 860 Provance Street Sold | $498,888 | 4 | 3 | 2,663 | $187 | 0.2 mi |
D 857 Reisling St Sold | $550,000 | 5 | 3 | 2,360 | $233 | 0.2 mi |
E 1053 Indiangrass Drive Sold | $540,000 | 5 | 3 | 3,096 | $174 | 0.2 mi |
F 977 Saltbush Active | $625,000 List Price | 5 | 3 | 3,096 | $202 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is approximately 18-20 years old, placing it within the 'Good' category. The listing describes it as well-maintained with custom flooring and high ceilings, suggesting it is move-in ready and functional, though original systems (HVAC/Electric) are likely approaching the 20-year mark.
The home features over 3,000 sqft of living space with builder-upgraded 10-foot ceilings downstairs and 9-foot ceilings upstairs, creating an exceptionally open and airy atmosphere.
Situated in a quiet community within walking distance to three local schools, this property offers significant convenience and safety for families with children.
The residence boasts custom flooring throughout and an abundance of natural light, distinguishing it as one of the most well-appointed homes in the West Hemet area.
The property does not offer any territorial or mountain views, which may be a disadvantage for buyers seeking the aesthetic appeal common in other parts of Riverside County.
Although listed as five bedrooms, the layout actually consists of four bedrooms and a loft, which may not satisfy buyers requiring five fully enclosed private rooms.
One of the nicest homes in west Hemet. It is really 4 bedrooms and a large loft. Custom flooring throughout and tons of natural light. Nice quiet community and close to 3 schools, you can walk to all . 10" ceilings downstairs and 9" upstairs. (builder upgrade. Formal living/dining and a large family room. Don't miss this home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 3,096 | 1,809 | 95% |
| Lot Size | 7,841 | 6,098 | 79% |
| Price | $575.0K | $455.0K | 93% |
| Price per sq ft | $186 | $247 | 7% |
| Built year | 2006 | 2001 | 71% |
| HOA | $0 | $43 | 46% |
| Days on market | 2 | 181 | 0% |
Apr 21, 2026
$575,000
Initial Listing
Jul 31, 2006
$478,000
Public Record