1140 Amberwood Drive, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
1140 Amberwood Drive
Hemet, California 92543
Property Price
SUMMARY
Analysis of 1140 Amberwood Drive, Hemet, California 92543 reveals a property with a current list price of $315,000, which is 8% above the estimated $290,383 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 Amberwood Drive Subject | $315,000* List Price | 2 | 2 | 1,310 | $222 | - |
A 410 Panorama Drive Sold | $279,900 | 2 | 2 | 1,425 | $196 | 0.1 mi |
B 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.3 mi |
C 1441 Edgewood Lane Sold | $235,000 | 2 | 2 | 1,170 | $201 | 0.2 mi |
D 621 Shasta Way Sold | $260,000 | 2 | 2 | 1,197 | $217 | 0.4 mi |
E 1241 Sandlewood Dr Sold | $310,000 | 2 | 2 | 1,504 | $206 | 0.3 mi |
F 1561 W Wesley Place Sold | $295,000 | 2 | 2 | 1,152 | $256 | 0.4 mi |
G 1580 W Whittier Avenue Active | $277,800 List Price | 2 | 2 | 1,197 | $232 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1965, has received some recent cosmetic updates including new laminate flooring throughout, new kitchen counters, and a remodeled walk-in shower in one bathroom. However, the kitchen still features original, dated wood cabinets and some older appliances (range, dishwasher). The master bathroom also appears largely original with dated tile and vanity. The master bedroom has older carpet, and a wall AC unit suggests an older or supplemental cooling system. While functional and move-in ready, the home shows a mix of recent updates and significantly outdated components, aligning with the 'Fair' category where major components are functional but show signs of being outdated, and minor updates or repairs are required to modernize.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
The Panorama Village community offers a rich array of amenities including a saltwater heated pool, multiple spas, gym, clubhouse, golf course, RV storage, and a dog park, fostering an active lifestyle for residents.
- Recent Interior Updates
The home features new laminate flooring throughout and new kitchen counters, providing a refreshed and modern living environment.
- Versatile Bonus Room
A dedicated bonus room offers flexible space, suitable for an office, den, or even an additional guest bedroom, enhancing the home's functionality.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
As a 55+ community, the property's market appeal is significantly narrowed, limiting the potential buyer pool compared to unrestricted properties.
- Property Age
Built in 1965, the home is older, which may suggest potential for aging infrastructure or systems not explicitly mentioned as updated beyond the cosmetic improvements.
- Lack of Scenic View
The property description explicitly states 'view:None', which could be a drawback for buyers prioritizing scenic surroundings.
About 1140 Amberwood Drive
PRICE REDUCTION TODAY FOR THIS ATTRACTIVE HOME IN PANORAMA VILLAGE WHICH INCLUDES NEW LAMINATE FLOORING THROUGHOUT, A SPACIOUS LIVING/GREAT ROOM, NEW KITCHEN COUNTERS, TWO LARGE BEDROOMS WITH WALL TO WALL WARDROBE CLOSETS, THE MASTER BATH WITH A STEP IN TUB & SHOWER, THE SECOND BEDROOM HAS THE USE OF THE HALL BATH WITH A WALK-IN REMODELED SHOWER. THE BONUS ROOM HAS MUTIPLE PURPOSES SUCH AS AN OFFICE/DEN & HAS BEEN USED AS A THIRD BEDROOM FOR EXTENDED GUESTS. PANORAMA VILLAGE IS A COMMUNITY THAT FEATURES INVITING AMENITIES AS, A SALT WATER HEATED POOL, 3 SPAS THROUGHOUT THE DEVELOPMENTS, EXERCISE GYM ROOMS, CLUBHOUSE, POOL TABLE ROOMS, A LIBRARY, AN RV CLUB & STORAGE SITE, A DOG PARK, A NINE-HOLE GOLF COURSE, AN AFFORDABLE ASSOCIATION FEE & LOW PROPERTY TAXES, CLOSE TO PUBLIC TRANSPORTATION, MEDICAL FACILITIES, SHOPPING & DINING ARE NEARBY. DON'T MISS OUT ON EXPERIENCING THE BEST IN 55+ LIVING. CALL TODAY!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Hemet Unified Schools
Whittier Elementary School
Grades K-5 • 0.7 mi
Diamond Valley Middle School
Grades 6-8 • 1.6 mi
Aspire Community Day
Grades 7-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,310 | 1,337 | 47% |
| Lot Size | 3,920 | 6,534 | 11% |
| Price | $315.0K | $415.0K | 24% |
| Price per sq ft | $240 | $278 | 34% |
| Built year | 1965 | 1976 | 38% |
| HOA | $130.0 | $0 | 62% |
| Days on market | 124 | 159 | 30% |
Pricing History
Listed for Sale
Jan 30, 2026
$315,000
$330,000
-5% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$330,000
Initial Listing
Sold
Jun 17, 2015
$121,500
Public Record
Sold
Jun 27, 2001
$85,500
Public Record