1216 Flagstone Lane, Hemet, California 92545, Hemet, 92545 - 4 bed, 3 bath
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Hemet, California 92545
This Modern Multigenerational Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $602,790 Fair Market Value by 0.63%. This valuation gap offers $3,790 in Instant Equity. Featuring a Mint Condition Rating, the home includes a private Gen Suite, Granite Kitchen, and energy-efficient systems. While school ratings are modest, the property’s versatility and turnkey status make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 Flagstone Lane Subject | $599,000* List Price | 4 | 3 | 2,303 | $262 | - |
A 1439 Alabaster Sold | $549,000 | 4 | 3 | 2,387 | $230 | 0.3 mi |
B 6003 Parkside Drive Sold | $470,000 | 4 | 2 | 2,114 | $222 | 1.0 mi |
C 5310 Satinstone Sold | $574,900 | 4 | 3 | 2,462 | $234 | 0.4 mi |
D 1280 Berylstone Sold | $555,000 | 4 | 3 | 2,387 | $233 | 0.2 mi |
E 1251 Stepstone Court Active | $590,000 List Price | 5 | 3 | 2,470 | $239 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and well within the <10-year age bracket for an excellent rating. It features modern systems including dual HVAC, a tankless water heater, and smart home technology. The kitchen and bathrooms are contemporary with high-end finishes like granite countertops, white cabinetry, and stainless steel appliances, requiring no maintenance or updates.
The property features a true private suite with its own entrance, kitchenette, living area, and dedicated HVAC, offering exceptional versatility for extended family or rental income.
Built in 2022, the home is equipped with dual HVAC systems, dual whole-house fans, a tankless water heater, and smart irrigation, ensuring high performance and lower utility costs.
The interior boasts high-end finishes including luxury vinyl plank flooring, granite countertops, and custom plantation shutters, providing a move-in-ready experience with modern aesthetics.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned middle and high schools have relatively low performance ratings (2/10 and 4/10), which may impact appeal for education-focused families.
While the home is nearly new, its location in Hemet may face slower long-term appreciation compared to more central or coastal Southern California markets.
Welcome to 1216 Flagstone Lane in Hemet—a beautifully upgraded single-story home built in 2022 offering 4 bedrooms, 3 bathrooms, 2,303 square feet of living space, and a spacious 8,276 square foot lot with potential RV parking. One of the most desirable features of this home is the true multigenerational Gen Suite, complete with its own private entrance, living area, kitchenette, bedroom, bathroom, stackable washer and dryer hookups, and dedicated HVAC system. Whether you're accommodating extended family, guests, a caregiver, or exploring rental income opportunities, this flexible space provides endless possibilities. Inside the main home, you'll find an open-concept floor plan designed for modern living. The spacious kitchen is the heart of the home, featuring an oversized center island, granite countertops, white cabinetry, stainless steel appliances, and seamless flow into the dining and family room areas. Luxury vinyl plank flooring extends throughout the main living spaces, while the bedrooms offer comfortable carpeting. Split plantation shutters throughout the home provide both style and privacy. Additional upgrades include dual HVAC systems, a dual whole-house fan system, tankless water heater, keyless entry, MyQ smart garage door opener, and Smart Rain Bird irrigation controls. Step outside to enjoy the landscaped backyard featuring a covered patio, low-voltage landscape lighting, durable vinyl fencing, and a storage shed. With modern construction, energy-efficient features, smart-home technology, and a highly sought-after multigenerational layout, this home offers exceptional value and versatility. Don't miss this rare opportunity to own a nearly new home with true multigenerational living potential in one of Hemet's growing communities.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,303 | 1,775 | 75% |
| Lot Size | 8,276 | 6,098 | 84% |
| Price | $599.0K | $455.0K | 96% |
| Price per sq ft | $260 | $248 | 61% |
| Built year | 2022 | 2001 | 92% |
| HOA | $0 | $43 | 45% |
| Days on market | 8 | 159 | 0% |
May 29, 2026
$599,000
Initial Listing
Mar 27, 2023
$574,500
Public Record