1348 Pepper Tree, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath
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Hemet, California 92545
This property presents a High-Potential Investment Opportunity with a List Price of $384,900—positioned well below the $388,095 Fair Market Value by 0.8%. This valuation gap offers $3,195 in Instant Equity. Featuring a Poor Condition Rating due to its 1980 vintage, the home requires a full interior rehab, yet offers significant upside through its Premium Golf Course Frontage and Large Lot Size. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the 55+ Seven Hills community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1348 Pepper Tree Subject | $384,900* List Price | 3 | 2 | 1,612 | $241 | - |
A 1825 Flame Tree Sold | $295,000 | 3 | 2 | 1,692 | $174 | 0.2 mi |
B 856 Harrow Sold | $449,500 | 3 | 2 | 1,572 | $286 | 0.8 mi |
C 2186 Redwood Sold | $339,000 | 3 | 2 | 1,612 | $210 | 0.1 mi |
D 2944 Hampton Avenue Sold | $450,000 | 3 | 2 | 1,552 | $290 | 0.8 mi |
E 873 Wetherly Street Sold | $460,000 | 3 | 2 | 1,572 | $293 | 0.9 mi |
F 2218 Redwood Drive Sold | $340,000 | 2 | 2 | 1,313 | $259 | 0.1 mi |
G 2635 Beech Tree Sold | $350,000 | 3 | 2 | 1,576 | $222 | 0.5 mi |
H 1389 Pepper Tree Active Under Contract | $390,000 List Price | 3 | 2 | 1,749 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (44 years old), the property features original oak cabinetry, white appliances, and popcorn ceilings. The bedroom carpet shows significant wear and staining, and there is no evidence of major system or kitchen/bath renovations within the last 30 years, placing it in the poor category based on age and the need for a full interior rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1612.
The property is ideally situated on the fairway, offering expansive golf course and mountain views that provide a serene backdrop and significantly enhance the home's market value.
Boasting 1,612 square feet with three bedrooms and a unique double-sided gas fireplace, the open-concept design offers more living space and architectural character than many standard senior community homes.
Built in 1980, the home may require modernization of its original systems and cosmetic finishes to meet the expectations of buyers looking for contemporary energy efficiency and style.
As a 55+ community residence, the potential buyer pool is restricted by age, which can limit overall market demand and potentially extend the time needed to secure a sale compared to all-age neighborhoods.
WELCOME HOME to one of the most sought-after residences in the highly desirable 55+ community of Seven Hills! Offering 1,612 square feet of comfortable living space, this spacious 3-bedroom, 2-bath home features a unique floor plan with a custom feel and an open-concept design that's perfect for both everyday living and entertaining. The bright and spacious kitchen offers abundant cabinetry, generous counter space, and a convenient breakfast bar for casual dining and gatherings. The living and family rooms are enhanced by a beautiful double-sided gas fireplace, creating a warm and inviting atmosphere throughout the home. Large windows bring in natural light while showcasing the stunning golf course views beyond. Step outside to your private backyard retreat and enjoy breathtaking fairway views, lush green landscapes, and a peaceful setting that makes every day feel like a getaway. Whether you're enjoying your morning coffee or hosting family and friends, the outdoor scenery provides the perfect backdrop. Additional highlights include a two-car garage, attractive curb appeal, and well-maintained landscaping. Combining comfort, charm, and one of the best locations in Seven Hills, this exceptional home is ready for its next chapter. Don't miss this incredible opportunity!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 5.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,612 | 1,544 |
| Lot Size | 7,405 | 6,970 |
| Price | $384.9K | $446.9K |
| Price per sq ft | $239 | $263 |
| Built year | 1980 | 1988 |
| HOA | $43.0 | $130 |
| Days on market | 26 | 65 |
Jun 26, 2026
$384,900
Initial Listing
Aug 30, 2002
$185,000
Public Record
Jul 5, 2000
$145,000
Public Record
Apr 16, 1997
$132,500
Public Record
Sep 30, 1996
$100,000
Public Record