1601 W Mayberry, Hemet, California 92543, Hemet, 92543 - 2 bed, 1 bath
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Hemet, California 92543
This 55+ residence in Panorama Village presents a High-Potential Investment Opportunity, listed at $264,900—positioned well above the $220,895 Fair Market Value by -19%. While priced above market, the home features Modernized Key Systems including a newer HVAC, windows, and flooring. With a Condition Rating of 4, the property offers a functional open layout and a large, lush backyard. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a manageable, accessible home in a quiet 55+ community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1601 W Mayberry Subject | $264,900* List Price | 2 | 1 | 912 | $242 | - |
A 471 Whitney Sold | $239,900 | 2 | 2 | 1,085 | $221 | 0.1 mi |
B 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.1 mi |
C 820 S Alessandro Street Sold | $285,000 | 3 | 2 | 1,008 | $283 | 0.9 mi |
D 510 S Lyon Avenue Sold | $260,000 | 2 | 2 | 1,026 | $253 | 0.0 mi |
E 1580 W Whittier Avenue Sold | $265,000 | 2 | 2 | 1,197 | $221 | 0.2 mi |
F 1560 1560 Amberwood Sold | $260,000 | 2 | 2 | 1,170 | $222 | 0.1 mi |
G 541 Shasta Pending | $255,000 List Price | 2 | 1 | 912 | $280 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home is well-maintained but dated. While it features important system updates including a newer HVAC, hot water heater, windows, and flooring, the kitchen and likely the bathroom are over 20 years old and require cosmetic modernization to meet current standards.
The home features significant recent updates including a new HVAC system, windows, flooring, and hot water heater, offering peace of mind and reduced maintenance costs for the new owner.
Boasting a large, lushly landscaped backyard with fruit trees and an enclosed patio, this property provides superior outdoor living and gardening opportunities rarely found in similar 55+ residences.
The interior offers a well-designed open floor plan with abundant natural light and a newly added large pantry, maximizing the 912 square feet for comfortable, accessible living.
With only one bathroom serving two bedrooms, the layout may pose a convenience challenge for residents hosting guests or for couples requiring separate spaces.
At 912 square feet, the home's smaller footprint and 1960s vintage may feel restrictive for those looking for more expansive modern living areas or additional storage.
Welcome to this wonderful 55+ home located in Panorama Village. This super cute 2 bedroom 1 bathroom is designed to provide comfortable, accessible living for 55+ adults while maintaining a warm, home atmosphere. From the cozy living room with big windows for natural light, open floor plan simple layout and easy navigation between spaces. This home has had some great updates from adding a large pantry, windows, to HVAC, flooring and hot water heater. Having an enclosed patio off the kitchen lets you bring the indoor living outdoors for those meals on the patio. Having a large backyard with lots of trees and lush landscape gives you room to enjoy gardening, outdoor relaxation, family gatherings or large area for the four legged family members. The spacious yard can also include shaded seating areas, flowers, fruit trees, or raised garden beds for easy gardening access. Overall, this home offers a peaceful, manageable environment that balances independent, comfort, and outdoor enjoyment for 55+
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.6 mi
Grades 7-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 912 | 1,410 | 7% |
| Lot Size | 4,356 | 6,534 | 16% |
| Price | $264.9K | $425.0K | 11% |
| Price per sq ft | $290 | $283 | 52% |
| Built year | 1962 | 1977 | 23% |
| HOA | $130.0 | $0 | 64% |
| Days on market | 17 | 177 | 1% |
May 28, 2026
$264,900
Initial Listing
Dec 4, 2006
$145,000
Public Record