1880 Ace Street, Hemet, California 92545, Hemet, 92545 - 4 bed, 4 bath
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Hemet, California 92545
This Multi-Generational Single Family Residence is a Strong Value Opportunity, listed at $699,999—positioned well below the $650,024 Fair Market Value by -7%. Built in 2024, the property maintains an Excellent Condition Rating with modern finishes and a versatile layout featuring a private entrance and dedicated laundry. Located in the Colt Ridge community, it offers resort-style amenities and a scenic Hills View. This turnkey home is an ideal acquisition for Owner-Occupants seeking flexible living or Buy-and-Hold Investors targeting high-demand rental demographics.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1880 Ace Street Subject | $699,999* List Price | 4 | 4 | 3,171 | $207 | - |
A 5117 Hoss Sold | $525,000 | 4 | 3 | 2,712 | $194 | 0.2 mi |
B 1948 Earp Way Sold | $520,000 | 4 | 3 | 2,207 | $236 | 0.2 mi |
C 4635 Shasta Blue Sold | $625,000 | 5 | 3 | 3,417 | $183 | 0.2 mi |
D 1718 Chute Dr Sold | $525,000 | 4 | 3 | 2,416 | $217 | 0.4 mi |
E 5053 Moon Eye Way Sold | $579,000 | 5 | 3 | 2,871 | $202 | 0.1 mi |
F 4795 Shasta Blue Sold | $577,500 | 5 | 3 | 3,082 | $187 | 0.1 mi |
G 1900 Orangetip Lane Sold | $565,000 | 5 | 3 | 3,082 | $183 | 0.1 mi |
H 4630 Ferngreen Sold | $595,000 | 5 | 3 | 3,127 | $190 | 0.6 mi |
I 1786 Tapaderos Active | $565,000 List Price | 4 | 3 | 2,871 | $197 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this property is in mint condition and meets the criteria for a new build. It features modern kitchen and bathrooms with contemporary finishes, brand-new flooring, and state-of-the-art systems (HVAC/Electric) requiring no maintenance.
The property features a dedicated multi-gen layout with a private entrance and its own washer and dryer, offering exceptional flexibility for extended family, guests, or rental potential.
Built in 2024, this home is virtually new and features brand-new flooring and refreshed landscaping, providing a move-in ready experience with contemporary energy efficiencies.
Located in the Colt Ridge community, residents have access to a swimming pool, recreation center, and parks, offering high lifestyle value for a relatively low monthly HOA fee.
With a 5,005 sqft lot for a 3,171 sqft home, the outdoor space is relatively small, which may limit options for extensive gardening or large private outdoor gatherings.
Situated on the edge of Hemet, the property may result in longer commute times to major employment hubs and metropolitan centers in Riverside or Orange County.
Welcome to one of the most desirable homes in the highly sought-after Colt Ridge community! This beautifully upgraded MULTI-GEN home offers the perfect blend of comfort, functionality, and modern style. Featuring brand-new flooring throughout, thoughtful upgrades, and recently refreshed front and backyard landscaping, this home is truly move-in ready. Designed with flexibility in mind, the multi-generational layout provides ideal space for extended family, guests, or a private home office its very own washer and dryer and private entrance . The spacious tandem garage offers plenty of room for additional vehicles, storage, or recreational equipment. Residents of Colt Ridge enjoy access to exceptional HOA amenities, including a recreation center, sparkling swimming pool, parks, playgrounds, and outdoor gathering areas that foster a true sense of community. Situated on the edge of town, this home offers a peaceful neighborhood setting while remaining conveniently located just minutes from major highways, shopping, dining, schools, and everyday conveniences. Don't miss this opportunity to own one of Colt Ridge's standout homes, combining modern upgrades, versatile living spaces, and resort-style community amenities in a prime Hemet location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,171 | 1,544 |
| Lot Size | 5,005 | 6,970 |
| Price | $700.0K | $446.9K |
| Price per sq ft | $221 | $263 |
| Built year | 2024 | 1988 |
| HOA | $120.0 | $130 |
| Days on market | 34 | 65 |
Jun 19, 2026
$699,999
Initial Listing
Jul 19, 2024
$580,000
Public Record
Jan 12, 2024
$2,398,500
Public Record