1948 Earp, Hemet, California 92545, Hemet, 92545 - 4 bed, 3 bath
1948 Earp
Hemet, California 92545
Property Price
SUMMARY
Analysis of 1948 Earp, Hemet, California 92545 reveals a property with a current list price of $519,900, which is 5% above the estimated $492,620 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 1948 Earp Subject | $519,900* List Price | 4 | 3 | 2,207 | $223 | - |
A 1718 Chute Dr Sold | $525,000 | 4 | 3 | 2,416 | $217 | 0.3 mi |
B 5280 Coyote Street Sold | $512,000 | 4 | 3 | 2,591 | $198 | 0.1 mi |
C 1792 Bronco Road Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.3 mi |
D 1968 Old Canyon Drive Sold | $515,000 | 3 | 2 | 2,201 | $234 | 0.2 mi |
E 5109 Rowel Street Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.2 mi |
F 5564 Spur Drive Active | $488,000 List Price | 4 | 3 | 2,207 | $221 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2023, this property is virtually new and meets all modern quality standards. It features a contemporary Lennar floor plan with a modern kitchen, stainless steel appliances, updated flooring, and energy-efficient systems including solar, with no signs of wear or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Highly Desirable Lennar Floor Plan
Built in 2023, this property features one of Lennar's most sought-after layouts, offering a modern great room design and a versatile upstairs loft that maximizes functional living space.
- Exceptional Outdoor Living
The home boasts an exceptionally large patio space that is significantly larger than standard lots in the community, providing a rare upgrade for outdoor entertaining and future expansion.
- Resort-Style Community Amenities
Located in the Saddle Point community, residents enjoy premium amenities including a pool, jacuzzi, clubhouse, and fire pits, complemented by a low-cost $100/month solar lease for energy efficiency.
CONSRISKS & DEFICIENCIES
- Solar Lease Assumption
The solar panels are under a lease agreement rather than being owned, which requires the buyer to meet specific credit requirements to assume the contract during the purchase process.
- Lack of Scenic Views
Despite the premium community setting, the property is noted as having no significant views, which may be a disadvantage for buyers prioritizing the natural vistas common in the region.
About 1948 Earp
Spacious 4-Bedroom Home in the Desirable Saddle Point Community Welcome to this inviting 4-bedroom, 3-bathroom home with a versatile loft, offering 2,207 square feet of thoughtfully designed living space in the highly sought-after Saddle Point Community. This home features a modern great room floor plan where the kitchen, dining area, and living room flow seamlessly together—perfect for entertaining guests or enjoying everyday family life. The bright and airy kitchen boasts ample counter space, a large center island, and abundant natural light, creating a warm and functional space for cooking and gathering. Upstairs, the spacious loft provides endless possibilities—ideal for a home office, media room, or play area. The well-appointed bedrooms offer comfort and flexibility for families of all sizes. Residents of Saddle Point enjoy resort-style amenities, including scenic walking trails, a community park, sparkling pool, relaxing jacuzzi, BBQ grills, fire pit, and a beautifully appointed clubhouse complete with bathrooms, showers, dining area, and a full kitchen. Conveniently located near the 215 freeway with easy access to shopping, dining, and everyday essentials, this home offers the perfect blend of comfort, convenience, and community living. Come experience everything this Saddle Point gem has to offer—your next chapter starts here! Highly Sought-After Lennar Model, One of the most in-demand floor plans by Lennar, Originally secured through a lottery release due to overwhelming buyer demand. Popular model known for its efficient layout and modern design Exceptionally Large Patio Space, significantly larger than most homes in the community Ideal for: Entertaining guests, Outdoor dining & BBQs, Kids’ play area, Future pergola or outdoor kitchen expansion, A rare outdoor upgrade that adds real lifestyle value. - Historically one of the most requested floor plans in the community - High recognition among buyers familiar with Lennar communities - Excellent long-term value retention potential Solar lease, seller is paying only $100 p/month
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $110.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,207 | 1,755 | 76% |
| Lot Size | 5,227 | 6,098 | 32% |
| Price | $519.9K | $447.0K | 80% |
| Price per sq ft | $236 | $247 | 40% |
| Built year | 2023 | 2000 | 94% |
| HOA | $110.0 | $43 | 68% |
| Days on market | 13 | 180 | 0% |
Pricing History
Listed for Sale
Feb 22, 2026
$519,900
Initial Listing
Sold
Jan 17, 2024
$475,500
Public Record