
Hemet, California 92543
This property presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned well below the $147,828 Fair Market Value by -34%. While the property requires significant renovation, its Condition Rating of 5 and prime cul-de-sac location in the 55+ Sun Park community offer a clear path to forced appreciation. Featuring a private backyard with mountain views and access to community amenities, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value in a high-demand demographic.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Vivian Subject | $199,000* List Price | 2 | 1 | 996 | $148 | - |
A 801 S State Sold | $156,000 | 2 | 1 | 996 | $157 | 0.3 mi |
B 810 Felipe Sold | $170,000 | 2 | 1 | 980 | $173 | 0.4 mi |
C 540 Barber Drive Sold | $225,000 | 2 | 1 | 1,032 | $218 | 0.9 mi |
D 660 Palmer Drive Sold | $240,000 | 2 | 2 | 1,026 | $234 | 0.9 mi |
E 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.8 mi |
F 471 Whitney Pending | $239,900 List Price | 2 | 2 | 1,085 | $221 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62+ years old) with no mention of recent renovations. The listing explicitly states the property 'needs some TLC' and is an 'opportunity for investors,' which aligns with the criteria for a property requiring significant rehab of dated systems and interiors.
Priced competitively at $199,000, this property offers significant upside for investors or handy homeowners looking to build equity through renovation in a popular 55+ community.
Situated on a spacious cul-de-sac lot, the home provides enhanced privacy and a quiet setting, complemented by a private backyard with scenic mountain views.
Located in the Sun Park community, residents enjoy access to a clubhouse, pool, and walking trails, all supported by a very low monthly association fee of $72.
The property is noted as needing 'TLC,' which implies deferred maintenance or dated interiors that will require immediate additional investment and may complicate certain types of financing.
With only one bathroom for a two-bedroom residence, the layout may be less appealing to couples or those who frequently host guests compared to more modern two-bath configurations.
Opportunity awaits in the desirable 55+ Sun Park community of Hemet! Situated on a spacious cul-de-sac lot, this 2-bedroom, 1-bath home offers great potential for the right buyer. Features include a functional single-story layout, cozy fireplace, covered patio, and private backyard with mountain views. Property needs some TLC and is perfect for investors or buyers looking to customize and add value. Conveniently located near shopping, dining, and Diamond Valley Lake, with community amenities including a pool, clubhouse, and walking trails.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 996 | 1,410 | 13% |
| Lot Size | 5,227 | 6,534 | 21% |
| Price | $199.0K | $421.0K | 3% |
| Price per sq ft | $200 | $282 | 12% |
| Built year | 1962 | 1977 | 23% |
| HOA | $72.0 | $0 | 58% |
| Days on market | 31 | 167 | 1% |
May 15, 2026
$199,000
Initial Listing
Dec 26, 2018
$145,000
Public Record
Sep 3, 2014
$84,000
Public Record