2431 El Rancho, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath
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Hemet, California 92545
This Turnkey Senior Residence is a Strong Value Opportunity, listed at $329,000—positioned well below the $352,972 Fair Market Value by 6%. This valuation gap provides $23,972 in Instant Equity for incoming buyers. Boasting a Condition Rating of 3, the home features a modernized kitchen, upgraded bathrooms, and mountain views. Located in the coveted El Grande Estates, residents enjoy a pool, spa, and low $50 HOA dues within the Hemet Unified School District. This is an ideal sanctuary for Active Seniors or Owner-Occupants seeking affordability and a high-quality lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 El Rancho Subject | $329,000* List Price | 2 | 2 | 1,294 | $284 | - |
A 2302 El Grande Sold | $315,000 | 2 | 2 | 1,128 | $279 | 0.1 mi |
B 2324 El Rancho Circle Sold | $320,000 | 2 | 2 | 1,115 | $287 | 0.2 mi |
C 2682 Alegre Sold | $397,000 | 3 | 2 | 1,608 | $247 | 0.3 mi |
D 2216 El Toro Circle Sold | $315,000 | 2 | 2 | 1,185 | $266 | 0.1 mi |
E 2715 W Fruitvale Sold | $315,000 | 2 | 2 | 1,216 | $259 | 0.3 mi |
F 2952 La Habra Avenue Sold | $310,000 | 2 | 2 | 1,190 | $261 | 0.4 mi |
G 2219 El Toro Circle Active | $350,000 List Price | 2 | 2 | 1,354 | $258 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in turnkey, move-in ready condition with extensive recent updates that modernize its 1976 construction. The kitchen features updated white cabinetry, stone countertops, a decorative backsplash, and stainless steel appliances. Both bathrooms have been renovated with modern vanities and fixtures. The home also boasts updated laminate flooring throughout and a clean, neutral paint palette, meeting the criteria for a well-maintained property with significant system and aesthetic updates.
The home is in move-in-ready condition featuring modern upgrades to the kitchen, bathrooms, and flooring, providing immediate comfort without the need for initial renovations.
With a competitive list price, remarkably low HOA dues of only $50 per month, and low property taxes, this residence offers a highly cost-effective living option.
Located in the coveted El Grande Estates, residents have access to extensive facilities including a pool, spa, sauna, clubhouse, and park, enhancing the active senior lifestyle.
As part of a senior community, the property is limited to buyers aged 55 and over, which significantly restricts the potential resale market and pool of occupants.
Built in 1976, the property may possess aging underlying systems or structural elements typical of its era that could require more frequent maintenance compared to newer builds.
This well-Maintained home located on a corner lot in the coveted El Grande Estates Senior Community close to Shopping and Restaurants. This Turnkey home is ready to move into. The Home has upgraded Bathrooms, Kitchen and flooring. There is a flex room which can be used in many ways. Perhaps a music room, a sewing, a family room or TV or reading room. Enjoy relaxing on the covered patio surrounded by Orange and Grapefruit Citrus trees. This home exemplifies the term "affordability" with its low HOA dues and low taxes. The HOA has a lush Park for picnics with family and friends. There are a Pool and Spa to enjoy along with a Hot tub and Sauna. The Clubhouse has a Card room, Billiard room, Meeting room and Banquet Facilities. Furniture may be negotiated separately outside of escrow.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,294 | 1,792 | 20% |
| Lot Size | 5,227 | 6,098 | 31% |
| Price | $329.0K | $455.0K | 14% |
| Price per sq ft | $254 | $247 | 58% |
| Built year | 1976 | 2000 | 6% |
| HOA | $50.0 | $43 | 57% |
| Days on market | 48 | 180 | 2% |
Mar 5, 2026
$329,000
Initial Listing
Sep 11, 2020
$225,000
Public Record
Jan 11, 2002
$93,000
Public Record