26124 New Chicago, Hemet, California 92544, Hemet, 92544 - 2 bed, 2 bath
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Hemet, California 92544
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $249,900—positioned above the $239,743 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, functional home with significant upside for cosmetic updates. Featuring a rare oversized two-car garage and a prime corner lot with mountain views, this 55+ community asset offers a low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, amenity-rich retirement sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26124 New Chicago Subject | $249,900* List Price | 2 | 2 | 1,073 | $223 | - |
A 26079 Elderwood Sold | $239,000 | 2 | 1 | 1,332 | $179 | 0.2 mi |
B 43451 Briercliff Drive Sold | $242,000 | 2 | 2 | 1,019 | $237 | 0.1 mi |
C 43464 Briercliff Active | $210,000 List Price | 2 | 2 | 1,073 | $196 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is well-maintained but significantly dated. The kitchen and bathrooms feature original or older cabinetry and tile work (>20 years), and the interior includes popcorn ceilings and older carpeting. While functional and move-in ready, it requires cosmetic updates and likely system evaluations due to its age.
The property features a rare, oversized two-car garage, providing significant added value for vehicle storage or a workshop, which is a highly sought-after and uncommon feature for this home type.
Located in the Briercliff Village 55+ community, residents benefit from a low-maintenance lifestyle with access to a clubhouse, pool, and billiards room for a very affordable monthly HOA fee.
Situated on a charming corner lot, the home offers enhanced privacy and curb appeal with low-maintenance landscaping and scenic views of the mountains and city lights.
The 55+ community requirement limits the pool of potential buyers to a specific demographic, which can result in a longer sales cycle compared to non-restricted residential areas.
Originally built in 1963, the property may require capital improvements or modernization of its original systems and finishes to meet the expectations of contemporary buyers.
FELL OUT OF ESCROW!! BACK ON THE MARKET!!SUPER charming corner lot home. Features 2 bedrooms, 2 baths. This cottage home in this historic neighborhood of East Hemet. This home was originally built in 1963. The home and the neighborhood have never ceased to be heavily sought after. This home is SO cozy and quaint. Nestled in the Briercliff Village 55+ HOA community. HOA offers some wonderful amenities: beautiful pool, billiards room, picnic area, and wonderful clubhouse. All walking distance from the home. Perfect retirement home, or just a cozy home for a 55+ year old single or couple. The pictures show off this charming home, but nothing can take the place of putting your feet on and in this home. Home includes a very nice landscaped yard that surrounds the home. All with super low maintenance. A rare HUGE TWO car garage for your cars and/ or to just store your stuff. Plenty of parking along the street and driveway. Close to schools, parks, downtown shops and restaurants, churches, and freeways. Once you put your feet on this property, you will want to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,073 | 1,609.5 | 11% |
| Lot Size | 5,227 | 8,276 | 3% |
| Price | $249.9K | $460.0K | 3% |
| Price per sq ft | $233 | $284 | 21% |
| Built year | 1963 | 1978 | 21% |
| HOA | $140.0 | $0 | 98% |
| Days on market | 23 | 159 | 2% |
May 14, 2026
$249,900
Initial Listing
Feb 9, 2004
$110,000
Public Record
Feb 13, 1997
$52,000
Public Record