26145 Soboba, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath
Loading property details...
Hemet, California 92544
This property presents a High-Potential Investment Opportunity with a List Price of $549,900—positioned well above the $490,300 Fair Market Value by -12%. While the pricing reflects the significant land value, the Fair Condition Rating necessitates cosmetic updates. The 1.27-acre lot with development potential and equestrian zoning provides substantial upside for forced appreciation. Featuring a wide-open floor plan and open-beam ceilings, this asset is ideal for Buy-and-Hold Investors or Developers looking to capitalize on the professional lot-split plans.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26145 Soboba Subject | $549,900* List Price | 4 | 2 | 2,526 | $194 | - |
A 42040 Acacia Avenue Sold | $539,000 | 3 | 2 | 2,275 | $237 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is dated and needs cosmetic updates, particularly in the kitchen and bathrooms which feature older cabinetry and tile countertops. However, it remains functional and move-in ready with a newer AC system and no apparent structural defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 55321, living area = 2526.
The property sits on 1.27 acres with professional plans already in place to split the acreage into lots, plus the option to acquire an adjacent parcel for a total of 2.12 acres, offering massive upside for investors.
Despite its 1976 build, the home features a highly desirable wide-open floor plan, warm open-beam ceilings, and slate flooring that align perfectly with contemporary interior design trends.
The residence is noted as needing cosmetic and functional updates, including a spa that is currently not in working condition, which will require additional upfront capital from the buyer.
As a custom-built home from 1976, buyers should anticipate potential costs associated with aging infrastructure and systems typical of a property approaching its 50-year mark.
Unique opportunity! Large property in Hemet. Homes was built by the current owner. Needs some updating but tons of charm and possibilities. Wide open floor plan, very relevant to today's trends with vast living spaces, slate flooring, warm open beam ceiling, 4 bedrooms, 2 baths. Dual sided fireplace. Newer AC. Spa could be brought back to working condition. Home sits on 1.27 acres with an extra garage that could be kept or removed. Lot next door could be sold with the property for an additional price, for a total parcel of 2.12 acres. Owner has professional plans to split the total acreage into lots for possible development. Price for the combined parcels to be negotiated should you be interested. Horses should be ok, buyer to verify. Property is under the county jurisdiction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,526 | 1,544 |
| Lot Size | 55,321 | 6,970 |
| Price | $549.9K | $446.9K |
| Price per sq ft | $218 | $263 |
| Built year | 1976 | 1988 |
| HOA | $0 | $130 |
| Days on market | 31 | 65 |
Jun 21, 2026
$549,900
Initial Listing