
Hemet, California 92544
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $589,000—positioned above the $551,608 Fair Market Value. While the price reflects a premium, the property offers significant upside through its 14,374 sq. ft. corner lot and RV parking capabilities. With a Condition Rating of 4, the home is functional but requires modernization to reach its full market potential. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the expansive lot for future customization and value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27266 Pacifica Court Subject | $550,000* List Price | 3 | 2 | 2,375 | $228 | - |
A 41565 Thornton Sold | $615,000 | 3 | 2 | 2,636 | $233 | 0.0 mi |
B 41825 Thornton Avenue Sold | $510,000 | 3 | 2 | 2,454 | $208 | 0.2 mi |
C 42138 Bancroft Sold | $525,000 | 4 | 3 | 1,860 | $282 | 0.6 mi |
D 41574 Lomas Street Sold | $565,000 | 3 | 2 | 1,923 | $294 | 0.4 mi |
E 27341 Meridian Street Sold | $430,000 | 3 | 2 | 1,709 | $252 | 0.4 mi |
F 41257 Plumrose Active | $545,000 List Price | 3 | 3 | 2,139 | $255 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old home is functional but significantly dated. While the kitchen features some updates like granite countertops and stainless appliances, the cabinetry and bathrooms (original tile and vanities) are well beyond the 20-year mark. The property appears well-maintained and livable but requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2375.
The property sits on a generous 14,374 sq. ft. corner lot featuring dedicated RV parking, providing ample space for outdoor customization and storage for large vehicles or trailers.
With 2,375 sq. ft. of interior space and a 3-car garage, this home offers a larger-than-average footprint for a 3-bedroom residence, including a separate family room for enhanced functionality.
The listing price was recently adjusted upward from $530,000 to $589,000, which may challenge buyer interest and appraisal valuations in the current market.
Built in 1984, the property likely requires modern cosmetic or mechanical updates to align with contemporary standards, potentially necessitating additional post-purchase investment.
Charming 3-bedroom, 2-bath home offering 2,375 sq. ft. of comfortable living space, ideally situated on a spacious 14,374 sq. ft. corner lot. This property features RV parking with plenty of room for your toys, trailer, or extra vehicles. Inside, you’ll find a functional floor plan with inviting living areas, an open kitchen, generously sized bedrooms designed for comfort and convenience, and a separate family room perfect for relaxing or entertaining. The home also includes a spacious 3-car garage, providing ample parking and storage space. The expansive lot offers endless possibilities for outdoor entertaining, gardening, or future customization. Conveniently located near shopping, schools, and parks, this home combines space, functionality, and a desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,375 | 1,608 | 87% |
| Lot Size | 14,375 | 8,276 | 77% |
| Price | $550.0K | $463.0K | 80% |
| Price per sq ft | $232 | $284 | 19% |
| Built year | 1984 | 1978 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 157 | 3% |
Jun 12, 2026
$550,000
$589,000
-7% Price Drop
Initial Listing
May 22, 2026
$589,000
Initial Listing
May 21, 2026
$530,000
Initial Listing
Feb 3, 2020
$335,000
Public Record
May 16, 2017
$280,000
Public Record
Jul 31, 2013
$255,000
Public Record