
Hemet, California 92544
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $489,000—positioned well below the $505,847 Fair Market Value by 3%. This valuation gap offers $16,847 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic modernization. Key assets include an oversized corner lot, private pool & spa, and 15' x 75' RV access. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27423 Nottingham Subject | $489,000* List Price | 4 | 2 | 1,692 | $299 | - |
A 42138 Bancroft Sold | $525,000 | 4 | 3 | 1,860 | $282 | 0.0 mi |
B 27341 Meridian Street Sold | $430,000 | 3 | 2 | 1,709 | $252 | 0.1 mi |
C 41940 Stonecliff Sold | $435,000 | 3 | 2 | 1,354 | $321 | 0.2 mi |
D 41774 Jennifer Sold | $470,000 | 4 | 2 | 1,564 | $301 | 0.4 mi |
E 27016 Ramona Vista Sold | $410,000 | 3 | 2 | 1,536 | $267 | 0.8 mi |
F 41931 Thornton Avenue Active | $465,000 List Price | 3 | 2 | 1,637 | $284 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property appears to be in mostly original condition. While well-maintained and functional, the oak cabinetry in the bathrooms, older carpet, and architectural finishes are dated and exceed the 20-year threshold for modern updates. It is move-in ready but requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1692.
The property features a sparkling pool and spa on an oversized corner lot, offering a premium outdoor lifestyle perfect for relaxation and entertaining in the California sun.
A rare 15' x 75' RV access provides significant space for recreational vehicles, boats, or additional storage, a highly sought-after feature for adventure-seekers and hobbyists.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1989, the home may require cosmetic updates or system upgrades to align with modern design trends and current energy-efficient standards.
Situated in Hemet, the property may experience different appreciation trajectories and demand levels compared to more central or coastal Southern California submarkets.
Welcome to this beautifully situated single-story home on an oversized corner lot, offering the perfect blend of space, comfort, and functionality. This residence features four spacious bedrooms and two full bathrooms, ideal for families or those seeking extra room for guests, a home office, or hobbies. Step outside and enjoy true California living with a sparkling pool & spa that’s perfect for relaxing or entertaining on warm days. The expansive lot provides plenty of outdoor space with endless possibilities. A standout feature of this property is the convenient RV access 15 feet wide by 75 feet deep, offering room for recreational vehicles, boats, or additional parking—perfect for those who love adventure or need extra storage flexibility. With its desirable layout, prime corner location, this home is a rare find that combines comfort, convenience, and lifestyle. Don’t miss the opportunity to make this exceptional property your own!
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 | 1,692 | 1,544 |
| Lot Size | 10,890 | 6,970 |
| Price | $489.0K | $446.9K |
| Price per sq ft | $289 | $263 |
| Built year | 1989 | 1988 |
| HOA | $0 | $130 |
| Days on market | 6 | 65 |
Jul 16, 2026
$489,000
Initial Listing