
Hemet, California 92544
This Spacious View Estate is a Prime Investment Opportunity, listed at $625,000—positioned well below the $653,311 Fair Market Value by 4%. This valuation gap provides $28,311 in Instant Equity. Featuring a Condition Rating of 4, the home offers massive upside via a 900 sq ft bonus room and pre-framed expansion potential. Set on a one-acre lot with panoramic mountain views within the Hemet Unified District, it balances lifestyle with financial growth. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private sanctuary with forced appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28291 Vista Del Valle Subject | $625,000* List Price | 3 | 2 | 1,750 | $373 | - |
A 28405 Vista Del Valle Sold | $539,900 | 3 | 2 | 2,073 | $260 | 0.5 mi |
B 27485 Bancroft Way Sold | $474,000 | 4 | 2 | 1,405 | $337 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1961, is described as having a 'preserved retro aesthetic' with original mid-century features, indicating that the kitchen and bathrooms are likely dated and have not undergone recent full renovations. While the home benefits from significant infrastructure updates—including a new septic system, newer HVAC, and solar panels—the interior finishes such as the vertical blinds, older flooring, and original cabinetry suggest it requires cosmetic modernization. It is well-maintained and functional enough for tenant occupancy, but shows signs of age consistent with the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1750.
Situated on a sprawling one-acre lot with no rear neighbors, the property offers exceptional seclusion and breathtaking canyon and mountain views, complemented by a seasonal stream.
With a 900 sq ft bonus room and pre-framed areas with plumbing access already in place, the home provides a unique opportunity to easily add square footage and increase market value.
The home is currently tenant-occupied, which can present challenges for scheduling showings and may delay immediate possession for owner-occupant buyers.
While charming, the 1961 'preserved retro' interior and original features may require a significant cosmetic investment to appeal to buyers seeking a modern finish.
Stunning View Property on Approximately 1 Acre – Privacy, Serenity & Endless Potential. Experience breathtaking panoramic views and peaceful seclusion in this beautifully situated ~1,750 sq ft home on approximately one acre. With no rear neighbors or future development behind, the property offers rare long-term privacy and a tranquil natural setting, complete with a seasonal stream and charming waterfall just beyond the backyard. Inside, a preserved retro aesthetic adds warmth and character throughout. The centerpiece living area features a unique round stone fireplace with a metal flue, surrounded by black flagstone seating—creating a one-of-a-kind gathering space. A built-in mid-century bar with original glass sliders and generous storage enhances the home’s charm and makes entertaining easy. The front patio has been thoughtfully transformed into a private retreat with a fully screened-in patio enclosure, partially in-ground therapy swim spa and hot tub, reinforced wood decking, shade roofing, and two large ceiling fans—ideal for relaxing or hosting while enjoying the serene surroundings. A spacious ~900 sq ft bonus room offers flexible use as a playroom, home theater, or additional living space. The front covered patio with built-in seating presents an opportunity to be enclosed, adding even more usable square footage while capturing incredible views. This property also offers excellent expansion potential. A pre-framed area with rebar is already in place behind the bonus room, along with plumbing access for a future bathroom and direct access to the pool patio. The kitchen could easily be expanded by opening a wall to connect with the bonus room, enhancing both functionality and value. Additional features include a new septic system and leach lines, solar system with transferable agreement, newer A/C and furnace, two carports (one easily convertible to a garage), approximately 10 parking spaces, fenced dog run, and a large laundry room with pantry and storage. A rare blend of natural beauty, usable land, architectural character, and value-add potential. Currently tenant-occupied by excellent tenants who would love to remain.
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 | 1,750 | 1,653 | 60% |
| Lot Size | 43,560 | 8,712 | 88% |
| Price | $625.0K | $460.0K | 89% |
| Price per sq ft | $357 | $284 | 90% |
| Built year | 1961 | 1979 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 182 | 1% |
Apr 13, 2026
$625,000
Initial Listing
Mar 3, 2011
$192,000
Public Record
Sep 30, 1994
$50,000
Public Record