
Winchester, California 92596
This 2022-built Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $615,999 Fair Market Value by 2%. This valuation gap offers $16,999 in Instant Equity. Featuring a Condition Rating of 2, the home includes Paid Solar, an EV Charger, and a versatile main-floor bedroom. With no HOA and a spacious 8,712 sqft lot offering mountain views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28463 Memory Lane Subject | $599,000* List Price | 4 | 3 | 2,227 | $277 | - |
A 31190 Linden Flower Sold | $650,000 | 4 | 4 | 2,428 | $268 | 0.1 mi |
B 28390 Cats Claw Drive Sold | $718,000 | 4 | 4 | 2,612 | $275 | 0.3 mi |
C 31312 Scrub Jay Road Sold | $615,000 | 4 | 3 | 1,896 | $324 | 0.3 mi |
D 28480 Cosmos Drive Sold | $615,999 | 4 | 3 | 2,227 | $277 | 0.1 mi |
E 28410 Pinon Court Sold | $634,000 | 4 | 3 | 2,227 | $285 | 0.1 mi |
F 28331 Memory Ln Sold | $675,000 | 4 | 3 | 2,428 | $278 | 0.1 mi |
G 28796 Avenida Belleza Sold | $656,990 | 4 | 3 | 1,890 | $348 | 0.6 mi |
H 30540 Corte Hermoso Sold | $599,990 | 4 | 3 | 1,890 | $317 | 0.7 mi |
I 28295 Memory Lane Active | $675,000 List Price | 4 | 3 | 2,227 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2022-built home is in mint condition, featuring a modern kitchen with stainless steel appliances, contemporary flooring, and brand-new systems including paid solar and an EV charger.
The combination of fully paid-off solar panels and the absence of monthly HOA dues provides significant long-term savings and lower carrying costs compared to similar newer homes in the region.
Built in 2022, the floor plan features a highly desirable main-floor bedroom and full bathroom, ideal for multigenerational living, guests, or a private home office, complemented by a spacious upstairs loft.
The property sits on an oversized 8,712 sqft lot with professional drought-tolerant landscaping, artificial turf, and an installed EV charger, offering a turnkey exterior that is rare for this price point.
The property is situated within the Hemet Unified School District, which may be viewed less favorably by some buyers compared to the neighboring Temecula or Murrieta districts, potentially impacting long-term appreciation.
A recent price reduction within the first 25 days on the market suggests the initial list price may have been aggressive for the immediate Winchester micro-market, requiring careful strategy to attract competitive offers.
Move-In Ready in Winchester, CA | No HOA | Paid Solar | EV Charger. Picture your first morning here. Coffee on the open patio, room to spread out in a backyard larger than most in the neighborhood, and the quiet that comes from a home where everything already works. That's the difference with this 2022-built, two-story home in Winchester's Pleasant Valley community. The layout was designed around how people actually live. Four bedrooms and three full bathrooms, including a bedroom and full bath on the main floor that flexes into a guest suite, a space for multigenerational living, or a work-from-home office. Upstairs, a spacious loft serves as a game room, media space, or family gathering spot, with the laundry room conveniently located near the bedrooms where you need it. Outside, the work is done. Drought-tolerant landscaping keeps the front yard simple. The backyard features artificial turf, an open patio for entertaining, and full vinyl privacy fencing, with distant mountain views and plenty of space left to add a pool or garden. What sets this home apart is what you won't pay for or fix. No HOA dues. Owned solar panels paid in full at the close of escrow. An EV charger is already installed. Newer 2022 construction in Riverside County was built for energy efficiency. Nothing on your list but to unpack. Newer construction, paid solar, and no HOA rarely align in a single home. Schedule your private tour today and see it in person.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,227 | 2,311 |
| Lot Size | 8,712 | 6,970 |
| Price | $599.0K | $636.6K |
| Price per sq ft | $269 | $284 |
| Built year | 2022 | 2022 |
| HOA | $0 | $50 |
| Days on market | 44 | 70 |
Jul 1, 2026
$599,000
$615,999
-3% Price Drop
Initial Listing
Jun 8, 2026
$615,999
Initial Listing
Dec 21, 2022
$564,500
Public Record
Aug 31, 2021
$15,728,000
Public Record