2859 Vista Way, Hemet, California 92544, Hemet, 92544 - 2 bed, 2 bath
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Hemet, California 92544
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $515,000—positioned slightly above the $509,815 Fair Market Value. While the property requires modernization, its Fair Condition Rating and massive 12,197 sq. ft. lot provide significant upside for value-add renovations. The flexible 1,800 sq. ft. floor plan allows for an easy conversion to a third bedroom, enhancing long-term equity. With RV parking and mature fruit trees, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable asset in a desirable Hemet neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2859 Vista Way Subject | $515,000* List Price | 2 | 2 | 1,800 | $283 | - |
A 41674 Mayberry Avenue Sold | $370,000 | 3 | 2 | 1,804 | $205 | 0.7 mi |
B 498 Monte Vista Sold | $440,000 | 4 | 2 | 1,376 | $320 | 0.8 mi |
C 40877 Lela May Avenue Sold | $417,000 | 4 | 2 | 1,394 | $299 | 0.8 mi |
D 40557 Mayberry Avenue Active | $465,000 List Price | 4 | 2 | 1,643 | $283 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property is well-maintained but significantly dated. The kitchen features original wood cabinetry and older appliances/ventilation, while the bathrooms show partial renovations that appear to be 15-20+ years old (glass block and traditional vanities). The home is functional and move-in ready but requires cosmetic updates and modernization of systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1800.
The massive 12,197 sq. ft. lot provides exceptional space for RV and boat parking, secured by custom iron gates, which is a high-demand feature for the area.
At 1,800 sq. ft., the home offers a generous layout with the specific potential to easily convert the existing space into a third bedroom, increasing future equity.
With only two existing bedrooms, the property may see less interest from larger families compared to standard three-bedroom listings in the same price bracket.
Built in 1970, the home may require significant capital improvements or modernization of major systems to meet contemporary energy efficiency and aesthetic standards.
Welcome to this beautifully maintained 1,800 sq. ft. home located in one of the area’s most desirable neighborhoods! This spacious home offers 2 oversized bedrooms and 2 bathrooms, with the potential to easily convert the floor plan into a 3-bedroom home if desired. Inside, you’ll find an expansive living room with a cozy fireplace, an attached family room perfect for gathering and entertaining, and a rare walk-in laundry and storage room that provides exceptional convenience and organization. The extra-large garage offers even more room for vehicles, hobbies, and storage. Situated on an impressive 12,000+ sq. ft. lot, this property offers ample space for RV parking, boats, trailers, and all your outdoor toys. The backyard is designed for enjoying Southern California living, featuring a large patio ideal for entertaining, relaxing, and hosting family barbecues. Several mature fruit trees add beauty and character to the outdoor space. Security and privacy are enhanced by beautiful custom iron gates surrounding the property, creating a unique sense of peace and exclusivity. With no HOA, generous parking, abundant storage, and endless possibilities for customization, this home is truly a rare find. Don’t miss the opportunity to own this one-of-a-kind property that combines space, security, functionality, and charm—all in a highly sought-after location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,800 | 1,620 | 63% |
| Lot Size | 12,197 | 8,276 | 73% |
| Price | $515.0K | $461.5K | 74% |
| Price per sq ft | $286 | $284 | 51% |
| Built year | 1970 | 1978 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 155 | 3% |
May 29, 2026
$515,000
Initial Listing
Aug 26, 2022
$435,000
Public Record
Mar 18, 2020
$277,500
Public Record