3051 Mill Ridge Drive, Hemet, California 92545, Hemet, 92545 - 5 bed, 5 bath

3051 Mill Ridge Drive
Hemet, California 92545
Property Price
SUMMARY
Analysis of 3051 Mill Ridge Drive, Hemet, California 92545 reveals a Fairly Priced Property with a current list price of $579,000 aligned with the estimated $579,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3051 Mill Ridge Drive Subject | $579,000* List Price | 5 | 5 | 3,175 | $182 | - |
A 1725 Gazebo Lane Sold | $560,000 | 5 | 5 | 3,698 | $151 | 0.3 mi |
B 1413 1413 Rabbit Peak Sold | $495,000 | 5 | 3 | 2,502 | $198 | 0.4 mi |
C 1200 Dutch Mill Road Sold | $518,000 | 5 | 3 | 3,335 | $155 | 0.4 mi |
D 3060 Sun Delight Way Sold | $495,000 | 4 | 4 | 2,575 | $192 | 0.2 mi |
E 1649 Wrentree Way Sold | $539,900 | 5 | 3 | 2,689 | $201 | 0.7 mi |
F 4490 Rainbow View Way Active | $575,000 List Price | 5 | 3 | 3,127 | $184 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is 18 years old and appears move-in ready with no immediate renovation required. The exterior is freshly painted, and the interior features like soaring ceilings, recessed lighting, and a mix of wood, tile, and carpet flooring are well-maintained. While the kitchen is described as 'updated,' the tile countertops and some white appliances reflect a style more consistent with the original build year rather than a recent, modern renovation. Similarly, the bathrooms are clean and functional but show signs of being original to the home's construction. All major systems appear functional and within expected lifespan, aligning with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
The property is located within a beautifully maintained gated community offering extensive resort-style amenities including a pool, spa, clubhouse, playgrounds, walking trails, lakes with waterfalls, and a basketball court, enhancing lifestyle and value.
- Spacious Multi-Generational Layout
This 5-bedroom, 4-bathroom home features a highly desirable multi-generational layout with a main-floor bedroom and full bath, ideal for guests, extended family, or diverse living arrangements.
- Updated Interior Features
The home boasts soaring ceilings, recessed lighting, a bright formal living and dining area, an updated kitchen with a center island, and a primary suite with a walk-in closet, soaking tub, and walk-in shower, providing modern comfort and style.
CONSRISKS & DEFICIENCIES
- Geographic Location
Hemet's location may be a drawback for buyers seeking closer proximity to major metropolitan employment centers or coastal attractions, potentially limiting the buyer pool.
- Monthly Association Fees
The property incurs a monthly association fee of $184.0, which is an additional recurring cost for homeowners and should be factored into the budget.
- Recent Price Reductions
The property has undergone recent price reductions from its original list price, which could suggest initial overpricing or a slower market response, potentially impacting perceived value.
About 3051 Mill Ridge Drive
Stunning 5-Bedroom Home in a Gated Resort-Style Community Perfect for large families, first-time homebuyers, investors, or those seeking an ideal retirement home, this exceptional residence is located in a beautifully maintained gated community offering a true resort-style lifestyle and outstanding amenities. This spacious 5-bedroom, 4-bathroom home features a highly desirable multi-generational layout, including a main-floor bedroom with a full bath, ideal for guests or extended family. The home boasts a freshly painted exterior, enhancing its modern curb appeal. Step inside to soaring ceilings, recessed lighting, and a bright formal living and dining area highlighted by elegant French doors that open to the side yard. The living room features tile flooring, while the updated kitchen offers a center island and opens seamlessly to a generous family room with rich wood flooring—perfect for entertaining and everyday living. Upstairs, you’ll find four additional bedrooms, including a Jack-and-Jill bathroom, and a spacious primary suite complete with a walk-in closet, soaking tub, walk-in shower, and private toilet room. The staircase and upstairs hallway showcase beautiful wood flooring, with plush carpet in the bedrooms. Additional features include a 3-car tandem garage, accommodating two vehicles plus ample storage space. Enjoy outdoor living in the spacious backyard with a concrete patio and covered area—ideal for year-round barbecues and gatherings. Community amenities include a sparkling pool, relaxing spa, clubhouse, playgrounds, scenic walking trails, tranquil lakes with waterfalls, and a basketball court. Conveniently located near the highly rated West Valley School, this home offers the perfect blend of comfort, style, and convenience. A rare opportunity—easy to show with 24-hour appointment notice only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $184.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 5.0 | 2.0 | 99% |
| Square foot | 3,175 | 1,755 | 97% |
| Lot Size | 6,970 | 6,098 | 65% |
| Price | $579.0K | $447.0K | 95% |
| Price per sq ft | $182 | $247 | 5% |
| Built year | 2006 | 2000 | 73% |
| HOA | $184.0 | $43 | 79% |
| Days on market | 234 | 181 | 80% |
Pricing History
Listed for Sale
Jan 12, 2026
$579,000
$584,000
-1% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$584,000
$588,000
-1% Price Drop
Initial Listing
Price Change
Jul 16, 2025
$588,000
Initial Listing










































