
Winchester, California 92596
This Modern Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $507,000—positioned well below the $507,000 Fair Market Value (priced at market stability). Built in 2022, the property maintains an Excellent Condition Rating with contemporary systems and a spacious lot. While the short sale status requires patience, the low $48 association fee and modern construction minimize long-term maintenance costs. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turn-key home in the Hemet Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32201 Rambling Court Subject | $495,000* List Price | 3 | 3 | 1,824 | $271 | - |
A 29443 Canteen Sold | $575,000 | 3 | 3 | 1,821 | $316 | 0.2 mi |
B 29451 Beeler Sold | $595,000 | 3 | 3 | 1,868 | $319 | 0.3 mi |
C 29092 Aubrey Circle Sold | $549,900 | 3 | 2 | 1,750 | $314 | 0.6 mi |
D 29653 Crockett Court Sold | $590,362 | 3 | 3 | 1,758 | $336 | 0.3 mi |
E 32323 Roman Warren Sold | $555,000 | 3 | 2 | 1,950 | $285 | 0.2 mi |
F 29460 Bamboo Court Sold | $573,800 | 3 | 3 | 1,868 | $307 | 0.4 mi |
G 32057 Rambling Court Sold | $613,000 | 3 | 2 | 1,948 | $315 | 0.2 mi |
H 29032 Aubrey Cir Sold | $518,000 | 3 | 2 | 1,750 | $296 | 0.6 mi |
I 29476 Canteen Pending | $580,000 List Price | 3 | 3 | 2,021 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is only 2-3 years old, well within the <10-year threshold for excellent condition. The home features modern construction, contemporary HVAC and electrical systems, and a turn-key interior with neutral finishes and recessed lighting. While the front yard requires landscaping, the structure and interior systems are in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1824.
Built in 2022, this nearly new home offers modern building standards, energy-efficient features, and contemporary aesthetics that appeal to today's buyers.
As an approved short sale priced at $507,000, this property represents a significant value opportunity to acquire a modern residence below typical market rates.
The short sale nature of the transaction can lead to more rigorous lender requirements and potentially longer closing timelines than a standard equity sale.
With 266 days on the market, the property may carry a stigma or suggest previous transaction difficulties that could concern traditional buyers.
APPROVED SHORT SALE AMAZING PRICE AND GREAT OPPURTUNITY TO OWN THIS PROPERTY BUILT IN 2022. PROPERTY IS ALMOST TURN KEY
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,824 | 2,311 |
| Lot Size | 8,276 | 6,970 |
| Price | $495.0K | $636.6K |
| Price per sq ft | $271 | $284 |
| Built year | 2022 | 2022 |
| HOA | $48.0 | $50 |
| Days on market | 322 | 70 |
Jul 8, 2026
$495,000
$507,000
-2% Price Drop
Initial Listing
May 22, 2026
$507,000
$525,000
-3% Price Drop
Initial Listing
Sep 3, 2025
$525,000
Initial Listing