40330 Indian Tree St, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath
Loading property details...
Hemet, California 92544
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $561,617 Fair Market Value by -11%. While the pricing reflects a premium, the 39,204 sqft lot and ADU inclusion offer significant long-term utility. With a Condition Rating of 5, the home requires a full cosmetic rehab to modernize its original 1988 finishes. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of executing a value-add renovation to maximize the property's inherent versatility.
Property is extensive renovation needed.
Built in 1988 (36 years old), the property appears to be in mostly original condition. The kitchen and bathrooms feature dated oak cabinetry, fluorescent light boxes, and tile countertops consistent with the year built. The presence of popcorn ceilings and original carpeting—including in the bathroom—indicates the home requires a full cosmetic rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39204, living area = 2398.
The inclusion of an ADU (Accessory Dwelling Unit) provides exceptional value, offering opportunities for rental income, guest accommodations, or multigenerational living.
Situated on nearly an acre (39,204 sqft), the property offers rare outdoor space and privacy, providing endless possibilities for recreation, gardening, or further development.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
For a home of nearly 2,400 square feet, the presence of only two bathrooms may be a functional limitation for larger households or guests.
Built in 1988, the home may require updates to major systems or cosmetic modernizations to meet the expectations of contemporary buyers seeking move-in-ready conditions.
Don't miss this incredible opportunity to own a spacious Hemet property offering the perfect combination of comfort, versatility, and breathtaking views. Situated on a generous lot, this home features oversized bedrooms, an open kitchen and living area that's perfect for entertaining, and an ADU ideal for multigenerational living, guests, or rental income. With endless outdoor possibilities and plenty of space to enjoy, this is a rare property you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,398 | 1,544 |
| Lot Size | 39,204 | 6,970 |
| Price | $625.0K | $446.9K |
| Price per sq ft | $261 | $263 |
| Built year | 1988 | 1988 |
| HOA | $0 | $130 |
| Days on market | 16 | 65 |
Jul 6, 2026
$625,000
Initial Listing
Sep 29, 2022
$570,000
Public Record