40722 Stetson, Hemet, California 92544, Hemet, 92544 - 5 bed, 3 bath
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Hemet, California 92544
This Turnkey Multi-Generational Property is a Prime Investment Opportunity, listed at $529,900—positioned well below the $550,493 Fair Market Value by 3%. This valuation gap offers $20,593 in Instant Equity for the buyer. Featuring a completely remodeled main home and a 400 sq. ft. detached ADU, the property holds a Mint Condition Rating. With modern quartz finishes and a spacious lot, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40722 Stetson Subject | $529,900* List Price | 5 | 3 | 2,075 | $265 | - |
A 40448 Marsha Court Sold | $483,000 | 3 | 2 | 1,573 | $307 | 0.4 mi |
B 27031 Yale Sold | $429,000 | 3 | 2 | 1,405 | $305 | 0.1 mi |
C 40466 Lockhart Lane Sold | $450,000 | 3 | 2 | 1,465 | $307 | 0.3 mi |
D 1509 Lucerne Sold | $489,999 | 3 | 2 | 1,759 | $279 | 0.5 mi |
E 41487 Merriwood Sold | $465,000 | 3 | 2 | 1,452 | $320 | 0.9 mi |
F 26560 Cornell Sold | $500,000 | 4 | 2 | 1,660 | $301 | 0.7 mi |
G 41179 Collegian Way Active | $505,000 List Price | 4 | 2 | 2,087 | $242 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last year, featuring a brand-new kitchen with quartz countertops and white shaker cabinets, new vinyl plank flooring, and updated recessed lighting. Systems appear updated with a new mini-split HVAC in the ADU and a fresh roof, meeting the criteria for mint condition with no maintenance required.
The property includes a 400 sqft detached ADU, providing excellent potential for rental income or a private space for multi-generational living.
Completely remodeled with modern finishes including quartz countertops, new vinyl plank flooring, and updated cabinetry, offering a move-in ready experience.
With 5 bedrooms and 3 bathrooms across over 2,000 sqft of living space, this home offers a rare and functional layout for large families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2075, other record living area = 1366. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property was recently sold within the past year on 2026-02-20. The sold price is $318,500.00.
Originally built in 1955, the property may have aging underlying systems such as plumbing or electrical that were not fully addressed in the cosmetic remodel.
Beautifully Remodeled Single Story Home with ADU for Sale in Hemet, CA. This Home is Completely Remodeled and features 2,075 Sq. Ft. Total, 1,675 Sq. Ft. in Main Home and 400 Sq. Ft detached ADU. Large Lot at 7,405 Sq. Ft. New Light-Wood Colored Vinyl Plank Flooring, New Lovely Grey Paint, Completely Remodeled Kitchens & Bathrooms w/ White Cabinets & Quartz Counter-tops, Ceiling Fans, Recess Lighting, Inside Laundry Area, 2-Car Attached Garage on Main House, Spacious Backyard. Near all amenities, including shopping centers, parks, entertainment, grocery stores, schools, banks, and restaurants. This home is a Beauty and has a lot to offer! ADU is perfect for multi-generational living or income property. Thank you for showing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,075 | 1,544 |
| Lot Size | 7,405 | 6,970 |
| Price | $529.9K | $446.9K |
| Price per sq ft | $255 | $263 |
| Built year | 1955 | 1988 |
| HOA | $0 | $130 |
| Days on market | 12 | 65 |
Jul 10, 2026
$529,900
Initial Listing
Feb 20, 2026
$318,500
Public Record