
Hemet, California 92544
Analysis of 41531 Acacia, Hemet, California 92544 is currently available with a list price of $1,050,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1941 with no evidence of major renovations. The listing explicitly cites 'significant deferred maintenance' and states the home is ideal for removal, with the primary value being the 9-acre land. Interior photos show original acoustic tile ceilings, dated window AC units, and structural wear consistent with a property at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 393347, living area = 2984.
The rare 9.03-acre flat, usable parcel offers significant subdivision potential with a public sewer line conveniently located on Acacia St, making it a prime opportunity for builders and developers.
The expansive acreage provides endless possibilities for equestrian facilities, orchards, workshops, or a private family compound, catering to a wide range of lifestyle and agricultural needs.
The existing 1941 residence is in poor condition and requires substantial renovation or complete removal, necessitating a large capital investment beyond the purchase price.
Maximizing the property's value requires navigating the subdivision process and verifying development potential with the County of Riverside, which involves time and regulatory uncertainty.
1941 Home on 9.03 Flat Usable Acres – 41531 Acacia St, East Hemet, CA This 1941 single-family home offers approximately 2,984 sq ft with 4 bedrooms and 3 bathrooms on a rare 9.03-acre flat parcel in East Hemet. The property presents a major opportunity for buyers seeking renovation potential, complete redevelopment, or a fresh start. The existing residence shows significant deferred maintenance and is ideal for substantial updates or removal. With generous room sizes and a functional layout, it serves as a temporary residence while plans come together. The real value lies in the land: over 9 acres of level, usable terrain with strong potential for subdivision. Builders and developers will appreciate the possibilities for custom homes, estates, or multi-parcel development. Public sewer line runs along Acacia St, making utilities convenient for new construction or expansion, while end-users can create equestrian facilities, orchards, gardens, workshops, guest housing, or private compounds. Conveniently located in East Hemet near local amenities, Diamond Valley Lake, wineries, and easy access to Temecula, Palm Springs, and Southern California hubs. A rare large-acreage opportunity perfect for visionary buyers and builders alike. Please verify info/subdivision/development potential with the County of Riverside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 2,984 | 1,620 | 95% |
| Lot Size | 393,347 | 8,276 | 95% |
| Price | $1.05M | $461.5K | 98% |
| Price per sq ft | $352 | $284 | 84% |
| Built year | 1941 | 1978 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 156 | 4% |
May 1, 2026
$1,050,000
Initial Listing