41699 Acacia Avenue, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath

41699 Acacia Avenue
Hemet, California 92544
Property Price
SUMMARY
Analysis of 41699 Acacia Avenue, Hemet, California 92544 is currently available with a list price of $1,100,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1936 Mediterranean estate is well-maintained but features original 'retro' elements throughout. The kitchen and bathrooms contain vintage tiling and dated cabinetry that, while functional, have not been modernized in over 30 years. The property shows signs of age consistent with a well-kept but outdated home requiring cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 388555, living area = 3374.
- Significant Development Potential
Set on nearly 9 acres within an Opportunity Zone, this property offers rare investment upside with the potential to subdivide into 9,000 sq ft lots for residential development.
- Historic Architectural Character
The 1936 Mediterranean-style estate features unique vintage elements, including wood-paneled ceilings, a grand fireplace, and a charming retro kitchen that provide timeless appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =388555, other record lot size in square feet = 30927.
- Extensive Modernization Required
Given its 1936 construction and 'retro' features, the home likely requires significant capital investment to update systems, tiling, and finishes to meet modern buyer expectations.
- Development Complexity
While the subdivision potential is high, navigating Riverside County's approval process and the infrastructure costs for a multi-lot division presents a complex challenge for buyers.
About 41699 Acacia Avenue
Experience the enduring appeal of this charming 1936 Mediterranean-style estate at 41699 Acacia Avenue in Hemet, CA 92544, set on approximately 8.92 acres that include the main parcel and an adjacent vacant land parcel. This vintage home features spacious bedrooms—with two upstairs and a third plus primary downstairs—a sunny retro kitchen with built-in breakfast nook, vintage tiling, and glass cabinet doors, a formal living room boasting a wood-paneled ceiling and grand fireplace, retro bathrooms, and a massive finished basement with knotty pine ceilings ideal for storage, recreation, family gatherings, or guest quarters. Outside, enjoy mature trees, multiple brick patios, full wrought-iron fencing with gated access, a detached two-car garage offering potential for ADU conversion, and extensive concrete parking for RVs or toys. Situated in an Opportunity Zone with medium-density characteristics, buyers should confirm subdivision possibilities with the County of Riverside, potentially allowing division into 9,000 sq ft lots for enhanced development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 388,555.188 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,374 | 1,646 | 96% |
| Lot Size | 388,555.188 | 8,276 | 96% |
| Price | $1.10M | $455.0K | 99% |
| Price per sq ft | $326 | $284 | 76% |
| Built year | 1936 | 1980 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 177 | 4% |
Pricing History
Listed for Sale
Jan 16, 2026
$1,100,000
Initial Listing






































