42150 Margoni Way, Hemet, California 92544, Hemet, 92544 - 6 bed, 4 bath
42150 Margoni Way
Hemet, California 92544
Property Price
SUMMARY
Analysis of 42150 Margoni Way, Hemet, California 92544 is currently available with a list price of $1,849,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The main house was built in 2005, placing it within the 'Good' category for age (10-20 years old). While interior photos of the kitchen and bathrooms for the main house are not provided, the property description does not indicate any immediate renovation needs for the primary residence. The planned installation of 24+KW solar panels and 2 Tesla whole home backup batteries suggests ongoing investment and modernization. The overall property includes a manufactured home and extensive land, with the main house being the primary dwelling, and its age suggests it should be move-in ready with functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- Vast Acreage & Subdivision Potential
The property spans over 13 acres, including a separate 1.3-acre vacant corner lot with utilities, and the seller has initiated a subdivision application, presenting significant development or investment opportunities.
- Multi-Unit Income/Flexibility
Includes a separate 3-bedroom, 2-bathroom manufactured home with its own street address and utilities, ideal for rental income, multi-generational living, or caretaker's quarters.
- Equestrian Ready Facilities
Equipped with a 5-stall stable barn, office space, and water connection, making it a true horse property catering to equestrian enthusiasts.
CONSRISKS & DEFICIENCIES
- Complex Due Diligence Required
The property's diverse components (multiple dwellings, vacant lot, subdivision application) necessitate extensive buyer investigation into zoning, permits, and allowable uses with local authorities.
- High Maintenance Demands
A 13+ acre property with multiple structures and equestrian facilities implies significant ongoing maintenance, landscaping, and operational costs for the owner.
- Geographic Location
Located in Hemet, the property's appeal may be limited to buyers specifically seeking a rural or exurban lifestyle, potentially impacting market liquidity compared to more central or high-demand areas.
About 42150 Margoni Way
Single Story single level house (4B/3b) on a huge lot (13+ acres) that also includes: 3B/2b manufactured home, large living room, own street address and own electrical and water meters and detached car garage + large metal warehouse (arch style-like a blimp hanger) + 5-stall stable barn with office space with water connection + 1.3 vacant corner lot with water and electrical connection. Soon to be installed on the main house: 24+KW solar panels + 2 Tesla whole home backup batteries. Horse property. Seller already submitted initial application for subdivision. Bring your own custom project. Buyer & buyer's agent to do their own due diligence/ investigations to verify all info w/the city or county for allowable uses, requirements & rely on their own investigations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 572,814 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 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 | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 3,643 | 1,646 | 96% |
| Lot Size | 572,814 | 8,276 | 98% |
| Price | $1.85M | $455.0K | 99% |
| Price per sq ft | $508 | $284 | 99% |
| Built year | 2005 | 1980 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 177 | 46% |
Pricing History
Listed for Sale
Sep 21, 2025
$1,849,000
Initial Listing