42150 Margoni Way, Hemet, California 92544, Hemet, 92544 - 6 bed, 4 bath
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Hemet, California 92544
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.
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The kitchen features functional granite countertops and stainless steel appliances, and the home shows no signs of deferred maintenance. The significant investment in a new 24KW solar system and Tesla backup batteries further enhances the property's modern utility systems despite the mid-2000s interior styling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 572814, living area = 3643.
The property features a primary 4-bedroom residence plus a secondary 3-bedroom manufactured home with its own street address and utility meters, offering excellent potential for rental income or multi-generational living.
Spanning over 13 acres with an active subdivision application already submitted and a separate 1.3-acre vacant corner lot, this estate provides significant value-add opportunities for investors or custom developers.
Managing 13+ acres, multiple residential structures, a large warehouse, and equestrian facilities requires substantial ongoing labor, time, and financial investment for upkeep.
The complexity of the subdivision process and verifying allowable uses with the city or county places a heavy investigative burden on the buyer to ensure the project's feasibility.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,643 | 1,653 | 97% |
| Lot Size | 572,814 | 8,712 | 97% |
| Price | $1.85M | $460.0K | 99% |
| Price per sq ft | $508 | $282 | 98% |
| Built year | 2005 | 1979 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 213 | 181 | 70% |
Sep 21, 2025
$1,849,000
Initial Listing