
Hemet, California 92544
This Spacious Ranch-Style Home represents a Strong Value Opportunity, listed at $697,000—positioned well below the $657,391 Fair Market Value by -6%. Featuring a 36-panel solar system, dual A/C units, and a massive 0.37-acre lot, the property offers significant infrastructure value. With a Fair Condition Rating, the home provides a canvas for cosmetic updates to maximize long-term appreciation. Its flexible layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living potential and extensive RV parking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42385 Mayberry Subject | $697,000* List Price | 3 | 2 | 2,929 | $224 | - |
A 25894 Pleasant Sold | $545,000 | 3 | 3 | 2,158 | $253 | 0.8 mi |
B 41574 Lomas Street Sold | $565,000 | 3 | 2 | 1,923 | $294 | 1.0 mi |
C 42966 Avenida Gato Active | $579,000 List Price | 4 | 5 | 2,895 | $200 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property falls into the 'Fair' category due to its age and dated interior finishes. While the bathrooms have been partially remodeled and the home features excellent functional upgrades like a 36-panel solar system and dual A/C units, the kitchen remains dated with tile countertops and older cabinetry. The overall aesthetic and exterior clutter suggest the home is well-maintained but requires cosmetic modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 2929.
The expansive 3,425 sqft layout with 6 bedrooms and a massive 0.37-acre lot provides exceptional flexibility for large families, home businesses, or potential ADU/Jr. ADU conversions.
The property includes a fully paid-off 36-panel solar system, dual A/C units, and a whole-house fan, offering significant long-term savings on utility costs.
There is a notable discrepancy between the official data (3 beds/2,929 sqft) and the marketing description (6 beds/3,425 sqft), which may complicate the appraisal and financing process.
With only 2 bathrooms serving a potential 6-bedroom household, the plumbing infrastructure may be insufficient for high-occupancy living without further renovation.
Welcome to this beautiful home in desirable East Hemet. This spacious ranch-style single-story home offers flexibility for multigenerational living, a home-based business, or a possible ADU/Jr. ADU opportunities. Situated on a huge 0.37-acre lot (16,117 sq ft), this approximately 3,425 sqft home features 6 bedrooms, 2 bathrooms, and abundant indoor and outdoor living space. The home includes a paid-off 36-panel solar system, two A/C units, two fireplaces, and a whole-house fan. A circular driveway, original 2-car garage, and additional oversized permitted 2-car garage provide ample parking and storage, with RV access from both sides of the property. Enjoy beautiful mountain views from the front porch. Inside, the tile entry opens to a sunken living room with a wood-burning fireplace and picture window. The hallway leads to Bedrooms 1, 2, and 3, including the primary suite. The primary bathroom features tile countertops, a remodeled walk-in tile shower, and a single-sink vanity. The secondary bathroom has also been remodeled and includes a tile shower/tub combo, granite vanity, and a single sink. The oversized family kitchen is the heart of the home, featuring tile flooring, extensive cabinetry and counter space, tile countertops and backsplash, a movable island with bar seating, and three dining areas. Perfect for entertaining or large households, the kitchen also includes two gas ovens, a freestanding range/oven and separate wall oven. A laundry room/pass-through leads to the garage, with additional garage access from the kitchen. Double doors off the kitchen open to an enclosed breezeway and utility room, while French doors lead to the backyard. Interior French doors open to a versatile 6th bedroom, office, or bonus room connected to the oversized permitted garage. At the rear of the home is an expansive great room featuring a floor-to-ceiling brick fireplace with built-in shelving. Two additional small bedrooms are located off the great room, including one with built-in shelving and desk space. The backyard offers endless possibilities with an above-ground pool, two large wood sheds, garden planters, a chicken coop, a metal carport, a permitted patio cover, and a raised patio deck. Located within walking distance to schools and convenient for commuters, this well-established Riverside County neighborhood sits outside city limits and offers incredible potential for a variety of living arrangements and lifestyle needs. Don’t miss this unique opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,929 | 1,637 | 95% |
| Lot Size | 16,117 | 8,276 | 79% |
| Price | $697.0K | $460.0K | 91% |
| Price per sq ft | $238 | $284 | 27% |
| Built year | 1976 | 1978 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 157 | 2% |
May 8, 2026
$697,000
Initial Listing
May 24, 2024
$679,000
Public Record
Jul 11, 2005
$380,000
Public Record