474 Mistyblue Court, Hemet, California 92543, Hemet, 92543 - 3 bed, 3 bath
474 Mistyblue Court
Hemet, California 92543
Property Price
SUMMARY
Analysis of 474 Mistyblue Court, Hemet, California 92543 reveals a Prime Investment Opportunity with a current list price of $485,000—significantly undercutting the $522,616 Fair Market Value by 7%. This valuation gap indicates a +$37,616 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 474 Mistyblue Court Subject | $485,000* List Price | 3 | 3 | 2,180 | $240 | - |
A 2685 Moonshimmer Street Sold | $519,990 | 4 | 3 | 2,082 | $250 | 0.2 mi |
B 3042 Eveningcloud Street Sold | $515,000 | 3 | 2 | 2,083 | $247 | 0.2 mi |
C 2703 Moonshimmer Street Sold | $536,990 | 4 | 3 | 2,380 | $226 | 0.2 mi |
D 3142 Bellwood Street Sold | $570,000 | 4 | 4 | 2,332 | $244 | 0.3 mi |
E 3211 Bellwood Sold | $505,000 | 4 | 2 | 1,951 | $259 | 0.4 mi |
F 275 Planter Court Sold | $536,500 | 4 | 3 | 2,380 | $225 | 0.1 mi |
G 3065 Homeward Active | $525,000 List Price | 3 | 3 | 2,164 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2024, making it brand new and meeting the highest quality standards. It features modern upgrades such as quartz countertops, wood-look tile flooring, recessed lighting, and energy-efficient systems including paid solar panels and a tankless water heater. All components are new with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Smart Tech
The property features fully paid solar panels, a tankless water heater, and a comprehensive ADT security system, offering significant long-term cost savings and modern peace of mind.
- Modern Construction & Upgrades
Built in 2024, this home showcases contemporary design with quartz countertops, wood-look tile flooring throughout high-traffic areas, and a versatile layout including a loft and a bonus room.
- Premium Corner Lot
Situated on a desirable corner lot, the exterior provides an extended driveway, potential RV parking, and a spacious backyard that is already 'pool-sized' and ready for customization.
CONSRISKS & DEFICIENCIES
- Market Perception
The property has recently returned to the market and seen a price reduction from its original listing, which may cause potential buyers to be more cautious during negotiations.
- Commuter Location
Located in Hemet, the property may be less appealing to professionals who require daily access to major employment hubs in Orange County or Los Angeles due to significant travel times.
About 474 Mistyblue Court
Back on the market at no fault of seller. Welcome to McSweeney Farms, the best place to live in Hemet. This beautifully designed three-bedroom, 2.5-bath home offers 2,180 square feet of spacious and functional living with thoughtfully selected upgrades throughout. The interior opens to a light-filled great room featuring recessed lighting and a flexible bonus room ideal for a home office, playroom, or additional living space. The kitchen is the heart of the home and showcases an island with sink, quartz countertops, a walk-in pantry, and ample cabinetry for storage and entertaining. Wood-look tile flooring adds durability and style and extends throughout the entire downstairs, all bathrooms, and the laundry room. Upstairs, a generous loft provides additional living space, along with a large laundry room for added convenience. All three bedrooms feature walk-in closets and ceiling fans, offering comfort, functionality, and excellent storage. The 2.5 bathrooms are well-appointed and designed for everyday ease. Residents of McSweeney Farms enjoy a thoughtfully planned community featuring multiple parks, walking and biking trails, open green spaces, and recreational areas designed for an active lifestyle. The community offers a welcoming neighborhood atmosphere with convenient access to local shopping, dining, schools, and nearby outdoor recreation, making it an ideal place to call home. Situated on a desirable corner lot, the exterior offers an extended driveway, welcoming front porch, and a pool-sized backyard with possible RV parking. The backyard is designed for both relaxation and future customization and includes a patio, gravel side yard, and block and vinyl fencing. A French door slider creates seamless indoor-outdoor flow. Additional highlights include paid solar panels, a tankless water heater, water softener, and a 240V outlet in the garage. The home is also equipped ADT-controlled security system featuring a central panel, wireless door and window, a main floor motion sensor, front door camera/doorbell, side cameras, and motion-activated lighting and camera coverage for the garage, adding peace of mind and modern convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $194.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 2,180 | 1,343 | 82% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $485.0K | $415.0K | 72% |
| Price per sq ft | $222 | $278 | 24% |
| Built year | 2024 | 1977 | 90% |
| HOA | $194.0 | $0 | 78% |
| Days on market | 57 | 159 | 9% |
Pricing History
Listed for Sale
Mar 1, 2026
$485,000
$500,000
-3% Price Drop
Initial Listing
Price Change
Feb 3, 2026
$500,000
$538,500
-7% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$538,500
Initial Listing
Sold
Jul 31, 2024
$542,000
Public Record