
Hemet, California 92544
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $709,999—positioned well below the $881,873 Fair Market Value by 19%. This valuation gap offers $171,874 in Instant Equity for buyers. While the home maintains a Fair Condition Rating (4/10) requiring cosmetic updates, it features a private pool, spa, and half basketball court on a massive 22,651 sqft lot. Located near Hemet High School, this property is ideal for Value-Add Investors or Owner-Occupants seeking significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4782 E Lincoln Avenue Subject | $709,999* List Price | 4 | 4 | 3,555 | $248 | - |
A 42385 Mayberry Active | $697,000 List Price | 3 | 2 | 2,929 | $238 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the home is functional but dated. The kitchen features original oak cabinetry and mismatched appliances, while the bedrooms show worn carpeting and older fixtures. Although it includes modern additions like solar panels, the interior finishes and systems are past the 20-year mark and require cosmetic and minor mechanical updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 3555.
The property features a private half basketball court, a sparkling pool, and a spa on a generous half-acre lot, offering an exceptional environment for recreation and entertaining.
With over 3,500 square feet of interior space and a functional four-bedroom layout, this residence provides the scale and comfort required for large families or multi-generational living.
Built in 1991 and noted for its 'classic character,' the home may require cosmetic updates and interior refreshments to meet the aesthetic expectations of modern luxury buyers.
The extensive outdoor features, including the pool, spa, and large landscaped lot, will necessitate significant ongoing maintenance and higher utility costs for the homeowner.
This 4-bedroom, 3.5-bathroom residence offers a refined layout designed for both active living and effortless hosting. The interior is anchored by a fireplace and a spacious floor plan, with central air and heating ensuring the home remains a comfortable sanctuary in every season. The grounds are equally impressive, featuring a private half basketball court for morning drills and a sparkling pool and spa for cooling off. With lush front and backyards, an attached garage, and a wide driveway, the property provides plenty of space for both recreation and convenience. This is a home that balances classic character with the functional perks of a modern lifestyle. Perfectly situated for daily convenience, the home is located within a mile of top-rated local schools, including Hemet Elementary, Imagine Schools Hemet Dual Language Academy, and Hemet High School. Stay tuned for professional photography and more details!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 3,555 | 1,637 | 98% |
| Lot Size | 22,651 | 8,276 | 81% |
| Price | $710.0K | $460.0K | 91% |
| Price per sq ft | $200 | $284 | 10% |
| Built year | 1991 | 1978 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 157 | 2% |
May 24, 2026
$709,999
Initial Listing
Oct 22, 2019
$482,500
Public Record