501 Palmer Dr, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
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Hemet, California 92543
This Thoroughly Renovated Single-Level Residence is a High-Potential Investment Opportunity, listed at $320,000—positioned well below the $360,766 Fair Market Value by 11%. This valuation gap provides $40,766 in Instant Equity. Boasting an Excellent Condition Rating, the home features fully owned solar, a brand-new HVAC system, and a designer quartz kitchen with stainless appliances. Located in the Hemet Unified district near the Echo Hills golf course, the property offers mountain views and modern energy efficiency. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a polished, maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Palmer Dr Subject | $320,000* List Price | 2 | 2 | 1,224 | $295 | - |
A 926 E Johnston Sold | $415,000 | 2 | 2 | 1,268 | $327 | 0.5 mi |
B 527 Fern Sold | $380,000 | 2 | 2 | 1,175 | $323 | 0.7 mi |
C 520 Palmer Drive Sold | $310,000 | 2 | 2 | 1,219 | $254 | 0.0 mi |
D 640 Vista De Loma Sold | $410,000 | 3 | 2 | 1,398 | $293 | 0.2 mi |
E 1258 Turquoise Sold | $415,000 | 3 | 2 | 1,426 | $291 | 0.6 mi |
F 1126 Lucerne Pending | $389,900 List Price | 2 | 2 | 1,216 | $321 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1962 home has undergone an extensive, top-to-bottom renovation within the last 5 years, effectively bringing it to new-construction standards. The property features a completely new kitchen with stainless steel appliances and quartz countertops, fully remodeled bathrooms with modern fixtures, and new durable flooring throughout. Major system upgrades include a brand-new HVAC (2026), owned solar (2023), an upgraded electrical panel (2023), and new energy-efficient windows and doors, leaving no deferred maintenance.
The property features a fully owned solar system (2023), a brand-new HVAC system (2026), and an upgraded electrical panel, offering significant long-term cost savings and mechanical reliability.
This home is completely move-in ready, boasting a brand-new kitchen with stainless steel appliances, fully remodeled bathrooms, new flooring, and fresh interior/exterior paint throughout.
Situated near the Echo Hills golf course and community amenities, the property offers an active lifestyle with a very affordable $65 monthly association fee.
The assigned public schools have relatively low ratings (ranging from 1 to 5), which may limit the property's appeal to families prioritizing high-performing educational districts.
With only two bedrooms and approximately 1,224 square feet of living space, the home may feel restrictive for larger families or those requiring a dedicated home office or guest room.
Welcome home to 501 Palmer Drive. A thoroughly renovated 2 bedroom 2 bathroom home that offers comfortable and modern single level living in the heart of sunny, Hemet California. This turn key property boasts an all new kitchen showcasing stylish countertops, tasteful cabinetry, and stainless steel appliances. Both of the bathrooms have been completely remodeled featuring modern fixtures, cabinets, and finishes to go along with the rest of the home. The open floor plan is enhanced by superb natural lighting, and all new durable modern flooring throughout. The interior and exterior have been entirely painted giving the home a modern, bright and cheery feel. Moving to the outside you will find fresh low maintenance landscaping that is ready for your personal touch. Important upgrades to mention include, a fully OWNED solar system installed in 2023 that powers the home entirely. An upgraded electrical panel installed in 2023. New slider doors and windows installed, offering modern energy efficiency. A full brand new HVAC system installed recently in 2026, along with new exterior doors, and upgrades to the plumbing access were also made to the property. This home is truly all brand new and ready to go for years to come, also it's worth the mention that this home has fantastic neighbors! Located close in proximity to the community clubhouse/pool, as well as close by to Echo Hills golf course.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 7-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,224 | 1,349 | 40% |
| Lot Size | 5,227 | 6,534 | 23% |
| Price | $320.0K | $417.0K | 22% |
| Price per sq ft | $261 | $290 | 39% |
| Built year | 1962 | 1976 | 28% |
| HOA | $65.0 | $0 | 61% |
| Days on market | 21 | 181 | 1% |
Apr 1, 2026
$320,000
Initial Listing
Dec 30, 2010
$67,000
Public Record