530 Rainier Way, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath

530 Rainier Way, Hemet, California 92543 home-pic-0
ACTIVE$388,000
530 Rainier Way, Hemet, California 92543
2Beds
2Baths
1,418Sqft
5,663Lot
Year Built
1967
Close
-
List price
$388K
Original List price
$398K
Price/Sqft
$274
HOA
$130
Days on market
-
Sold On
-
MLS number
25525695
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $388.0K(41th), sqft - 1418(50th), beds - 2(42th), baths - 2(50th).

Prime Corner Lot with Mountain Views! Welcome to your ideal retreat in the highly sought-after Panorama Village 55+ community! Nestled on a charming corner lot with excellent curb appeal, this 2-bedroom, 2-bathroom single-family home with bonus office/den offers easy living, smart functionality, and an abundance of natural light. Step inside to discover 1,418 sq ft of comfortable, single-level living with no common walls, ideal for privacy and quiet enjoyment. The spacious bedrooms each feature direct access to bathrooms, while the versatile den/office is perfect for reading, hobbies, or guest overflow. A bright kitchen provides ample cabinetry and flows into a large enclosed patio room perfect for card games, morning coffee, or entertaining family and friends. Additional features include: Central A/C and heating, tile and carpet flooring, In-garage laundry, an attached garage for convenience, and Mountain views that create a serene and scenic setting, Enjoy resort-style amenities just steps from your door, including a golf course, clubhouse, heated pool and spa, and walking trails, all for a low HOA fee. Located in the heart of Hemet with nearby shopping, dining, and medical facilities, this home offers the perfect blend of community, comfort, and carefree living. Don't miss this chance to own a rare home in one of Hemet's most welcoming 55+ neighborhoods. Schedule your private tour today this one won't last!

Nearby schools

2/10
Whittier Elementary School
Public,K-50.5mi
3/10
Diamond Valley Middle School
Public,6-81.4mi
1/10
Aspire Community Day
Public,7-121.5mi
5/10
West Valley High School
Public,9-122.1mi
Condition Rating
Fair

Built in 1967, this property shows its age, particularly in the kitchen and bathrooms. The kitchen features dated fluorescent panel lighting and older-style cabinetry, while the bathroom has a very dated gold-framed shower enclosure and older tiles. Although some areas have newer-looking laminate flooring and a modern refrigerator, these are partial updates. The home is well-maintained and functional, but significant aesthetic updates are required in key areas to meet current standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Desirable 55+ Community & Amenities: Located in the highly sought-after Panorama Village 55+ community, offering resort-style amenities such as a golf course, clubhouse, heated pool, spa, and walking trails, all with a low HOA fee.
Prime Corner Lot with Mountain Views: The property boasts a prime corner lot with excellent curb appeal and offers serene mountain views, enhancing its aesthetic and privacy.
Functional Single-Level Layout: Features 1,418 sq ft of comfortable, single-level living with no common walls, including a versatile bonus office/den and a large enclosed patio room for extended living and entertaining.
Modern Comforts & Convenience: Equipped with central A/C and heating, in-garage laundry, and an attached garage, providing essential modern conveniences for comfortable living.
Abundant Natural Light: The home benefits from an abundance of natural light throughout, creating a bright and welcoming interior atmosphere.

Cons

Significant Overpricing Relative to Estimation: The current list price of $388,000 is substantially higher than the estimated property value of $288,738, indicating a potential overvaluation that could deter buyers and prolong market time.
Property Age & Potential for Updates: Built in 1967, the property is over 55 years old, which may imply a need for updates to systems or aesthetics to align with contemporary buyer preferences, despite being well-maintained.
Dated Flooring: The presence of tile and carpet flooring, while functional, might be considered dated by some prospective buyers and could necessitate replacement to meet current design trends.

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