5405 Paseo Famosa, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath

5405 Paseo Famosa, Hemet, California 92545 home-pic-0

5405 Paseo Famosa

Hemet, California 92545

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,782Sq Ft
5,663Lot Size

Property Price

LIST PRICE$425,000
EST. MARKET VALUE
$429,960

SUMMARY

Analysis of 5405 Paseo Famosa, Hemet, California 92545 reveals a Fairly Priced Property with a current list price of $425,000  aligned with the estimated $429,960 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$429,960
Based on Realkey algorithm analyzing recent comparable sales in Hemet.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5405 Paseo Famosa
Subject
$425,000*
List Price
221,782$241-
A
5136 Via Bajamar
Sold
$420,000221,851$2270.2 mi
B
1654 Camino Cresta
Sold
$438,000221,851$2370.2 mi
C
5675 Corte Benisa
Sold
$400,000221,442$2770.3 mi
D
4510 Ferngreen
Sold
$507,500432,034$2500.5 mi
E
1525 Corte Alamonte
Sold
$380,000221,661$2290.1 mi
F
5107 Via Bajamar
Sold
$435,000332,112$2060.3 mi
G
1436 Via Rojas
Pending
$439,000
List Price
221,734$2530.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2011, this property is well within the 10-20 year age bracket for a 'good' rating. It is move-in ready with a modern open-concept kitchen featuring granite countertops and stainless steel appliances. The home shows pride of ownership with well-maintained tile and upgraded bedroom flooring, plantation shutters, and a fully functional outdoor living space, requiring no immediate renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • Premium Lot Location

    The property backs directly onto the community walking path (Paseo), offering rare privacy, open space views, and immediate access to outdoor recreation within the Solera Diamond Valley community.

  • Move-In Ready Upgrades

    The home features high-quality finishes including granite countertops, plantation shutters, and stainless steel appliances, with the refrigerator, washer, and dryer included for a seamless transition.

  • Versatile Living Space

    The 1,782 square foot floor plan is thoughtfully designed with an open-concept layout and a dedicated den/office, providing flexibility for remote work or additional hobby space.

CONSRISKS & DEFICIENCIES

  • Age-Restricted Demographic

    Located in a 55+ active adult community, the property is limited to a specific buyer demographic, which naturally restricts the potential pool of future purchasers.

  • Recurring HOA Expenses

    The monthly association fee of $255 represents a significant ongoing carrying cost that must be factored into the buyer's long-term monthly budget.

About 5405 Paseo Famosa

Homes on the Paseo in the 55+ Solera Diamond Valley Community rarely become available — and this is one you don’t want to miss. Backing directly to the community walking path this special lot offers open space, added privacy, and a peaceful setting that truly sets it apart. Beautiful drought-tolerant landscaping creates impressive curb appeal while keeping maintenance simple. Inside, the open-concept floor plan is light, airy, and designed for comfortable everyday living. Tile flooring flows through the main areas, plantation shutters add timeless character, and upgraded flooring warms the bedrooms and den/office. The kitchen is both functional and inviting, featuring stainless steel appliances, granite countertops, a full tile backsplash, bartop seating, and a spacious walk-in pantry. Refrigerator, washer, and dryer are included for a seamless move-in experience. This thoughtfully designed layout offers 2 bedrooms, 2 baths, and a versatile den/office. The primary suite is generously sized with an oversized walk-in closet and a bathroom complete with both a soaking tub and step-in shower. The laundry room includes additional storage cabinets for added convenience. Step outside and enjoy the lifestyle that makes Solera Diamon Valley so desirable. The backyard opens directly to the Paseo and is enhanced by a pergola and California patio cover — perfect for morning coffee, evening gatherings, or simply enjoying the quiet surroundings. The side yard features low-maintenance artificial turf for added flexibility and ease. A rare Paseo location combined with quality upgrades and effortless indoor-outdoor living makes this home stand out in all the right ways.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2011
Lot Size
5,663 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$255.0 / Month

Neighborhood Insights

Hemet Unified Schools

Harmony Elementary School

Grades K-5 • 1.1 mi

5/10

Winchester Elementary School

Grades K-5 • 3.5 mi

3/10

Diamond Valley Middle School

Grades 6-8 • 3.4 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
34%
Baths2.02.0
50%
Square foot1,7821,755
53%
Lot Size5,6636,098
39%
Price$425.0K$445.0K
43%
Price per sq ft$238$247
43%
Built year20112000
88%
HOA$255.0$43
95%
Days on market6180
0%

Pricing History

Listed for Sale

Mar 1, 2026

$425,000

Initial Listing

Sold

Oct 18, 2018

$312,000

Public Record

Sold

May 11, 2017

$305,000

Public Record

Sold

Mar 30, 2012

$219,000

Public Record

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