
Hemet, California 92545
This Modern 2021-Built Residence is a Strong Value Opportunity, with a List Price of $449,900—positioned well below the $474,341 Fair Market Value by 5%. This valuation gap provides $24,441 in Instant Equity for buyers. Featuring a Condition Rating of 2, the interior offers a contemporary open-concept layout with a downstairs bedroom, spacious loft, and tankless water heater. While the exterior requires minor cosmetic cleanup, the property includes solar panels and access to Saddle Point community amenities. Located in the Hemet Unified district, it is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5564 Spur Drive Subject | $449,900* List Price | 4 | 3 | 2,207 | $215 | - |
A 1718 Chute Dr Sold | $525,000 | 4 | 3 | 2,416 | $217 | 0.1 mi |
B 5280 Coyote Street Sold | $512,000 | 4 | 3 | 2,591 | $198 | 0.3 mi |
C 1961 Old Steel Sold | $504,000 | 3 | 2 | 1,948 | $259 | 0.2 mi |
D 1792 Bronco Road Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.1 mi |
E 1968 Old Canyon Drive Sold | $515,000 | 3 | 2 | 2,201 | $234 | 0.2 mi |
F 5109 Rowel Street Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.3 mi |
G 1948 Earp Active | $509,900 List Price | 4 | 3 | 2,207 | $231 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets the criteria for a home built within the last 10 years. The interior features modern open-concept styling, contemporary laminate flooring, recessed lighting, and updated appliances. Major systems, including the HVAC, tankless water heater, and solar panels, are within their initial high-efficiency lifespan. Although the exterior yard requires minor cosmetic cleanup and weeding, the structural components and interior finishes represent high-quality, modern construction with minimal physical depreciation.
Built in 2021, this home features a desirable open-concept design with a downstairs bedroom and full bath, providing an ideal setup for guests or multigenerational living.
Located in the Saddle Point community, the property benefits from a low tax rate and low HOA fees while offering access to a pool, clubhouse, and scenic walking trails.
Priced competitively as a short sale with a recent price reduction, this newer home offers a significant opportunity for buyers to build equity through minor cosmetic yard improvements.
As a short sale, the transaction is subject to lender approval, which typically involves longer processing times and less certainty than a traditional real estate sale.
The exterior yards require cleanup and landscaping, necessitating an immediate investment of time or capital from the buyer to restore the property's curb appeal.
Discover an incredible opportunity in the desirable Saddle Point community of Hemet. This newer 4-bedroom, 3-bath home offers 2,207 sq ft of open-concept living on a perfectly sized 5,227 sq ft lot, with a layout designed for comfort and flexibility. The downstairs bedroom and full bathroom create an ideal setup for guests or multigenerational living, while the large upstairs loft easily serves as an office, game room, or second living area. The home features a spacious kitchen with an oversized island, a bright open floor plan, tankless water heater, low solar lease payment, and a concrete patio ready for outdoor entertaining. The property is fully fenced with vinyl and block wall fencing for added privacy. The exterior yards are due for some cleanup, and buyers with vision will appreciate the value this creates. The interior is in livable condition and not in disrepair, offering a great opportunity to personalize and build equity in a sought-after neighborhood. Located in Saddle Point, residents enjoy low HOA fees, a community pool, clubhouse, playground, and scenic walking trails. The neighborhood also benefits from a low tax rate, making this home even more appealing. This is a short sale, presenting a rare chance to purchase a newer home in a desirable community at a compelling value. All terms are subject to lender approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,207 | 1,809 | 73% |
| Lot Size | 5,227 | 6,098 | 31% |
| Price | $449.9K | $455.0K | 48% |
| Price per sq ft | $204 | $247 | 16% |
| Built year | 2021 | 2001 | 91% |
| HOA | $110.0 | $43 | 68% |
| Days on market | 53 | 180 | 2% |
Mar 30, 2026
$449,900
$488,000
-8% Price Drop
Initial Listing
Feb 28, 2026
$488,000
Initial Listing
Apr 27, 2022
$509,500
Public Record