5587 Paseo Famosa, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath

5587 Paseo Famosa
Hemet, California 92545
Property Price
SUMMARY
Analysis of 5587 Paseo Famosa, Hemet, California 92545 reveals a Fairly Priced Property with a current list price of $479,000 aligned with the estimated $466,394 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5587 Paseo Famosa Subject | $479,000* List Price | 2 | 2 | 2,130 | $219 | - |
A 5584 Corte Del Mar Sold | $485,000 | 3 | 2 | 2,030 | $239 | 0.1 mi |
B 5136 Via Bajamar Sold | $420,000 | 2 | 2 | 1,851 | $227 | 0.3 mi |
C 1654 Camino Cresta Sold | $438,000 | 2 | 2 | 1,851 | $237 | 0.3 mi |
D 5107 Via Bajamar Sold | $435,000 | 3 | 3 | 2,112 | $206 | 0.4 mi |
E 4510 Ferngreen Sold | $507,500 | 4 | 3 | 2,034 | $250 | 0.6 mi |
F 1968 Old Canyon Drive Sold | $515,000 | 3 | 2 | 2,201 | $234 | 0.5 mi |
G 5655 Corte Vallarta Pending | $479,000 List Price | 2 | 3 | 2,230 | $215 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2010, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and exceptionally well-maintained, featuring numerous high-end custom upgrades including crown molding, plantation shutters, and custom cabinetry throughout the kitchen, bathrooms, and laundry. While the kitchen and bathrooms are highly functional with added features like under-cabinet lighting and a water filtration system, they appear to be well-kept original installations rather than a full recent renovation. The addition of a climate-controlled garage and a sophisticated surveillance system further supports a high-quality 'good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Custom Upgrades
The residence is meticulously detailed with high-end finishes including crown molding, plantation shutters, custom cabinetry throughout, and a sophisticated 8-camera surveillance system for enhanced security.
- Climate-Controlled Garage
A rare and highly functional air-conditioned garage features a built-in workbench and extensive storage racks, providing a comfortable environment for hobbies and organized utility space.
- Resort-Style Community Amenities
Situated in the premier Solera Diamond Valley 55+ community, the property offers access to a luxury clubhouse, fitness center, multiple pools, and a vibrant social calendar.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two formal bedrooms for over 2,100 square feet of living space, the layout may feel restrictive for buyers requiring additional guest rooms or dedicated private offices.
- Age-Restricted Market
The 55+ community requirement limits the potential buyer pool to a specific demographic, which can result in a narrower resale market compared to traditional residential neighborhoods.
About 5587 Paseo Famosa
Welcome to Resort-Style Living in the 55+ Community of Solera Diamond Valley by Del Webb! This beautifully upgraded 55+ residence combines thoughtful design with comfort and convenience, offering a one-of-a-kind opportunity in Hemet’s premier active adult community. From the moment you arrive, you’ll notice the care and attention poured into every detail. Step inside to find elegant crown molding, plantation shutters, and custom cabinetry throughout the living room, office, craft room, laundry, and master bath. The tiled living room floor with carpet overlay gives you the flexibility of enjoying both tile and carpet. The kitchen is a true chef’s delight, featuring under-cabinet lighting, and a water filtration system. The air-conditioned garage offers exceptional functionality with a built-in workbench, storage racks, and generous space for a second refrigerator and freezer. Outside, you’ll love the xeriscape front yard with river rock, rain gutters, and a welcoming front gate and patio. The backyard is a private retreat, complete with a little fish hole, flagstone paving, bullnose edging, and drip irrigation for effortless maintenance. A dog door adds convenience for pet lovers, while the outdoor storage shed provides extra space for tools and hobbies. Comfort and peace of mind are built in with steel security screen doors, an all-house fan, and a comprehensive exterior surveillance system featuring eight cameras with night vision, motion detection, infrared augmentation, and a large monitor with two-week memory storage. In the master bathroom, you’ll appreciate the step-in shower and thoughtfully placed grab bars for ease and safety. Custom under-cabinet lighting in both the kitchen and office adds style and function. This is not just a home—it’s a lifestyle. Solera Diamond Valley offers resort-style amenities, including a clubhouse, pools, fitness center, walking trails, and a vibrant calendar of community events. Come see why this home stands out from the rest—schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2010
- Lot Size
- 7,841 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 • 1.2 mi
Winchester Elementary School
Grades K-5 • 3.4 mi
Diamond Valley Middle School
Grades 6-8 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,130 | 1,755 | 73% |
| Lot Size | 7,841 | 6,098 | 78% |
| Price | $479.0K | $447.0K | 65% |
| Price per sq ft | $225 | $247 | 33% |
| Built year | 2010 | 2000 | 87% |
| HOA | $255.0 | $43 | 95% |
| Days on market | 2 | 180 | 0% |
Pricing History
Listed for Sale
Mar 5, 2026
$479,000
Initial Listing
Sold
Aug 26, 2010
$273,000
Public Record
































































