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

5587 Paseo Famosa, Hemet, California 92545 home-pic-0

5587 Paseo Famosa

Hemet, California 92545

ACTIVE
CONDITION: GOOD
2Beds
2Baths
2,130Sq Ft
7,841Lot Size

Property Price

LIST PRICE$479,000
EST. MARKET VALUE
$466,394

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

$466,394
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
5587 Paseo Famosa
Subject
$479,000*
List Price
222,130$219-
A
5584 Corte Del Mar
Sold
$485,000322,030$2390.1 mi
B
5136 Via Bajamar
Sold
$420,000221,851$2270.3 mi
C
1654 Camino Cresta
Sold
$438,000221,851$2370.3 mi
D
5107 Via Bajamar
Sold
$435,000332,112$2060.4 mi
E
4510 Ferngreen
Sold
$507,500432,034$2500.6 mi
F
1968 Old Canyon Drive
Sold
$515,000322,201$2340.5 mi
G
5655 Corte Vallarta
Pending
$479,000
List Price
232,230$2150.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

5/10

Winchester Elementary School

Grades K-5 • 3.4 mi

3/10

Diamond Valley Middle School

Grades 6-8 • 3.5 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 foot2,1301,755
73%
Lot Size7,8416,098
78%
Price$479.0K$447.0K
65%
Price per sq ft$225$247
33%
Built year20102000
87%
HOA$255.0$43
95%
Days on market2180
0%

Pricing History

Listed for Sale

Mar 5, 2026

$479,000

Initial Listing

Sold

Aug 26, 2010

$273,000

Public Record

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