5658 Paseo Famosa, Hemet, California 92545, Hemet, 92545 - 3 bed, 3 bath

5658 Paseo Famosa
Hemet, California 92545
Property Price
SUMMARY
Analysis of 5658 Paseo Famosa, Hemet, California 92545 reveals a property with a current list price of $529,000, which is 8% above the estimated $484,131 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 5658 Paseo Famosa Subject | $529,000* List Price | 3 | 3 | 2,112 | $229 | - |
A 5107 Via Bajamar Sold | $435,000 | 3 | 3 | 2,112 | $206 | 0.4 mi |
B 5584 Corte Del Mar Sold | $485,000 | 3 | 2 | 2,030 | $239 | 0.1 mi |
C 5247 Paseo Callado Sold | $495,000 | 3 | 2 | 2,368 | $209 | 0.3 mi |
D 4510 Ferngreen Sold | $507,500 | 4 | 3 | 2,034 | $250 | 0.7 mi |
E 1619 Elmbridge Lane Sold | $480,000 | 5 | 2 | 1,947 | $247 | 0.5 mi |
F 5207 Via Bajamar Sold | $469,900 | 3 | 3 | 2,112 | $222 | 0.4 mi |
G 1669 Via Simpatico Active | $484,900 List Price | 3 | 3 | 2,230 | $217 | 0.3 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 description highlights 'beautifully upgraded and meticulously maintained' features, including granite countertops, tile flooring, crown molding, and plantation shutters. Images confirm a very clean and well-kept interior with modern-era finishes in the kitchen (dark cabinets, stainless steel appliances, granite) and bathrooms (double vanity, soaking tub, walk-in shower in primary). All systems appear well-maintained with minimal wear and tear, making it move-in ready with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Detached Casita
The property features a rare detached 1 bedroom, 1 bathroom casita, offering exceptional flexibility for guests, a home office, art studio, or multi-generational living.
- Premium 55+ Community Lifestyle
Located in the highly sought-after Solera Diamond Valley by Del Webb, providing access to exclusive amenities and a tailored, active adult lifestyle.
- Extensive Upgrades & Meticulous Maintenance
Beautifully upgraded with high-end finishes including plantation shutters, solar tubes, tile flooring, crown molding, granite countertops, and a newly landscaped front yard, indicating move-in readiness.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
Being a 55+ community property, it significantly limits the potential buyer pool, which could impact marketability and resale value for non-qualifying buyers.
- History of Price Reductions
The property has undergone multiple price reductions from its original list price, potentially signaling market resistance or initial overpricing, which may influence buyer perception.
- Absence of Cooling System Mention
The description highlights a fireplace for cool nights but makes no mention of a cooling system (e.g., air conditioning), which could be a significant drawback in Hemet's warm climate.
About 5658 Paseo Famosa
Welcome to this rare casita home located in the highly sought- after 55+ community of Solera Diamond Valley by Del Webb. Beautifully upgraded and meticulously maintained, this exceptional property offers a main home with 2 bedrooms and 2 bathrooms, plus a detached 1 bedroom 1 bathroom casita-perfect for guests, a home office, art studio or whatever suits your lifestyle. From the moment you arrive, the homes curb appeal stands out with newly landscaped front yard, Pebble Tec walkways in the courtyard, an oversized sliding glass door in the primary suite-every detail has been carefully considered. Inside, an open-concept floorplan is adorned with plantation shutters, solar tubes, tile flooring, crown molding, high ceilings, all ideal for everyday living. The kitchen features granite countertops, a breakfast bar, pantry and breakfast nook. Adjacent to the kitchen, a spacious laundry room offering ample storage, connects conveniently to the 2-car garage with electric car hookups and plenty of storage cabinets. The living space is centered around a warm fireplace creating a cozy atmosphere on cool nights. Just off of the main space is a versatile den- perfect as a formal dining area, home office, or additional sitting room. The Primary suite is a private retreat, complete with a large walk-in shower, soaking tub, custom walk-in closet, and a private sliding door to your personal spa. The guest bedroom is thoughtfully situated for privacy and comfort. Step outside from either the primary suite or living room into a tranquil backyard oasis-a sense of space ideal for reading, relaxing or entertaining. Homes like this don't come on the market often, don't miss this opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2010
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 1.3 mi
Winchester Elementary School
Grades K-5 • 3.3 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 | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,112 | 1,755 | 72% |
| Lot Size | 6,970 | 6,098 | 65% |
| Price | $529.0K | $447.0K | 84% |
| Price per sq ft | $250 | $247 | 53% |
| Built year | 2010 | 2000 | 87% |
| HOA | $255.0 | $43 | 95% |
| Days on market | 225 | 181 | 76% |
Pricing History
Listed for Sale
Oct 15, 2025
$529,000
$559,000
-5% Price Drop
Initial Listing
Price Change
Aug 12, 2025
$559,000
$589,000
-5% Price Drop
Initial Listing
Price Change
Jul 25, 2025
$589,000
Initial Listing


























































