
Hemet, California 92545
This Upgraded Retirement Retreat is a High-Potential Investment Opportunity listed at $279,000—positioned well below the $286,461 Fair Market Value by 2%. This valuation gap offers $7,461 in Instant Equity for a move-in ready asset. Featuring a Good Condition Rating and City Lights View, the home includes a Granite Kitchen, Shaker Cabinets, and a Spacious Private Backyard with a Covered Patio. Located in the Hemet Unified district, it balances financial value with lifestyle comfort. This is an ideal match for Owner-Occupants or downsizers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 586 San Dimas Street Subject | $271,900* List Price | 2 | 2 | 977 | $274 | - |
A 905 Raquel Court Sold | $309,000 | 3 | 2 | 1,114 | $277 | 0.5 mi |
B 2372 Antigua Court Sold | $258,000 | 2 | 1 | 820 | $315 | 0.3 mi |
C 2185 San Bernardo Sold | $235,000 | 2 | 1 | 827 | $284 | 0.1 mi |
D 633 San Marino Street Sold | $235,000 | 2 | 1 | 827 | $284 | 0.2 mi |
E 2124 San Padre Sold | $245,000 | 2 | 1 | 827 | $296 | 0.2 mi |
F 2221 San Bernardo Sold | $200,000 | 2 | 1 | 827 | $242 | 0.2 mi |
G 2119 Casita Court Sold | $239,500 | 2 | 1 | 820 | $292 | 0.2 mi |
H 2601 W Fruitvale Sold | $320,000 | 2 | 2 | 1,264 | $253 | 0.6 mi |
I 1835 Pueblo Active | $279,900 List Price | 2 | 2 | 977 | $286 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983, this home has undergone extensive renovations within the last 5 years, as evidenced by the modern shaker cabinets, granite countertops, and updated flooring throughout. The kitchen features a mix of modern and functional appliances. One bathroom is updated with a modern vanity and granite, while the other is clean and functional but shows an older vanity style. The property is move-in ready with central AC/heat, aligning with the 'Good' condition criteria for a home extensively renovated within 5-15 years.
Positioned within a prime 55+ community, offering a desirable retirement lifestyle and amenities tailored to this specific demographic.
Features recent upgrades including modern finishes, ceiling fans, granite countertops, and shaker cabinets, providing a contemporary and move-in ready appeal.
Boasts a huge private backyard with a covered patio and grassy area, ideal for outdoor living and entertaining.
The 55+ community restriction significantly narrows the potential buyer market, potentially impacting resale value and time on market.
With 977 sqft, the home offers a smaller footprint, which may not suit buyers desiring more expansive living areas or additional rooms.
The property includes only a single-car garage, which could be a drawback for residents with multiple vehicles or those requiring ample storage space.
Beautiful 2-Bedroom Home in Prime Hemet 55+ Community! This retirement retreat has been upgraded w/ modern finishes & ceiling fans throughout. Living room w/ lots of natural light. Dining area. Kitchen w/ granite countertops & shaker cabinets. Spacious bedrooms. Huge private backyard w/ covered patio & grassy area perfect for entertaining! Central AC + heat. Single car garage w/ additional driveway parking. Just a few blocks to Bonelli Park/Reservoir & the best shopping, dining, & entertainment the area has to offer. Come experience senior living at its best!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 977 | 1,544 |
| Lot Size | 6,534 | 6,970 |
| Price | $271.9K | $446.9K |
| Price per sq ft | $278 | $263 |
| Built year | 1983 | 1988 |
| HOA | $88.0 | $130 |
| Days on market | 176 | 65 |
Jul 17, 2026
$271,900
$272,000
+0% Price Increase
Initial Listing
Jun 12, 2026
$272,000
$275,000
-1% Price Drop
Initial Listing
May 2, 2026
$275,000
$279,000
-1% Price Drop
Initial Listing
Mar 18, 2026
$279,000
$295,000
-5% Price Drop
Initial Listing
Jan 28, 2026
$295,000
Initial Listing
Jan 27, 2026
$279,000
Initial Listing
Apr 12, 2022
$255,000
Public Record
Nov 24, 2004
$144,000
Public Record
Jan 8, 2003
$82,500
Public Record