650 Rainier Way, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath

650 Rainier Way, Hemet, California 92543 home-pic-0
ACTIVE$318,950
650 Rainier Way, Hemet, California 92543
2Beds
2Baths
1,418Sqft
6,098Lot
Year Built
1967
Close
-
List price
$319K
Original List price
$325K
Price/Sqft
$225
HOA
$130
Days on market
-
Sold On
-
MLS number
SW25142740
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $318.9K(26th), sqft - 1418(50th), beds - 2(42th), baths - 2(50th).

WELCOME TO HIGHLY DESIRABLE PANORAMA VILLAGE 55+ COMMUNITY! Featuring lower cost electricity produced by the attached solar system power purchase agreement. Designed for comfort and low-maintenance living, the front yard boasts a drought-tolerant rock landscape, adding to the home's easy-care appeal. Step inside and be greeted by a light-filled, open floor plan, where a spacious living room seamlessly flows into the dining area--perfect for entertaining or everyday living. The dining room flows directly into the back bonus room, with the focal point being the oversized window overlooking the back patio. The kitchen is central to the home and overlooks the back bonus room. Down the hall you find the primary suite, featuring a spacious bedroom, ceiling fan, and a deep walk-in closet. Just off the bedroom, you find the light and bright primary bathroom. The front guest bedroom is equally spacious, which includes a ceiling fan and generous closet. Directly attached, the hallway bathroom features a large shower. Additionally, a versatile den located off the living room can be used as an office, gym, or third bedroom. Outside, the backyard offers a covered patio, relative privacy and space for a small garden. This home is move-in ready and includes the refrigerator, washer & dryer. Enjoy the resort-style amenities that make Panorama Village one of the premier active adult communities in the region. Residents have access to a pool, spa, sauna, BBQ area, auditorium, community kitchen, dog park, and a private golf course--a perfect setting to enjoy your golden years in style and comfort. This lovely home is being sold in as-is condition. Don't let this wonderful opportunity pass you by!

Price History

Date
Event
Price
09/26/25
Price Change
$318,950-1.8%
06/25/25
Listing
$324,900
Condition Rating
Fair

The property was built in 1967, making it 57 years old. While it appears clean and well-maintained, the kitchen and bathrooms are significantly outdated. The kitchen features tiled countertops, older white cabinets, and dated appliances (except possibly the refrigerator), along with fluorescent lighting. The bathrooms also show older vanities and fixtures. The flooring is a mix of older laminate and tile. The overall aesthetic and key functional areas like the kitchen and bathrooms require substantial cosmetic updates to meet current quality standards and buyer expectations. The 'as-is' condition further suggests that no recent major renovations have occurred. It is functional and habitable, aligning with the 'Fair' category, indicating it's aged but maintained, with major components showing signs of being outdated, requiring minor updates or repairs to modernize.
Pros & Cons

Pros

Extensive Community Amenities: Residents enjoy resort-style amenities including a pool, spa, sauna, BBQ area, auditorium, community kitchen, dog park, and a private golf course, fostering an active adult lifestyle.
Cost-Saving Solar System: Features an attached solar system power purchase agreement, designed to provide lower electricity costs for the homeowner.
Low-Maintenance Living: The property boasts drought-tolerant rock landscaping in the front yard and a manageable backyard with a covered patio, ensuring easy care and upkeep.
Move-in Ready with Inclusions: The home is move-in ready and includes essential appliances such as the refrigerator, washer, and dryer, offering immediate convenience for new occupants.
Versatile & Open Floor Plan: Offers a light-filled, open floor plan with a spacious living room, dining area, a bonus room, and a versatile den, providing adaptable spaces for various needs.

Cons

As-Is Sale Condition: The property is explicitly sold in 'as-is' condition, which may imply a need for future repairs or upgrades at the buyer's expense.
Age-Restricted Community: Located within a 55+ community, this significantly limits the potential buyer pool and could impact future resale value and market time.
Older Construction & Potential for Updates: Built in 1967, the home may feature older systems or design elements that could require modernization, and the description does not mention a cooling system, which could be a drawback in Hemet's climate.

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