740 Bahama, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
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Hemet, California 92543
This Spacious 55+ Resort-Style Home is a Strong Value Opportunity, listed at $360,000—positioned well below the $391,737 Fair Market Value by 8%. This valuation gap offers $31,737 in Instant Equity for the incoming buyer. Maintaining a Well-Maintained Condition Rating, the residence features a $30,000 Enclosed Patio, Plantation Shutters, and Mountain Views. Located directly across from the Whispering Palm clubhouse, the property provides immediate access to premium amenities. This is an ideal acquisition for Owner-Occupants or Active Seniors seeking a turnkey lifestyle with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740 Bahama Subject | $360,000* List Price | 2 | 2 | 1,798 | $218 | - |
A 1218 Marble Court Sold | $443,000 | 3 | 2 | 1,720 | $258 | 0.6 mi |
B 841 Bermuda Drive Active | $379,900 List Price | 3 | 2 | 1,798 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 2001 (>20 years old), the property is in well-maintained, move-in ready condition. The kitchen and bathrooms have received significant cosmetic updates, including painted cabinetry, stone countertops, and modern tile backsplashes. With a recent $30k patio enclosure and updated laminate flooring, the home functions better than a typical 'Fair' rated property of its age.
The home is ideally situated directly across from the clubhouse, offering immediate and convenient access to resort-style amenities including the pool, spa, and billiard room.
The property features a $30,000 enclosed patio and high-quality interior finishes such as plantation shutters and bull-nosed corners, adding immediate value and living space.
The 1,798 sqft floor plan is well-designed for modern living, featuring a versatile den/office, an open-concept kitchen with a central island, and a spacious primary suite.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
As a 55+ community residence, the property is limited to a specific demographic, which may result in a narrower pool of potential buyers compared to standard residential areas.
The property does not offer any significant views, which may be a drawback for buyers seeking the aesthetic appeal often associated with Southern California real estate.
Single Story Home in the 55+ Gated Community of Whispering Palm. 2 Bedrooms, 2 Baths plus Den/Office (tax roll says 3 bdrms but 3rd bdrm was converted to a Den/Office). Lots of Curb Appeal and located across the street from the Clubhouse. Plantation Shutters and Bull-Nosed Corners thru-out. Ceramic Tiled and Laminate Flooring. Kitchen features Island, 5 Burner Cooktop, D/W, Oven and Pantry. Family Room is open to the Kitchen and has Fireplace. Separate Living Room has Laminate Flooring. Primary Bedroom has two Closets with one being a Walk-In Closet. Primary Bathroom has Double-Sinks with a Vanity, Walk-In Shower and Separate Tub. Guest Bedroom has Walk-In Closet. Interior Individual Laundry Room has Sink. Seller recently spent $30k to Enclose the Patio. Oversized 2-Car Garage with Automatic Roll-Up Door. Low Maintenance Front Yard with Drip Watering System. Low HOA Dues. Amenities include Clubhouse with Billiard Room, Card Room and Pool/Spa/BBQ area. Living here is like living in a resort!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 7-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,798 | 1,410 | 74% |
| Lot Size | 4,356 | 6,534 | 17% |
| Price | $360.0K | $423.0K | 26% |
| Price per sq ft | $200 | $290 | 11% |
| Built year | 2001 | 1978 | 66% |
| HOA | $216.0 | $0 | 99% |
| Days on market | 32 | 177 | 2% |
May 5, 2026
$360,000
Initial Listing
Jan 10, 2024
$380,000
Public Record
Jun 13, 2017
$230,000
Public Record
May 11, 2001
$145,000
Public Record