
Hemet, California 92545
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $535,000—positioned well below the $550,420 Fair Market Value by 2%. This valuation gap offers $15,420 in Instant Equity for the buyer. With a Condition Rating of 3, the home features a versatile multi-generational layout, a 3-car tandem garage, and a drought-tolerant backyard with outdoor kitchen infrastructure. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home with significant functional upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 775 Conlon Drive Subject | $535,000* List Price | 4 | 3 | 2,581 | $213 | - |
A 511 Madrid Street Sold | $577,500 | 4 | 3 | 2,579 | $224 | 0.3 mi |
B 841 Shiraz Sold | $535,000 | 3 | 3 | 2,663 | $201 | 0.1 mi |
C 1043 Saltbush Sold | $547,000 | 4 | 4 | 3,002 | $182 | 0.3 mi |
D 469 Memphis Court Sold | $571,500 | 4 | 3 | 2,579 | $222 | 0.5 mi |
E 766 Conlon Drive Sold | $535,000 | 4 | 4 | 2,360 | $227 | 0.0 mi |
F 528 Memphis Court Sold | $529,000 | 4 | 3 | 2,579 | $205 | 0.4 mi |
G 977 Saltbush Active | $599,900 List Price | 5 | 3 | 3,096 | $194 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. It features refreshed paint, functional kitchen and bath layouts, and updated systems like a whole house fan and 220V garage wiring.
The floor plan includes a highly desirable downstairs bedroom and full bathroom, offering an ideal setup for guests, seniors, or multi-generational living.
The backyard is a standout feature with drought-tolerant landscaping, a natural gas fire pit, and a partially completed outdoor kitchen with utilities already installed.
The property offers exceptional utility with a 3-car tandem garage featuring 220V wiring, a whole house fan for efficiency, and dual side gates for potential RV or boat parking.
The outdoor kitchen is only partially completed, requiring the buyer to incur additional costs to purchase and install the drop-in BBQ and cooktop.
The property lacks premium scenic vistas, with the view limited to the immediate neighborhood, which may be a drawback for buyers seeking privacy or expansive landscapes.
This home boasts stunning curb appeal with a refreshed paint palette that creates a warm, inviting first impression. This well maintained home is located on a cul-de-sac in the Menlo Estates community. This spacious 4-bedroom, 3-bathroom home features an open floor plan with soaring ceilings, abundant natural light, and a cozy fireplace. Convenient downstairs bedroom and full bath provide the perfect setup for guests or multi-generational living. The kitchen is designed for both functionality and entertaining, featuring an oversized sink, center island, and extra storage with drawers and cabinets throughout. Two additional bedrooms upstairs plus an oversized primary suite that includes two walk-in closets and a spacious ensuite bath with a private water closet. Step outside to a thoughtfully designed drought-tolerant backyard complete with stamped concrete, timed irrigation for all foliage, a natural gas fire pit, and a partially completed outdoor kitchen ready for a drop-in BBQ and two-burner cooktop. Outdoor sink and electrical connections are already installed and functional. Additional highlights include: Indoor laundry room offering additional storage for added convenience, tandem 3-car garage, 220V wiring in garage, whole house fan, dual side gates with possible trailer or boat parking potential. A fantastic opportunity to own a spacious, well-equipped home with excellent indoor and outdoor entertaining features.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,581 | 1,775 | 83% |
| Lot Size | 7,405 | 6,098 | 72% |
| Price | $535.0K | $455.0K | 81% |
| Price per sq ft | $207 | $248 | 17% |
| Built year | 2006 | 2001 | 72% |
| HOA | $0 | $43 | 45% |
| Days on market | 15 | 159 | 0% |
May 22, 2026
$535,000
Initial Listing
Dec 26, 2008
$206,000
Public Record
Sep 22, 2006
$401,000
Public Record