
Hemet, California 92545
This High-Utility Multi-Generational Residence is listed at $579,500, positioned as a premium asset relative to the $481,637 Fair Market Value. The valuation is supported by high-value infrastructure, including a City-Approved Studio with a private entrance and 14 Paid-Off Solar Panels, offering immediate rental income potential and long-term utility savings. Currently in Functional Condition, the home features a Main-Floor Primary Bedroom and City Lights Views within the Hemet Unified School District. This no-HOA property is an ideal strategic fit for Owner-Occupants or Multi-Generational Families seeking a versatile, income-offsetting home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Brisbane Subject | $509,000* List Price | 5 | 4 | 2,626 | $178 | - |
A 841 Shiraz Sold | $535,000 | 3 | 3 | 2,663 | $201 | 0.1 mi |
B 857 Reisling St Sold | $550,000 | 5 | 3 | 2,360 | $233 | 0.1 mi |
C 469 Memphis Court Sold | $571,500 | 4 | 3 | 2,579 | $222 | 0.5 mi |
D 766 Conlon Drive Sold | $535,000 | 4 | 4 | 2,360 | $227 | 0.1 mi |
E 860 Provance Street Sold | $498,888 | 4 | 3 | 2,663 | $187 | 0.1 mi |
F 1053 Indiangrass Drive Sold | $540,000 | 5 | 3 | 3,096 | $174 | 0.3 mi |
G 1060 Saltbush Lane Active Under Contract | $480,000 List Price | 5 | 3 | 3,096 | $155 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is functional and move-in ready, but the kitchen features dated dark wood cabinets, basic black appliances, and tile flooring. Bathrooms also show dated styles, particularly the master bathroom with tile countertops and carpet flooring, which is a significant detractor. Upstairs carpeting shows some wear. While major systems are likely functional, the interior finishes, especially in the kitchen and bathrooms, are outdated and would benefit from minor cosmetic updates to align with current trends.
The property includes a city-approved studio with a private entrance, offering significant flexibility for rental income, multi-generational living, or a dedicated home office.
Equipped with 14 solar panels that will be paid off at close of escrow, ensuring immediate and long-term utility cost savings for the homeowner without lease obligations.
Features a convenient main-floor primary bedroom, ideal for accessibility, guests, or multi-generational living, eliminating the need to climb stairs.
While locally convenient, Hemet's overall market perception may present limitations in terms of long-term appreciation potential or a broader buyer pool compared to other Southern California regions.
Built in 2005, some interior finishes, particularly in secondary bathrooms or general flooring, may be original and could benefit from cosmetic updates to align with current design trends.
The laundry room is located upstairs, which, while convenient for bedrooms, may be a drawback for buyers who prefer a main-floor laundry, especially with a primary bedroom on the first level.
MOTIVATED SELLER, BIG PRICE REDUCTION....Welcome to your next home! Located inside the Menlo Estates community, close to shopping centers, schools and with easy access to highways. This 5-bedroom, 4-bath residence offers 2,626 sq. feet of flexible living space. Built in 2005, the main residence offers a functional, contemporary layout which avoids wasted space and supports everyday living. Features include a spacious living room, a separate family room, and a master suite. The master bathroom offers a walk-in shower, a separate soaking tub, and dual sinks. The home also features a main-floor primary bedroom, providing accessibility--ideal for guests or in-laws and eliminating the need to climb stairs. For added convenience, the laundry room is located upstairs. In the garage, you'll find a CITY-APPROVED STUDIO which includes a one bedroom and one bathroom, complete with its own private entrance and exit--a rare addition that creates real options. The property includes 14 solar panels, which will be PAID OFF at the close of escrow. This locks in utility savings and removes concerns about leases or transfers. The home benefits from an established neighborhood feel without the burden of an HOA. Just ownership on your terms. If you're looking for a property that works now and continues to work later, this is one worth seeing in person. Call now for a private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,626 | 1,809 | 85% |
| Lot Size | 7,405 | 6,098 | 71% |
| Price | $509.0K | $455.0K | 75% |
| Price per sq ft | $194 | $247 | 10% |
| Built year | 2005 | 2001 | 63% |
| HOA | $0 | $43 | 46% |
| Days on market | 76 | 180 | 10% |
Apr 17, 2026
$509,000
$579,500
-12% Price Drop
Initial Listing
Feb 5, 2026
$579,500
Initial Listing
Oct 28, 2005
$318,000
Public Record