890 Costo Lane, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
Loading property details...
Hemet, California 92543
This Move-In Ready 55+ Residence is a High-Potential Investment Opportunity, listed at $185,000—positioned well below the $233,453 Fair Market Value by 20%. This valuation gap offers $48,453 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a large covered patio and access to premium community amenities like a fitness center and pool. This property is an ideal acquisition for Buy-and-Hold Investors or active retirees seeking a low-maintenance, value-driven lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 890 Costo Lane Subject | $185,000* List Price | 2 | 2 | 1,008 | $232 | - |
A 660 Palmer Drive Sold | $240,000 | 2 | 2 | 1,026 | $234 | 0.6 mi |
B 890 S Inez St. Street Active Under Contract | $218,900 List Price | 2 | 2 | 996 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1962, the property is move-in ready and shows clear signs of consistent maintenance. The bathroom features a newer vanity and updated flooring, and the exterior/landscaping is in excellent shape. While some elements like the shower tile are dated, the overall functional condition and partial updates qualify it as good.
Priced competitively at $185,000, this move-in ready 2-bedroom home offers a highly accessible entry point for retirees seeking homeownership in Southern California.
Located in the Sun Park 55+ community, the property provides direct access to a clubhouse, fitness center, swimming pool, and landscaped walking paths, fostering a vibrant social environment.
The backyard is a significant highlight, featuring mature fruit trees, raised garden planters, and a large covered patio that extends the living space for outdoor dining and relaxation.
Built in 1962, the home may feature original systems or structural elements that could require modernization or maintenance compared to newer construction.
The 55+ age requirement limits the pool of potential buyers to a specific demographic, which can impact the speed of resale and overall market liquidity.
Welcome to the desirable Sun Park 55+ community in Hemet, where comfort and low-maintenance living come together in a peaceful active adult setting. This move-in ready home has been thoughtfully maintained and offers a functional floor plan with a spacious living room that flows seamlessly into the dining area and kitchen. A convenient breakfast bar creates the perfect space for casual dining and entertaining. The comfortable primary suite features a large closet and an ensuite bathroom complete with a step-in shower and built-in seat for added safety and convenience. A generously sized secondary bedroom and guest bath with tub provide plenty of space for visitors or hobbies. Step outside to enjoy a backyard filled with mature fruit trees and raised garden planters, ideal for growing your own fresh produce. The large, covered patio offers ample room for outdoor dining, relaxing, and entertaining guests. Additional highlights include an attached one-car garage, individual laundry room, and easy-care living in a well-established community. Just out the back gate enjoy beautifully landscaped common areas, walking paths, a clubhouse, fitness center, and sparkling swimming pool, creating the perfect blend of relaxation and active living.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 7-12 • 0.8 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 | 1,008 | 1,410 | 16% |
| Lot Size | 3,920 | 6,534 | 11% |
| Price | $185.0K | $423.0K | 3% |
| Price per sq ft | $184 | $290 | 6% |
| Built year | 1962 | 1977 | 24% |
| HOA | $216.0 | $0 | 99% |
| Days on market | 10 | 177 | 1% |
May 27, 2026
$185,000
Initial Listing
Feb 23, 2012
$55,000
Public Record
Jul 23, 2010
$63,000
Public Record