See Home Value
East Hemet 92544
40539 Stetson Avenue
$324,000
● House - Off Market

40539 Stetson Avenue

Hemet, CA 92544
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,323 Ft²
$1,960
Est. Monthly

About This Property

Unlock the potential of this spacious ranch-style home, ideally situated in the heart of Hemet. Boasting 4 bedrooms (3 bedrooms are downstairs)         a versatile den, 1 bedroom upstairs and 2.5 bathrooms across 2,323 square feet of living space.  This inviting residence offers room to grow, create, and personalize.

Set on a nearly one-acre flat lot (33,541 square feet) the expansive grounds provide endless possibilities. Whether you envision a lush garden, a kid's play field, a secure area for pets, a serene pool retreat, a possibility to add Accessory Dwelling Unit (ADU), this property has the space and zoning flexibility to make your vision a reality. Perfect for investors, flippers, or buyers seeking to build a multi-generational estate this home offers strong potential with a layout that lends itself to transformation.

Conveniently located approximately 8 miles from Hwy 74 and 79. Under 2 miles from the historic Ramona Bowl Amphitheater- home to the nation's longest-running outdoor play since 1928.  This property also enjoys proximity to schools, shopping centers, and local amenities. It is located approximately 6 minutes from the Hemet Veterans Administration Outpatient Clinic. It's being sold AS-IS. The seller will make no repairs and provides no warranties. Buyers are strongly advised to perform all due diligence regarding zoning, permits, and ADU possibilities.
Unit Size
2,323 Ft²
Days on Market
245 days
Land Size
0.77 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (CRMLS #IG25126721)

Price History

Date / Event Date Event Price
Feb 10, 2026 Sold
Sold
Jan 31, 2026 In contract -
In contract
Jan 29, 2026 Relisted $455,000
Relisted
Jan 29, 2026 Price Decreased $399,000
↓ $56K (12.3%)
Price Decreased
Dec 4, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEMET LAND CO
  • Land Acres: 0000000770
  • Standard Land Use Code: 1001
  • County Land Use Code: CR
  • State Land Use Code: R01
  • Legal Description 1: POR LOT 2 BLK 226 MB 001/014 HEMET LAND CO

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043313

Zoning

  • Zoning: R1

Geography

  • Parcel: 451-260-007
  • Block: 226
  • Lot: 2
  • Municipality: HEMET UNIFIED
  • Latitude: 33.7292
  • Longitude: -116.953

    Address

  • Full Address: 40539 Stetson Ave
  • Address - House Number: 40539
  • Address - Street Name: Stetson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hemet
  • Carrier Code: C005
  • 4-Digit Zip Code: 7360
  • Zip Code: 92544

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $82,658
  • Tax Rate Code Area: 071-078

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 287,091
  • High Value: 341,272
  • Low Value: 232,909

    Market Valuation

  • Market Total Value: $208,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,478
  • Assessed Land Value: $16,211
  • Assessed Improvements Value: $56,267

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Hemet


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 40539 Stetson Avenue built and last sold?
The property at 40539 Stetson Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40539 Stetson Avenue is $415,577.
What are some comparable homes to 40539 Stetson Avenue?
There are currently no comparable homes to 40539 Stetson Avenue.