43840 Citrus View
About This Property
Discover the freedom of estate-style living at 43840 Citrus View Drive in Hemet's desirable unincorporated Citrus Ranches area. Set on an expansive 35,234-square-foot horse-friendly lot, this impressive 4-bedroom, 3-bath residence offers approximately 4,099 square feet of living space, panoramic mountain and countryside views, and the privacy and versatility that are increasingly difficult to find in Southern California. Enjoy a lifestyle that feels like a private retreat, with room to entertain, pursue equestrian interests, cultivate a garden, or simply appreciate the beauty of the surrounding landscape. Inside, multiple living spaces provide an inviting balance of comfort and functionality, including a formal living room and separate family room, each with its own wood-burning fireplace, plus a dedicated dining room ideal for hosting family and friends. The kitchen features dual ovens, under-cabinet lighting, and a dishwasher, while additional highlights include a built-in office desk, abundant hallway storage, a cast-iron bathtub, two water heaters, a security system, and air-conditioning units replaced within the last five years.
The outdoor setting is where this property truly distinguishes itself. A Pebble Tec pool creates a natural focal point for warm summer afternoons and memorable gatherings, while mature citrus and fruit trees, including lemon, lime, mandarin, orange, and Cara Cara varieties, add character and charm to the grounds. Enjoy the possibilities offered by the generous lot, horse shelter with a water spigot, and hitching post. Additional features include paid-off solar, a permitted garage conversion with windows, a dedicated laundry room and storage, a game room with its own mini-split system, and a three-car tandem garage with attic access. Country-style wood shutters complement the home's welcoming exterior, while the location offers access to the outdoor recreation of Mount San Jacinto, Idyllwild-Pine Cove, Alessandro Trail, and Hemet Lake, with commuter connections via Ramona Expressway. Located within the Hemet Unified School District, this distinctive property presents an opportunity to enjoy expansive estate-style living, mountain views, a pool, and equestrian-friendly space at a price point below $1 million. If you've been searching for room to breathe, space to entertain, with exceptional lifestyle appeal, 43840 Citrus View Drive deserves a closer look.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$929,997
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(0%) | |
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| Oct 15, 2026 | Price Decreased |
$929,998
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| Oct 9, 2026 | Price Decreased |
$929,999
↓ $1
(0%) | |
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| Oct 2, 2026 | Price Decreased |
$930,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Decreased |
$959,988
↓ $1
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017