About this home

Owner will subordinate property for development with $80,000 down payment. Exceptional infill development opportunity in the heart of Hemet. This +/-1.86-acre vacant parcel is fully zoned and planned for a 26-unit condominium community, with conceptual plans inspired by the successful Lincoln View neighborhood nearby. The Lake Hemet Municipal Water District has issued a formal "Will Serve" letter, signaling support for future service to the site. Located just minutes from shopping, dining, schools, and major roadways, the property offers level topography, strong area demographics, and is surrounded by established residential neighborhoods. Perfect for small to mid-sized builders seeking a near shovel-ready opportunity in Riverside County's high-demand housing market.

Facts and features

Schools

• Bautista Creek Elementary School

  elementary · K-5 · 0.5 mi

  3

• Hemet High School

  high · 9-12 · 2.1 mi

  6

• Acacia Middle School

  middle · 6-8 · 3.0 mi

  2

• Fleet Adventure School

  elementary · 1-12 · 0.5 mi

• Grace Christian Academy

  elementary · K-8 · 0.5 mi

• Macgvyer Academy

  middle · 7 · 0.9 mi

Price history

• Oct 20, 2026 · Price Changed$80,000
• Feb 10, 2026 · Listed$400,000
• Nov 10, 2023 · Listing Removed—
• Jul 18, 2023 · Listed$450,000
• Sep 20, 2022 · Listing Removed—
• Feb 18, 2022 · Listed$320,000
• Jan 21, 2022 · Listing Removed—
• Aug 16, 2021 · Relisted$320,000

Tax history

• 2025$1,416 tax · $126,048 assessed
• 2024$1,389 tax · $123,577 assessed
• 2023$1,370 tax · $118,781 assessed
• 2022$1,344 tax · $116,453 assessed
• 2021$1,322 tax · $114,171 assessed
• 2020$1,303 tax · $113,001 assessed
• 2019$1,275 tax · $110,786 assessed
• 2018$1,668 tax · $147,326 assessed

Where it is