1561 Edgewood Lane, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
ACTIVE$310,000
1561 Edgewood Lane, Hemet, California 92543
2Beds
2Baths
1,170Sqft
6,098Lot
Year Built
1964
Close
-
List price
$310K
Original List price
$330K
Price/Sqft
$265
HOA
$130
Days on market
-
Sold On
-
MLS number
CV25129085
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $310.0K(24th), sqft - 1170(34th), beds - 2(42th), baths - 2(50th).
Come see this beautifully two-bedroom, two bath home in Panorama Village (Age 55+). This home is move in ready and shows incredibly well! Low maintenance front yard and a spacious backyard for entertaining. Community amenities include pool/ spa, clubhouse, golf course and more! Bring your buyers as they will not be disappointed!
Nearby schools
2/10
Whittier Elementary School
Public,•K-5•0.8mi
3/10
Diamond Valley Middle School
Public,•6-8•1.6mi
1/10
Aspire Community Day
Public,•7-12•1.8mi
5/10
West Valley High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
10/03/25
Price Change
$310,000-5.9%
06/09/25
Listing
$329,500
Condition Rating
Fair
The property was built in 1964, making it 60 years old. While the description states it is 'move in ready and shows incredibly well,' and the exterior images show a well-maintained facade with modern additions like solar panels and artificial turf, there are no interior images provided. Without visual confirmation of the kitchen and bathroom conditions, styles, and features, it's impossible to ascertain if these critical areas have undergone recent renovations to meet current standards. For a home of this age, a 'Fair' rating acknowledges its maintained status and potential for functionality, but assumes that key interior elements like kitchens and bathrooms are likely dated, requiring minor updates or showing signs of being outdated, rather than being recently renovated to a 'Good' or 'Excellent' standard.
Pros & Cons
Pros
Extensive Community Amenities: Located within Panorama Village, residents benefit from a wide array of amenities including a pool, spa, clubhouse, and golf course, fostering an active and engaging lifestyle.
Move-in Ready Condition: The property is described as 'move in ready and shows incredibly well,' suggesting it is well-maintained and requires minimal immediate investment for new owners.
Desirable Outdoor Spaces: Features a low-maintenance front yard and a spacious backyard, providing excellent opportunities for entertaining and outdoor relaxation.
Scenic Mountain Views: The property offers picturesque mountain views, enhancing its aesthetic appeal and providing a tranquil living environment.
Recent Price Adjustment: A recent price reduction from $329,500 to $310,000 indicates a competitive offering and potential value for prospective buyers.
Cons
Age-Restricted Community (55+): Being part of an age-restricted community significantly limits the potential buyer pool, which could impact market time and resale value.
Older Construction: Built in 1964, the home may have original systems or components that could require future maintenance, repairs, or updates to meet modern standards.
Monthly Association Fees: The property is subject to a monthly association fee of $130, which adds to the ongoing cost of homeownership and should be factored into a buyer's budget.