Residential Land for Sale in Hemet, California
Riverside County, Hemet, CA 92543
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 - Multifamily Medium to High Density Opportunity Zone - Significant tax benefits for investors 4.2 Acres - Ideal for apartments, senior housing, residential or mobile home park. Utilities nearby & accessible location High-Growth Area - Strong demand for housing and senior care Don't miss this rare investment opportunity!
Location
- County
- Riverside County
- Elevation
- 1,598 feet
Directions
East of State Street on the corner of Chambers and Buena Vista across from Echo Hills Golf Course
Property details
- Acreage
- 4.2 acres
- Zoning
- R-3
- MLS #
- MRMLS LG25070504
- Posted
Parcels
- 451100033
Resources
Details and features
Listing
- Type
- Land
Lot
- View
- Golf Course, Hills
Exterior
- Features
- Curbs Community Features Included, Golf
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 7, 2025 | Under contract | $425,000 | — | MRMLS |
| July 23, 2025 | Price drop | $425,000 | $60,000 -12.4% | MRMLS |
| Apr 1, 2025 | New listing | $485,000 | — | MRMLS |