$3,240,000
$648K PRICE DROP

0 E Stetson Ave Hemet, CA 92543

Estimated payment $19,931/month

Total Views 8,133
10.1 Acres
$320,792 Price per Acre
439,956 Sq Ft Lot

Highlights

  • 10.1 Acre Lot
  • No HOA
  • Neighborhood Views

About This Lot

The subject property consists of two parcels totaling approximately 9 acres. There are currently plans for a 216-unit multi-family development called “Senna Community.” The unit mix consists of 9 studio units, 90 1 bed/ 1 bath units, and 117 2 bed/2 bath units. The property is zoned R-2, Low density Multiple Family Residential, with a maximum density of 8 du/acre. The General Plan designation is Medium Density Residential with a maximum density of 18 du/acre. The Housing Accountability Act authorizes development on the properties to utilize the higher General Plan Density as opposed to the lower Zoning density. The project proposes to provide 5% Very Low Income units, which entitles the project to a 20% density bonus. The property offers a unique opportunity for a builder to bring much-needed housing to the City of Hemet.

Listing Agent

Alex Bentley

Lee & Associates Brokerage Email: abentley@lee-associates.com License #02062959 Listed on: 09/18/2025

Lee & Associates

Property Details

Property Type

  • Land

Lot Details

  • 10.1 Acre Lot
  • Density is 21-25 Units/Acre
  • 44630001100
  • Property is zoned Low-Density Multi-Family Residential ...

Additional Features

  • Neighborhood Views
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 44630000500

Property Details

Property Type

Land

Lot Details

10.1 Acres

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: Low-Density Multi-Family Residential ...
  • Property Type: Land
  • Parcel Number: 44630000500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 7.36

Exterior Features

  • View: Neighborhood
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 44630001100
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size: 10.10 Acres
  • Lot Size Sq Ft: 439956.00
  • Lot Size Acres: 10.1000

Multi Family

  • Lot Size Area: 10.1000 Acres

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Price Changed $3,240,000 -16.7% --
09/18/2025 09/18/25 For Sale $3,888,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2509185

California Regional Multiple Listing Service (CRMLS)
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