W Stetson Avenue Hemet, CA ^$ 4,104,000

W Stetson Avenue

^$ 4,104,000

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W Stetson Avenue

Hemet, CA, 92543

^$ 4,104,000

Studio Baths0.0

Monthly Estimate*

^$ 25,604

Listed by Lee & Associates

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Studio

Lots and Land for sale in Hemet, CA

for $4,104,000. The lot size is 10.07.

The subject property consists of two parcels totaling approximately 10.07 acres. There are currently approved plans for a 228-unit multi-family development called “Aster Community.” The unit mix consists of 15 studio units, 84 1 bed/ 1 bath units, and 129 2 bed/2 bath units. The property offers a unique opportunity for a builder to bring much-needed housing to the City of Hemet.

Lots and Land Active

Price

^$ 4,104,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

10.07

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

NDP2509181

Days on Market

Features

General

Zoning Multi-Family Residential

HOA Fee 0

View Neighborhood

Community Features Suburban

Additional Parcels Description 46427000600

County Riverside

Property Type Land

HOA 0

Special Listing Conditions Standard

Status Active

Directions The subject property is located on the SEC of W Stetson Ave & Elk St in Hemet CA. It is approximately 1.5 miles south of the 74 Freeway and approximately 14 miles east of I-215.

City Hemet

Senior Community Y/N 0

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Acres

Lot Size Square Feet 438649.2

Listing Terms Cash Contract 1031 Exchange

Land Lease Y/N 0

Additional Parcels Y/N 1

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509181

Standard Status Active

Interior

Total Baths 0

Exterior

Lot Features 26-30 Units/Acre

Total Parking 0

Lot Size Area 10.07

Lot Dimensions 10.07 Acres

Lot Size Acres 10.07

Lot Size Source Public Records

* Excluded Features

List By

Lee & Associates

Broker

abentley@lee-associates.com

Affordability Calculator

$25,604

Per Month

Monthly Principal & Interest: $25,604
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Hemet, CA

Average List Price ^$503,160

Percent of Sale Price 88%

About Hemet, CA

83,932 Population

39% Since 2002

^$36,927 Median Income

38.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2025	$4,104,000		Listed Price

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W Stetson Avenue, Hemet, CA, 92543 is a Lots and Land for sale at $4,104,000 with a lot size of 10.07. W Stetson Avenue is a studio with 0.0 baths. The property's zip code is 92543 which is in Hemet, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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W Stetson Avenue

Lots and Land for sale in Hemet, CA

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