42190 Cactus Valley
Hemet, CA, 92544 $ 698,500
Baths0.0 Monthly Estimate*
$ 4,358
Listed by Century 21 Masters
Studio for $698,500. The lot size is 240.
Investor Opportunity —This property can be subdivided. Subdivide Into 10-Acre Estate Ranches (Luxury Rural Estates), Boutique Vineyard + Luxury Event Retreat (Wedding Venue, Winery, or Airbnb Cabins, Agriculture + RV/Camping Resort (Glamping, Nature Park, Off-Grid Retreat), Solar Farm + Agricultural Mixed Use. Off-Grid Eco-Community / Sustainable Tiny Home Village the possibilities are endless. Just Reduced! Hurry, price goes back up after January 1st.” 240 acres of pure Southern California beauty nestled in the rolling hills of Hemet. This rare land offering spans two parcels, natural artesian springs, and a 1,000-foot well, Electricity is already on-site, but the true power here is in the land itself. Scenic rock formations, mature trees, trails, wildlife, and panoramic views of Diamond Valley Lake, the surrounding mountains, and valley floor make this property truly one-of-a-kind. The land also features existing structure—no value assigned, but potential for visionaries to reimagine. Approximate elevation ranges from 2,200 to 2,700 feet, offering a peaceful, elevated vantage point just minutes from shopping and city conveniences, yet it feels a world away in its tranquil, rural setting. Whether you’re an investor, builder, or dreamer, this property offers endless opportunities—from a private retreat to an eco-development or luxury hillside estate. The true value lies in the land, the natural water sources, and the incredible setting. Sold as-is. All information is deemed reliable, but buyer to verify zoning, permitted uses, and acreage with the County of Riverside
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FeaturesGeneralZoning Ag-10
HOA Fee 0
View Desert Mountain(s) Valley Trees/Woods
Community Features Mountainous Rural
Additional Parcels Description 569-020-004
County Riverside
New Construction false
Property Type Land
HOA false
Special Listing Conditions Standard
Status Active
Directions S. State to Cactus Valley Rd
City Hemet
Senior Community Y/N false
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Acres
Lot Size Square Feet 10454400
Listing Terms Cash Cash to New Loan Submit
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
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ExteriorLot Features Value In Land
Water Source Well
Lot Size Area 240
Lot Size Acres 240
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,358
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyLots and land listings in Hemet, CA
Average List Price $502,809
Percent of Sale Price 28%
About Hemet, CA 83,932 Population
39% Since 2002
$ 36,927 Median Income
38.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $698,500 | | Listed Price |