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
Lot/land
Listing Provided by:
Deja Vu Boswell DRE #01395701 7602209913,
Century 21 Masters
Price cut: $500 (11/23)
$698,500
42190 Cactus Valley Rd, Hemet, CA 92544
--beds
--baths
240Acres
Unimproved Land
Built in ----
240 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature treesTranquil rural settingScenic rock formationsPeaceful elevated vantage pointNatural artesian springs
- 384 days |
- 268 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listing Provided by:
Deja Vu Boswell DRE #01395701 7602209913,
Century 21 Masters
Source: CRMLS,MLS#: HD25238167
Originating MLS: California Regional MLS
Facts & features
Property
Features
- Has view: Yes
- View description: Desert, Mountain(s), Valley, Trees/Woods
Lot
- Size: 240 Acres
- Features: Value In Land
Details
- Additional parcels included: 569020004
- Parcel number: 569020003
- Zoning: Ag-10
- Special conditions: Standard
Utilities & green energy
- Water: Well
Community & HOA
Community
- Features: Mountainous, Rural
Location
- Region: Hemet
Financial & listing details
- Tax assessed value: $709,082
- Annual tax amount: $7,218
- Date on market: 10/13/2025
- Cumulative days on market: 385 days
- Listing terms: Cash,Cash to New Loan,Submit
Estimated market value
Not available
Estimated sales range
Not available
$1,561/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/23/2025 | Price change | $698,500-0.1% |
Source: | ||
| 11/3/2025 | Price change | $699,000-12.5% |
Source: | ||
| 10/13/2025 | Listed for sale | $799,000-27.4% |
Source: | ||
| 7/22/2025 | Listing removed | $1,100,000 |
Source: | ||
| 6/23/2025 | Listed for sale | $1,100,000-26.2% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,218 -7.5% | $709,082 +2% |
| 2024 | $7,805 +1.1% | $695,180 +2% |
| 2023 | $7,723 +2% | $681,550 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 92544
Nearby schools
GreatSchools rating
- 5/10Mcsweeny Elementary SchoolGrades: K-5Distance: 4.9 mi
- 4/10Diamond Valley Middle SchoolGrades: 6-8Distance: 4.8 mi
- 5/10West Valley High SchoolGrades: 9-12Distance: 6.4 mi
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