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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
    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
    384 days
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    268
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    15
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    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#: HD25238167MLS LogoOriginating 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
    DateEventPrice
    11/23/2025Price change$698,500-0.1%
    Source: CRMLS #HD25238167 Report a problem
    11/3/2025Price change$699,000-12.5%
    Source: CRMLS #HD25238167 Report a problem
    10/13/2025Listed for sale$799,000-27.4%
    Source: CRMLS #HD25238167 Report a problem
    7/22/2025Listing removed$1,100,000
    Source: SDMLS #SW24236818 Report a problem
    6/23/2025Listed for sale$1,100,000-26.2%
    Source: SDMLS #SW24236818 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 92544

    Nearby schools

    GreatSchools rating

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