For sale · Active

44010 Olive

Hemet, CA 92544

$1,300,000
Lot size8.9 acres
Property typeLand
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Listing broker / agent: KW The Lakes · Pablo Cornejo · 949-750-5050 · CRMLS

MLS # IG26219633 · Last checked Oct 20, 2026 06:28 UTC

About this property

DEVELOPMENT READY & PORTFOLIO PACKAGE OPPORTUNITY! Unlock the massive cash-flow potential of this premier 8.90-acre development site located at 44010 Olive Ave in Hemet, CA. Tucked into the highly desirable, unincorporated Valle Vista sphere of influence, this expansive, flat parcel boasts rare and flexible R-T (Mobilehome Subdivision) zoning. It represents the ultimate blank canvas for high-density manufactured, modular, or affordable housing communities. Save months of standard developer onboarding time! This property features a completed Pre-Application Review (PAR250030) with the county, proving out an incredibly lucrative blueprint for a high-density community layout (up to 51 units/duplexes). The property also features a 100% flawless municipal record—decades of routine code enforcement, surveys, and fire hazard reduction cases are fully closed in compliance or verified non-billable, guaranteeing a pristine title with zero active violations or hidden liens. Infrastructure precedent is already established on-site via historical permits for site prep, gas line conversions, and water hookups. Framed by beautiful panoramic mountain backdrops and located within the Hemet Unified School District, this is a premier institutional-grade land play. INVESTOR BONUS: The seller owns two additional separate listings nearby. Acquire this lot individually to build your flagship community, or purchase all three as a powerful package deal to instantly command a dominant footprint in the local residential market. Buyer to independently verify all utility capacities, easements, and current development requirements with Riverside County. Act fast—opportunities with this level of pre-vetted density potential and portfolio scaling are exceptionally rare!

Property details

MLS number
IG26219633
Status
Active
Type
Land
Lot size
8.9 acres
County
Riverside
More property detailsExpandCollapse

Listing

Days on market
0

Exterior & parking

Lot features
Level, Street Level
Lot size source
Assessor
Property outlook
Hills, Meadow, Mountains, Neighborhood

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Overhead Utilities
Community features
Curbs, Foothills, Gutters, Mountainous, Storm Drains, Street Lights, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Valle Vista Elementary (school website, opens in a new tab) Hemet Unified · Hemet Not reported 1.0 mi
Bautista Creek Elementary (school website, opens in a new tab) Hemet Unified · Hemet K–5 1.4 mi
Little Lake Elementary (school website, opens in a new tab) Hemet Unified · Hemet Not reported 2.3 mi
Dartmouth Middle (school website, opens in a new tab) Hemet Unified · Hemet 6–8 2.8 mi
Hemet Dual Language Academy (school website, opens in a new tab) Hemet Unified · Hemet K–8 2.8 mi
Park Hill Elementary (school website, opens in a new tab) San Jacinto Unified · San Jacinto Not reported 3.0 mi
Hemet High (school website, opens in a new tab) Hemet Unified · Hemet 9–12 3.0 mi
North Mountain Middle (school website, opens in a new tab) San Jacinto Unified · San Jacinto 6–8 3.2 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,300,000
MLS-reported original asking price
$1,300,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 9, 2026 00:35$1,300,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Hemet

Active residential homes for sale in Hemet, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings456Current authorized inventory
Median asking price$419,950456 listings with a valid price
Median asking price / sq ft$253.55428 listings with confirmed sq ft
Median days on market25456 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction64
Listings with an increase3

67 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 07:46 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.