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520 Olazabal Dr, Hemet, CA, 92545

3beds
3baths
2,755sqft
$589,500
$214price/sqft
$4,434/moest. monthly cost
$177,360/yrincome needed

About This Home

PRICED TO SELL.....Stunning home on arguably the most coveted private lot in this extraordinary 55+ gated community with 24/7 security beautiful views surrounded by Hemet Golf course and hills. The front of the house overlooks a tee-box and lush fairway and the views from the back include a view of mountains a panoramic view. Enter into magnificent custom tile floors that go throughout the house expect carpeted bedrooms and wood type floor in office/den . This is the largest model with over 2700 sq ft 3 bedroom 3 baths and a den/office. The formal living room features a gorgeous double sided fireplace , French door type sliders lead to the spacious patio large family room connected to gourmet kitchen that has custom cabinets, granite, water purifier, Large master bedroom with lovely views has 2 large walk in closets other two bedrooms are separated by a full bath. This home is lovely make it a must see. The community is top notch offering many activities and a full Bistro for dining plus movie theater and much more. Professional photos coming

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

4/10
3/10
5/10
Tahquitz High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2005

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • All Bedrooms Down
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,755 sqft

Property

Details

  • Parcel number: 455480043
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front door
  • Pool features: Association
  • Has spa: Yes
  • Spa features: Association
  • Fencing: Wood
  • Has view: Yes
  • View description: Golf Course,Neighborhood

Lot

  • Lot size: 6,970 sqft
  • Features: Rectangular Lot,Sloped Up

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Heat Wave

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,980$35,760
Home Insurance *$176$2,112
Property Taxes $688$8,256
Electricity $590$7,089
Total$4,434$53,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,022/yr
40% on housing$133,020/yr
45% on housing$118,240/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 92545$157
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92545$247
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Price change$589,500
2026-04-21Price change$605,000
2026-03-23Listed for sale$615,000
2019-03-04Sold$410,000
2019-01-12Pending sale$429,500
2019-01-07Price change$429,500
2018-07-29Listed for sale$435,900
2018-04-02Sold$375,000
2018-03-15Pending sale$379,000
2018-03-05Price change$379,000
2018-02-06Price change$386,000
2018-01-15Listed for sale$389,500
2017-12-07Listing removed$389,500
2017-11-29Listed for sale$389,500
2005-03-17Sold$570,000

For Sale by Agent

AgentStella Torres
BrokerageRE/MAX Empire Properties

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