0.jpg
1 / 75

31420 Palm Avenue, Hemet, CA 92543

$2.19M3bd · 2ba · 1,768 sqft
Lot 820,670 sqft•Single Family Residence•
Active
•221d on market•MLS# SW-26046420

Property Description

Welcome to the renowned Zak Family Ranch (ZZ Ranch) in The Good Heart Valley in Pixley Canyon, located at the Southern Hemet / North Temecula border. Previously the hosting property to the Junior Rodeo and High School Rodeo events, this unique and functional venue/working-ranch/rodeo property sits at 19 acres of flat and usable ranching acreage, and is now being made available by the founding family after 25 years of real rodeoing history. The property includes a 1,768 sf 3 bedroom 2 bathroom single story ranch home overlooking its own 19 acres, surrounding valley, hills and distant mountains. In the center of the property is a roughly 5,000sf (110’x45’) MD Barnmaster barn with a 400sf bunkhouse including shower-bath-sink-toilet and pot belly stove, a 400sf tack-room with 240a dryer, 8 full stalls, wash-rack, hay storage, multiple 240a connections, & 2 RV hookups. Additional structures on site include a 4 space carport, shop with 240a connect, commercial food-grade cold storage brewery, chicken coop, garden greenhouse, and a custom pizza oven. The rodeo features of this property include 2 PRCA regulation size calf and roping arenas, WW Manufacturing roping chutes, a bucking chute, announcer stand platform, audience bleacher stands, and a round pen. The additional working-ranch features include a pig barn with stall, 5 turnout pastures with covers, 6 cattle pens with shelters, including the back 9 acre pasture parcel making up the total of the 19 acres. On property there are roughly 2/3 acre of vineyards (550+ vines) with additional citrus, peach, pear and apricot trees. Water is readily available by way of 3 wells, including bibs out to every corner of the property and within, and power with similar availability including a generator back-up connection. This is a one-of-a-kind ranch, capable of many purposes that further offers the possibilities of expansion in a multitude of different directions & uses.

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
12
Garage Spaces
8
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s), Panoramic, Valley, Vineyard
Flooring
Vinyl, Laminate, Tile
Roof
Tile
City
Hemet
Zip Code
92543
County
Riverside
Listed byBlue Jay Realty, Jensen Kierulff

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,048.55
Principal & Interest
Loan Amount
$1,748,000
Total Interest
$2,229,478
Total Payment Over 30 Years
$3,977,478
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

31420 Palm Avenue, Hemet, CA 92543

Hemet · Single Family Residence

$2.19M
Luxury Tier
Beds
3
Baths
2
Sqft
1,768
Lot
18.84 ac
Year
2002
$/Sqft
$1236
Pool: No✓
View: city✓
Garage: 8-car✓

Listed 375.1% above the median closed sale of $459,900. Price per sqft ($1,236) is a 356% premium to closed comps ($271). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.19M· $1,236/sqft
Total list price
Closed comps
vs closed median $460K
+$1.73M (+375.1%)
Active comps
vs active median $440K
+$1.75M (+396.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $371
+$865 (+233.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
332 RamonaHemet1928321,1846,534$405$479,0001157
42869 Woodside CourtHemet1997321,2567,405$350$440,0004645
2591 Bedford AvenueHemet1989321,2045,227$349$420,000144
5062 Wrangler WayHemet2024321,2240$408$499,9992943
560 Boston StreetHemet1989321,2764,791$341$435,0004342
Total: 5 · Average3.02.01,228.85,989.25$370.6$454,799.826
Median1,224$440,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
44465 Ruellin RoadHemet196910/08/2026321,760217,800$650,000$650,000$3691.0010680
4655 Birchleaf LaneHemet200010/08/2026321,7595,663$459,900$459,900$2611.004352
1773 Papaya TreeHemet199809/30/2026321,8467,405$449,000$450,000$2441.007151
4470 Berkley AvenueHemet200109/30/2026321,6048,712$479,500$465,000$2900.974150
1414 Barbados DriveHemet200110/01/2026221,7454,356$340,000$330,000$1890.977050
Total: 5 · Average2.82.01,742.848,787.2$470,980$470,980$270.6—66.2
Median1,759$459,900$459,900

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.