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Country Homebuilding Land
For Sale
$340,000
Pending

40580 Newport Road, Hemet, CA 92544

7.2-acre residential lot with power and water meters installed, located in Diamond Valley near Hemet.

Property SizeContact for details
Lot Size7.20 Acres
Days on Market392

Property Features for 40580 Newport Road

General Information

Standard status Pending
Lot size 7.20 Acres
Property subtype Lots/Land

Additional Details

Utilities to Site Yes
Listing Agency: SimpliHOM
Listed By: Elizabeth Good · License #01833600
Source: Exitrealty
Added: Jul 28, 2025 Changed: Aug 8 Last Checked: Jul 11 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SimpliHOM

Investment Insights

Based on property information with market context.

This 7.2-acre residential land parcel is set up for a custom build, with power and water meters already installed. The property includes a prior site, which may help guide development planning for your new home. The setting is described as rural and surrounded by natural surroundings.

The property is located in Diamond Valley in Hemet, California, positioned south of Hemet and east of Domengoni Dam. The seller notes convenient access while maintaining a quieter, country-style environment.

For buyers looking to build, this parcel offers utilities in place and a property footprint identified by a previous site on the land.

Key Highlights

  • 7.2‑acre residential lot in the Diamond Valley area of Hemet, CA.
  • Power and water meters are already installed on the property.
  • Located south of Hemet and east of Domengoni Dam.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop HVAC Service Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 92544, CA

50,007
Population
17,568
Households
2.8
Avg Household Size
37
Median Age
14%
College-Educated
81%
High-School Grad
170.8 sq mi
ZIP Area
293
Density / Sq Mi
$67,011
Median Household Income
$37,785
Median Earnings
$1,530
Median Rent
$356,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.2-acre residential lot with power and water meters installed, located in Diamond Valley near Hemet.
Where is this residential land & home lot located?
The property is located at 40580 Newport Road Hemet, CA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 7.2‑acre residential lot in the Diamond Valley area of Hemet, CA.; Power and water meters are already installed on the property.; Located south of Hemet and east of Domengoni Dam.
More about this property
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