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31770 Wakefield, Homeland, CA 92548

$460K2bd · 2ba · 912 sqft
Lot 11,326 sqft•Single Family Residence•
Active
•53d on market•MLS# OC-26199281

Property Description

Welcome home to this freshly renovated 2-bedroom, 1-bath home! Prepare to be amazed by the incredible bonus features this property offers, including a spacious loft/multipurpose room perfect for a home office, an additional second physical bathroom, and a highly desired separate laundry room.Inside, every detail has been thoughtfully updated. Features include fresh paint, new flooring, a beautifully renovated bathroom, a brand-new mini-split climate control system, and a new roof for ultimate peace of mind.The property sits on a massive 11,326 SF lot with all the infrastructure ready to go—fully hooked up to the sewer system, natural gas, electricity, and water. Highlighting a spacious backyard with lots of potential, the expansive footprint offers plenty of room for entertaining, outdoor enjoyment, and a growing family. This rare gem truly blends modern convenience with functional bonus space. Move-in ready and waiting for its new owner!

Features & Amenities

FeeBuilt 1961

Property Details

Land Type
Fee
Year Built
1961
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
See Remarks
Cooling
See Remarks
View
None
Roof
Shingle
City
Homeland
Zip Code
92548
County
Riverside
Listed bySalem Realty Group, Inc., Jose Lemus

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,325.50
Principal & Interest
Loan Amount
$367,920
Total Interest
$469,262
Total Payment Over 30 Years
$837,182
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

Affordable Tier · 5 active · 5 closed

31770 Wakefield, Homeland, CA 92548

Homeland · Single Family Residence

$460K
Affordable Tier
Beds
2
Baths
2
Sqft
912
Lot
11,326 sqft
Year
1961
$/Sqft
$504
Pool: No✓
View: None✓

Listed 10.8% above the median closed sale of $415,000. Price per sqft ($504) is a 40% premium to closed comps ($359). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $460K· $504/sqft
Total list price
Closed comps
vs closed median $415K
+$45K (+10.8%)
Active comps
vs active median $400K
+$60K (+15.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $258
+$246 (+95.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30760 Paradise PalmHomeland1988221,8607,405$211$392,000959
30756 Impala CourtWinchester2024331,3753,546$364$499,9991047
256 Four SeasonsHemet2004221,5473,485$259$399,9003947
179 Lehman WayHemet2007221,8096,534$231$417,000646
8731 Mann LaneHemet2005221,7614,792$227$399,9002545
Total: 5 · Average2.22.21,670.45,152.4$258.4$421,759.817.8
Median1,761$399,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26371 SteinhoffHemet198002/09/2026321,07513,068$399,000$415,000$3861.044474
26251 OlsonHomeland200205/20/2026321,3447,841$405,000$410,000$3051.015172
32476 State Highway 74Hemet192506/11/20262175021,780$400,000$403,000$5371.0112270
30985 AllenHomeland200510/01/2026322,10827,878$480,000$490,000$2321.024554
25647 Sedona LaneHomeland202510/01/2026321,5465,227$519,000$515,000$3330.994353
Total: 5 · Average2.81.81,364.615,158.8$446,600$446,600$358.6—61
Median1,344$415,000$415,000

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.