10265 Nancy Avenue, Cherry Valley, California 92223, Cherry Valley, 92223 - 5 bed, 3 bath

10265 Nancy Avenue, Cherry Valley, California 92223 home-pic-0
ACTIVE$690,000
10265 Nancy Avenue, Cherry Valley, California 92223
5Beds
3Baths
2,800Sqft
61,855Lot
Year Built
1989
Close
-
List price
$690K
Original List price
$749K
Price/Sqft
$246
HOA
-
Days on market
-
Sold On
-
MLS number
OC25115522
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $690.0K(93th), sqft - 2800(85th), beds - 5(87th), baths - 3(50th).

RARE Corner Lot ! Horse Property with Income potential! 4 Horse Stalls! Beautifully situated on a Tree Lined street, Over 1.5 Acres of Horse Property in Cherry Valley. Large Farmhouse style ~ Main home boasts 4 Bedrooms and 2.5 Baths. 2 Bedrooms on MAIN Level and 2 Bedrooms upstairs. Full Bathroom and 1/2 Bathroom on 1st level and full Bathroom upstairs. Unique architectural design accents the beaming sunlight throughout the home in all rooms! Oversized living room, family room, den, office and dining rooms are super spacious and bright. Additionally there is a separate Farmhouse STUDIO with AC, lighting, drywall, insulation and 2 door entry. Horse stables with 4 horse corals/stables. Open Barn, 2 Driveways accessible from both streets, RV, Boat, 10+ Vehicle parking and tons of fruit trees! 5 Walnut trees, 1 Apricot, 1 Peach all situated in a Park-Like Setting. **Estimated Stall Rentals Average for Cherry Valley reasonably expect stall to fall within approximately $350–$550 per month, depending on the amenities—like turnout, size, covered stalls, or additional services.** Seller small carry back option considered.

Price History

Date
Event
Price
08/08/25
Price Change
$690,000-1.4%
08/05/25
$700,000
05/25/25
$749,000
Condition Rating
Fair

Built in 1989, this property is 35 years old and shows signs of its age. The kitchen features dated wood cabinets, older white appliances, and laminate countertops, indicating it's functional but requires significant aesthetic updates. While the home appears maintained, there's no indication of recent major renovations. Interior finishes like flooring and light fixtures are generally older styles. The property is habitable but would benefit from minor to moderate updates to bring it to contemporary standards, aligning with the 'Fair' condition criteria for homes built 25-40 years ago with no major renovations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 61855, living area = 2800.
Income Potential: The property offers significant income potential with 4 horse stalls, estimated to rent for $350-$550 per month each, and a separate, well-equipped farmhouse studio.
Expansive Horse Property: Situated on over 1.5 acres on a desirable corner lot, this property is ideal for equestrian enthusiasts, featuring 4 horse stalls and an open barn.
Abundant Parking & Accessibility: With two accessible driveways, RV, boat, and 10+ vehicle parking, the property provides exceptional convenience for multiple vehicles or large equipment.
Versatile Living Spaces: The main home boasts oversized living, family, den, office, and dining rooms, offering ample space and flexibility, complemented by unique architectural design maximizing natural light.
Mature Landscaping & Fruit Trees: The park-like setting includes a tree-lined street and numerous mature fruit trees (walnut, apricot, peach), enhancing the property's aesthetic appeal and potential for fresh produce.

Cons

Age of Property & Potential Updates: Built in 1989, the main farmhouse may require updates to systems or interior finishes to align with contemporary buyer expectations, as no recent renovations are specified for the main house.
Limited Cooling System: While the separate studio includes AC, the description does not mention a cooling system for the main 4-bedroom home, which could be a significant comfort concern during warmer months in Cherry Valley.
High Maintenance Demands: The extensive 1.5+ acre lot, horse facilities, and numerous trees will necessitate considerable ongoing maintenance and upkeep, which could be a deterrent for buyers seeking a low-maintenance lifestyle.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state