
Cherry Valley, California 92223
Analysis of 10820 Hannon, Cherry Valley, California 92223 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Cherry Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is explicitly marketed as a fixer-upper and shows significant signs of deferred maintenance and neglect. While the kitchen features granite countertops and dark cabinetry, the overall interior condition is poor, with visible wall damage (unpainted patches), dated and worn purple carpeting, and a bedroom window boarded up with plywood. The presence of a window AC unit in a boarded window suggests potential failures in the central HVAC system or structural issues with the window frames, requiring substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 3284.
The nearly half-acre lot provides ample space for outdoor living, gardens, or the addition of an Accessory Dwelling Unit (ADU), offering significant versatility for future development.
With 3,284 square feet of interior space, this home offers a substantial floor plan with large rooms and a classic layout, providing a solid foundation for a high-end remodel.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20038, other record lot size in square feet = 12196.
The home is in need of significant repairs and updates throughout, requiring a buyer with a substantial renovation budget and the ability to manage a large-scale project.
Given the $799,000 list price and the 'fixer' status, the total investment needed to bring the home to modern standards may challenge the immediate market value for some buyers.
Discover the opportunity to create your dream home on this charming half-acre property, nestled in the heart of peaceful Cherry Valley. This fixer-upper is bursting with potential, featuring great bones, timeless architectural charm, and room to reimagine every detail. Step inside and envision the possibilities — from the classic layout to the beautiful original features just waiting to be revived, this home offers a canvas for creativity and customization. Enjoy the quiet, open feel of the surrounding area, room to expand, and space for gardens, patios, or even a future ADU. With ample privacy, a spacious lot, and unbeatable potential, this is your opportunity to turn a fixer into a forever home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,284 | 2,025 | 94% |
| Lot Size | 20,038 | 6,970 | 93% |
| Price | $799.0K | $535.0K | 97% |
| Price per sq ft | $243 | $261 | 36% |
| Built year | 1991 | 2007 | 18% |
| HOA | $0 | $155 | 32% |
| Days on market | 122 | 165 | 30% |
Feb 5, 2026
$799,000
Initial Listing
Aug 24, 2018
$170,000
Public Record
Jun 25, 2004
$200,000
Public Record
Apr 10, 1998
$42,500
Public Record