11285 Cherry Avenue, Cherry Valley, California 92223, Cherry Valley, 92223 - 4 bed, 2 bath

11285 Cherry Avenue, Cherry Valley, California 92223 home-pic-0

11285 Cherry Avenue

Cherry Valley, California 92223

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,714Sq Ft
49,658Lot Size

Property Price

LIST PRICE$749,000
EST. MARKET VALUE
$771,628
3% BelowMARKET VALUE

SUMMARY

Analysis of 11285 Cherry Avenue, Cherry Valley, California 92223 reveals a Prime Investment Opportunity with a current list price of $749,000—significantly undercutting the $771,628 Fair Market Value by 3%. This valuation gap indicates a +$22,628 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$771,628 +$22,628 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cherry Valley.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1952, this property has undergone extensive and recent renovations, bringing it to a virtually new condition. The description explicitly states 'Beautifully Renovated Ranch Home' with a 'fully renovated bath' and a 'brand-new kitchen' featuring new cabinets, dishwasher, and stove/range. Key upgrades include new recessed lighting, luxury laminate flooring, interior paint, ceiling fans, water heaters, and a NEW 3-TON HVAC system. The ADU also boasts 'all-new finishes.' The images confirm modern, high-quality finishes in the kitchen and bathrooms, and throughout the living spaces, aligning perfectly with the 'excellent' criteria of being extensively renovated within 5 years with all components being new or virtually new.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 49658, living area = 1714.

  • Extensive Renovations

    The main home has undergone significant upgrades including new HVAC, flooring, paint, lighting, water heaters, and a brand-new kitchen, offering modern comfort and reduced immediate maintenance for the buyer.

  • Income-Generating ADU

    An updated 576 sq ft ADU provides excellent potential for rental income, multi-generational living, or a dedicated home office/studio, significantly enhancing the property's versatility and value.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-06-10. The sold price is $475,000.00.

  • Age of Original Structure

    Built in 1952, despite extensive renovations, the underlying structure is over 70 years old, which may lead to concerns about unseen issues or require specific insurance considerations for some buyers.

  • Zoning & Development Uncertainty

    The description repeatedly states 'buyer to verify' regarding versatile zoning and potential for future development or additional ADUs, placing the burden of due diligence on the buyer and introducing an element of uncertainty.

About 11285 Cherry Avenue

Beautifully Renovated Ranch Home with Updated ADU on Over an Acre; Live, Work & Earn! Welcome to this thoughtfully upgraded ranch-style property offering comfort, functionality, and multiple-use potential. The main home is approx. 1,138 sq ft with 2 bedrooms, 1 fully renovated bath, plus a flexible bonus/flex room ideal as a 3rd bedroom, office, or studio. Enjoy a cozy fireplace and a long list of upgrades: new recessed lighting, luxury laminate flooring, baseboards, interior paint, ceiling fans, closets, water heaters, and a NEW 3-TON HVAC (heating & cooling). The brand-new kitchen features new cabinets, dishwasher, stove/range, and an attached laundry area with new windows. The updated ADU (approx. 576 sq ft) offers an oversized bedroom, three-quarter bath, generous storage, and all-new finishes (floors/paint/baseboards); perfect for extended family or income potential. Outdoors, enjoy desert-style, low-maintenance landscaping around both dwellings. The over-1-acre lot includes a chicken coop, dedicated small-animal area, tool shed, 1-car garage, and a long driveway with room for multiple vehicles; great for car enthusiasts or extra parking. Business & zoning upside: Situated along a well-trafficked road for visibility and potential foot traffic, the property’s versatile zoning (buyer to verify) may accommodate multiple uses; an excellent live/work opportunity. Live in one, work from home, and rent the ADU; or use both residences for multi-generational living and added income streams. Surrounded mostly by tract homes, this rare oversized lot stands out and may offer room for future development or additional ADUs (buyer to verify). Conveniently located near schools, hospitals, shopping, and the 60 & 10 freeways, framed by breathtaking mountain views. With approx. 1,714 sq ft combined living space, this is a unique chance to secure your ranch retreat with income and business potential; first open house this weekend; don’t miss it!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
49,658 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths2.03.0
45%
Square foot1,7141,989
35%
Lot Size49,6586,534
97%
Price$749.0K$530.0K
96%
Price per sq ft$437$261
97%
Built year19522007
6%
HOA$0$155
29%
Days on market66185
7%

Pricing History

Listed for Sale

Dec 31, 2025

$749,000

Initial Listing

Sold

Jun 10, 2025

$475,000

Public Record

Sold

Feb 15, 2022

$590,000

Public Record

Sold

Feb 13, 2018

$267,000

Public Record

Sold

Jan 28, 1998

$94,500

Public Record

Browse Properties by State Browse housing market trends by state