1192 Cherry Lane, Calimesa, California 92320, Calimesa, 92320 - 3 bed, 2 bath

1192 Cherry Lane, Calimesa, California 92320 home-pic-0

1192 Cherry Lane

Calimesa, California 92320

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,650Sq Ft
8,712Lot Size

Property Price

LIST PRICE$519,150
EST. MARKET VALUE
$515,325

SUMMARY

Analysis of 1192 Cherry Lane, Calimesa, California 92320 reveals a Fairly Priced Property with a current list price of $519,150  aligned with the estimated $515,325 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Calimesa 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

$515,325
Based on Realkey algorithm analyzing recent comparable sales in Calimesa.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1192 Cherry Lane
Subject
$519,150*
List Price
321,650$312-
A
249 Harruby
Sold
$505,000321,406$3590.6 mi
B
1183 5th
Sold
$533,000321,572$3390.0 mi
C
406 Myrtlewood Drive
Sold
$553,000321,983$2790.2 mi
D
354 Ponderosa Trail
Sold
$547,000321,414$3870.3 mi
E
372 Sandalwood Drive
Sold
$580,000432,217$2620.3 mi
F
371 Rogers Court
Active
$625,000
List Price
421,760$3550.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1958, this property is well-maintained but largely in original condition. While it features essential mechanical upgrades such as a newer HVAC system, new water heater, and updated dual-pane vinyl windows, the interior aesthetics—specifically the original wood kitchen cabinetry and carpeted flooring—are dated. The home is functional and livable but requires cosmetic modernization in the kitchen and bathrooms to align with current market trends.

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 = 8712, living area = 1650.

  • Modern Mechanical Upgrades

    The home features a newer HVAC system, new water heater, whole-house water filtration, and updated dual-pane vinyl windows, offering immediate comfort and energy efficiency for the new owner.

  • Expansive Outdoor Living

    The property boasts a massive, fully fenced backyard with mature fruit trees and a covered patio, providing a private oasis with ample room for a pool or outdoor entertaining.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1650, other record living area = 1575.

  • Cosmetic Modernization Needed

    With original 1958 cabinetry and features, the interior likely requires cosmetic updates to the kitchen and bathrooms to align with contemporary design standards.

  • Vintage Infrastructure Risks

    Given the 1958 construction date, potential buyers should be prepared for typical age-related maintenance or the need for future updates to systems not explicitly mentioned as renovated.

About 1192 Cherry Lane

Charming Calimesa home loaded with original features: warm wood cabinetry in the kitchen, a pocket door to the hallway, built in bookshelves at the entry, and, hiding under the carpet in the living room, bedrooms, and hall, you will find HARD WOOD FLOORS. In the family room, curl up with a cup of coffee or cocoa in front of the cozy fireplace. There are 3 spacious bedrooms and the primary bedroom has its own on-suite bath. The additional, very large, hall bath is for the rest of your crew. Newer HVAC system, new water heater, a whole house water filtration system, whole house fan, and updated dual pane vinyl windows keep you comfortable year around. Outside the sliding glass door, a HUGE, fully fenced backyard, with mature Orange, Lemon and Pomegranate trees, beckons you to come out and play, garden, BBQ, or just relax under the covered patio. If you like, there is even room for a pool. 2 car garage and large driveway offer plenty of parking. NO HOA. Located in a quiet, well-established neighborhood, close to shopping, restaurants, and quick freeway access for commuters.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1958
Lot Size
8,712 Sq. Ft.

Interior

Total Bedrooms
3
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)
Beds3.04.0
49%
Baths2.03.0
41%
Square foot1,6502,074
33%
Lot Size8,7129,148
46%
Price$519.1K$580.0K
15%
Price per sq ft$315$288
54%
Built year19581988
23%
HOA$0$0
50%
Days on market58177
8%

Pricing History

Listed for Sale

Jan 8, 2026

$519,150

Initial Listing

Browse Properties by State Browse housing market trends by state