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

1192 Cherry Lane
Calimesa, California 92320
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1192 Cherry Lane Subject | $519,150* List Price | 3 | 2 | 1,650 | $312 | - |
A 249 Harruby Sold | $505,000 | 3 | 2 | 1,406 | $359 | 0.6 mi |
B 1183 5th Sold | $533,000 | 3 | 2 | 1,572 | $339 | 0.0 mi |
C 406 Myrtlewood Drive Sold | $553,000 | 3 | 2 | 1,983 | $279 | 0.2 mi |
D 354 Ponderosa Trail Sold | $547,000 | 3 | 2 | 1,414 | $387 | 0.3 mi |
E 372 Sandalwood Drive Sold | $580,000 | 4 | 3 | 2,217 | $262 | 0.3 mi |
F 371 Rogers Court Active | $625,000 List Price | 4 | 2 | 1,760 | $355 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,650 | 2,074 | 33% |
| Lot Size | 8,712 | 9,148 | 46% |
| Price | $519.1K | $580.0K | 15% |
| Price per sq ft | $315 | $288 | 54% |
| Built year | 1958 | 1988 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 177 | 8% |
Pricing History
Listed for Sale
Jan 8, 2026
$519,150
Initial Listing


























