1779 Hannon, Cherry Valley, California 92223, Cherry Valley, 92223 - 6 bed, 6 bath
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Cherry Valley, California 92223
This Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,465,255 Fair Market Value by 14%. This valuation gap offers $215,255 in Instant Equity. Featuring a 6-bedroom main residence and a detached 2-bedroom ADU, the property maintains a Condition Rating of 3. With a spool, waterfall, and mountain views, it offers significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, high-utility living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1779 Hannon Subject | $1,250,000* List Price | 6 | 6 | 5,122 | $286 | - |
A 1791 Hannon Sold | $1,130,000 | 4 | 4 | 3,662 | $309 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (20 years old), the property is well-maintained and move-in ready. It features updated luxury vinyl plank flooring and at least one fully renovated bathroom with modern fixtures and tile. While some cabinetry reflects the original build date, the overall condition is functional and clean, fitting the 10-20 year age criteria for a well-maintained home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30492, living area = 5122.
The property features a detached 2-bedroom ADU and a main residence with multiple wings, providing an ideal setup for extended families, guest housing, or significant rental income potential.
Situated on a nearly 0.7-acre lot, the backyard oasis includes a 'spool' with a waterfall, RV parking, and a custom hobby shed, all complemented by breathtaking mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5122, other record living area = 3661. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The listing requires the buyer to verify all permits and square footage for the ADU, which may indicate potential discrepancies in official records or unpermitted improvements.
Priced at $1.25M in Cherry Valley, the property is at a premium price point for the area, which may face appraisal challenges or a smaller pool of qualified buyers compared to more central locations.
Welcome to this exceptional Cherry Valley retreat on a beautifully landscaped lot designed for comfortable living, entertaining and multi-generational flexibility. The main residence feature 7 spacious bedrooms, formal dining room, expansive family room, large kitchen with oversized pantry, laundry room, abundant storage and 4 bathrooms. Thoughtfully designed with multiple hallway wings, the home provides both privacy and functionality for larger households or excellent for telecommuters! The detached second residence (ADU) offers 2 bedrooms, a large bathroom, dining area, private laundry area and a comfortable living space—ideal for extended family, guests, rental income potential or a private home office setup. Buyer to verify all permits, uses, and square footage. Per owner main home is 3,662 square feet and ADU is 1,246 square feet. Outside you will enjoy your own backyard oasis featuring a sparkling spool with waterfall, covered porches, RV parking, mature landscaping, garden areas, play space and a custom hobby shed. The property offers the perfect balance of rural tranquility and modern convenience with breathtaking mountain views and room to enjoy the outdoors. Whether you're looking for multi-generational living, space to work from home, room for hobbies and toys or the ultimate entertaining property, this one-of-a-kind Cherry Valley estate style property delivers endless possibilities. Enjoy the peaceful surroundings, tranquil setting and flexible living arrangements that make this property truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 96% |
| Baths | 6.0 | 3.0 | 100% |
| Square foot | 5,122 | 2,025 | 100% |
| Lot Size | 30,492 | 6,970 | 95% |
| Price | $1.25M | $530.0K | 99% |
| Price per sq ft | $244 | $264 | 36% |
| Built year | 2006 | 2007 | 49% |
| HOA | $0 | $146 | 33% |
| Days on market | 15 | 159 | 2% |
May 30, 2026
$1,250,000
Initial Listing
Feb 15, 2019
$635,000
Public Record
Mar 2, 2007
$679,000
Public Record