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33037 Canyon Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 4 bed, 2 bath

33037 Canyon Drive, Green Valley Lake, California 92341 home-pic-0
ACTIVE$585,000
33037 Canyon Drive, Green Valley Lake, California 92341
4Beds
2Baths
1,814Sqft
4,992Lot

Price Vs. Estimate

The estimated value ($426,849.91) is $158,150.09 (27%) lower than the list price ($585,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unrivaled Lakefront Access & Views: The property boasts an exceptional, unobstructed lakefront location with direct access (15 feet from the door) and panoramic lake views from the living area, offering a premium waterfront experience.
Top Cons:
Significant Discrepancy in Valuation: The current listing price is 27% higher than the automated property estimation, which may indicate overpricing and could challenge buyer perception of fair market value.

Compared to the nearby listings

Price:$585.0K vs avg $338.5K (+$246,500)96%
Size:1,814 sqft vs avg 1,215 sqft77%
Price/sqft:$322 vs avg $27969%

More Insights

Built in 1960 (65 years old).
Condition: Built in 1960, this property's age suggests that while the exterior has seen recent maintenance (repainted, re-stained deck), the interior, particularly the kitchen and bathrooms, are likely original or have very dated updates. The listing description does not mention any significant interior renovations, and the property analysis highlights the 'Age of Property' and potential for 'outdated internal systems or interior finishes'. This indicates that major components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards.
Year Built
1960
Close
-
List price
$585K
Original List price
$650K
Price/Sqft
$322
HOA
-
Days on market
-
Sold On
-
MLS number
IG24183674
Home ConditionFair
Features
Excellent View: Hills, Lake, Mountain(s), Neighborhood, Trees/Woods
Deck
ViewHills, Lake, Mountain(s), Neighborhood, Trees/Woods

About this home

First time on the market ONE OF A KIND PROPERTY! Adorable cabin with "Lake Views" right from your living WINDOW! Best location in Green Valley Lake with an unobstructed view of the lake. Walk out of your front door 15 feet and throw a fishing pole right into the lake! This cabin has a perfect set up for a short term rental or family home! Can't do stairs, this one is perfect. The driveway, kitchen, 2 decks/patios, living room 2 bedroom's and 1 bathroom are all on the main level! Sit back on the newly refinished patio and listen to the woodpeckers peck, watch the squirrels and listen to the tree blow in the breeze. This peaceful and tranquil location is ideal for relaxation and a great place to unwind. Includes a paddle boat and row boat. Green Valley Lake has fishing, boating, biking, hiking and park use. Walking distance to everything that Green Valley has to offer. No need to drive around from this location. Seller just repainted the entire exterior and re stained the deck. Owners have option to purchase exclusive beach and fishing passes. Home Ownership includes stock in the lake/town and grants voter rights.

Nearby schools

4/10
Charles Hoffman Elementary School
Public,•K-5•2.5mi
/10
Rim Virtual
Public,•K-8•7.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•7.6mi
6/10
Rim Of The World Senior High School
Public,•9-12•7.2mi
Condition Rating
Fair
Built in 1960, this property's age suggests that while the exterior has seen recent maintenance (repainted, re-stained deck), the interior, particularly the kitchen and bathrooms, are likely original or have very dated updates. The listing description does not mention any significant interior renovations, and the property analysis highlights the 'Age of Property' and potential for 'outdated internal systems or interior finishes'. This indicates that major components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards.
Pros & Cons

Pros

Unrivaled Lakefront Access & Views: The property boasts an exceptional, unobstructed lakefront location with direct access (15 feet from the door) and panoramic lake views from the living area, offering a premium waterfront experience.
High Income Potential & Versatility: Perfectly set up for a short-term rental or a family home, this property appeals to a broad market, including investors seeking revenue and families desiring a versatile residence.
Main Level Accessibility & Convenience: Featuring a driveway, kitchen, two decks/patios, living room, two bedrooms, and one bathroom all on the main level, it offers excellent accessibility and ease of living.
Exclusive Community Privileges: Ownership includes stock in the lake/town with voter rights, options for exclusive beach/fishing passes, and recreational boats, providing unique value and lifestyle benefits.
Recent Exterior Upgrades & Serene Environment: The seller has recently repainted the entire exterior and re-stained the deck, enhancing curb appeal, complemented by a peaceful and tranquil natural setting.

Cons

Significant Discrepancy in Valuation: The current listing price is 27% higher than the automated property estimation, which may indicate overpricing and could challenge buyer perception of fair market value.
Age of Property: Built in 1960, the cabin's age suggests potential for outdated internal systems (e.g., plumbing, electrical, HVAC) or interior finishes that may require future investment from the buyer.
History of Price Reductions: Multiple price drops from the original listing price of $650,000 to the current $585,000 suggest initial overvaluation or difficulty in attracting buyers, potentially signaling further negotiation room.

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