33154 Piedras Grandes, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 3 bed, 2 bath
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Green Valley Lake, California 92341
This Value-Add Mountain Cabin is listed at $499,000, located within the Rim of the World district near Charles Hoffman Elementary and Rim Of The World Senior High. With a Fair Market Value of $312,103, the property’s Poor Condition Rating indicates a significant opportunity for forced appreciation through renovation. The 1,920 sqft layout includes mountain and forest views, two fireplaces, and a large deck on a 7,200 sqft lot. Featuring exclusive private lake access, this asset is a strategic acquisition for Value-Add Investors or Contractors seeking a high-utility mountain project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33154 Piedras Grandes Subject | $499,000* List Price | 3 | 2 | 1,920 | $163 | - |
A 33810 Meadow Lane Sold | $360,000 | 3 | 2 | 1,567 | $230 | 0.8 mi |
B 33460 Angeles Drive Sold | $499,000 | 3 | 3 | 2,220 | $225 | 0.5 mi |
C 33874 Green Valley Lake Road Active | $415,000 List Price | 3 | 2 | 1,410 | $294 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this property is 60 years old with no indication of major recent renovations. The listing explicitly states it 'needs a little TLC to bring it back to its former glory' and highlights 'Older Construction & Potential for Outdated Systems.' The exterior images show significantly weathered wood siding and decks that require substantial rehabilitation. While not explicitly stated as structurally unsound, the age and visible condition strongly suggest that major systems, kitchen, and bathrooms are severely outdated and will require significant investment for modernization and functional updates, aligning with the 'poor' condition criteria.
Situated in a desirable section of Green Valley Lake, offering exclusive access to a private lake for recreation (boating, fishing, swimming) and extensive hiking/biking trails, enhancing lifestyle appeal.
Boasts over 1900 sqft of living area and a substantial 7200 sqft lot, providing ample room for comfortable living and outdoor enjoyment.
Presents a flexible opportunity for full-time residency, a charming weekend retreat, or a lucrative investment property, appealing to a broad buyer demographic.
The property explicitly 'needs a little TLC to bring it back to its former glory,' indicating potential for immediate or future renovation costs and effort for buyers.
Built in 1964, the home likely features older infrastructure (e.g., plumbing, electrical) and finishes that may not meet contemporary standards or energy efficiency expectations.
While common in mountain cabins, the absence of central air conditioning could be a drawback for some buyers, especially during warmer periods or for those accustomed to modern climate control.
Located in a desirable section of Green Valley Lake, with over 1900 sf of living space and over 7200 sf lot. One full bath on each level, living room boast a wood burning fireplace, kitchen and bedroom on upper level. Lower level has a family room with a wood burning fireplace with access to a large deck. Cabin does need a little TLC to bring it back to its former glory! Green Valley Lake offers a private lake for boating, fishing and swimming and miles of hiking and biking trails. Property is a great opportunity for a full time residence, weekend getaway, or investment.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades K-8 • 7.2 mi
Grades 6-8 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,920 | 1,186 | 82% |
| Lot Size | 7,200 | 4,994 | 64% |
| Price | $499.0K | $342.5K | 91% |
| Price per sq ft | $260 | $282 | 32% |
| Built year | 1964 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 295 | 9% |
Jan 11, 2026
$499,000
Initial Listing