33308 Iris Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 2 bed, 2 bath
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Green Valley Lake, California 92341
This Modern Log-Style Retreat is listed at $399,999, reflecting its premium 2008 Construction and Good Condition Rating. While positioned above the $336,597 Fair Market Value estimate, the home justifies its valuation through high-end features like Butcher Block Countertops, Stainless Steel Appliances, and Three Inviting Decks. With an Estimated Rental Income of $31,600 and rare RV/Boat Parking, the property offers superior utility within the Bear Valley Unified School District. This turnkey escape is ideal for Second-Home Buyers or Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33308 Iris Drive Subject | $389,900* List Price | 2 | 2 | 1,084 | $308 | - |
A 33435 Falling Leaf Drive Sold | $347,000 | 3 | 2 | 1,220 | $284 | 0.4 mi |
B 33480 Weeping Willow Drive Sold | $285,000 | 2 | 1 | 1,000 | $285 | 0.2 mi |
C 33389 Wild Cherry Drive Sold | $410,000 | 3 | 2 | 1,479 | $277 | 0.2 mi |
D 33478 Angeles Drive Sold | $345,000 | 2 | 2 | 1,234 | $280 | 0.4 mi |
E 33387 Robin Drive Sold | $315,000 | 3 | 2 | 1,080 | $292 | 0.4 mi |
F 32991 Canyon Drive Sold | $320,000 | 2 | 2 | 1,152 | $278 | 0.5 mi |
G 33424 Holcomb Creek Drive Active | $329,000 List Price | 2 | 2 | 1,080 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls perfectly into the 10-20 year age bracket for a 'good' rating. It is move-in ready and has been well-maintained as a lightly used second home. The kitchen features modern stainless steel appliances and butcher block countertops, and the interior wood finishes and systems appear functional and within their expected lifespan without requiring immediate renovation.
Built in 2008 and lightly used as a second home, this property offers superior structural integrity and modern systems compared to older area cabins, featuring updated stainless steel appliances and butcher block countertops.
The home boasts three spacious decks for enjoying the mountain air, a larger-than-average lot, and rare dedicated parking for an RV or boat, catering perfectly to outdoor enthusiasts.
With an estimated annual rental income of $31,600 and close proximity to forest trails and lake recreation, this property presents a compelling opportunity for a high-yield short-term rental.
At just 1,084 square feet with a 1.5-bath layout, the interior space may feel restrictive for larger groups or families seeking a full-time residence.
The property is located a significant distance from local schools, with the middle and high schools situated over 7.5 miles away, which may deter long-term buyers with school-aged children.
Built in 2008 and lightly used as a second home, this beautifully maintained log-style retreat offers the perfect blend of rustic charm and modern convenience. Set on a larger lot this home features two spacious bedrooms, 1.5 baths, and three inviting decks to enjoy the mountain air. Inside, you’ll find wood finishes throughout, a cozy wood-burning stove, and a gas fireplace in the primary bedroom. The kitchen includes butcher block countertops, stainless steel appliances, and convenient access to the backyard. A stackable washer/dryer and basement access through the interior add functionality. With room to park your RV or boat, you’ll enjoy the ability to purchase annual passes for fishing, boating, and swimming. The forest is just a short stroll away, making this the ideal mountain escape. Estimated rental income is: $31,600. 3rd party proforma data available by request.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades K-8 • 7.4 mi
Grades 6-8 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,084 | 1,118 | 50% |
| Lot Size | 4,428 | 4,888 | 41% |
| Price | $389.9K | $342.5K | 77% |
| Price per sq ft | $360 | $285 | 68% |
| Built year | 2008 | 1966 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 295 | 5% |
Apr 16, 2026
$389,900
$399,999
-3% Price Drop
Initial Listing
Feb 27, 2026
$399,999
Initial Listing