
Green Valley Lake, California 92341
This mountain cabin represents a Strong Value Opportunity, listed at a List Price of $448,000—positioned well below the $483,881 Fair Market Value by 7%. This valuation gap provides $35,881 in Instant Equity. With a Fair Condition Rating, the property offers significant potential for value-add renovations. Featuring a 1,924 sq ft layout, scenic mountain views, and strategic winter access, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a versatile mountain retreat with high short-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33393 Robin Drive Subject 4 bd · 2 ba · 1,924 sqft · $251 | $448,000* List Price | 4 | 2 | 1,924 | $251 | - |
A 33037 Canyon Drive Sold 4 bd · 2 ba · 1,814 sqft · $298 · 0.4 mi | $540,000 | 4 | 2 | 1,814 | $298 | 0.4 mi |
B 33466 Angeles Active 3 bd · 3 ba · 1,756 sqft · $281 · 0.1 mi | $494,000 List Price | 3 | 3 | 1,756 | $281 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old), the property falls into the >30y category requiring rehab. The kitchen and bathrooms appear to be in original condition with dated oak cabinetry and laminate countertops. While functional, the interior shows significant age with older carpeting and fixtures, and the presence of uninstalled flooring materials indicates a property in need of modernization.
The seller is offering below-market financing and a potential mortgage carry, providing a significant financial advantage and easier entry for buyers in a high-interest-rate market.
With over 1,900 square feet, four bedrooms, and dedicated bonus spaces like a game room and workshop, the property is ideally configured for a lucrative short-term vacation rental.
The street-to-street lot includes a parking deck on Falling Leaf Drive, ensuring reliable vehicle access and convenience during heavy snow months, a critical feature for mountain living.
The property is located several miles from local schools, with the middle and high schools over seven miles away, which may be a drawback for full-time residents with school-aged children.
Built in 1984, the home may require more frequent maintenance or updates to systems and energy efficiency compared to newer constructions in the area.
Owner is offering below market financing! Welcome to your Mountain Retreat! Beautifully blended contemporary design with rustic elements, 4 bedrooms 2 full bathrooms perfect for those large family gatherings. When you first enter you'll notice a large entry with 2 bedrooms 1 bedroom has a fireplace, 1 full bathroom along with a game room or media room, workshop or a family room. With over 1900 sq ft this cabin has a great potential for short term rental. Well designed layout and plenty of shared living spaces, the upper level's open living, kitchen and dining area lead out to a great entertaining deck with great views. Property goes from street to street with a parking deck located on Falling Leaf Dr. for winter access. Owners may carry mortgage note.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-8 • 7.6 mi
Grades 6-8 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,924 | 1,476.857 |
| Lot Size | 4,967 | 7,162.429 |
| Price | $448.0K | $394.0K |
| Price per sq ft | $233 | $303 |
| Built year | 1984 | 1971 |
| HOA | $0 | $0 |
| Days on market | 37 | 52 |
Sep 17, 2026
$448,000
Initial Listing
Jul 27, 2020
$270,000
Public Record
Nov 16, 1993
$115,000
Public Record