33435 Falling Leaf Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 3 bed, 2 bath

33435 Falling Leaf Drive, Green Valley Lake, California 92341 home-pic-0

33435 Falling Leaf Drive

Green Valley Lake, California 92341

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,220Sq Ft
4,777Lot Size

Property Price

LIST PRICE$349,000
EST. MARKET VALUE
$366,967
4% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$366,967 +$17,967 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Green Valley Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
33435 Falling Leaf Drive
Subject
$349,000*
List Price
321,220$301-
A
33387 Robin Drive
Sold
$315,000321,080$2920.1 mi
B
33480 Weeping Willow Drive
Sold
$285,000211,000$2850.3 mi
C
33478 Angeles Drive
Sold
$345,000221,234$2800.0 mi
D
33663 Green Valley Lane
Sold
$325,000221,164$2790.3 mi
E
33389 Wild Cherry Drive
Pending
$410,000
List Price
321,479$2770.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property is a fully renovated, turn-key mountain chalet that meets the criteria for extensive recent updates. The interior features a modern kitchen with quartz countertops, subway tile backsplashes, and stainless steel appliances. Recent upgrades also include luxury vinyl plank flooring, new carpeting, and refreshed bathrooms. Despite the 1988 build year, the property shows no signs of deferred maintenance and reflects current design standards, making it move-in ready for use as a primary residence or high-end short-term rental.

PROSSTRENGTHS & OPPORTUNITIES

  • Turn-Key Modern Updates

    The property features significant recent renovations, including an updated kitchen with quartz countertops, luxury vinyl plank flooring, and refreshed bathrooms, offering a move-in-ready experience.

  • Proven Investment Potential

    Currently operating as a successful Airbnb, the home’s three-story layout and private upper-level entrance make it an ideal income-producing asset with established short-term rental appeal.

  • Prime Lakeside Proximity

    Located just 0.3 miles from Green Valley Lake, the property offers residents and guests immediate access to premium mountain recreation including swimming, fishing, and kayaking.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1220, other record living area = 920. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Limited Bathroom Count

    With three bedrooms but only 1.5 bathrooms, the property may experience functional bottlenecks during high-occupancy stays or for larger groups.

  • Vertical Layout Challenges

    The three-story chalet design requires navigating multiple flights of stairs, which may pose accessibility issues for some guests or residents and complicates moving supplies between levels.

About 33435 Falling Leaf Drive

Rare opportunity to own a turn-key chalet-style mountain retreat currently operating as a successful Airbnb in the heart of Green Valley Lake, nestled within the scenic San Bernardino Mountains. This beautifully updated 3-bedroom, 1.5-bath cabin offers approximately 1,220 sq ft of inviting living space on a 4,777 sq ft lot with designated parking. Recent upgrades include an updated kitchen with quartz countertops, luxury vinyl plank flooring, carpet, and updated bathrooms — move-in ready. The property offers refined alpine charm blended seamlessly with modern comfort. The three-story layout features a warm and inviting living area anchored by a gas stove fireplace, an open-concept flow ideal for entertaining, and expansive decking surrounded by towering pines — including two decks on levels one and two, perfect for morning coffee, outdoor dining, or evening gatherings under the stars. A private upper-level bedroom with its own deck and separate entrance provides flexibility for guests or enhanced short-term rental appeal. Located approximately 0.3 miles from the lake, residents and guests enjoy convenient access to swimming, fishing, kayaking, and hiking, while being just about 25 miles from Redlands and roughly 85–90 miles from Los Angeles, offering both peaceful seclusion and easy city accessibility. Ideal as a full-time residence, luxury mountain escape, or income-producing investment property, this home embodies elevated mountain living with proven rental potential.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
4,777 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Green Valley Lake Unified Schools

Charles Hoffman Elementary School

Grades K-5 • 2.8 mi

4/10

Rim Virtual

Grades K-8 • 7.7 mi

/10

Mary P. Henck Intermediate School

Grades 6-8 • 8.1 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
56%
Baths2.02.0
50%
Square foot1,2201,164
52%
Lot Size4,7776,321
40%
Price$349.0K$325.0K
56%
Price per sq ft$286$280
56%
Built year19881966
76%
HOA$0$0
50%
Days on market17254
4%

Pricing History

Listed for Sale

Feb 18, 2026

$349,000

Initial Listing

Sold

Feb 7, 2022

$380,000

Public Record

Sold

Apr 16, 1999

$70,500

Public Record

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