33519 Falling Leaf Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 2 bed, 2 bath
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33519 Falling Leaf Drive
Green Valley Lake, California 92341
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
989Sq Ft
4,704Lot Size
Property Price
LIST PRICE$389,000
EST. MARKET VALUE
$310,045
25% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $389,000—positioned well above the $310,046 Fair Market Value. While the list price exceeds the current valuation, the property maintains an Excellent Condition Rating due to a 2022 roof replacement, updated kitchen, and new central heating. The 700 sq. ft. unfinished basement provides significant expansion potential, while the mountain and tree top views offer a premium lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready escape.
Estimated Market Value
$310,045
Based on Realkey algorithm analyzing recent comparable sales in Green Valley Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33519 Falling Leaf Drive Subject | $389,000* List Price | 2 | 2 | 989 | $313 | - |
A 33436 Bluebird Sold | $368,000 | 3 | 2 | 1,231 | $299 | 0.1 mi |
B 33435 Falling Leaf Drive Sold | $347,000 | 3 | 2 | 1,220 | $284 | 0.1 mi |
C 33424 Holcomb Creek Drive Active | $299,000 List Price | 2 | 2 | 1,080 | $277 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2000, the property qualifies for excellent condition due to major recent renovations (<5 years old) including a new roof and central heating system installed in 2022. The kitchen and both bathrooms have been updated, and the interior features new carpeting and a turnkey, mint-condition presentation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition & Recent Upgrades
The property is move-in ready with significant capital improvements completed in 2022, including a new roof and central heating system, alongside updated kitchen and bathrooms.
- Significant Expansion Potential
An unfinished basement offers approximately 700 square feet of additional space, providing a rare opportunity for buyers to increase the home's square footage and overall market value.
- Prime Alpine Location
Located within walking distance to a private lake and surrounded by mature pines, the cabin offers an ideal setting for outdoor enthusiasts with easy access to boating, fishing, and hiking trails.
CONSRISKS & DEFICIENCIES
- Limited Finished Square Footage
At just 989 square feet of finished living space, the current layout may feel restrictive for families or those requiring more room for entertaining.
- Distance to Educational Facilities
The property is located nearly 3 miles from the nearest elementary school and over 7 miles from the high school, which may be a drawback for full-time residents with children.
About 33519 Falling Leaf Drive
Charming Mountain Retreat, this cozy, turnkey cabin tucked among tall pines located in the Alpine community of Green Valley Lake. The kind of place where everything's already done, so you can just arrive and breathe fresh mountain air. This exceptional mountain retreat offers privacy and thoughtfully designed living space, featuring two oversized bedrooms and two beautifully appointed bathrooms and an inviting open floor plan featuring wood burning rock fireplace, the home is a perfect blend of rustic warmth and modern comfort. Kitchen has been totally up-dated with up-dated appliances and new flooring. Roof was replaced in 2022 along with central heating. This cabin has potential to expand another 700 sq. ft. in the unfinished basement now being used for storage. Amazing front deck offers a retractable-awning along with a propane fire-pit. This cabin is the perfect blend of blend of tranquility and convenience, whether you're looking for a full time residence or a peaceful mountain escape this is a must see cabin. And you're just a short walk from the private lake that offers boating, fishing, kayaking, paddle boarding and swimming, a long with miles of hiking and biking trails.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 4,704 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 • 2.9 mi
4/10
Rim Virtual
Grades K-8 • 7.7 mi
0/10
Mary P. Henck Intermediate School
Grades 6-8 • 8.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 989 | 1,303.5 |
| Lot Size | 4,704 | 6,909.25 |
| Price | $389.0K | $371.1K |
| Price per sq ft | $393 | $325 |
| Built year | 2000 | 1981 |
| HOA | $0 | $0 |
| Days on market | 21 | 129 |
Pricing History
Listed for Sale
Aug 19, 2026
$389,000
Initial Listing
Sold
Jun 26, 2023
$390,000
Public Record
Sold
Mar 28, 2006
$199,000
Public Record