
Green Valley Lake, California 92341
This Value-Add Mountain Asset represents a Strong Value Opportunity with a List Price of $640,000—positioned below the $668,298 Fair Market Value by 4%. This valuation offers $28,298 in Instant Equity for buyers prepared for a major renovation. Featuring a 3,000 Sq. Ft. Footprint and rare National Forest Frontage, the property holds a Condition Score of 5 due to unfinished interiors and unpermitted additions. This high-upside project is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33846 Green Valley Lake Subject | $640,000* List Price | 5 | 4 | 3,000 | $223 | - |
A 33154 Piedras Grandes Active | $499,000 List Price | 3 | 2 | 1,920 | $260 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1929, this property requires substantial rehabilitation and repair. While the listing describes it as a functional cabin, photographic evidence shows significant areas with exposed fiberglass insulation and unfinished wall framing, which present safety and habitability concerns. The kitchen and bathrooms are severely outdated with aging appliances and primitive cabinetry. Furthermore, the large discrepancy between the listed 3,000 sq. ft. and the public record of 1,494 sq. ft. suggests significant unpermitted additions that may not meet current building codes.
The property is uniquely positioned at the end of a quiet road and directly borders the National Forest on a rare, mostly-flat oversized lot, offering unparalleled privacy and immediate trail access.
With 3,000 sq. ft. of living space, five dedicated bedrooms, and a massive 600-750 sq. ft. game room, this home is perfectly configured for large family gatherings or high-occupancy vacation rental potential.
Situated on a 'first-snow-plowed' street with a sunny-side orientation, the property provides a significant logistical advantage for mountain living, ensuring easier access and faster snow melt during winter months.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 1494. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally built in 1929, the historic core of the cabin may present maintenance challenges or require updates to aging electrical, plumbing, or insulation systems common in century-old structures.
While offering a peaceful retreat, the property's distance from major schools and commercial centers (over 8 miles away) may be a drawback for full-time residents requiring daily commutes or frequent services.
Tucked at the very end of a quiet Green Valley Lake road, this expanded rustic logger’s cabin delivers the kind of real mountain charm you can’t fake—then backs it up with a surprisingly functional, flexible layout on a rare, mostly-flat oversized lot that borders the National Forest. Inside, the original cabin character meets thoughtful additions: a sprawling ~500 sq ft great room made for fireside gatherings, a bright sunroom for morning coffee, a dedicated laundry room, and two full baths. The fun doesn’t stop there—there’s an approx. 600–750 sq ft game room that’s ready for pool nights, movie marathons, or rainy-day kid chaos. With 5 dedicated bedrooms plus additional sleeping areas (including a top-floor bunk/loft vibe), this is the kind of place that comfortably hosts the whole crew—weekends, holidays, and “we’re staying an extra night” nights. Three of the bedrooms are oversized, and the layout works whether you want a full-time home, a legacy getaway, or a mountain basecamp. Step outside onto generous decking (two deck areas) and soak in the fresh air, tall trees, and that priceless “forest is my backyard” feeling. The land is a standout: oversized and mountain flat, planted with 10+ fruit trees, and located just six houses from the campground—close enough for fun, far enough for peace. Bonus points: sunny side location on a first-snow-plowed street, and extra storage with a 12x14 Tuff Shed. This one feels like a historic mountain cabin, but lives like a modern gathering place.
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades K-8 • 8.1 mi
Grades 6-8 • 8.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 95% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 3,000 | 1,186 | 95% |
| Lot Size | 7,000 | 4,994 | 64% |
| Price | $640.0K | $342.5K | 95% |
| Price per sq ft | $213 | $282 | 23% |
| Built year | 1929 | 1965 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 296 | 9% |
Feb 15, 2026
$640,000
Initial Listing
Oct 26, 2005
$290,000
Public Record