38535 Vineland, Cherry Valley, California 92223, Cherry Valley, 92223 - 3 bed, 2 bath
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Cherry Valley, California 92223
This Unique Ranch-Style Estate is a Prime Investment Opportunity, listed at $777,000—positioned well below the $795,000 Fair Market Value by 2%. This valuation gap offers $18,000 in Instant Equity for buyers. While currently holding a Condition Rating of 4, the property boasts a Refreshing Pool & Spa, Panoramic Mountain Views, and 1.78 Acres of A-1-1 Zoned Land. With unpermitted rooms and significant ADU potential, this property provides a clear path to forced appreciation within the Beaumont School District. It is an ideal acquisition for Owner-Occupants seeking a lifestyle retreat or Value-Add Investors.
Property is moderate renovation needed.
The property is a 1967 build that shows a mix of recent cosmetic updates and significant dated elements. While it features new laminate flooring, fresh paint, and a new AC system, the kitchen and bathrooms remain largely outdated with older cabinetry and tile work. Additionally, the presence of unpermitted rooms and a storage building in rough condition aligns with the 'Fair' classification for a well-maintained but aged home requiring further modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 77537, living area = 2151.
Situated on 1.78 acres of A-1-1 zoned land, this property is ideal for horse enthusiasts, car collectors, or those looking to build an ADU in a picturesque, high-elevation setting.
The property features a refreshing pool and inground spa designed for summer gatherings, complemented by stunning views of the mountains, valley, and surrounding trees.
While marketed as a 5-bedroom, 3-bathroom home, county records only reflect 3 bedrooms and 2 bathrooms, indicating several unpermitted rooms that may affect financing or future value.
The large on-site storage building is noted to be in rough condition, likely requiring additional investment for repairs or removal to fully utilize the space.
Welcome Home! Unique Pool property on 1.78 Acres in the picturesque city of Cherry Valley. This home sits at an elevation of 2,800 ft. above sea level, 10 min distance to to Oak Glen Nature Preserve, 30 min to Palm Springs, 15 min to Cabazon Outlet Shopping Center, One hour to LA, close to Horse Trails/ Bogart Regional park , golfing, shopping, Loma Linda Medical center and Loma Linda University, Redlands University, close to entertainment, Morongo Resort, close access to I-10, I-60, 210 freeways. This home has 5 bedrooms and 3 bathrooms, county records show only 3 bd, 2 baths, 2,151 sq. ft., few rooms are unpermitted. This home has newer paint, New AC system, new garage doors, upgraded laminate floors. The land 1.78 Acres is partially fenced. The refreshing pool & inground spa is an entertainers dream for summer pool parties and fun gatherings. There is a large storage building in rough condition but totally usable. This is a unique property perfect for horse lovers or ranchers, car collectors enthusiasts, etc. There is plenty of room to build and ADU if permitted by county. There are two driveways for access and parking, perfect for RV's or Boats, Horse Trailers etc. Bring your buyers with confidence to see this unique property. Buyers and their agents to do their due diligence to their contractual satisfaction in regards to lot size, square footage, ADU, permits, Taxes, etc. No HOA Fees. Zoned A-1-1 Light Agriculture Zone. Welcome Home!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 2,151 | 2,025 | 61% |
| Lot Size | 77,537 | 6,970 | 97% |
| Price | $758.0K | $530.0K | 96% |
| Price per sq ft | $352 | $260 | 90% |
| Built year | 1967 | 2006 | 12% |
| HOA | $0 | $155 | 32% |
| Days on market | 52 | 183 | 3% |
Apr 8, 2026
$758,000
$777,000
-2% Price Drop
Initial Listing
Mar 30, 2026
$777,000
$795,000
-2% Price Drop
Initial Listing
Mar 1, 2026
$795,000
Initial Listing
Feb 28, 2022
$625,000
Public Record