39441 Tokay, Cherry Valley, California 92223, Cherry Valley, 92223 - 3 bed, 2 bath

39441 Tokay
Cherry Valley, California 92223
Property Price
SUMMARY
Analysis of 39441 Tokay, Cherry Valley, California 92223 reveals a property with a current list price of $599,900, which is 23% above the estimated $484,652 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cherry Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39441 Tokay Subject | $599,900* List Price | 3 | 2 | 1,018 | $476 | - |
A 10426 Live Oak Sold | $450,000 | 2 | 1 | 1,088 | $414 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, this property is well-maintained with a unique rustic cedar aesthetic, but it shows clear signs of age. The kitchen features dated white appliances and older tile countertops, and the bathrooms, while functional, lack modern updates. While the home is move-in ready and charming, the overall infrastructure and finishes are outdated compared to current modern standards, fitting the 'Fair' criteria for an aged home maintained through regular upkeep without recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1018.
- Expansive Private Lot
The property sits on a generous 21,780 sq ft lot featuring mature landscaping, fruit trees, and a tranquil koi pond, offering a rare 'mountain retreat' atmosphere in a desirable area.
- Exceptional Storage & RV Facilities
Equipped with an oversized RV carport and two large storage trailers (53' and 40') with utility connections, this home provides massive utility for hobbyists, collectors, or those with significant storage needs.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At just 1,018 sq ft, the living space is quite compact for a three-bedroom configuration, especially since the third bedroom is a converted bonus room.
- Vintage Infrastructure
Built in 1949, the home's aged structure and specialized rustic materials may require more intensive maintenance or modernization compared to newer builds.
About 39441 Tokay
Tucked away on a private street in the desirable Cherry Valley area, this truly rare and unique property feels like your own mountain retreat, one you must see to fully appreciate! This 3-bedroom, 2-bath home (bonus room currently used as a third bedroom) features a rustic aesthetic with natural cedar wood and stone throughout. The interior is defined by the rich warmth of cedar, showcased across vaulted ceilings and hand-crafted framing that carries through the entire floor plan. At the heart of the open living space is a cozy central stone fireplace, creating the perfect gathering spot. The kitchen offers plenty of storage with a kitchenette, a deep pantry, and a separate dining area. A versatile back area with French doors provides an ideal space for a home office or family room, along with the convenience of an indoor laundry area and full bath. Outside, the landscaping creates a year-round sanctuary with mature trees, fruit trees, and a tranquil koi pond complete with koi fish, all on a large lot of 21,780 sq ft. For those needing space, the property includes 53-foot and 40-foot storage trailers for secure, weatherproof storage, one equipped with electric and water connections, plus an oversized RV carport metal building ready for all your storage and recreational needs. This is a rare opportunity at an affordable price, don’t miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 21,780 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,018 | 1,989 | 4% |
| Lot Size | 21,780 | 6,534 | 95% |
| Price | $599.9K | $530.0K | 78% |
| Price per sq ft | $589 | $261 | 100% |
| Built year | 1949 | 2007 | 4% |
| HOA | $0 | $155 | 29% |
| Days on market | 23 | 185 | 0% |
Pricing History
Listed for Sale
Feb 12, 2026
$599,900
Initial Listing
Sold
May 25, 2021
$500,000
Public Record
Sold
Jun 17, 2005
$350,000
Public Record



















































