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

39441 Tokay, Cherry Valley, California 92223 home-pic-0

39441 Tokay

Cherry Valley, California 92223

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,018Sq Ft
21,780Lot Size

Property Price

LIST PRICE$599,900
EST. MARKET VALUE
$484,652
23% AboveMARKET VALUE

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

$484,652
Based on Realkey algorithm analyzing recent comparable sales in Cherry Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
39441 Tokay
Subject
$599,900*
List Price
321,018$476-
A
10426 Live Oak
Sold
$450,000211,088$4140.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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 While the home is move-in ready and charming, the overall infrastructure and finishes are outdated compared to current modern standards, fitting the 'Fair' criteria for an aged home maintained through regular upkeep without recent major renovations.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
45%
Square foot1,0181,989
4%
Lot Size21,7806,534
95%
Price$599.9K$530.0K
78%
Price per sq ft$589$261
100%
Built year19492007
4%
HOA$0$155
29%
Days on market23185
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

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