39894 Brookside, Cherry Valley, California 92223, Cherry Valley, 92223 - 2 bed, 1 bath
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Cherry Valley, California 92223
This property presents a High-Potential Investment Opportunity with a List Price of $349,900—positioned slightly above the $344,526 Fair Market Value. While the home carries a Condition Rating of 6 and requires extensive renovation, the massive 33,106 sq. ft. lot offers significant Development Potential for an ADU or workshop. With scenic Mountain Views and proximity to Beaumont schools, this asset is a prime candidate for forced appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a major value-add project.
Property is land value only, full reconstruction required.
The property was built in 1940 (>50 years old) with no mention of renovations. The listing description explicitly states the house 'needs lots of work,' is being sold 'as is,' and emphasizes the land value and potential for new construction (ADU, shop), which aligns with the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33106, living area = 760.
The property features a massive 33,106 square foot lot, offering rare and extensive space for equestrian use, large-scale gardening, or outdoor recreation in a rural setting.
Located in an unincorporated area with ample acreage, the site provides a prime opportunity to build an ADU, a large workshop, or a custom estate expansion to maximize value.
The home is sold in 'as-is' condition and requires significant repairs, making it most suitable for investors or buyers prepared for a major fixer-upper project or rebuild.
With only 760 square feet of living space, the current two-bedroom layout is very small by modern standards and may feel restrictive without immediate expansion.
Small home in unincorporated area of Cherry Valley, great piece of property house needs lots of work and is being sold as is. Lots of room to add on or have ADU, shop, horses, etc.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 760 | 2,025 | 1% |
| Lot Size | 33,106 | 6,970 | 96% |
| Price | $349.9K | $535.0K | 5% |
| Price per sq ft | $460 | $261 | 99% |
| Built year | 1940 | 2007 | 3% |
| HOA | $0 | $155 | 32% |
| Days on market | 9 | 166 | 2% |
May 28, 2026
$349,900
Initial Listing