
Forest Falls, California 92339
This Well-Maintained Mountain Retreat is a Prime Investment Opportunity, listed at $365,000—positioned well below the $375,873 Fair Market Value by 2%. This valuation gap provides $10,873 in Instant Equity. Boasting a Condition Rating of 3, the home features a newer roof, luxury vinyl flooring, and mountain views. Its USDA eligibility offers a rare $0 down financing path within the Redlands Unified School District. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey lifestyle with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40204 Valley Of The Falls Subject | $365,000* List Price | 3 | 2 | 1,374 | $274 | - |
A 40300 Valley Of The Falls Sold | $365,000 | 3 | 2 | 1,440 | $253 | 0.1 mi |
B 9120 Torrey Pines Active | $434,900 List Price | 3 | 2 | 1,641 | $265 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1928, the property is well-maintained and move-in ready due to significant recent updates including a newer roof, central heating system, and new flooring (LVP and carpet). The kitchen and bathrooms are functional and clean, and the addition of a brand-new carport and storage shed indicates proactive maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9700, living area = 1374.
The property is USDA eligible, offering a rare opportunity for potential $0 down financing, which significantly lowers the barrier to entry for mountain home ownership.
With a newer roof, new luxury vinyl flooring, pet-proof carpeting, and central heating, the home reduces immediate move-in costs and provides modern comfort.
Originally built in 1928, the property may have underlying age-related maintenance needs or historical construction elements that require more attention than a modern build.
The heavy knotty pine accents and mansard-style architecture provide a very specific rustic character that may require significant cosmetic updates for buyers preferring a modern style.
Picture your mornings here—sunlight pouring into the kitchen, coffee in hand, with peaceful mountain views just beyond your window. This is more than a home… it’s where your next chapter begins. Mountain Living in Forest Falls USDA Eligible with Potential $0 Down Financing (terms apply) Rare single-story cabin-style home in Forest Falls offering the perfect blend of rustic mountain charm and everyday convenience. This 3-bedroom, 2-bath home features a spacious, floor plan and a stunning mansard-style living room with rich knotty pine accents, creating the warm, authentic mountain ambiance buyers dream about. The country kitchen offers generous space for entertaining, holiday gatherings, and everyday living. Recent improvements include a newer roof, new DuPont pet-proof carpet, waterproof luxury vinyl flooring, and central heating for year-round comfort. The home is offered partially furnished, adding immediate move-in ease and value. Additional highlights include abundant under-home storage, a new detached oversized carport, and a brand-new oversized storage shed, ideal for tools, outdoor gear, workshop needs, or hobby space. Step outside into a peaceful backyard retreat framed by a magnificent stand of approximately 400-year-old trees, creating rare privacy, shade, and a truly serene natural setting that captures the essence of Forest Falls living. The low HOA includes water, trash, seasonal snow removal, and common area maintenance, making mountain living simple, affordable, and low stress. Don't like mountain roads? Too curvy with cliffs? This commute is perfect, pretty much straight up the mountain. Located just minutes from Redlands with convenient access to I-10, this home offers the perfect balance of peaceful mountain lifestyle and commuter-friendly convenience. USDA eligible with potential 0% down financing (buyer to verify loan terms and qualification). Some pictures are virtually staged.
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 | 2.0 | 50% |
| Square foot | 1,374 | 1,427 | 44% |
| Lot Size | 9,700 | 10,200 | 50% |
| Price | $365.0K | $367.2K | 50% |
| Price per sq ft | $266 | $255 | 56% |
| Built year | 1928 | 1949 | 28% |
| HOA | $145.0 | $0 | 72% |
| Days on market | 56 | 234 | 6% |
Feb 25, 2026
$365,000
Initial Listing
Dec 16, 2021
$315,000
Public Record
Jul 18, 2018
$223,000
Public Record