40300 Valley Of The Falls Drive, Forest Falls, California 92339, Forest Falls, 92339 - 3 bed, 2 bath
ACTIVE$429,900
40300 Valley Of The Falls Drive, Forest Falls, California 92339
3Beds
2Baths
1,440Sqft
10,700Lot
Price Vs. Estimate
The estimated value ($422,090.495) is $7,809.505 (1%) lower than the list price ($429,900). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Buyer Incentive: The seller's offer of up to $10,000 for a temporary interest rate buydown provides a substantial financial advantage to the buyer.
Top Cons:
Mountain Community Location: Forest Falls, while scenic, is a more remote mountain community, which may present challenges with accessibility during certain seasons (e.g., snow) and limited local amenities.
Compared to the nearby listings
Price:$429.9K vs avg $400.0K (+$29,900)62%
Size:1,440 sqft vs avg 1,440 sqft50%
Price/sqft:$299 vs avg $25662%
More Insights
Built in 1975 (50 years old).
Condition: Built in 1975, this home is meticulously maintained and move-in ready, but the kitchen and bathrooms show significant signs of being outdated. The kitchen features older-style wood cabinets and appliances (except for the refrigerator), and the bathrooms have tiled countertops and fixtures that appear to be from an older renovation (likely 15-30+ years ago). While functional and clean, these areas require minor updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria.
Year Built
1975
Close
-
List price
$430K
Original List price
$460K
Price/Sqft
$299
HOA
$145
Days on market
-
Sold On
-
MLS number
IG25043991
Home ConditionFair
Features
Good View: Hills, Mountain(s), Neighborhood, Trees/Woods
Deck
ViewHills, Mountain(s), Neighborhood, Trees/Woods
About this home
SUPER PRICE REDUCTION!! Don’t miss this beautifully upgraded and meticulously maintained home, on the market now! Featuring a smart and functional layout, this 3-bedroom home offers two bedrooms upstairs and a full bathroom on each floor—perfect for flexible living. You'll also find a well-built, extra-deep 1-car garage—an increasingly rare bonus—situated on an expansive 10,700 sq. ft. lot that offers plenty of space for outdoor living, entertaining, or future expansion. Take a look through all the photos to truly appreciate the charm, care, and value packed into this property. Homes like this don’t last long! Seller agrees to pay up to $10,000 to cover the cost of a 2/1 temporary interest rate buy down.
Condition Rating
Fair
Built in 1975, this home is meticulously maintained and move-in ready, but the kitchen and bathrooms show significant signs of being outdated. The kitchen features older-style wood cabinets and appliances (except for the refrigerator), and the bathrooms have tiled countertops and fixtures that appear to be from an older renovation (likely 15-30+ years ago). While functional and clean, these areas require minor updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Significant Buyer Incentive: The seller's offer of up to $10,000 for a temporary interest rate buydown provides a substantial financial advantage to the buyer.
Excellent Condition & Upgrades: The home is described as 'beautifully upgraded and meticulously maintained,' indicating move-in readiness and reduced immediate repair costs.
Generous Lot Size & Outdoor Potential: An 'expansive 10,700 sq. ft. lot' offers ample space for outdoor living, entertaining, and potential future expansion.
Functional & Flexible Floor Plan: The 'smart and functional layout' with a full bathroom on each floor provides convenience and adaptability for various living arrangements.
Scenic Mountain Views & Setting: The property boasts desirable views of hills, mountains, and trees, enhancing its aesthetic appeal and connection to nature.
Cons
Mountain Community Location: Forest Falls, while scenic, is a more remote mountain community, which may present challenges with accessibility during certain seasons (e.g., snow) and limited local amenities.
Property Age: Built in 1975, the home is nearly 50 years old, which despite upgrades, could imply potential for older systems or components requiring future maintenance or replacement.
Ongoing Association Fees: The presence of a monthly association fee ($145) adds a recurring cost to homeownership, which some buyers may prefer to avoid.