
Forest Falls, California 92339
This Turnkey Mountain Home represents a Strong Value Opportunity, listed at $589,000—positioned well below the $632,596 Fair Market Value by 6%. This valuation gap provides $43,596 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes a Granite Kitchen, forced-air heating/cooling, and a spacious deck with mountain views. Its level-entry design and proximity to the Redlands Unified district make this an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40353 Valley Of The Falls Drive Subject | $589,000* List Price | 4 | 2 | 2,776 | $228 | - |
A 9249 Wood Sold | $519,000 | 3 | 2 | 2,018 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1960, the home has been well-maintained and updated. The kitchen features modern stainless steel appliances and granite countertops. Key systems have been upgraded, including forced-air heating/cooling and an on-demand tankless water heater. The property is functional, clean, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19500, living area = 2776.
The property features a rare level entry and main-floor living design, including the primary suite and laundry, providing convenience often missing in mountain terrain.
Situated on nearly half an acre of mostly level woodland, the lot offers significant usable outdoor space and a fenced backyard, a premium feature for the Forest Falls area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2776, other record living area = 1856. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The classic A-frame architecture on the upper level creates sloped ceilings, which may limit vertical storage and furniture placement in the fourth bedroom and bonus rooms.
The property is subject to a $150 association fee, which adds to the monthly carrying costs compared to other non-HOA mountain residences in the vicinity.
Priced for maximum exposure, this turnkey mountain home offers an exceptional combination of space, accessibility, and natural beauty. Nestled among mature trees on nearly half an acre of mostly level, open woodland, the property provides a peaceful setting with room to enjoy the outdoors. Direct access from a private paved road and a level entry make year-round arrival remarkably convenient. Nearly everything needed for comfortable daily living is located on the main entry level, including the living room, kitchen, primary suite, bonus room, bathrooms, laundry room, garage, and outdoor decking. Upstairs, classic A-frame architecture creates an expansive and versatile retreat. This level includes a fourth bedroom and an additional bonus room—ideal for a home office, game room, media room, hobby space, or extra guest accommodations. The home has been carefully maintained and features fireplaces in both the main living room and primary suite, forced-air heating and cooling, an on-demand water heater, and a dedicated indoor laundry room—a welcome convenience in a mountain home. Outside, enjoy easy access around the entire house, a fenced backyard, concrete driveway, two-car garage, storage shed, and abundant usable outdoor space. All of this is located approximately 15 minutes from Oak Glen, Yucaipa, Redlands, and other valley destinations, about 1½ hours from Greater Los Angeles, and approximately two hours from San Diego’s beaches. Don’t miss this opportunity to spend the holidays in a welcoming mountain home that is ready to enjoy. Please note: The exterior photograph shown was taken previously and does not reflect current seasonal conditions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,776 | 1,943.667 |
| Lot Size | 19,500 | 11,389.333 |
| Price | $589.0K | $430.1K |
| Price per sq ft | $212 | $316 |
| Built year | 1960 | 1936 |
| HOA | $150.0 | $145 |
| Days on market | 7 | 206 |
Sep 2, 2026
$589,000
Initial Listing
Oct 16, 2013
$205,000
Public Record