40833 Caballero, Cherry Valley, California 92223, Cherry Valley, 92223 - 2 bed, 2 bath
40833 Caballero
Cherry Valley, California 92223
Property Price
SUMMARY
Analysis of 40833 Caballero, Cherry Valley, California 92223 reveals a Prime Investment Opportunity with a current list price of $374,000—significantly undercutting the $403,136 Fair Market Value by 7%. This valuation gap indicates a +$29,136 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40833 Caballero Subject | $374,000* List Price | 2 | 2 | 1,441 | $280 | - |
A 10921 Deerfield Drive Sold | $355,000 | 2 | 2 | 1,471 | $241 | 0.1 mi |
B 10745 Cherry Hills Sold | $349,900 | 2 | 2 | 1,471 | $238 | 0.1 mi |
C 10175 Frontier Trail Sold | $295,000 | 2 | 2 | 1,440 | $205 | 0.6 mi |
D 10775 Bel Air Sold | $309,900 | 2 | 1 | 919 | $337 | 0.2 mi |
E 1648 Beacon Sold | $450,000 | 2 | 2 | 1,419 | $317 | 0.7 mi |
F 1565 Townswood Court Sold | $480,398 | 2 | 2 | 1,534 | $313 | 0.8 mi |
G 40918 Cypress Point Active | $369,000 List Price | 2 | 2 | 1,286 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1994, the property has undergone extensive recent renovations within the last 5 years. It features a modern kitchen with white cabinetry, stone countertops, and stainless steel appliances, along with updated wood-look flooring, contemporary light fixtures, and a paid-for solar system. The home is in turnkey condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Paid Solar System
The property includes a fully paid-for solar system, providing the homeowner with significant long-term energy savings and increasing the home's overall market value.
- Resort-Style Amenities
Located in the Highland Springs Country Club, residents enjoy a gated environment with access to a golf course, swimming pool, and a clubhouse offering a vibrant social lifestyle.
- Turnkey Condition
This impeccably maintained home features modern upgrades and an open floor plan, offering a move-in ready experience that eliminates the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
As an active adult community, the property is limited to a specific age demographic, which naturally narrows the pool of potential buyers for future resale.
- Limited Living Space
With only two bedrooms and 1,441 square feet, the home may feel restrictive for buyers who require additional space for a home office, hobby room, or frequent overnight guests.
About 40833 Caballero
Welcome to this beautifully upgraded 2-bedroom, 2-bath home located in the highly desirable gated, active adult community of Highland Springs Country Club. This inviting residence features an open floor plan designed for comfortable living and effortless entertaining. The home is light, bright, and impeccably maintained, creating a cheerful atmosphere from the moment you walk inside. The spacious living areas flow seamlessly together, offering an ideal layout for both everyday living and hosting guests. Thoughtful upgrades throughout enhance the home’s appeal, while abundant natural light fills the interior. The kitchen opens to the main living space, making it perfect for gatherings and easy interaction with family and friends. Step outside to enjoy the easy-maintenance yard, ideal for relaxing outdoors without the upkeep of extensive landscaping. Whether enjoying a peaceful morning coffee or entertaining friends in the evening, the outdoor space offers comfort and simplicity. This home also has a paid for solar system. Residents of Highland Springs Country Club, a well-known active adult community, enjoy a vibrant lifestyle with outstanding amenities. The community features a beautiful golf course, a lovely pool area, breathtaking views, and a welcoming clubhouse that offers a wide variety of social activities, events, and opportunities to connect with neighbors. Conveniently located near shopping centers, restaurants, medical offices, and a nearby hospital, this home provides both comfort and convenience. Enjoy peaceful community living while being just minutes from everything you need. This clean, move-in ready home offers the perfect combination of easy living, resort-style amenities, and an active adult lifestyle in one of the area’s most desirable communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245.0 / Month
Neighborhood Insights
Cherry Valley Unified Schools
Anna Hause Elementary School
Grades K-5 • 2.0 mi
San Gorgonio Middle School
Grades 6-8 • 1.3 mi
Beaumont Senior High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,441 | 1,989 | 17% |
| Lot Size | 4,792 | 6,534 | 13% |
| Price | $374.0K | $530.0K | 8% |
| Price per sq ft | $260 | $261 | 49% |
| Built year | 1994 | 2007 | 18% |
| HOA | $245.0 | $155 | 71% |
| Days on market | 2 | 185 | 0% |
Pricing History
Listed for Sale
Mar 5, 2026
$374,000
Initial Listing
Sold
Sep 12, 2024
$368,000
Public Record
Sold
May 23, 1997
$97,000
Public Record
Sold
Nov 30, 1995
$80,000
Public Record