40918 Cypress Point, Cherry Valley, California 92223, Cherry Valley, 92223 - 2 bed, 2 bath

40918 Cypress Point, Cherry Valley, California 92223 home-pic-0

40918 Cypress Point

Cherry Valley, California 92223

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,286Sq Ft
4,356Lot Size

Property Price

LIST PRICE$369,000
EST. MARKET VALUE
$359,264

SUMMARY

Analysis of 40918 Cypress Point, Cherry Valley, California 92223 reveals a Fairly Priced Property with a current list price of $369,000  aligned with the estimated $359,264 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$359,264
Based on Realkey algorithm analyzing recent comparable sales in Cherry Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
40918 Cypress Point
Subject
$369,000*
List Price
221,286$279-
A
10921 Deerfield Drive
Sold
$355,000221,471$2410.0 mi
B
10745 Cherry Hills
Sold
$349,900221,471$2380.2 mi
C
10775 Bel Air
Sold
$309,90021919$3370.3 mi
D
10175 Frontier Trail
Sold
$295,000221,440$2050.7 mi
E
1575 Village Green
Sold
$445,500221,522$2931.0 mi
F
1648 Beacon
Sold
$450,000221,419$3170.5 mi
G
40833 Caballero
Active
$374,000
List Price
221,441$2600.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property, built in 1990, has undergone extensive and recent renovations that elevate its condition significantly. The kitchen was beautifully remodeled just three years ago with new appliances, Corian countertops, and updated lighting, presenting a modern and functional space. The HVAC system is virtually new (two months old), and new laminate flooring has been installed throughout the home. The primary bathroom also features modern updates with a walk-in shower and contemporary lighting. These major updates, all within the last five years, mean the property meets current quality standards with minimal depreciation, making it move-in ready with no immediate renovation required.

PROSSTRENGTHS & OPPORTUNITIES

  • Premier 55+ Active Lifestyle Community

    The property is situated within Highland Springs Country Club, a premier 55+ active lifestyle community, offering a tailored environment with social opportunities and a specific demographic appeal.

  • Extensive Community Amenities

    Residents have access to outstanding amenities including a 13-hole executive golf course, tennis and pickleball courts, fitness center, large clubhouse, heated saltwater pool and spa, and numerous social clubs.

  • Recently Remodeled Kitchen

    The kitchen was beautifully remodeled three years ago, featuring new appliances, Corian countertops, pull-out drawers, a two-tier Lazy Susan, and updated lighting.

CONSRISKS & DEFICIENCIES

  • Monthly HOA Fees

    The property incurs a monthly association fee of $245.0, which is an ongoing cost of ownership, despite covering extensive community amenities.

  • Small Lot Size

    With a lot size of 4356 sqft (approximately 0.1 acre), the property offers limited private outdoor space compared to larger residential lots.

  • Lack of Scenic Views

    The property explicitly states 'view: None,' which may be a disadvantage for buyers prioritizing picturesque surroundings or a specific vista.

About 40918 Cypress Point

Welcome to Highland Springs Country Club, a premier 55+ active lifestyle community in the City of Cherry Valley. This well-appointed home features an open floor plan with 2 bedrooms, 2 bathrooms, and a versatile office/den, offering approximately 1,286 square feet of living space. The living room includes a cozy gas fireplace and flows into the beautifully remodeled kitchen (updated three years ago), which offers new appliances, Corian countertops, pull-out drawers, a two-tier Lazy Susan, and updated lighting in both the kitchen and dining area. New laminate flooring runs throughout the home, and vertical blinds are installed in the kitchen, living room sliding door, guest bedroom, office/den, and primary bedroom. The guest bathroom features a tub/shower combination with a Corian countertop. The spacious primary suite includes an en-suite bathroom with Corian countertops and a walk-in shower with sliding glass doors. Additional upgrades include a newer HVAC system (approximately two months old), a water softener in the garage, and a reverse-osmosis system at the kitchen sink. Highland Springs Country Club offers outstanding amenities, including a 13-hole executive SCGA-rated golf course, tennis and pickleball courts, billiards room, fitness center, large clubhouse, heated saltwater pool and spa, and numerous social clubs and activities. Conveniently located near freeways, shopping, medical facilities, Morongo Casino, and just minutes from Palm Springs. This is a must-see home—don’t miss this opportunity!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
4,356 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 • 1.9 mi

4/10

San Gorgonio Middle School

Grades 6-8 • 1.3 mi

5/10

Beaumont Senior High School

Grades 9-12 • 1.8 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
30%
Baths2.03.0
45%
Square foot1,2861,989
10%
Lot Size4,3566,534
9%
Price$369.0K$530.0K
8%
Price per sq ft$287$261
69%
Built year19902007
16%
HOA$245.0$155
71%
Days on market51185
4%

Pricing History

Listed for Sale

Jan 15, 2026

$369,000

Initial Listing

Sold

Oct 12, 2021

$355,000

Public Record

Sold

Apr 18, 2014

$155,000

Public Record

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