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

40918 Cypress Point
Cherry Valley, California 92223
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40918 Cypress Point Subject | $369,000* List Price | 2 | 2 | 1,286 | $279 | - |
A 10921 Deerfield Drive Sold | $355,000 | 2 | 2 | 1,471 | $241 | 0.0 mi |
B 10745 Cherry Hills Sold | $349,900 | 2 | 2 | 1,471 | $238 | 0.2 mi |
C 10775 Bel Air Sold | $309,900 | 2 | 1 | 919 | $337 | 0.3 mi |
D 10175 Frontier Trail Sold | $295,000 | 2 | 2 | 1,440 | $205 | 0.7 mi |
E 1575 Village Green Sold | $445,500 | 2 | 2 | 1,522 | $293 | 1.0 mi |
F 1648 Beacon Sold | $450,000 | 2 | 2 | 1,419 | $317 | 0.5 mi |
G 40833 Caballero Active | $374,000 List Price | 2 | 2 | 1,441 | $260 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
San Gorgonio Middle School
Grades 6-8 • 1.3 mi
Beaumont Senior High School
Grades 9-12 • 1.8 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 | 1,286 | 1,989 | 10% |
| Lot Size | 4,356 | 6,534 | 9% |
| Price | $369.0K | $530.0K | 8% |
| Price per sq ft | $287 | $261 | 69% |
| Built year | 1990 | 2007 | 16% |
| HOA | $245.0 | $155 | 71% |
| Days on market | 51 | 185 | 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

























