
Forest Falls, California 92339
This Updated Mountain Lodge is a Strong Value Opportunity, listed at $349,999—positioned well below the $370,027 Fair Market Value by 5%. This valuation gap offers $20,028 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modern mini-split HVAC, custom stone countertops, and an expansive entertainment deck. Its walkable location near village amenities provides a rare blend of seclusion and community. This property is an ideal acquisition for weekend-escape seekers or first-time buyers looking for a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40940 Pine Drive Subject 2 bd · 2 ba · 960 sqft · $385 | $349,999* List Price | 2 | 2 | 960 | $385 | - |
A 9323 Cedar Dr. Sold 1 bd · 2 ba · 776 sqft · $412 · 0.2 mi | $320,000 | 1 | 2 | 776 | $412 | 0.2 mi |
B 41099 Valley Of The Falls Active 2 bd · 1 ba · 884 sqft · $383 · 0.2 mi | $339,000 List Price | 2 | 1 | 884 | $383 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983 but features significant recent updates including a modern mini-split HVAC system, custom hand-cut stone countertops, and updated kitchen backsplash. The property is well-maintained, move-in ready, and includes functional lifestyle upgrades like a California room and large entertainment deck.
The property features a dedicated California room with a wine bar and an expansive outdoor deck equipped for media, making it uniquely suited for hosting in a mountain setting.
The interior boasts thoughtful updates including hand-cut stone countertops and a heat-circulating masonry fireplace, offering a perfect blend of rustic charm and modern luxury.
Situated within walking distance to the village's general store and local dining, providing a rare balance of secluded nature and community convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only 960 square feet of living space, the home may feel restrictive for full-time residents or those requiring additional storage and guest rooms.
While the property offers a serene wooded setting, the canyon views are described as 'peekaboo,' which may not satisfy buyers seeking wide-open panoramic vistas.
Not every mountain lodge is built for entertaining. This one was. Coffee on the deck. Friends around the fire. Football on the outdoor TVs. A glass of wine in the California room after a day on the trails. This is the kind of home where weekends turn into traditions. Nestled beneath towering cedars that have watched over the property for generations, this thoughtfully updated mountain lodge is full of handcrafted character. The open-concept kitchen features custom hand-cut stone countertops and flows seamlessly into a spacious living room with a coffee bar and a beautiful heat-circulating masonry fireplace at the heart of the home. Just beyond, the cozy California room offers a wood-burning stove, wine bar, and the perfect place to watch the snow fall in winter or enjoy the cool mountain breeze all summer long. Step outside and you'll discover what else truly sets this home apart: an incredible entertainment deck tucked beneath the cedars, complete with room to BBQ, watch the game, gather with friends, or simply soak in the fresh mountain air and peekaboo canyon views. Just a short walk from the village's charming general store and favorite local Mexican restaurant, you'll enjoy the rare combination of peaceful mountain living and a true sense of community. Whether you're looking for a full-time home, weekend escape, or simply the place everyone wants to gather, this one is something special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 960 | 1,829.75 |
| Lot Size | 6,000 | 10,042 |
| Price | $350.0K | $426.0K |
| Price per sq ft | $365 | $307 |
| Built year | 1983 | 1949 |
| HOA | $0 | $145 |
| Days on market | 2 | 219 |
Oct 23, 2026
$349,999
Initial Listing