41045 Valley Of The Falls, Forest Falls, California 92339, Forest Falls, 92339 - 2 bed, 3 bath
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41045 Valley Of The Falls
Forest Falls, California 92339
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
3Baths
1,488Sq Ft
6,000Lot Size
Property Price
LIST PRICE$369,900
EST. MARKET VALUE
$383,665
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $369,900—positioned well below the $368,086 Fair Market Value (priced at market). Featuring a Fair Condition Rating, the home offers significant utility through its four-car garage, workshop, and bonus room. While the interior requires cosmetic updates, the mountain views and wrap-around porch provide immediate lifestyle appeal. This asset is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a project to build long-term equity in a serene mountain community.
Estimated Market Value
$383,665+$13,765 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Forest Falls.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41045 Valley Of The Falls Subject | $369,900* List Price | 2 | 3 | 1,488 | $258 | - |
A 41267 Valley Of The Falls Drive Active | $319,000 List Price | 2 | 2 | 1,048 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1988 (36 years old) with mostly original finishes, falling into the >30y category. The interior shows significant wear including heavily stained and worn carpeting, dated 1980s bathrooms, and a failing drop ceiling in the bonus room with exposed pipes. While the HVAC and water heater are functional, the home requires a comprehensive cosmetic rehab to be move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Utility and Storage
The property features a rare four-car garage, a dedicated workshop, and a bonus room, offering significant versatility for hobbies, a home gym, or extensive storage needs.
- Modern Mountain Architecture
Built in 1988, the home boasts soaring high ceilings and expansive windows that maximize natural light and showcase the stunning San Bernardino Mountain views.
- Prime Community Access
Ideally situated within walking distance to the local general store, restaurant, and fire station, providing a perfect balance of mountain seclusion and community convenience.
CONSRISKS & DEFICIENCIES
- Partial Renovation Required
The lower-level half bath is noted as needing a facelift, indicating immediate cosmetic or functional updates are necessary for the buyer.
- Limited Bedroom Count
Despite having nearly 1,500 square feet and three bathrooms, the two-bedroom configuration may limit appeal for larger families or those requiring more private sleeping quarters.
About 41045 Valley Of The Falls
Escape to the beauty of the San Bernadino Mountains with this charming two bedroom, two & half bath single family cabin nestled in the peaceful community of Forest Falls. Surrounded by towering pines and breathtaking mountain views, this home offers the perfect blend of rustic charm and modern comfort. The living area is above four car garages, a workshop space and bonus room, providing endless possibilities for hobbies, storage, a home gym, or creative workspace. This lower level has a half bath that needs a facelift. Once upstairs, step inside and be greeted by the large family room to discover soaring high ceilings and expansive windows that fill the room with natural light while showcasing the stunning scenery. This inviting space features a cozy fireplace, creating the perfect place to relax after a day of hiking or enjoying the outdoors. The kitchen is designed for everyday living and features appliances, tons of cabinet space, and a pantry. The dedicated laundry room with newer water heater, adds convenience and peace of mind just down the hall. The house has central heating/air and uses propane. The primary suite is a true retreat, featuring a luxurious soaking tub, separate curbed shower, large closets and plenty of space to unwind. Built in book shelves throughout the home add warmth, character, and functional storage. Outside you can enjoy the fresh mountain air from the expansive wrap around porch- ideal for morning coffee, wildlife watching, or entertaining family and friends. This cabin is located within a short distance of Forest Falls' only general store, The Elkhorn, the local Mexican restaurant, and the Fire Station. This home offers the convenience of a close knit mountain community while being surrounded by some of Southern California's most beautiful hiking trails and outdoor recreation. Whether you are looking for a full-time residence, or mountain retreat, this exceptional cabin offers comfort, functionality, and unforgettable natural beauty. Come experience mountain living at its finest in beautiful Forest Falls!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,488 | 1,943.667 |
| Lot Size | 6,000 | 11,389.333 |
| Price | $369.9K | $430.1K |
| Price per sq ft | $249 | $316 |
| Built year | 1988 | 1936 |
| HOA | $0 | $145 |
| Days on market | 38 | 206 |
Pricing History
Listed for Sale
Aug 2, 2026
$369,900
Initial Listing
Sold
Feb 23, 2000
$145,000
Public Record