
Cherry Valley, California 92223
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $420,000—positioned above the $405,688 Fair Market Value by 3%. While priced slightly above market, the property offers a Fair Condition Rating and features a massive 10,890 sqft lot with stunning mountain views. Located in the exclusive Highland Springs Country Club, this 55+ community provides a peaceful, amenity-rich lifestyle. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, gated environment with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41123 Round Hill Court Subject | $420,000* List Price | 3 | 2 | 1,621 | $250 | - |
A 10980 Bel Air Drive Sold | $365,000 | 2 | 2 | 1,621 | $225 | 0.2 mi |
B 41030 Inverness Circle Sold | $355,000 | 2 | 2 | 1,441 | $246 | 0.1 mi |
C 40431 Rome Beauty Active | $524,900 List Price | 3 | 2 | 1,568 | $335 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, the property is 34 years old. While it features some recent cosmetic updates like new carpet and laminate flooring, the bathrooms and kitchen fixtures appear dated and largely original. The home is well-maintained and functional, but the age of the systems and the need for aesthetic modernization in the wet areas place it in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1621.
Situated at the end of a cul-de-sac, this property boasts one of the largest lots in the community at over 10,000 sqft, featuring a private, park-like backyard with mature fruit trees and lush landscaping.
The home offers stunning, unobstructed views of the mountains and snow-capped peaks from the kitchen, family room, and backyard, providing a serene and high-value backdrop.
The 55+ community requirement limits the potential buyer pool to a specific age demographic, which can impact the speed of resale compared to non-restricted residential areas.
Built in 1990, the property may require further capital investment to modernize original systems or architectural features to meet the expectations of buyers seeking contemporary luxury standards.
Welcome to one of the most desirable lots in Highland Springs Country Club, a sought-after 55+ gated community in Cherry Valley near the base of the mountains. Located at the end of a cul-de-sac, this 3-bedroom, 2-bath home offers over 1,600 square feet of comfortable living space and one of the largest lots in the community at more than 10,000 square feet, designed to be enjoyed. From the kitchen, dining area, family room, enclosed patio room, and backyard, you’ll be treated to gorgeous mountain views, including snow-capped peaks in the winter. Whether you are enjoying morning coffee, hosting family, or watching the grandkids play in the spacious yard, this home offers a peaceful setting that feels both private and welcoming. The backyard is truly one of the highlights, with a park-like feel, covered patio, lush landscaping, roses, and mature fruit trees including lemon, orange, grapefruit, and apple. It is the kind of outdoor space that invites quiet evenings, weekend visits, and everyday moments surrounded by beauty. Inside, the home features new carpet, easy-care laminate flooring, tile flooring in the kitchen and bathrooms, vaulted ceilings, and a cozy gas log fireplace for cooler nights. Most windows have shutters or blinds, and the home offers lots of built-in cabinets for added storage. The spacious primary suite includes two closets and a large bathroom with dual sinks. Additional conveniences include indoor laundry and ample storage. Highland Springs Country Club offers a relaxed 55+ lifestyle with free golf on a private 9-hole executive golf course, along with community activities, walking opportunities, and the option to be as social or as peaceful as you choose. With one of the best lots in the community, beautiful mountain views, and a yard that is hard to find, this Cherry Valley home is a rare opportunity.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,621 | 1,785 |
| Lot Size | 10,890 | 10,454 |
| Price | $420.0K | $475.1K |
| Price per sq ft | $259 | $308 |
| Built year | 1990 | 1979 |
| HOA | $275.0 | $0 |
| Days on market | 5 | 113 |
Jul 17, 2026
$420,000
Initial Listing
Feb 1, 2008
$240,000
Public Record
Oct 18, 2005
$310,000
Public Record
May 11, 2001
$160,000
Public Record