577 Oak Knoll, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 3 bed, 1 bath
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577 Oak Knoll
Green Valley Lake, California 92341
ACTIVE
CONDITION: FAIR
3Beds
1Baths
884Sq Ft
3,944Lot Size
Property Price
LIST PRICE$244,000
EST. MARKET VALUE
$259,822
6% BelowMARKET VALUE
SUMMARY
This 1964 mountain residence represents a High-Potential Investment Opportunity, listed at a List Price of $265,000—positioned well below the $261,794 Fair Market Value by -1.2%. While the property maintains a Condition Rating of 4, it offers a functional layout with a deck and mountain views. The home serves as an affordable entry point into the Rim of the World school district. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of performing cosmetic updates to modernize the interior and capture long-term value.
Estimated Market Value
$259,822+$15,822 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Green Valley Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 577 Oak Knoll Subject 3 bd · 1 ba · 884 sqft · $294 | $244,000* List Price | 3 | 1 | 884 | $294 | - |
A 582 Beechnut Active 2 bd · 2 ba · 704 sqft · $355 · 0.2 mi | $250,000 List Price | 2 | 2 | 704 | $355 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this 60-year-old property is significantly dated, featuring original-style wood paneling and older carpeting. While the exterior appears well-maintained with a metal roof and recent paint, the interior finishes and likely the mechanical systems exceed the 20-30 year threshold for modern standards, requiring updates to move beyond its current functional but aged condition.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Priced at $265,000, this property represents a highly affordable entry point into the Green Valley Lake market, offering excellent value for a three-bedroom mountain residence.
- Outdoor Living & Views
The home features a dedicated deck and mountain views, providing essential outdoor space that enhances the high-altitude lifestyle and appeal for vacationers or full-time residents.
- Buyer Protection Plan
The inclusion of a 100-Day Home Warranty offers significant peace of mind and financial protection against immediate repair costs, which is a strong selling point for a home built in 1964.
CONSRISKS & DEFICIENCIES
- High Occupancy to Bathroom Ratio
With three bedrooms but only one bathroom, the home may present functional challenges for families or groups, potentially limiting its appeal to certain buyer segments.
- Compact Interior Footprint
The 884-square-foot layout is quite small for a three-bedroom configuration, suggesting that individual room sizes are likely tight and may feel cramped for modern living standards.
About 577 Oak Knoll
577 Oak Knoll Cir, Green Valley Lake CA 92341 is a home built in 1964 with 884 square feet and mountain views. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. Flooring extends across the interior living areas. A deck extends the living space outdoors, creating ample room for relaxation and entertaining, and exterior paint completes the exterior. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Included 100-Day Home Warranty with buyer activation
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 3,944 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Green Valley Lake Unified Schools
Charles Hoffman Elementary School
Grades K-5 • 3.1 mi
4/10
Rim Virtual
Grades K-8 • 7.7 mi
0/10
Mary P. Henck Intermediate School
Grades 6-8 • 8.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.1 |
| Square foot | 884 | 1,476.857 |
| Lot Size | 3,944 | 7,162.429 |
| Price | $244.0K | $394.0K |
| Price per sq ft | $276 | $303 |
| Built year | 1964 | 1971 |
| HOA | $0 | $0 |
| Days on market | 40 | 52 |
Pricing History
Listed for Sale
Oct 22, 2026
$244,000
$249,000
-2% Price Drop
Initial Listing
Price Change
Oct 8, 2026
$249,000
$257,000
-3% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$257,000
$265,000
-3% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$265,000
Initial Listing
Sold
Dec 4, 2024
$290,000
Public Record