615 Ash, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 4 bed, 2 bath
615 Ash
Green Valley Lake, California 92341
Property Price
SUMMARY
Analysis of 615 Ash, Green Valley Lake, California 92341 reveals a Prime Investment Opportunity with a current list price of $514,000—significantly undercutting the $600,504 Fair Market Value by 16%. This valuation gap indicates a +$86,504 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Green Valley Lake 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 |
|---|---|---|---|---|---|---|
★ 615 Ash Subject | $514,000* List Price | 4 | 2 | 2,160 | $278 | - |
A 33019 Juniper Lane Sold | $414,000 | 3 | 2 | 1,500 | $276 | 0.4 mi |
B 33207 Juniper Lane Active | $514,900 List Price | 3 | 3 | 2,366 | $218 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1972, this property has received significant recent upgrades, including new plumbing, updated bathrooms, and new flooring throughout. Major systems like the tankless water heater, 2-zone heating/cooling with smart thermostats, and a whole-house generator are modern and functional. While the kitchen is clean and well-maintained, its style and appliances are somewhat dated, preventing an 'Excellent' rating. However, the extensive system updates and refreshed key areas make it move-in ready with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15773, living area = 2160.
- Generous Lot & Privacy
The property spans two lots totaling over 15,500 sq ft, offering exceptional privacy and a natural setting with mature oak and pine trees.
- Extensive Modern Upgrades & Systems
Equipped with a tankless water heater, 2-zone heating/cooling with smart thermostats, a Ring camera system, a whole-house natural gas generator, and recent plumbing, bathroom, and flooring updates.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1972, the home's original construction is over 50 years old, which may raise concerns for some buyers regarding long-term maintenance or dated structural elements despite recent upgrades.
- Mountain Resort Location Challenges
While offering a serene retreat, the high mountain resort location (over 7,000 ft) can present accessibility challenges during winter months due to snow and potentially longer travel times to essential services.
- Bathroom-to-Bedroom Ratio
With 4 bedrooms and only 2 bathrooms, the ratio might be considered low for a home designed for 'large family gatherings,' potentially impacting convenience for multiple occupants.
About 615 Ash
Here is your rare opportunity to own an expansive 2160 square foot home designed for a large family gathering or just a relaxing mountain retreat! Situated on 2 lots with of over 15,500 square feet for privacy along with mature oak and pine trees that adorn the property. Attached is a 3 car over-sized garage that also offers over 400 sq ft of storage, driveway offers parking for an additional 5 cars. Large living room with 2 bedrooms and a bath on the main level, you can walk out and enjoy Mountain and Tree views from both the living room and kitchen on private decks, downstairs offers a large family room with wood burning stove for those snowy days in Green Valley Lake, along with an additional 2 bedrooms and an office. Modern conveniences abound with a tankless water heater, 2 zone heating and cooling with smart thermostats, and a Ring camera system. A natural gas whole house generator ensures that you will never go without power on those windy days. Recent upgrades include new plumbing and updated bathrooms and flooring. Green Valley Lake is Southern Californias highest mountain resort at over 7,000 feet which offers a private lake for boating, fishing, swimming, kayaking and paddle boarding along with miles of hiking and biking trails.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 15,773 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 • 2.9 mi
Rim Virtual
Grades K-8 • 7.5 mi
Mary P. Henck Intermediate School
Grades 6-8 • 7.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,160 | 1,164 | 88% |
| Lot Size | 15,773 | 6,900 | 96% |
| Price | $514.0K | $325.0K | 96% |
| Price per sq ft | $238 | $279 | 36% |
| Built year | 1972 | 1966 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 254 | 4% |
Pricing History
Listed for Sale
Jan 7, 2026
$514,000
Initial Listing
Sold
Aug 7, 2020
$390,000
Public Record
Sold
Oct 26, 2006
$339,000
Public Record