771 Tulip Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 5 bed, 3 bath
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Green Valley Lake, California 92341
This Dual-Cabin Estate represents a High-Potential Investment Opportunity, listed at $550,000—positioned above the $471,211 Fair Market Value. While the list price exceeds the current valuation, the property’s Condition Rating of 2 and unique Dual-Cabin Configuration provide significant income-generating potential. Featuring a Chef-Inspired Kitchen and a 15,100 sq. ft. lot steps from Green Valley Lake, this asset offers rare versatility for short-term rentals or multi-generational living. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 771 Tulip Drive Subject | $550,000* List Price | 5 | 3 | 1,886 | $250 | - |
A 33207 Juniper Lane Sold | $485,000 | 3 | 3 | 2,366 | $205 | 0.2 mi |
B 615 Ash Active | $499,000 List Price | 4 | 2 | 2,160 | $231 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1939, the property has undergone an impeccable recent renovation. The kitchens in both the main and guest cabins feature modern chef-inspired designs with granite countertops, stainless steel appliances, and updated cabinetry. The interior shows high-end finishes, recessed lighting, and mint-condition living spaces that align with the <5-year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15100, living area = 1886.
The property features two separate, fully renovated residences on a single lot, offering exceptional versatility for multi-generational living or high-potential vacation rental income.
Despite its 1939 origins, the estate boasts high-end finishes, a chef-inspired kitchen, and a rare two-car garage, blending historic charm with contemporary convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15100, other record lot size in square feet = 7185. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1886, other record living area = 686. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Originally constructed in 1939, the property may present maintenance challenges or structural quirks common to older mountain homes, despite recent cosmetic and functional upgrades.
The assigned schools within the Rim of the World district carry moderate ratings (4-6), which may be a consideration for families seeking top-tier academic performance.
Perched at approximately 7,000 feet in the exclusive alpine community of Green Valley Lake, this remarkable mountain estate offers an extraordinary opportunity to own two impeccably renovated cabins on beautifully wooded parcel with over 15,000 square foot lot. Surrounded by majestic pines and crisp mountain air, this one-of-a-kind retreat combines timeless mountain character with sophisticated modern design, creating an unforgettable four-season escape. The main residence features three spacious bedrooms, thoughtfully redesigned with high-end finishes while preserving its authentic mountain charm. The inviting open-concept living spaces are ideal for entertaining, highlighted by a stunning chef-inspired kitchen, including a two car garage, room for RV and boat parking. The separate guest cabin, currently serving as a charming Bunkhouse, offers two bedrooms, a beautifully appointed bathroom, a comfortable living room, and a fully updated kitchen. Whether welcoming family and friends, creating a private home office or artisan retreat , or generating premium vacation rental income, this detached residence provides exceptional versatility and value. Green Valley Lake offers a private lake with boating, fishing, swimming, kayaking, paddle boarding and miles of hiking and biking trails. The Cabins are located just steps from the lake.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-8 • 7.4 mi
Grades 6-8 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 2.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,886 | 1,224 |
| Lot Size | 15,100 | 5,579.5 |
| Price | $550.0K | $352.4K |
| Price per sq ft | $292 | $310 |
| Built year | 1939 | 1983 |
| HOA | $0 | $0 |
| Days on market | 11 | 200 |
Jul 11, 2026
$550,000
Initial Listing
Nov 22, 2019
$356,000
Public Record
Nov 20, 1998
$95,000
Public Record