9187 Bonita Drive, Cherry Valley, California 92223, Cherry Valley, 92223 - 3 bed, 2 bath
9187 Bonita Drive
Cherry Valley, California 92223
Property Price
SUMMARY
Analysis of 9187 Bonita Drive, Cherry Valley, California 92223 reveals a property with a current list price of $1,323,000, which is 22% above the estimated $1,022,521 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cherry Valley 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 |
|---|---|---|---|---|---|---|
★ 9187 Bonita Drive Subject | $1,323,000* List Price | 3 | 2 | 2,385 | $429 | - |
A 9475 Lakeview Court Sold | $1,200,000 | 3 | 5 | 2,822 | $425 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1998, this property is 26 years old. While well-maintained and structurally sound, the kitchen features dated honey oak cabinets, white tile countertops, and older appliances, indicating a need for a full renovation to meet current standards. The main bathrooms also show signs of being outdated, and some flooring (e.g., green carpet) is past its prime. The absence of a mentioned cooling system is also a notable factor. The home is functional but requires substantial cosmetic updates in key areas.
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 = 46609, living area = 2385.
- Expansive & Horse-Friendly Lot
Situated on over an acre of usable land, this property is ideal for equestrian enthusiasts or those desiring significant space for animals, recreation, and tranquility.
- Breathtaking Panoramic Views
The home offers stunning mountain and valley views from nearly every room, enhancing its appeal and providing a serene living environment.
CONSRISKS & DEFICIENCIES
- Significant Price Discrepancy
The listing price is 20% higher than the estimated property value, which may deter potential buyers and could lead to a longer time on the market or require price adjustments.
- Rural Location Trade-offs
While offering tranquility, the quiet rural setting in Cherry Valley might imply longer commutes to major employment centers and potentially limited immediate access to diverse amenities or services.
- Absence of Cooling System Mention
The property description highlights a fireplace but makes no mention of an air conditioning system, which is a critical comfort feature for California's climate and could be a significant drawback for buyers.
About 9187 Bonita Drive
Welcome to your dream retreat in the heart of Cherry Valley! This beautifully designed two-story home offers the perfect blend of comfort, elegance, and country charm. Situated on over an acre of usable land, this horse-friendly property is ideal for those seeking space, views, and tranquility. Step inside to discover vaulted ceilings and graceful arched doorways that create an open and airy atmosphere throughout. The open-concept kitchen flows seamlessly into the living areas, making it perfect for entertaining. A unique two-story layout includes a private bedroom with a 3/4 bath—ideal for guests or multigenerational living. The luxurious primary suite features a cozy two-sided fireplace, a spa-like bath with a pedestal tub, and a massive walk-in closet. Enjoy breathtaking mountain and valley views from nearly every room. With a durable tile roof, plenty of space for animals or toys, and a quiet rural setting, this home is truly a Cherry Valley gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 46,609 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 2,385 | 2,017 | 72% |
| Lot Size | 46,609 | 6,534 | 97% |
| Price | $1.32M | $530.0K | 99% |
| Price per sq ft | $555 | $261 | 100% |
| Built year | 1998 | 2007 | 18% |
| HOA | $0 | $155 | 29% |
| Days on market | 280 | 187 | 85% |
Pricing History
Listed for Sale
May 31, 2025
$1,323,000
Initial Listing