9504 Summit, Forest Falls, California 92339, Forest Falls, 92339 - 3 bed, 2 bath
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Forest Falls, California 92339
This Mountain Value-Add Residence is a Prime Investment Opportunity, listed at $349,000—positioned well below the $365,722 Fair Market Value by 4%. This valuation gap offers $16,722 in Instant Equity for buyers. While the property holds a Condition Rating of 4, its location provides a rare view of Big Falls waterfall and immediate access to the San Gorgonio Wilderness. Located in the Redlands Unified School District, this asset requires modernization to maximize ROI. It is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9504 Summit Subject | $349,000* List Price | 3 | 2 | 1,384 | $264 | - |
A 41062 Pine Drive Sold | $420,000 | 3 | 2 | 1,479 | $284 | 0.6 mi |
B 9376 Dogwood Lane Sold | $310,000 | 2 | 2 | 1,414 | $219 | 0.2 mi |
C 40998 Pine Sold | $276,500 | 2 | 2 | 1,122 | $246 | 0.6 mi |
D 41061 Pine Drive Sold | $440,000 | 3 | 3 | 1,869 | $235 | 0.6 mi |
E 40914 Oak Drive Sold | $245,000 | 2 | 1 | 890 | $275 | 0.7 mi |
F 9361 Canyon Drive Sold | $245,000 | 2 | 1 | 858 | $286 | 0.4 mi |
G 41267 Valley Of The Falls Drive Active | $329,000 List Price | 2 | 2 | 1,048 | $314 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is aged but appears maintained. The interior is significantly outdated, featuring original wood paneling, acoustic tile ceilings, and old-fashioned kitchen cabinetry. While the listing mentions new laminate flooring in the living room, the presence of older carpets, wall heaters, and dated fixtures indicates the home has not undergone a major renovation in several decades and requires modernization.
Situated just feet from the Vivian Trail Head and the San Gorgonio Wilderness, this property offers unparalleled access for hiking and nature enthusiasts.
The home features a rare 'peak-a-boo' view of Big Falls, Southern California's tallest year-round waterfall, complemented by surrounding mountain and forest vistas.
The floor plan includes a separate rear sitting room and a loft bedroom, providing flexible space for guests, a home office, or a multi-generational living arrangement.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1959, the property likely requires updates to its original systems and insulation to meet modern energy efficiency and comfort standards.
The high-altitude location in Forest Falls subjects the property to significant winter weather, which may involve higher heating costs and specialized exterior maintenance.
Best Deal on The Market! This 3 bedroom 2 bath home has sooo much to offer! Peak a Boo View of Southern California's Tallest Year 'round Waterfall, Big Falls. Enter into large living room with efficient wood burning stove, to stave off Winters Chill. Large Kitchen and dining area divide living room and Bedrooms. Living room has new laminate flooring. 2 main level bedrooms and full bath. At rear of home separate sitting room, full bath and loft bedroom with pedestal for cozy sleeping area. Rear yard partially fenced for your fur babies. If you're an avid hiker this is the place to be, just feet from The Vivian Trail Head and sitting directly in the San Gorgonio Wilderness. Escape the City heat and come to Forest Falls where the Air is Clean the water is fresh and a better way of life, make the change today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,384 | 1,427 | 44% |
| Lot Size | 6,000 | 9,550 | 22% |
| Price | $349.0K | $367.2K | 44% |
| Price per sq ft | $252 | $253 | 44% |
| Built year | 1959 | 1951 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 233 | 6% |
Mar 4, 2026
$349,000
Initial Listing
May 28, 2004
$197,000
Public Record