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40848 Valley Of The Falls Dr, Forest Falls, CA, 92339

$364,900

Home List Price

$4,333*

Closing Credit

3 Bedrooms
2 Full Baths
1,324 SqFt
$276/SqFt
House

Location

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40848 Valley Of The Falls Dr, Forest Falls$364,900

Buyer Closing Credits

$4,333*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Level, Garage Faces Front, Gravel, Off Street, Workshop in Garage
Garage1 space
Year Built1926
HeatingElectric, Fireplace(s), Wood Stove
CoolingNone
BasementYes
FireplaceElectric, Living Room, Primary Bedroom
ViewPark, Mountain(s), Creek/Stream, Trees/Woods
MLS #EV24111608
Lot Size0.36 Acres
StatusActive

About 40848 Valley Of The Falls Dr

Nestled amidst the serene beauty of the mountains, this charming 1926 cabin offers a perfect blend of rustic allure and modern comfort. Originally part of the "Forest Service Recreation Cabin" program, this gem has been lovingly transformed into a delightful family home, enveloped by nature's tranquility. Set on nearly half an acre of land, the property boasts a picturesque setting, with the soothing sounds of Mill Creek echoing through the canyon. Lovingly maintained over the years, this cozy retreat welcomes you with freshly installed carpeting, enhancing its inviting ambiance. Step inside to discover a cozy dining area adjacent to the kitchen, complete with a convenient sitting bar. Descend into the spacious living room, where a woodstove insert adds warmth and character. Direct access to a 3/4 bath ensures convenience and functionality. Ascend a few steps to the primary bedroom, featuring panoramic windows that frame breathtaking views and flood the space with natural light. A full bathroom completes this private sanctuary. Additionally, the second bedroom (accessed off the Living Room) offers ample windows and its own exterior access, providing a peaceful retreat for guests or family members. A hidden stairway in the primary bedroom gives interior access to the lower level, where you'll find a generously sized third bedroom with it's own exterior entrance, ideal for privacy or rental potential. A dedicated laundry room and unique workshop area add to the home's versatility and appeal. Outside, a detached one-car garage with workshop/storage space awaits, providing space for vehicles and recreational gear as well as workbench space Conveniently located off the main road, this property offers easy access for commuters and visitors alike. Enjoy the best of both worlds with proximity to valley amenities just 20 minutes away, while still being within reach of Greater Los Angeles in just 1.5 hours and the beaches of San Diego in 2 hours. Ski enthusiasts will appreciate being only 45-60 minutes from the slopes of Big Bear, while nature lovers will delight in the nearby wilderness and creek, just minutes away. Experience mountain living at its finest – don't miss out on this rare opportunity to own your own piece of paradise!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: CENTURY 21 TOP PRODUCERS
  • Office Phone: (909) 677-7987
  • Listing Agent: MICAH KITER

Interior Features

Interior Information:

  • Appliances: Water Heater, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Concrete, Laminate
  • Interior: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Bedroom on Main Level, Utility Room, Workshop
  • Fireplace: Electric, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park, Mountain(s), Creek/Stream, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway Level, Garage Faces Front, Gravel, Off Street, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Sloped Down, Trees
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s), Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: Hwy 38 to Valley of the Falls Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,900
  • Price Per SqFt: $276/SqFt

Tax Information:

  • Annual Amount: $1,622
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Forest Falls, CA.

Med. Sold Price

$369K

Med. Price/SqFt

$271

Avg. Days On Market

33

# of Sold Homes

3

40848 Valley Of The Falls Dr vs Forest Falls

205 DAYS ON ROCKET

+172 Days

$364,900

-$4.1K Less

$276/SqFt

+$4 More

KEY TAKEAWAY

This property is $4.1K less than the Median Sold Price and $4/SqFt more than other homes in Forest Falls, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV24111608

Listing Office:

  • Office Name: CENTURY 21 TOP PRODUCERS
  • Office Phone: (909) 677-7987
  • Listing Agent: MICAH KITER

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,622$129,699
2020$1,537$128,369
2019$1,331$125,852
2018$1,322$123,385
2017$1,297$120,966

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,160

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1539680
5
/10
  • Ridgeview Elementary School

  • 11021 Sunnyside Dr

  • 7.60 miles

  • Public District Grades KG-5

school-card-donut-1539681
5
/10
  • Wildwood Elementary School

  • 35972 Susan St

  • 8.12 miles

  • Public District Grades KG-5

school-card-donut-1539682
3
/10
  • Calimesa Elementary School

  • 13523 2nd St

  • 9.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,981. The most common annual income of people living in Forest Falls, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40848 Valley Of The Falls Dr

What is the listing price of this property?

The listing price of 40848 Valley Of The Falls Dr property is $364,900.

What type of property is this?

The property 40848 Valley Of The Falls Dr is a house located in Forest Falls, California, 92339.

Is this property for sale now?

Active Listing: 40848 Valley Of The Falls Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,622 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40848 Valley Of The Falls Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40848 Valley Of The Falls Dr is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40848 Valley Of The Falls Dr is 1926.

Rocket HomesCaliforniaSan Bernardino CountyForest Falls9233940848 Valley Of The Falls Dr

This home is located at 40848 Valley Of The Falls Dr in Forest Falls, CA and zip code 92339. This 1,324 square foot home, which was built in 1926, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $364,900.

Forest Falls, CA housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The number of listings in Forest Falls, CA decreased by 28.6% between October 2024 and November 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $369,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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