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Sold for $365,000
  • Listed by: MATRIX ESTATE GROUP • DEBORAH JACOBS • Contact: 909-503-5960
    Bought with: KELLER WILLIAMS REALTY
    $365,000

    40204 Valley Of The Falls Dr, Forest Falls, CA 92339

    3beds
    1,374sqft
    Single Family Residence
    Built in 1928
    9,700 Square Feet Lot
    $364,900 Zestimate®
    $266/sqft
    $2,628 Estimated rent

    Home value

    $364,900

    $332,000 - $401,000

    $2,628/mo

    Zestimate® history
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    What's special

    Rare single-story cabin-style homeWarm authentic mountain ambianceNew detached oversized carportNewer roofWaterproof luxury vinyl flooringNew dupont pet-proof carpetRich knotty pine accents
    Picture your mornings here—sunlight pouring into the kitchen, coffee in hand, with peaceful mountain views just beyond your window. This is more than a home… it’s where your next chapter begins. Mountain Living in Forest Falls USDA Eligible with Potential $0 Down Financing (terms apply) Rare single-story cabin-style home in Forest Falls offering the perfect blend of rustic mountain charm and everyday convenience. This 3-bedroom, 2-bath home features a spacious, floor plan and a stunning mansard-style living room with rich knotty pine accents, creating the warm, authentic mountain ambiance buyers dream about. The country kitchen offers generous space for entertaining, holiday gatherings, and everyday living. Recent improvements include a newer roof, new DuPont pet-proof carpet, waterproof luxury vinyl flooring, and central heating for year-round comfort. The home is offered partially furnished, adding immediate move-in ease and value. Additional highlights include abundant under-home storage, a new detached oversized carport, and a brand-new oversized storage shed, ideal for tools, outdoor gear, workshop needs, or hobby space. Step outside into a peaceful backyard retreat framed by a magnificent stand of approximately 400-year-old trees, creating rare privacy, shade, and a truly serene natural setting that captures the essence of Forest Falls living. The low HOA includes water, trash, seasonal snow removal, and common area maintenance, making mountain living simple, affordable, and low stress. Don't like mountain roads? Too curvy with cliffs? This commute is perfect, pretty much straight up the mountain. Located just minutes from Redlands with convenient access to I-10, this home offers the perfect balance of peaceful mountain lifestyle and commuter-friendly convenience. USDA eligible with potential 0% down financing (buyer to verify loan terms and qualification). Some pictures are virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    DEBORAH JACOBS DRE #01905167 909-503-5960,

    MATRIX ESTATE GROUP

    Bought with:

    Leonard Dominguez Jr., DRE #02167691

    KELLER WILLIAMS REALTY

    Source: CRMLS,MLS#: IG26036540MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central, Fireplace(s), Space Heater
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Propane Oven, Propane Range, Propane Water Heater, Dryer, Washer
    • Laundry: Inside
    Features
    • Eat-in Kitchen, All Bedrooms Down
    • Flooring: Carpet, See Remarks
    • Windows: Custom Covering(s), Double Pane Windows
    • Basement: Unfinished,Utility
    • Has fireplace: Yes
    • Fireplace features: Insert, Family Room, Wood Burning, Wood BurningStove
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,374 sqft

    Property

    Parking
    • Parking features: Detached Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Concrete
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 9,700 Square Feet
    • Features: Sloped Down, Front Yard, Value In Land, Walkstreet, Zero Lot Line
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0323301110000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Natural Gas Not Available, Propane, Sewer Not Available

    Community & HOA

    Community
    • Features: Biking, Hiking, Mountainous, Near National Forest, Preserve/Public Land
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Trash, Water
    • HOA fee: $145 monthly
    • HOA name: BIG PINE TRACT
    • HOA phone: 909-795-4085
    Location
    • Region: Forest Falls

    Financial & listing details

    • Price per square foot: $266/sqft
    • Tax assessed value: $334,282
    • Annual tax amount: $3,948
    • Date on market: 2/25/2026
    • Cumulative days on market: 65 days
    • Listing terms: Cash,Cash to New Loan,FHA,USDA Loan

    Price history

    DateEventPrice
    6/24/2026Sold$365,000$266/sqft
    Source: CRMLS #IG26036540 Report a problem
    6/5/2026Pending sale$365,000$266/sqft
    Source: CRMLS #IG26036540 Report a problem
    5/7/2026Contingent$365,000$266/sqft
    Source: CRMLS #IG26036540 Report a problem
    5/2/2026Listed for sale$365,000+15.9%$266/sqft
    Source: CRMLS #IG26036540 Report a problem
    12/16/2021Sold$315,000-4.3%$229/sqft
    Source: Public Record Report a problem
    10/19/2021Pending sale$329,000$239/sqft
    Source: CRMLS #EV21110162 Report a problem
    10/9/2021Contingent$329,000$239/sqft
    Source: CRMLS #EV21110162 Report a problem
    10/1/2021Listed for sale$329,000+47.5%$239/sqft
    Source: CRMLS #EV21110162 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/18/2018Sold$223,000-6.7%$162/sqft
    Source: Public Record Report a problem
    3/13/2018Listed for sale$239,000$174/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,948 +7.5%$334,282 +2%
    2024$3,674 +1%$327,727 +2%
    2023$3,639 +2.4%$321,300 +2%
    2022$3,554 +33.4%$315,000 +37.1%
    2021$2,664 +2.8%$229,816 +1%
    2020$2,592 +2.9%$227,460 +2%
    2019$2,520 +383.7%$223,000 +366.2%
    2018$521 +0.7%$47,838 +2%
    2017$517 $46,900 +2%
    2016$517 +1.9%$45,980 +1.5%
    2015$508 +1.7%$45,289 +2%
    2014$499 $44,402 +0.5%
    2013-- $44,202
    Find assessor info on the county website

    Neighborhood: 92339

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Redlands East Valley

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $364,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $364,900