Experience the charm of custom-built living! This stunning 1-bedroom, 1-bath home features an additional 400 sq ft of versatile loft space, along with a second loft above the kitchen. The soaring ceilings and expansive dual-glazed windows create an airy, spacious feel throughout. The open floor plan seamlessly connects the kitchen, living room, office, and lofts, offering a cohesive and inviting atmosphere. The extra loft storage above the kitchen can easily be transformed into a full second level, providing ample room for expansion. If you’re seeking a bright, mountain retreat with growth potential, this is the home for you! With convenient access from Valley Of The Falls Dr and May Rd, there’s plenty of space to build your dream garage. The full bathroom boasts a multi-person jetted jacuzzi tub and a separate shower for ultimate relaxation. A quality Jotul propane stove offers the warmth and ambiance of a wood-burning stove without the hassle, while forced air heating and cooling ensure year-round comfort. Don’t miss this opportunity! Priced below market value, this clean and modern home is ready to meet all your needs. Act quickly—this gem won’t last long!
Sold for $327,000
Listed by: GILLMORE REAL ESTATE • RODERICK GRAHAM • Contact: 909-794-2518
Bought with: Bressi Realty
Tax assessed value
$327,000
40235 Valley Of The Falls Dr, Forest Falls, CA 92339
1beds
970sqft
Single Family Residence
Built in 2005
0.32 Acres Lot
$348,700 Zestimate®
$337/sqft
$1,829 Estimated rent
Home value
$348,700
$331,000 - $370,000
$1,829/mo
Zestimate® history
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$2,208/mo
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Zillow last checked:
Listing updated:
Listed by:
RODERICK GRAHAM DRE #02050394 rod@forestfalls.com,
GILLMORE REAL ESTATE
Bought with:
Tony Cannon, DRE #01318292
Bressi Realty
Source: CRMLS,MLS#: EV24117420
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Laundry, Loft, Living Room, Office, Other
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Separate Shower, Walk-In Shower
Kitchen
- Features: Laminate Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central, Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Propane Oven, Propane Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Beamed Ceilings, Brick Walls, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Partially Furnished, Storage, All Bedrooms Down, Bedroom on Main Level, Loft, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Propane
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 970 sqft
Property
Parking
- Total spaces: 5
- Parking features: Concrete, Driveway Down Slope From Street, Driveway, Driveway Up Slope From Street, Unpaved
- Uncovered spaces: 5
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Main Floor
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Canyon, Hills, Mountain(s), Rocks, River, Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: River,Creek/Stream
Lot
- Size: 0.32 Acres
- Features: 0-1 Unit/Acre, Gentle Sloping
Details
- Additional structures: Shed(s)
- Parcel number: 0323303550000
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asphalt, Drywall, Concrete, Wood Siding
- Foundation: Block, Concrete Perimeter, Permanent
- Roof: Asphalt,Shingle
Condition
- Termite Clearance
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Standard
- Sewer: Septic Tank
- Water: Private
Community & HOA
Community
- Features: Biking, Fishing, Hiking, Hunting, Mountainous, Near National Forest, Preserve/Public Land, Rural, Valley
- Security: Prewired, Security System, Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Trail(s), 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: $337/sqft
- Tax assessed value: $327,000
- Annual tax amount: $3,866
- Date on market: 6/9/2024
- Cumulative days on market: 19 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2024 | Sold | $327,000-0.5%$337/sqft |
Source:  CRMLS #EV24117420 Report a problem | ||
| 6/30/2024 | Pending sale | $328,500$339/sqft |
Source: CRMLS #EV24117420 Report a problem | ||
| 6/9/2024 | Listed for sale | $328,500+13.7%$339/sqft |
Source: CRMLS #EV24117420 Report a problem | ||
| 4/19/2024 | Sold | $289,000-0.3%$298/sqft |
Source: CRMLS #EV24046596 Report a problem | ||
| 3/17/2024 | Pending sale | $290,000$299/sqft |
Source: CRMLS #EV24046596 Report a problem | ||
| 3/7/2024 | Listed for sale | $290,000+353.1%$299/sqft |
Source: CRMLS #EV24046596 Report a problem | ||
| 6/12/2003 | Sold | $64,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,866 +7% | $327,000 +1.5% |
| 2024 | $3,614 +1% | $322,057 +2% |
| 2023 | $3,579 +2.4% | $315,742 +2% |
| 2022 | $3,496 +15.2% | $309,551 +21% |
| 2021 | $3,034 +1.7% | $255,800 |
| 2020 | $2,981 +3.8% | $255,800 +3% |
| 2019 | $2,873 +7.5% | $248,400 |
| 2018 | $2,673 +6.1% | $248,400 +7.5% |
| 2017 | $2,520 | $231,100 +7% |
| 2016 | $2,520 +6.9% | $216,000 +8% |
| 2015 | $2,356 +7.3% | $200,000 +5.3% |
| 2014 | $2,196 | $190,000 +64.6% |
| 2013 | -- | $115,400 +11% |
| 2012 | -- | $104,000 -49.7% |
| 2011 | -- | $206,661 +0.8% |
| 2010 | -- | $205,116 -0.2% |
| 2009 | -- | $205,603 +832.4% |
| 2008 | -- | $22,052 +2% |
| 2007 | -- | $21,620 -66.8% |
| 2004 | -- | $65,194 +15.5% |
| 2003 | -- | $56,442 +2% |
| 2002 | -- | $55,335 +2% |
| 2001 | -- | $54,250 +2% |
| 2000 | -- | $53,186 |
Find assessor info on the county website
Neighborhood: 92339
Nearby homes
- $360,2002 bd2 ba1k sqft40221 Valley Of The Falls Dr, Forest Falls, CA 92339Off Market
- $404,9003 bd2 ba1.8k sqft9196 May Rd, Forest Falls, CA 92339Off Market
- $51,3031 bd1 ba876 sqft9198 May Rd, Forest Falls, CA 92339Off Market
- $352,3002 bd1 ba1.1k sqft40255 Valley Of The Falls Dr, Forest Falls, CA 92339Off Market
- $196,0002 bd1 ba658 sqft9194 May Rd, Forest Falls, CA 92339Off Market
- $130,218-- bd-- ba580 sqft9200 May Rd, Forest Falls, CA 92339Off Market
- $420,0003 bd3 ba1.7k sqft40211 Valley Of The Falls Dr, Forest Falls, CA 92339Sold
- $373,8005 bd2 ba1.7k sqft40203 Valley Of The Falls Dr, Forest Falls, CA 92339Off Market
Nearby schools
GreatSchools rating
- 6/10Mentone Elementary SchoolGrades: K-5Distance: 11.2 mi
- 6/10Moore Middle SchoolGrades: 6-8Distance: 13 mi
- 8/10Redlands East Valley High SchoolGrades: 9-12Distance: 11.8 mi
Schools provided by the listing agent
- Elementary: Fallsvale
- Middle: Moore
- 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
$348,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$348,700
- California
- San Bernardino County
- Forest Falls
- 92339
- 40235 Valley Of The Falls Dr
Nearby cities
Nearby zip codes
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