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40433 Valley Of The Falls, Forest Falls, CA 92339

$390K2bd · 1ba · 1,315 sqft
Lot 18,300 sqft•HOA $145/mo•Single Family Residence•
Active
•90d on market•MLS# IG-26169048

Property Description

Mountain charm meets modern comfort in this beautifully updated Forest Falls home! Situated on one of the largest and most usable lots in the community, this sunny property offers exceptional off-street parking, including RV parking, an oversized detached one-car garage, and easy year-round access from the main plowed road. This home is part of the Big Pines Tract HOA, which includes water and trash service. This cozy home features 2 bedrooms, 1 beautifully remodeled bathroom with a custom tiled walk-in shower, a loft for additional sleeping or flex space, and a large primary bedroom with its own private entrance. The inviting living room is highlighted by a beautiful raised-hearth fireplace with a cobblestone surround, mantel, and brand-new fireplace insert. The galley kitchen opens to a separate dining area, while the entry bonus room provides additional flexible living space that's perfect for a home office, gym, playroom, or hobby room. A separate storage room and indoor laundry, installed within the last two years, add even more convenience. Recent upgrades include brand-new dual-pane windows, new flooring throughout, new forced-air heating, and a water heater replaced approximately three years ago. Outside, enjoy the front and side porches or entertain under the brand-new lean-to gazebo, perfect for barbecues and gatherings. Whether you're looking for a full-time residence, weekend retreat, or vacation getaway, this move-in-ready mountain home offers comfort, convenience, and one of the best lots in Forest Falls.

Features & Amenities

FeeBuilt 1928

Property Details

Land Type
Fee
Year Built
1928
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
11
Garage Spaces
1
Heating
Wood Stove, Central, Forced Air
Cooling
Wall/Window Unit(s)
View
Mountain(s), Trees/Woods
Flooring
Vinyl
Roof
Composition
City
Forest Falls
Zip Code
92339
County
San Bernardino
Listed byCOLDWELL BANKER KIVETT-TEETERS, Holly Hastings

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,972.05
Principal & Interest
Loan Amount
$312,000
Total Interest
$397,939
Total Payment Over 30 Years
$709,939
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

40433 Valley Of The Falls, Forest Falls, CA 92339

Forest Falls · Single Family Residence

$390K
Affordable Tier
Beds
2
Baths
1
Sqft
1,315
Lot
18,300 sqft
Year
1928
$/Sqft
$297
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 5.4% above the median closed sale of $369,900. Expect a longer timeline — comps averaged 148 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $390K· $297/sqft
Total list price
Closed comps
vs closed median $370K
+$20K (+5.4%)
Active comps
vs active median $350K
+$40K (+11.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $355
−$58 (−16.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9112 Torrey Pines RoadForest Falls1922231,1195,600$312$349,0007682
9211 CorralForest Falls19222288817,100$394$350,0003482
41099 Valley Of The FallsForest Falls1930218847,524$383$339,00021179
9333 CanyonForest Falls1989321,3665,665$322$440,0001875
40940 Pine DriveForest Falls1983229606,000$365$349,999973
Total: 5 · Average2.22.01,043.48,377.8$355.2$365,599.869.6
Median960$349,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
40204 Valley Of The FallsForest Falls192806/24/2026321,3749,700$365,000$365,000$2661.0012183
9226 Wood RoadForest Falls193205/14/20261197012,400$369,000$360,000$3710.9825583
9120 Torrey PinesForest Falls193508/05/2026321,64112,000$434,900$425,000$2590.9812381
9339 Wood RoadForest Falls192802/13/2026321,76214,300$445,000$400,000$2270.9019275
41045 Valley Of The FallsForest Falls198809/18/2026231,4886,000$369,900$369,900$2491.004770
Total: 5 · Average2.42.01,44710,880$383,980$383,980$274.4—147.6
Median1,488$369,900$369,900

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.