10040 Sky Lane, Cherry Valley, California 92223, Cherry Valley, 92223 - 3 bed, 1 bath

10040 Sky Lane, Cherry Valley, California 92223 home-pic-0
ACTIVE$429,000
10040 Sky Lane, Cherry Valley, California 92223
3Beds
1Bath
1,200Sqft
6,970Lot
Year Built
1962
Close
-
List price
$429K
Original List price
$449K
Price/Sqft
$358
HOA
-
Days on market
-
Sold On
-
MLS number
IV25127660
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $429.0K(11th), sqft - 1200(8th), beds - 3(50th), baths - 1(4th).

Welcome to this charming single-family home located in the peaceful community of Cherry Valley, California. Eligible for a USDA 100% financing loan! This inviting property features 3 bedrooms, 1 full bathroom, and 1,200 square feet of comfortable living space—perfect for first-time buyers, downsizers, or anyone seeking a quiet retreat with room to grow. Situated on a generous 7,405 sq. ft. flat, usable lot, the home offers ample outdoor space for entertaining, gardening, or future expansion. A rare bonus, the backyard has two LARGE sheds perfect for storage. The additional side parking is ideal for trailers or extra vehicles. Inside, enjoy a cozy and functional layout with new central air conditioning and heating and brand new water heater—ensuring year-round comfort and energy efficiency. Dishwasher also brand new and ready to use! The home is ready and full of potential for your personal touch. Located in a quiet, relaxed paced neighborhood where you’re still just a short drive from shopping, dining, and schools, with easy access to nearby Beaumont and the 10 and 60 Freeways. Don't miss this opportunity to own a slice of Cherry Valley charm—schedule your private tour today!

Price History

Date
Event
Price
08/21/25
Price Change
$429,000
06/06/25
Listing
$449,000
Condition Rating
Fair

Built in 1962, this property is aged, but benefits from significant recent updates to major systems including new central air conditioning and heating, a brand new water heater, and a new dishwasher. This ensures functional comfort. However, the kitchen features very dated wood cabinets, tile countertops, and tile flooring, and the living room has older parquet flooring, indicating that cosmetic updates are needed throughout. The exterior also shows signs of age. While livable and functional due to system upgrades, the overall aesthetic and finishes are outdated, aligning with the 'Fair' condition criteria of requiring minor updates and showing signs of being outdated.
Pros & Cons

Pros

Financial Accessibility: Eligible for USDA 100% financing, significantly broadening the buyer pool and making it highly attractive for first-time buyers.
Recent Major Upgrades: Features new central air conditioning and heating, a brand new water heater, and a new dishwasher, providing immediate comfort and reducing near-term maintenance costs.
Generous & Usable Lot: Situated on a 7,405 sq. ft. flat, usable lot, offering ample outdoor space for entertaining, gardening, or future expansion.
Excellent Storage & Parking: Includes two large backyard sheds for storage and additional side parking, ideal for trailers or extra vehicles.
Quiet Neighborhood & Convenient Location: Located in a peaceful, relaxed community with easy access to shopping, dining, schools, and major freeways (I-10 & I-60).

Cons

Limited Bathroom Count: With 3 bedrooms, having only 1 full bathroom may be a significant drawback for families or multiple occupants.
Older Construction & Potential for Updates: Built in 1962, and described as having 'potential for your personal touch,' suggesting that while some systems are new, other areas may require cosmetic updates or modernization.
Modest Square Footage: At 1,200 sq. ft., the interior living space is on the smaller side for a 3-bedroom home, which might limit appeal for buyers seeking more expansive living areas.

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