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33037 Canyon Drive, Green Valley Lake, California 92341, Green Valley Lake, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$585,000
33037 Canyon Drive, Green Valley Lake, California 92341
4Beds
2Baths
1,814Sqft
4,992Lot
Year Built
1960
Close
-
List price
$585K
Original List price
$650K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG24183674
Home ConditionPoor
Features
Excellent View: Hills, Lake, Mountain(s), Neighborhood, Trees/Woods
Deck
Patio
ViewHills, Lake, Mountain(s), Neighborhood, Trees/Woods

About this home

First time on the market ONE OF A KIND PROPERTY! Adorable cabin with "Lake Views" right from your living WINDOW! Best location in Green Valley Lake with an unobstructed view of the lake. Walk out of your front door 15 feet and throw a fishing pole right into the lake! This cabin has a perfect set up for a short term rental or family home! Can't do stairs, this one is perfect. The driveway, kitchen, 2 decks/patios, living room 2 bedroom's and 1 bathroom are all on the main level! Sit back on the newly refinished patio and listen to the woodpeckers peck, watch the squirrels and listen to the tree blow in the breeze. This peaceful and tranquil location is ideal for relaxation and a great place to unwind. Includes a paddle boat and row boat. Green Valley Lake has fishing, boating, biking, hiking and park use. Walking distance to everything that Green Valley has to offer. No need to drive around from this location. Seller just repainted the entire exterior and re stained the deck. Owners have option to purchase exclusive beach and fishing passes. Home Ownership includes stock in the lake/town and grants voter rights.

Nearby schools

4/10
Charles Hoffman Elementary School
Public,•K-5•2.5mi
/10
Rim Virtual
Public,•K-8•7.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•7.6mi
6/10
Rim Of The World Senior High School
Public,•9-12•7.2mi

Price History

Date
Event
Price
09/13/25
Price Change
$585,000-2.3%
08/03/25
$599,000
09/21/24
$650,000
Condition Rating
Poor
Built in 1960, this property's interior, especially the kitchen, appears to have had no major renovations in 30-50+ years, or possibly even since construction. The kitchen features very dated white appliances, original-style wood cabinets, laminate countertops, and an old fluorescent light fixture. While the exterior has been recently repainted and the deck re-stained, the interior's outdated style, materials, and likely original systems (electrical, plumbing, HVAC) would require substantial repairs and rehabilitation to meet current quality standards and modern aesthetics. Although functional, a significant investment would be needed for modernization.
Pros & Cons

Pros

Prime Lakefront Location: Offers unobstructed lake views and direct lake access (15 feet from the front door), providing exceptional recreational opportunities and a highly desirable setting.
Strong Short-Term Rental Potential: Explicitly marketed as ideal for short-term rentals, indicating a significant income-generating opportunity for investors.
Single-Level Accessibility: The main level accommodates essential living spaces, including 2 bedrooms and 1 bathroom, making it highly accessible and appealing to a wide range of buyers, including those with mobility concerns.
Recent Exterior Updates: The seller has recently repainted the entire exterior and re-stained the deck, reducing immediate maintenance needs for the new owner.
Exclusive Community Benefits: Includes a paddle boat and row boat, with options for exclusive beach and fishing passes, and ownership stock in the lake/town, enhancing the lifestyle and community engagement.

Cons

Property Age & Potential System Updates: Built in 1960, the property may feature original or outdated systems (e.g., electrical, plumbing, HVAC) that could require significant investment for modernization or repair.
Significant Price Reductions & Valuation Discrepancy: Multiple price drops from $650,000 to $585,000, combined with an estimated value significantly below the current listing price, suggest potential overpricing or market resistance.
Limited Interior Renovation Details: While exterior updates are mentioned, the description lacks specific details on interior renovations, which could imply outdated finishes or systems inside the home requiring buyer investment.

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