RealKey
‪(213) 433-7766‬

39409 Tokay, Cherry Valley, California 92223, Cherry Valley, 92223 - 3 bed, 1 bath

39409 Tokay, Cherry Valley, California 92223 home-pic-0
ACTIVE$350,000
39409 Tokay, Cherry Valley, California 92223
3Beds
1Bath
1,180Sqft
19,602Lot
Year Built
1961
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$297
HOA
-
Days on market
-
Sold On
-
MLS number
IG25277880
Home ConditionExcellent
Features
Good View: City Lights, Hills, Meadow, Mountain(s), Neighborhood, Panoramic
ViewCity Lights,Hills,Meadow,Mountain(s),Neighborhood,Panoramic

About this home

We found 4 Cons,6 Pros. Rank: price - $350.0K(3th), sqft - 1180(8th), beds - 3(50th), baths - 1(4th).

Tucked down a private country driveway on nearly half an acre, this move in ready Cherry Valley home offers the perfect blend of modern comfort and future opportunity. This spacious and updated 2 bedroom, 1 bath main home features a new kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and fresh flooring throughout, creating a turnkey space that’s ready for owners or tenants. What sets this property apart is its exceptional flexibility. A detached 300 square foot accessory structure presents strong ADU conversion potential, ideal for a potential third bedroom, guest space, rental unit, home office, studio, gym, or private retreat. The additional detached garage/workshop adds valuable utility for storage, hobbies, or future reconfiguration, while extensive parking accommodates multiple vehicles and possible RV access. This is a rare opportunity for large lot house hunters, multigenerational households, or investors seeking value add potential. Create separation for extended family and build long term equity through strategic improvements. The possibilities are exciting and powerfully irresistible! Enjoy peaceful rural living with open space and views toward Lake Perris, all while staying conveniently close to Cherry Valley amenities. Whether you're pursuing immediate income opportunities or long term appreciation, this property delivers versatility, land for future additions or storage opportunities, and a highly sought after location. Schedule your private tour today!

Price History

Date
Event
Price
12/18/25
Listing
$350,000
03/31/14
Sold
$155,000
09/21/05
Sold
$263,000
01/11/02
Sold
$80,000
Condition Rating
Excellent
Despite being built in 1961, the property has undergone an extensive and recent renovation, particularly evident in the kitchen and bathroom. The kitchen features new quartz countertops, custom shaker-style cabinetry, and modern stainless steel appliances. The bathroom is also fully updated with new tile, vanity, and fixtures. Fresh wood-look flooring and modern lighting (recessed lights, ceiling fans) are present throughout the main living areas. While the property utilizes wall-mounted AC units and heaters instead of central HVAC, the overall interior quality, style, and features of the renovated spaces meet current high standards, making it move-in ready with virtually new components in key areas.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19602, living area = 1180.
ADU Conversion Potential: A detached 300 sqft accessory structure offers significant potential for an ADU, guest space, home office, or additional bedroom, enhancing income potential or multi-generational living.
Extensive Recent Updates: The main home features a newly remodeled kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and fresh flooring throughout, providing a modern, move-in ready interior.
Generous Lot Size & Privacy: Situated on nearly half an acre with a private country driveway, the property offers ample space, privacy, and a peaceful rural setting.
Panoramic Views: Enjoy diverse and expansive views including City Lights, Hills, Meadows, Mountains, Neighborhood, and Lake Perris, adding significant aesthetic appeal.
Versatile Utility Structures: Includes an additional detached garage/workshop and extensive parking with potential RV access, providing valuable utility for storage, hobbies, or future expansion.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1180, other record living area = 665. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Limited Bathroom Count: The property features only one bathroom, which may be insufficient for a multi-bedroom home, especially if the ADU potential is realized.
Age of Construction: Built in 1961, the property's age may suggest potential for older infrastructure (e.g., plumbing, electrical, HVAC) that might require future maintenance or upgrades beyond the recent cosmetic renovations.
Main Home Bedroom Configuration: The primary residence offers only two bedrooms, which could be a limiting factor for larger families or those requiring more dedicated sleeping spaces, despite the ADU potential for a third.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state