$355,000

40848 Valley Of The Falls Dr Forest Falls, CA 92339

$4,216
Closing credit¹
3 beds
2 full
1,324 sqft
0.4 acres
$268 / sqft
House

Property details

About 40848 Valley Of The Falls Dr

Location, Location, Location...Sitting on 15,000 sq feet of prime land on the Banks of Year 'Round Mill Creek is this adorable home with 3 bedrooms and 2 baths. Beautiful river rock fireplace w/ insert in living room to keep it cozy during the cooler months and romantic Fall evenings. Kitchen has laminate floors and countertops, opens into living room and has a breakfast bar for convenience. Front bedroom is a step down from living room and full bath and has lots of windows for natural light. Rear bedroom has soaring ceilings and a wall of windows looking out into the forest, and a wood burning stove making it oh so charming. This big bedroom could double as a great room if desired. Downstairs bedroom accessed from inside or out is good sized and neighbor to big laundry room and wine cellar. So much character in this one of a kind mountain home from the vintage five panel doors, glass door knobs and leaded glass windows to the cedar panelling and vintage brass handles on the kitchen cabinets. Detached work shop at front of property. The only real thing it needs are your personal touches to call it home.

Highlights

Home typeSingle Family Residence
HeatingElectric, Fireplace(s), Wood Stove
StatusActive
Size1,324 sqft
BasementYes
Lot size0.36 Acres
Year built1926
ParkingOff Street, Unpaved
MLS #IG25012585
WaterfrontCreek
FireplaceLiving Room, Wood Burning
ViewMountain(s), Other, River, Trees/Woods

Summary

  • MLS Number: IG25012585
  • MLS Name: CRMLS
  • Office Name: GILLMORE REAL ESTATE
  • Office Email: debi@forestfalls.com
  • Listing Agent: DEBORAH WELCH

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of home

$355,000

40848 Valley Of The Falls Dr

$4,216

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$137,637$1,632
2023$134,939$1,632
2022$132,293$1,593
2021$129,699$1,621
2020$128,369$1,537
2019$125,852$1,331
2018$123,385$1,322
2017$120,966$1,297

History based on county public records data.

Nearby schools

5

Ridgeview Elementary School

Public District KG-5

7.6 mi

11021 Sunnyside Dr

5

Wildwood Elementary School

Public District KG-5

8.1 mi

35972 Susan St

3

Calimesa Elementary School

Public District KG-5

9.2 mi

13523 2nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,981. The majority of Forest Falls, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
43%
35k-100k
21%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
52%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40848 Valley Of The Falls Dr

This home is located at 40848 Valley Of The Falls Dr in Forest Falls, CA and zip code 92339. This 1,324 square foot home, which was built in 1926, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $355,000.

While more than 0 listings in Forest Falls, CA in January 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Forest Falls, CA increased by 55.6% between December and January 2025. In January 2025 median list price was $360,000 and the average listing age was 158 days.

From Rocket Homes Real Estate and based on county public records data.

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