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40908 Cypress Point Drive, Cherry Valley, CA 92223

$325K2bd · 2ba · 1,085 sqft
Lot 5,227 sqft•HOA $275/mo•Single Family Residence•
Active
•109d on market•MLS# 00-26851719

Property Description

Welcome to Easy Living at Highland Springs Country Club (wonderful 55+ community) Nestled on a spacious corner lot within the highly desirable Highland Springs Country Club, this beautifully updated 2-bedroom, 2-bathroom home offers approximately 1,050 square feet of comfortable, low-maintenance living. Designed for both relaxation, move-in-ready convenience and modern comfort. Large windows fill the interior with natural light while the generous corner lot offers attractive curb appeal. Residents enjoy an exceptional resort-style lifestyle with HOA amenities that include unlimited golf for residents and guests, tennis, pickleball, a sparkling swimming pool and spa, fitness center, and a welcoming clubhouse all for a low monthly fee. Conveniently located near shopping, dining, medical facilities, and major freeways, this home is approximately 16 miles from Redlands, 30 miles from Palm Springs, and just minutes from Morongo Casino Resort & Spa. Whether you're seeking a full-time residence or a peaceful getaway, this charming corner-lot home offers the perfect blend of comfort, convenience, and active adult living. Come discover why life at Highland Springs feels like a vacation every day.

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
View
Pool
Flooring
Carpet
City
Cherry Valley
Zip Code
92223
County
Riverside
Listed bySundance Realty, Catherine Leogrande

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,643.38
Principal & Interest
Loan Amount
$260,000
Total Interest
$331,616
Total Payment Over 30 Years
$591,616
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

40908 Cypress Point Drive, Cherry Valley, CA 92223

Cherry Valley · Single Family Residence

$325K
Affordable Tier
Beds
2
Baths
2
Sqft
1,085
Lot
5,227 sqft
Year
1989
$/Sqft
$300
Pool: Yes✓
Spa: Yes✓
View: Pool✓

Listed 8.5% below the median closed sale of $355,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $325K· $300/sqft
Total list price
Closed comps
vs closed median $355K
−$30K (−8.5%)
Active comps
vs active median $465K
−$140K (−30.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $353
−$53 (−15.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
39587 Cherry Valley BoulevardCherry Valley1987221,04043,560$423$440,0001187
40813 Caballero DriveCherry Valley1994211,4414,356$250$360,0006475
10878 Crowther LaneCherry Valley1958321,3258,712$351$465,000072
10611 Cherry AveCherry Valley1962321,5078,712$335$505,0004863
39063 Vineland StreetCherry Valley1958321,59669,696$407$649,0003258
Total: 5 · Average2.61.81,381.827,007.2$353.2$483,80031
Median1,441$465,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
10890 Bel Air DriveCherry Valley198605/28/2026221,1524,792$249,000$249,000$2161.004891
10601 Bel Air DriveCherry Valley199309/16/2026221,2164,356$376,900$380,000$3121.012286
40918 Cypress Point DriveCherry Valley199010/08/2026221,2864,356$359,000$355,000$2760.996186
40793 CaballeroCherry Valley199407/28/2026221,4414,356$355,000$355,000$2461.0017179
10177 RalphCherry Valley197906/30/2026321,2967,405$404,900$441,000$3401.094976
Total: 5 · Average2.22.01,278.25,053$356,000$356,000$278—70.2
Median1,286$355,000$355,000

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.