Substantial price drop! This unique Cherry Valley ranch is 7.29-acres with flat usable land for horses, pets, RVs and so much more. Two homes on a single large parcel with a gated entry from Cherry Valley Boulevard for privacy and security. The main house is 2,405 square feet per assessor’s records and has 3 bedrooms and 3 baths downstairs and two additional bedrooms with half-bath upstairs. The main house features updated central heat and air, hardwood floors, rock fireplace in living room, separate dining room with double doors, nook off the kitchen, family room with wet bar, and large game room with vaulted ceilings and freestanding wood stove. The rear guest house is a manufactured home, approximately 1,200 SF, with 3 bedrooms and 2 baths. The guest house is currently rented on a month-to-month basis at $1,600 per month – so please do not disturb tenants. The main house sits back from the street and atop a peaceful knoll with views overlooking the property and surrounding community. Private well for water, which was recently updated with new pump and related equipment. There is so much potential here to create your own private compound. Great opportunity to subdivide with minimum lot size of one acre (check with the Riverside County). Owner may carry with good downpayment.
Property Details
Price:
$999,000
MLS #:
EV24175621
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
263banningbeaumontcherryvalley
Listed Date:
Aug 23, 2024
Finished Sq Ft:
2,405
Lot Size:
317,552 sqft / 7.29 acres (approx)
Year Built:
1929
See this Listing
Schools
School District:
Beaumont
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Central
Laundry Features
Gas & Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Suburban
Parking Spots
2.00
Financial
Map
Community
- Address37492 Cherry Valley Boulevard Cherry Valley CA
- Neighborhood263 – Banning/Beaumont/Cherry Valley
- CityCherry Valley
- CountyRiverside
- Zip Code92223
Subdivisions in Cherry Valley
Market Summary
Current real estate data for Single Family in Cherry Valley as of Oct 24, 2025
25
Single Family Listed
156
Avg DOM
318
Avg $ / SqFt
$655,271
Avg List Price
Property Summary
- 37492 Cherry Valley Boulevard Cherry Valley CA is a Single Family for sale in Cherry Valley, CA, 92223. It is listed for $999,000 and features 5 beds, 4 baths, and has approximately 2,405 square feet of living space, and was originally constructed in 1929. The current price per square foot is $415. The average price per square foot for Single Family listings in Cherry Valley is $318. The average listing price for Single Family in Cherry Valley is $655,271.
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