
40041 Dutton, Cherry Valley, CA 92223
40041 Dutton, Cherry Valley, CA 92223
Property Description
TWO HOMES. ONE LOT. INCOME-PRODUCING PROPERTY. Welcome to a rare Cherry Valley opportunity offering two detached residences on one spacious lot, perfect for multigenerational living, extended family, or buyers looking to create rental income at a 7% cap rate or higher. The main home offers approximately 1,781 sq. ft. with 3 bedrooms, 1 bathroom, a spacious living area, a large kitchen with breakfast bar, dedicated laundry room, and a circular driveway with plenty of parking. The main residence also enjoys its own spacious, fully fenced backyard, providing added privacy and plenty of room to relax, entertain, garden, or create your own outdoor retreat. The second residence is a legal unit, and each unit has its own electric and gas meters. Approximately 1,100 sq. ft., 1 bedroom and 1 bathroom, and was beautifully updated in 2024 with modern wood-look flooring, recessed lighting, mini-split climate control, and a stylish kitchen featuring green cabinetry, butcher-block-style countertops, open shelving, and stainless-steel appliances. And then there's the land. The expansive backyard is a blank canvas with room for RVs, boats, recreational toys, a future pool, workshop, garden, outdoor entertaining area, or additional possibilities subject to zoning and permits. Conveniently located near schools, parks, shopping, dining, medical services, and easy access to the I-10 Freeway, connecting you to Beaumont, Banning, the Inland Empire, and the Palm Springs area. Live in one. Rent the other. Bring the family. Bring the toys. Bring your vision. This is the kind of property that gives you options and opportunities like this don't come around often. WELCOME TO YOUR NEW HOME!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Cherry Valley · Single Family Residence
Listed 9.1% below the median closed sale of $715,000. Price per sqft ($226) is a 28% discount to closed comps ($315).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 39412 Cherry Valley Boulevard | Cherry Valley | 1956 | 4 | 2 | 2,010 | 24,829 | $363 | $729,000 | 68 | 82 |
| 40665 Dutton Street | Cherry Valley | 1967 | 3 | 2 | 1,700 | 19,602 | $371 | $630,480 | 47 | 77 |
| 1754 Boysen | Beaumont | 2020 | 4 | 3 | 2,797 | 8,494 | $243 | $679,900 | 45 | 76 |
| 40357 Dutton Street | Cherry Valley | 1980 | 3 | 2 | 1,779 | 9,148 | $325 | $579,000 | 17 | 75 |
| 1625 Bunnell | Beaumont | 2015 | 4 | 3 | 2,771 | 15,682 | $238 | $660,000 | 13 | 70 |
| Total: 5 · Average | 3.6 | 2.4 | 2,211.4 | 15,551 | $308 | $655,676 | 38 | |||
| Median | 2,010 | $660,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1446 Ellerg | Beaumont | 2019 | 09/04/2026 | 4 | 3 | 3,031 | 11,326 | $729,999 | $720,000 | $238 | 0.99 | 77 | 77 |
| 40462 Dutton Street | Beaumont | 1975 | 10/23/2026 | 5 | 3 | 3,887 | 39,204 | $799,000 | $717,000 | $184 | 0.90 | 66 | 75 |
| 1388 Melstone | Beaumont | 2020 | 07/29/2026 | 4 | 3 | 3,356 | 10,829 | $729,000 | $715,000 | $213 | 0.98 | 104 | 74 |
| 39441 Tokay | Cherry Valley | 1949 | 08/05/2026 | 3 | 2 | 1,018 | 21,780 | $550,000 | $567,000 | $557 | 1.03 | 174 | 72 |
| 10123 Live Oak | Cherry Valley | 1984 | 08/19/2026 | 3 | 2 | 1,758 | 27,878 | $650,000 | $675,000 | $384 | 1.04 | 54 | 72 |
| Total: 5 · Average | 3.8 | 2.6 | 2,610 | 22,203.4 | $678,800 | $678,800 | $315.2 | — | 95 | ||||
| Median | 3,031 | $715,000 | $715,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.