40041 Dutton St Cherry Valley, CA 92223
Cherry Valley AreaEstimated payment $4,259/month
Highlights
- Horse Property
- 0.61 Acre Lot
- Agricultural
- Brookside Elementary School Rated 9+
- Laundry Room
- Foothills
About This Home
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 offers 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!
Listing Agent
PROSPERITY REAL ESTATE & ASSOC Brokerage Phone: 626-214-6696 License #01797680 Listed on: 08/26/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1915
Lot Details
- 26,572 Sq Ft Lot
- Back Yard
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,881 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Horse Property
- Exterior Lighting
Farming
- Agricultural
Utilities
- Central Heating
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block 2 / 5
- Tax Tract Number 56014
- Assessor Parcel Number 402030005
- $64 per year additional tax assessments
Community Details
Overview
- 2 Units
- Foothills
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,070 | $551,410 | $110,284 | $441,126 |
| 2025 | $5,362 | $540,599 | $108,122 | $432,477 |
| 2023 | $5,362 | $400,410 | $75,052 | $325,358 |
| 2022 | $5,279 | $392,560 | $73,581 | $318,979 |
| 2021 | $5,178 | $384,864 | $72,139 | $312,725 |
| 2020 | $5,126 | $380,919 | $71,400 | $309,519 |
| 2019 | $5,046 | $373,450 | $70,000 | $303,450 |
| 2018 | $966 | $66,877 | $13,660 | $53,217 |
| 2017 | $855 | $65,567 | $13,393 | $52,174 |
| 2016 | $831 | $64,282 | $13,131 | $51,151 |
| 2015 | $816 | $63,319 | $12,935 | $50,384 |
| 2014 | $814 | $62,081 | $12,683 | $49,398 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $650,000 | 0.0% | $226 / Sq Ft | |
| 12/15/2025 12/15/25 | Rented | $1,900 | -5.0% | -- | |
| 01/29/2025 01/29/25 | Under Contract | -- | -- | -- | |
| 01/16/2025 01/16/25 | Price Changed | $1,999 | -0.1% | $2 / Sq Ft | |
| 01/08/2025 01/08/25 | For Rent | $2,000 | 0.0% | -- | |
| 03/08/2024 03/08/24 | Sold | $530,000 | -3.6% | $237 / Sq Ft | View Prior Sale |
| 01/24/2024 01/24/24 | Pending | -- | -- | -- | |
| 01/16/2024 01/16/24 | Price Changed | $549,999 | -3.3% | $246 / Sq Ft | |
| 11/07/2023 11/07/23 | Price Changed | $569,000 | -1.9% | $254 / Sq Ft | |
| 10/10/2023 10/10/23 | For Sale | $579,999 | +55.3% | $259 / Sq Ft | |
| 07/30/2018 07/30/18 | Sold | $373,450 | -6.6% | $220 / Sq Ft | View Prior Sale |
| 06/20/2018 06/20/18 | Pending | -- | -- | -- | |
| 06/14/2018 06/14/18 | For Sale | $400,000 | -- | $235 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $530,000 | Ticor Title | |
| Grant Deed | $373,500 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | Orange Coast Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $503,500 | New Conventional | |
| Previous Owner | $397,500 | New Conventional | |
| Previous Owner | $283,450 | New Conventional | |
| Previous Owner | $197,400 | Commercial | |
| Previous Owner | $199,952 | Commercial | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $132,700 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26185403
APN: 402-030-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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