40587 High St Cherry Valley, CA 92223
Estimated payment $3,151/month
Highlights
- Golf Course Community
- 4.36 Acre Lot
- Corner Lot
- Brookside Elementary School Rated 9+
- Mountain View
- No HOA
About This Lot
Exceptional opportunity to acquire certified organic farmland with residential development potential in the highly desirable Cherry Valley community. This versatile parcel is zoned RA-1 (Residential Agricultural) — offering a rare blend of rural living, agricultural use, and future building possibilities.
For developers and custom home builders, the RA-1 zoning supports the construction of a primary single-family residence along with agricultural and accessory improvements (buyer to verify building guidelines, lot coverage, and any subdivision potential with Riverside County). The property’s usable terrain, open space, and peaceful surroundings create an ideal setting for a custom ranch estate, equestrian property, or private retreat designed to capture Cherry Valley’s scenic beauty.
Agricultural buyers will be especially drawn to the property’s certified organic farm designation — a valuable asset for those seeking to operate a boutique farm, expand an existing organic operation, or invest in sustainable land stewardship. The organic status supports specialty crops, farm-to-market production, and premium agricultural use in an area known for its farming heritage and fertile ground.
RA-1 zoning allows for a harmonious blend of residential living and agricultural functionality — making this property equally suited for those looking to build their dream home while maintaining active farmland, orchards, gardens, or small-scale livestock use (buyer to verify all uses).
Whether you’re a developer, investor, or organic agriculture enthusiast, this Cherry Valley parcel offers flexibility, certification value, and long-term upside in one of the Inland Empire’s most sought-after rural enclaves.
Listing Agent
COLDWELL BANKER KIVETT-TEETERS Brokerage Phone: 909-797-1151 License #02221828 Listed on: 09/20/2025
Property Details
Property Type
- Land
Lot Details
- 4.36 Acre Lot
- Security Fence
- Fence is in average condition
- Corner Lot
- Rectangular Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- Sprinkler System
- Density is 2-5 Units/Acre
- Value in Land
- Property is zoned RA 1
Property Views
- Mountain Views
Listing and Financial Details
- Assessor Parcel Number 402140016
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Horse Trails
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $3,777 | $292,256 | $292,256 | -- |
| 2023 | $3,777 | $280,908 | $280,908 | -- |
| 2022 | $3,719 | $275,400 | $275,400 | $0 |
| 2021 | $2,933 | $216,148 | $216,148 | $0 |
| 2020 | $2,902 | $213,932 | $213,932 | $0 |
| 2019 | $2,857 | $209,738 | $209,738 | $0 |
| 2018 | $2,845 | $205,626 | $205,626 | $0 |
| 2017 | $2,801 | $201,595 | $201,595 | $0 |
| 2016 | $2,727 | $197,643 | $197,643 | $0 |
| 2015 | $2,682 | $194,675 | $194,675 | $0 |
| 2014 | $2,684 | $190,862 | $190,862 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Price Changed | $544,999 | 0.0% | -- | |
| 01/05/2026 01/05/26 | Price Changed | $545,000 | -0.9% | -- | |
| 12/12/2025 12/12/25 | Price Changed | $550,000 | -8.3% | -- | |
| 11/19/2025 11/19/25 | Price Changed | $599,999 | -4.0% | -- | |
| 11/10/2025 11/10/25 | Price Changed | $625,000 | -3.8% | -- | |
| 10/10/2025 10/10/25 | Price Changed | $649,999 | -7.1% | -- | |
| 10/02/2025 10/02/25 | Price Changed | $699,999 | -2.8% | -- | |
| 09/20/2025 09/20/25 | For Sale | $720,000 | +166.8% | -- | |
| 05/18/2021 05/18/21 | Sold | $269,900 | 0.0% | -- | View Prior Sale |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- | |
| 12/08/2020 12/08/20 | For Sale | $269,900 | +42.1% | -- | |
| 01/31/2013 01/31/13 | Sold | $190,000 | -35.6% | -- | View Prior Sale |
| 12/14/2012 12/14/12 | Pending | -- | -- | -- | |
| 10/10/2011 10/10/11 | For Sale | $295,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $270,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Inland Empire | |
| Grant Deed | $190,000 | Chicago Title Ie | |
| Grant Deed | $490,000 | Commonwealth Land Title Co | |
| Grant Deed | $135,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $263,246 | Purchase Money Mortgage | |
| Previous Owner | $133,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $140,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25221371
APN: 402-140-016
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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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