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investment Property with great Tenants in place! Welcome to this delightful three-bedroom, two-bath home nestled in the beautiful city of Cherry Valley. Situated on a spacious and flat lot spanning over 20,000 square feet, this property offers an excellent opportunity for many. Step inside this recently remodeled home, where you'll find a cozy and inviting atmosphere. Freshly painted walls create a bright and airy feel throughout, making you instantly feel at home. The living room provides ample space for relaxation and gatherings with loved ones and the cozy wood burning stove adds warmth on those cold winter nights. The kitchen, complete with a center island, is not only functional but also perfect for whipping up family meals and trying out new recipes. This charming residence boasts the convenience of an inside laundry room, making chores a breeze. Additionally, the property includes two structures—the main house and a seperate two-car garage, workshop and bonus room —ideal for parking your vehicles, storing belongings, or indulging in hobbies and projects or transforming into an ADU. (check with city for restrictions) The location of this home offers the best of both worlds. While you'll enjoy the tranquility of Cherry Valley, essential amenities are only a short drive away. Nearby hospitals, offices, and shopping centers cater to your everyday needs. For those seeking entertainment, casinos are within reach, adding a touch of excitement to your leisure time. Nature lovers will appreciate the close proximity to Oak Glen Apple Orchards, a perfect spot for enjoying the natural beauty and seasonal festivities. The outdoor space is a blank canvas brimming with potential. The yard is adorned with fruit trees and mature trees, providing shade and a sense of privacy. With a little creativity and care, this space can be transformed into your dream garden, a play area for children, or even a charming outdoor dining spot. Embrace the endless possibilities that this property offers, invest in a property with potential, this affordable gem in Cherry Valley is a perfect starting point.
Listing agent: Tessa Hagwood DRE #02028113 tessa@hagwoodhomes.com, Listing office: Century 21 Hometown Realty, San Luis Obispo Office
MLS data updated 10/30/2026, 11:44:06 AM PT
Source: CRMLS, MLS #: SC23228730
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 24, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$449,000Closed sale · Apr 24, 2024ZIP 92223 · Apr 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.