40041 Dutton
Cherry Valley, CA 92223
Listing broker / agent: PROSPERITY REAL ESTATE & ASSOC · Faviola Nieves · 626-214-6696 · CRMLS
MLS # CV26185403 · Last checked Oct 19, 2026 08:53 UTC
About this property
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!
Property details
- MLS number
- CV26185403
- Status
- Active
- Type
- Residential Income
- Subtype
- Single Family Residence
- Lot size
- 0.61 acres
- County
- Riverside
- Year built
- 1915
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1915
- Year built source
- Public Records
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
Rooms & interior
- Heating
- Central
- Laundry
- Laundry Room
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Pool
- None
- Lot features
- Zero To One Unit Acre, Agricultural, Back Yard, Horse Property
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Septic Type Unknown
- Community features
- Foothills, Street Lights
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Beaumont Senior High (school website, opens in a new tab) Beaumont Unified · Beaumont | 9–12 | 1.1 mi |
| Starlight Elementary (school website, opens in a new tab) Beaumont Unified · Beaumont | K–5 | 1.3 mi |
| San Gorgonio Middle (school website, opens in a new tab) Beaumont Unified · Beaumont | 6–8 | 1.5 mi |
| Brookside Elementary (school website, opens in a new tab) Beaumont Unified · Beaumont | K–5 | 1.6 mi |
| Mountain View Middle (school website, opens in a new tab) Beaumont Unified · Beaumont | 6–8 | 1.7 mi |
| Anna Hause Elementary (school website, opens in a new tab) Beaumont Unified · Beaumont | K–5 | 2.5 mi |
| Glen View High (school website, opens in a new tab) Beaumont Unified · Beaumont | 9–12 | 2.7 mi |
| Sundance Elementary (school website, opens in a new tab) Beaumont Unified · Beaumont | K–5 | 2.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $650,000
- MLS-reported original asking price
- $650,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:48 | $650,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Cherry Valley
Active residential homes for sale in Cherry Valley, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
7 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 10:11 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗