40433 Valley Of The Falls
Forest Falls, CA, 92339
$399,900
MLS: IG26169048
Beds
2
Baths
1
Sq Ft
1,315
Lot
0.42 ac
Year Built
1928
MLS #
IG26169048
Days on Market
23
Listed
Aug 4, 2026
Description
Mountain charm meets modern comfort in this beautifully updated Forest Falls home! Situated on one of the largest and most usable lots in the community, this sunny property offers exceptional off-street parking, including RV parking, an oversized detached one-car garage, and easy year-round access from the main plowed road. This home is part of the Big Pines Tract HOA, which includes water and trash service. This cozy home features 2 bedrooms, 1 beautifully remodeled bathroom with a custom tiled walk-in shower, a loft for additional sleeping or flex space, and a large primary bedroom with its own private entrance. The inviting living room is highlighted by a beautiful raised-hearth fireplace with a cobblestone surround, mantel, and brand-new fireplace insert. The galley kitchen opens to a separate dining area, while the entry bonus room provides additional flexible living space that's perfect for a home office, gym, playroom, or hobby room. A separate storage room and indoor laundry, installed within the last two years, add even more convenience. Recent upgrades include brand-new dual-pane windows, new flooring throughout, new forced-air heating, and a water heater replaced approximately three years ago. Outside, enjoy the front and side porches or entertain under the brand-new lean-to gazebo, perfect for barbecues and gatherings. Whether you're looking for a full-time residence, weekend retreat, or vacation getaway, this move-in-ready mountain home offers comfort, convenience, and one of the best lots in Forest Falls.
Location
Forest Falls, San Bernardino County, CA 92339
Open on Google Maps ↗Listed by: Holly Hastings · COLDWELL BANKER KIVETT-TEETERS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,324
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $39,990 · Loan: $359,910
Average 30-yr fixed rate 6.66% as of Aug 27, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,313
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
- HOA dues
- $145
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 27, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 5.98%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Forest Falls home with as little as 3.5% down using an FHA loan — roughly $13,997 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 92339 (Forest Falls)within ±10% of this home's price and size.
Local Market Stats
See Forest Falls, CA 92339 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.