Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

41505 Alder Drive

Forest Falls, CA, 92339

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$698,730

MLS: CV25091027

Beds

9

Baths

4

Sq Ft

4,760

Lot

1.79 ac

Year Built

1990

MLS #

CV25091027

Days on Market

235

Listed

Apr 24, 2025

Description

MAJOR PRICE REDUCTION!! Nestled in the San Bernardino Mountains at an elevation of about 5700 ft, is not just a property—it’s a lifestyle and a sanctuary. 4760 sf across three stories, this extraordinary 6 bedrooms, 3 flex rooms , 4-bathrooms estate offers a rare blend of versatility, seclusion, and natural splendor, making it an unrivaled opportunity for buyers seeking a multi-use retreat, family compound, or investment gem. Built in 1990, this 3-story residence is a masterpiece of thoughtful design. 8 parcels totaling 1.7 acres The MAIN FLOOR is the heart of the home, featuring a full kitchen equipped with a dishwasher and propane stove, a cozy fireplace with a stonewall backdrop, two bathrooms and a spacious meeting room perfect for gatherings, retreats, or creative pursuits. The LOWER LEVEL, offers a vast open space with 3 multi-purpose rooms for sleeping, recreation, or meditation. The TOP FLOOR dazzles with an open meeting area, 3 bedrooms, a bathroom, a secondary kitchen area with a propane stove, ensuring self-sufficiency for extended stays or multi-family living. With two kitchens and multiple conference spaces, this property is tailor-made for retreats, workshops, or communal living. One hr from Big Bear. SEE 3D VIDEO TOUR

Location

Forest Falls, San Bernardino County, CA 92339

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Listed by: Katherine Clark · PACIFIC REALTY CENTER

Payment estimate

$5,154

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,873 · Loan: $628,857

%
Principal & Interest
$3,864
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $24,456 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.

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

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