100 W Sherwood Boulevard, Big Bear, California 92314, Big Bear, 92314 - 3 bed, 2 bath

100 W Sherwood Boulevard, Big Bear, California 92314 home-pic-0
ACTIVE$449,000
100 W Sherwood Boulevard, Big Bear, California 92314
3Beds
2Baths
1,188Sqft
6,650Lot

Price Vs. Estimate

The estimated value ($189,811.225) is $259,188.775 (57%) lower than the list price ($449,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Situated in Big Bear City, a popular mountain resort destination, offering convenient access to recreational activities and local amenities.
Top Cons:
Advanced Age: Built in 1948, the property is the oldest among the comparables, suggesting potential for outdated systems, infrastructure, and finishes that may require significant investment.

Compared to the nearby listings

Price:$449.0K vs avg $420.0K (+$29,000)56%
Size:1,188 sqft vs avg 1,296 sqft43%
Price/sqft:$378 vs avg $35160%

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this property shows its age but has received several cosmetic updates. The kitchen features dated knotty pine cabinets but has newer stainless steel appliances, a modern backsplash, and updated flooring. Bathrooms also appear updated with modern vanities, fixtures, and flooring. The overall condition is clean and well-maintained, but the age of the home and the partially updated kitchen prevent it from reaching a 'Good' score, as it still shows signs of being outdated in key areas despite functional improvements.
Year Built
1948
Close
-
List price
$449K
Original List price
$465K
Price/Sqft
$378
HOA
-
Days on market
-
Sold On
-
MLS number
219129298DA
Home ConditionFair
Features
Good View:
View-

About this home

Condition Rating
Fair

Built in 1948, this property shows its age but has received several cosmetic updates. The kitchen features dated knotty pine cabinets but has newer stainless steel appliances, a modern backsplash, and updated flooring. Bathrooms also appear updated with modern vanities, fixtures, and flooring. The overall condition is clean and well-maintained, but the age of the home and the partially updated kitchen prevent it from reaching a 'Good' score, as it still shows signs of being outdated in key areas despite functional improvements.
Pros & Cons

Pros

Desirable Location: Situated in Big Bear City, a popular mountain resort destination, offering convenient access to recreational activities and local amenities.
Functional Layout: The property features 3 bedrooms and 2 bathrooms, a practical and sought-after configuration suitable for families or as a vacation rental.
Generous Lot Size: With a 6,650 sqft lot, the property offers ample outdoor space, which is larger than several comparable properties in the immediate area.
Price Adjustment: The recent price reduction from $465,000 to $449,000 indicates a motivated seller and presents a more attractive entry point for potential buyers.
Classic Mountain Charm Potential: As a 1948 build, the property likely possesses original architectural elements that, if preserved or tastefully updated, can appeal to buyers seeking an authentic Big Bear cabin experience.

Cons

Advanced Age: Built in 1948, the property is the oldest among the comparables, suggesting potential for outdated systems, infrastructure, and finishes that may require significant investment.
Lack of Detailed Description: The absence of specific interior features, recent upgrades, or condition details in the listing makes it challenging to fully assess its current appeal and value proposition without a physical tour.
Significant Valuation Discrepancy: The automated property estimation is considerably lower than the current listing price, indicating a potential overvaluation that could deter buyers or lead to appraisal challenges.

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