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101 W Rainbow Boulevard, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 2 bath

101 W Rainbow Boulevard, Big Bear City, California 92314 home-pic-0
ACTIVE$399,998
101 W Rainbow Boulevard, Big Bear City, California 92314
2Beds
2Baths
960Sqft
7,000Lot

Price Vs. Estimate

The estimated value ($361,545.815) is $38,452.185 (9%) lower than the list price ($399,998). This property may be overpriced.

Key pros and cons

Top Pros:
Unique Architectural Charm: The A-frame cabin design, featuring soaring vaulted ceilings, tongue-and-groove wood walls, and exposed beams, offers a distinctive and warm alpine aesthetic highly sought after in mountain retreats.
Top Cons:
Age of Property: Built in 1972, the property is over 50 years old, which may indicate older systems (e.g., plumbing, electrical, heating) that could require future maintenance or upgrades.

Compared to the nearby listings

Price:$400.0K vs avg $415.0K ($-15,002)45%
Size:960 sqft vs avg 1,296 sqft29%
Price/sqft:$417 vs avg $35178%

More Insights

Built in 1972 (53 years old).
Condition: The property was built in 1972, making it over 50 years old. While it is well-maintained and features updated wood-look laminate flooring throughout most areas, the kitchen cabinets appear to be older (likely 15-30 years old) and some appliances, such as the gas range and dishwasher, show signs of age. The bathrooms have a mix of updated elements (modern tiled shower) and older fixtures (pedestal sink, wood paneling). The overall condition is functional and clean, but the kitchen and some bathroom components are outdated and would benefit from minor updates to meet current aesthetic and functional standards.
Year Built
1972
Close
-
List price
$400K
Original List price
$425K
Price/Sqft
$417
HOA
-
Days on market
-
Sold On
-
MLS number
IG25114441
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Welcome to 101 W Rainbow Blvd – a beautifully crafted 2 bed, 2 bath A-frame cabin nestled on a generous 7,000 sq ft lot in Big Bear City. This mountain retreat showcases timeless alpine charm with soaring vaulted ceilings, tongue-and-groove wood walls, and exposed beams that create a warm and inviting atmosphere. Enjoy incredible views of Gold Mountain right from the property, offering the perfect backdrop for your mountain lifestyle. The open-concept living area is filled with natural light and cozy vibes, ideal for relaxing or entertaining. Step outside to a serene, private backyard setting – perfect for gatherings, BBQs, or peaceful mornings surrounded by nature. Whether you're seeking a weekend escape, a short-term rental opportunity, or a full-time residence, this home has it all. Just minutes from Big Bear Lake, ski slopes, hiking trails, and local dining. Don't miss your chance to own this true Big Bear gem with breathtaking mountain views!

Condition Rating
Fair
The property was built in 1972, making it over 50 years old. While it is well-maintained and features updated wood-look laminate flooring throughout most areas, the kitchen cabinets appear to be older (likely 15-30 years old) and some appliances, such as the gas range and dishwasher, show signs of age. The bathrooms have a mix of updated elements (modern tiled shower) and older fixtures (pedestal sink, wood paneling). The overall condition is functional and clean, but the kitchen and some bathroom components are outdated and would benefit from minor updates to meet current aesthetic and functional standards.
Pros & Cons

Pros

Unique Architectural Charm: The A-frame cabin design, featuring soaring vaulted ceilings, tongue-and-groove wood walls, and exposed beams, offers a distinctive and warm alpine aesthetic highly sought after in mountain retreats.
Prime Mountain Location: Strategically located in Big Bear City, the property is just minutes from Big Bear Lake, ski slopes, hiking trails, and local dining, providing excellent access to recreational activities and amenities.
Income Potential: Explicitly highlighted as a 'short-term rental opportunity,' this property offers significant potential for generating passive income, appealing to investors or those seeking a hybrid use.
Scenic Views & Outdoor Space: Enjoying 'incredible views of Gold Mountain' and situated on a generous 7,000 sq ft lot with a 'serene, private backyard setting,' it provides ample outdoor living and natural beauty.
Versatile Use: The property's suitability as a weekend escape, full-time residence, or short-term rental broadens its appeal to a diverse range of potential buyers.

Cons

Age of Property: Built in 1972, the property is over 50 years old, which may indicate older systems (e.g., plumbing, electrical, heating) that could require future maintenance or upgrades.
Limited Square Footage: With 960 sq ft, the home offers relatively compact living spaces, which might be a drawback for buyers seeking more expansive interiors or accommodating larger families.
Price Reduction History: The property has undergone multiple price reductions from its original list price of $424,998 to $399,998, which could suggest initial overpricing or a slower market response, potentially impacting perceived value.

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