1037 W Rainbow Boulevard, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 1 bath
ACTIVE$374,000
1037 W Rainbow Boulevard, Big Bear City, California 92314
2Beds
1Bath
952Sqft
2,500Lot
Price Vs. Estimate
The estimated value ($374,000) is $0 (0%) lower than the list price ($374,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Recreational Location: Very centrally located to all Big Bear activities, including walking distance to Snow Play and close proximity (3-4 miles) to major ski resorts (Snow Summit, Big Bear Mountain), The Village, golf course, and zoo.
Top Cons:
Compact Interior Layout: With only 2 bedrooms and 1 bathroom across 952 sqft, the property offers limited living space, which may be restrictive for larger families or those desiring more spacious accommodations.
Compared to the nearby listings
Price:$374.0K vs avg $415.0K ($-41,000)39%
Size:952 sqft vs avg 1,296 sqft27%
Price/sqft:$393 vs avg $35169%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property has undergone significant 'recent upgrades' including a new electric panel, new insulation, and interior paint, which are crucial for a home of this age. The kitchen features updated white shaker-style cabinets, modern hardware, subway tile backsplash, and contemporary appliances, making it move-in ready. While the bathroom is clean and functional, it's not as extensively updated as the kitchen. The property benefits from new light fixtures in key areas and well-maintained carpets. The major system upgrades (electrical, insulation) and refreshed aesthetics place it firmly in the 'Good' category, indicating it's move-in ready with no immediate renovation required, despite its original build year.
Year Built
1972
Close
-
List price
$374K
Original List price
$435K
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
PW25024380
Home ConditionGood
Features
Good View: Courtyard, Mountain(s), Creek/Stream
Deck
Spa
ViewCourtyard, Mountain(s), Creek/Stream
About this home
Welcome to 1037 Rainbow! This beautiful 2 bedroom Gambrel home has everything you need for that true cabin feel, yet recent upgrades making it a comfortable getaway for your family! Open living area and kitchen for entertaining with friends & family by the fireplace! Both bedrooms upstairs, amazing backyard with fire pit, hot tub, and a total of 4 decks to relax under the trees! Recent upgrades include new jacuzzi, new electric panel, 220V electric car charger, new insulation, and interior paint. Very centrally located to all the activities Big Bear has to offer. Walking distance to Snow Play, and only 3 miles to Snow Summit and Big Bear Mountain Ski Resorts! 4 miles to The Village, Big Bear Golf Course, and The Zoo! The Rainbow House is a great place to call home, and has been a successful vacation rental! Don't pass up on this one!
Condition Rating
Good
Built in 1972, this property has undergone significant 'recent upgrades' including a new electric panel, new insulation, and interior paint, which are crucial for a home of this age. The kitchen features updated white shaker-style cabinets, modern hardware, subway tile backsplash, and contemporary appliances, making it move-in ready. While the bathroom is clean and functional, it's not as extensively updated as the kitchen. The property benefits from new light fixtures in key areas and well-maintained carpets. The major system upgrades (electrical, insulation) and refreshed aesthetics place it firmly in the 'Good' category, indicating it's move-in ready with no immediate renovation required, despite its original build year.
Pros & Cons
Pros
Prime Recreational Location: Very centrally located to all Big Bear activities, including walking distance to Snow Play and close proximity (3-4 miles) to major ski resorts (Snow Summit, Big Bear Mountain), The Village, golf course, and zoo.
Recent Significant Upgrades: The property benefits from recent improvements such as a new jacuzzi, new electric panel, 220V electric car charger, new insulation, and interior paint, enhancing comfort and reducing immediate maintenance needs.
Proven Vacation Rental Income Potential: Explicitly stated as a 'successful vacation rental,' this property offers a strong track record for generating income, appealing to investors or those seeking a part-time residence with revenue potential.
Excellent Outdoor Living Space: Features an amazing backyard with a fire pit, a new hot tub, and a total of four decks, providing ample opportunities for relaxation and entertaining amidst the natural surroundings.
Charming 'Cabin Feel' with Modern Amenities: This beautiful Gambrel home offers a true cabin aesthetic with an open living area and fireplace, complemented by recent modern updates for a comfortable and inviting atmosphere.
Cons
Compact Interior Layout: With only 2 bedrooms and 1 bathroom across 952 sqft, the property offers limited living space, which may be restrictive for larger families or those desiring more spacious accommodations.
Aging Infrastructure (Despite Upgrades): Built in 1972, the home's core structure is over 50 years old. While recent upgrades are beneficial, potential buyers may still face concerns regarding the longevity or efficiency of un-upgraded systems or components.
Small Lot Size: The 2500 sqft lot is relatively small, offering limited outdoor space beyond the existing decks and fire pit area, which could be a drawback for buyers seeking more expansive grounds or future expansion possibilities.