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105 Olympic Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 5 bath

105 Olympic Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$1,380,000
105 Olympic Drive, Big Bear Lake, California 92315
5Beds
5Baths
3,200Sqft
42,240Lot

Price Vs. Estimate

The estimated value ($1,253,049.41) is $126,950.59 (9%) lower than the list price ($1,380,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Big Bear Location & Large Lot: Situated on nearly 1 acre in the heart of Big Bear Lake, offering tranquility and unmatched proximity to year-round recreational activities like boating, skiing, hiking, and biking.
Top Cons:
Age of Property (1973): Built in 1973, while updated, the underlying infrastructure may be older, potentially leading to future maintenance or upgrade considerations not explicitly addressed.

Compared to the nearby listings

Price:$1.38M vs avg $640.0K (+$740,050)92%
Size:3,200 sqft vs avg 1,738 sqft90%
Price/sqft:$431 vs avg $39665%

More Insights

Built in 1973 (52 years old).
Condition: Despite being built in 1973, this property has undergone extensive, high-quality renovations that make it move-in ready. The kitchen features custom wood cabinetry, stone countertops, and modern stainless steel appliances, indicating a significant update within the last 5-15 years. The description highlights a 'spa-like master bath with jetted tub,' further supporting recent upgrades. Flooring, lighting, and overall finishes throughout the home appear well-maintained and updated, consistent with a 'mountain estate' aesthetic. While some elements like the Tiffany-style pendants in the kitchen might not be considered cutting-edge modern, the overall condition is excellent, with no immediate renovations required.
Year Built
1973
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
IG25082493
Home ConditionGood
Features
Deck
Patio
ViewNeighborhood, Trees/Woods

About this home

Welcome to this exquisite mountain estate, beautifully positioned on nearly 1 acre of tranquil land in the heart of Big Bear Lake. Inside this home impresses with it's gourmet kitchen, featuring quartz counter tops, custom cabinetry, and a formal open dining area that's perfect for entertaining. The well designed open floor plan captures the essence of mountain living with vaulted log-beamed ceilings and a rock fireplace that invites relaxation and warmth. The family /entertainment room has it's own rock fireplace and custom built-in entertainment center. The luxurious master suite is a haven of comfort, with it's walk in closet and spa like master bath, complete with jetted tub for ultimate rejuvenation with separate deck access. Large bedrooms and bathrooms make this home great for family gatherings or a vacation rental. Every detail of this house reflects thoughtful design and timeless appeal. This property offers a life style like no other, with unmatched proximity to a variety of exciting activities. Spend your days boating, skiing down pristine slopes, hiking scenic trails, and biking through breathtaking landscapes. Blending privacy, elegance, and convenience, this estate provides an unparalleled opportunity to embrace both tranquility and adventure. Whether you're enjoying thrilling activities or indulging in peaceful relaxation, this extraordinary property is ready to be called home. __________________________________________________________

Nearby schools

2/10
Big Bear Elementary School
Public,•K-6•1.8mi
3/10
Big Bear Middle School
Public,•7-8•1.3mi
6/10
Big Bear High School
Public,•9-12•3.2mi
Condition Rating
Good
Despite being built in 1973, this property has undergone extensive, high-quality renovations that make it move-in ready. The kitchen features custom wood cabinetry, stone countertops, and modern stainless steel appliances, indicating a significant update within the last 5-15 years. The description highlights a 'spa-like master bath with jetted tub,' further supporting recent upgrades. Flooring, lighting, and overall finishes throughout the home appear well-maintained and updated, consistent with a 'mountain estate' aesthetic. While some elements like the Tiffany-style pendants in the kitchen might not be considered cutting-edge modern, the overall condition is excellent, with no immediate renovations required.
Pros & Cons

Pros

Prime Big Bear Location & Large Lot: Situated on nearly 1 acre in the heart of Big Bear Lake, offering tranquility and unmatched proximity to year-round recreational activities like boating, skiing, hiking, and biking.
High-End Gourmet Kitchen: Features a gourmet kitchen with quartz countertops, custom cabinetry, and a formal open dining area, ideal for entertaining.
Luxurious Master Suite: Boasts a luxurious master suite with a walk-in closet, spa-like master bath with a jetted tub, and private deck access, providing a true haven of comfort.
Authentic Mountain Design & Ambiance: Showcases thoughtful design with vaulted log-beamed ceilings and multiple rock fireplaces, creating a warm and inviting mountain living atmosphere.
Strong Vacation Rental Potential: With 5 beds and 5 baths, and large common areas, the property is well-suited for large family gatherings or as a lucrative vacation rental.

Cons

Age of Property (1973): Built in 1973, while updated, the underlying infrastructure may be older, potentially leading to future maintenance or upgrade considerations not explicitly addressed.
Limited Specific View Description: The listed views are 'Neighborhood, Trees/Woods,' which, while pleasant, do not specify highly sought-after lake or panoramic mountain views often commanding a premium in Big Bear.
Large Lot Maintenance: A nearly 1-acre lot in a mountain setting implies significant ongoing maintenance requirements, including landscaping and snow removal, which could be a consideration for buyers seeking a low-maintenance property.

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