1362 Balsam Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 3 bath

1362 Balsam Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$995,000
1362 Balsam Drive, Big Bear Lake, California 92315
4Beds
3Baths
2,231Sqft
7,500Lot

Price Vs. Estimate

The estimated value ($979,909.27) is $15,090.73 (1%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Accessibility: Unbeatable proximity to ski slopes (5-min walk), golf course (5-min walk), and national forest/hiking trails (3-min walk), offering year-round recreational opportunities.
Top Cons:
Absence of Central Air Conditioning: While common in mountain climates, the lack of a dedicated cooling system could be a drawback for some buyers during warmer periods.

Compared to the nearby listings

Price:$995.0K vs avg $640.0K (+$355,050)79%
Size:2,231 sqft vs avg 1,738 sqft76%
Price/sqft:$446 vs avg $39670%

More Insights

Built in 2001 (24 years old).
Condition: Built in 2001, this property is exceptionally well-maintained and features high-quality materials throughout, including 3/4 inch thick Australian Cypress wood floors, Verde Marinace River Rock Granite countertops, and real slate floors in the kitchen and all bathrooms. The kitchen boasts stainless steel appliances and well-preserved wood cabinetry. Bathrooms are clean, functional, and consistent with the property's rustic cabin aesthetic. While not newly built or extensively renovated within the last 5 years, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear to be in excellent condition with minimal wear and tear, aligning with a 'Good' rating.
Year Built
2001
Close
-
List price
$995K
Original List price
$1.1M
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
IG25113934
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Deck
Spa
ViewMountain(s), Panoramic

About this home

Welcome to 1362 Balsam ~ This log sided cabin is the epitome of a mountain retreat ~ The ski slope views from here leave nothing to be desired ~ Set back just far enough to take in the grandeur of the mountain while still close enough to watch skiers and snowboarders launching themselves off the features like it's the X Games and hear people talk on the lift ~ When you’re ready to go hit the slopes yourself, you only have a 5 minute walk until you are sliding down the mountain! Besides the outstanding location, the pride of ownership and interior improvements make this one you will regret missing out on ~ As you enter on the bottom floor, you step right into the game room with a wet bar and a built in bookcase with a secret ~ This bookcase has a hidden door which gives you access to your expansive wine cellar ~ This floor also has the first of two master bedrooms ~ The main level is where you fall in love ~ From the vaulted T&G ceilings with log beams, floor to ceiling, wood burning, rock fireplace and 3/4 inch thick Australian Cypress wood floors to the open kitchen with Verde Marinace River Rock Granite countertops and backsplash and real slate floors ~ This floor also gives you your second master bedroom, 2 additional bedrooms (one with ski slope views), a guest bathroom and laundry room ~ The same Verde Marinace River Rock granite countertops can be found in all of the bathrooms and even the wet bar countertop ~ The same slate flooring is present at all the bathrooms, laundry room and the entry ~ Not only do you get amazing ski slope views and a 5 minutes’ walk to the slopes, the golf course is also just a 5 minute walk and just a 3 minute walk up the street you to the national forest and local trails for hiking or mountain biking~ Whether you are a winter sports person, summer outdoor adventurer, someone that only wants views or you are looking for a good short term vacation rental property, this checks all of the boxes!

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-62.4mi
2/10
Big Bear Elementary School
Public,K-62.7mi
3/10
Big Bear Middle School
Public,7-82.4mi
6/10
Big Bear High School
Public,9-122.6mi
Condition Rating
Good

Built in 2001, this property is exceptionally well-maintained and features high-quality materials throughout, including 3/4 inch thick Australian Cypress wood floors, Verde Marinace River Rock Granite countertops, and real slate floors in the kitchen and all bathrooms. The kitchen boasts stainless steel appliances and well-preserved wood cabinetry. Bathrooms are clean, functional, and consistent with the property's rustic cabin aesthetic. While not newly built or extensively renovated within the last 5 years, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear to be in excellent condition with minimal wear and tear, aligning with a 'Good' rating.
Pros & Cons

Pros

Exceptional Location & Accessibility: Unbeatable proximity to ski slopes (5-min walk), golf course (5-min walk), and national forest/hiking trails (3-min walk), offering year-round recreational opportunities.
Stunning Ski Slope Views: Direct and captivating views of the ski slopes, enhancing the mountain retreat experience and property appeal.
High-End Interior Finishes: Features luxurious materials such as vaulted T&G ceilings with log beams, a floor-to-ceiling rock fireplace, 3/4 inch Australian Cypress wood floors, Verde Marinace River Rock Granite countertops, and real slate floors throughout.
Unique Entertainment Amenities: Includes a dedicated game room with a wet bar and a hidden wine cellar, providing distinct spaces for leisure and hospitality.
Strong Short-Term Rental Potential: Explicitly marketed as checking 'all the boxes' for a good short-term vacation rental property, suggesting high income-generating capability.

Cons

Absence of Central Air Conditioning: While common in mountain climates, the lack of a dedicated cooling system could be a drawback for some buyers during warmer periods.
Lower-Rated Local Schools: The proximity to schools with lower ratings (2-4) might deter buyers looking for a primary residence with strong educational options for children.
Recent Price Reduction: A significant price drop from the original list price could suggest an initial overvaluation or a need to attract more buyer interest.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state