138 Leonard Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 3 bed, 2 bath

138 Leonard Lane, Sugarloaf, California 92386 home-pic-0
ACTIVE$319,999
138 Leonard Lane, Sugarloaf, California 92386
3Beds
2Baths
1,061Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($319,999) is $0 (0%) lower than the list price ($319,999). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Remodel: The cabin has been completely remodeled from top to bottom, including new flooring, bathrooms, paint, light fixtures, decks, railings, exterior paint, fascia boards, dual-pane windows, and new doors, offering a move-in ready condition.
Top Cons:
Significant Price Reduction: The property has seen a substantial price reduction from its original list price, which might raise questions about its initial valuation or market demand.

Compared to the nearby listings

Price:$320.0K vs avg $305.0K (+$14,999)56%
Size:1,061 sqft vs avg 927 sqft64%
Price/sqft:$302 vs avg $33540%

More Insights

Built in 1979 (46 years old).
Condition: Despite being built in 1979, the property has undergone a 'completely remodeled from top to bottom' renovation, as stated in the description. This includes new flooring, bathrooms, paint, light fixtures, decks, railings, exterior paint, dual-pane windows, and new doors. The images confirm modern and high-quality updates throughout, particularly in the kitchen with new cabinets, butcher block countertops, modern sink/faucet, and a stainless steel refrigerator (though the range is white, it appears new and clean). The bathroom features modern tiling and fixtures. All visible components appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
Year Built
1979
Close
-
List price
$320K
Original List price
$375K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2402254
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

This beautiful three-bedroom, two-bathroom cabin home has been completely remodeled from top to bottom, featuring new flooring, bathrooms, paint, light fixtures, front decks, railings, exterior paint with new fascia boards and dual-pane windows, as well as new front and back doors. Sold fully furnished (negotiable), it offers proximity to Big Bear Ski Resorts and the downtown village. Currently serving as both a second home and an Airbnb, its location near Sugarloaf community amenities, parks, fire department, and schools provides both mountain serenity and convenience.

Condition Rating
Excellent

Despite being built in 1979, the property has undergone a 'completely remodeled from top to bottom' renovation, as stated in the description. This includes new flooring, bathrooms, paint, light fixtures, decks, railings, exterior paint, dual-pane windows, and new doors. The images confirm modern and high-quality updates throughout, particularly in the kitchen with new cabinets, butcher block countertops, modern sink/faucet, and a stainless steel refrigerator (though the range is white, it appears new and clean). The bathroom features modern tiling and fixtures. All visible components appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
Pros & Cons

Pros

Extensive Remodel: The cabin has been completely remodeled from top to bottom, including new flooring, bathrooms, paint, light fixtures, decks, railings, exterior paint, fascia boards, dual-pane windows, and new doors, offering a move-in ready condition.
Turnkey & Furnished: Offered fully furnished (negotiable), making it an ideal turnkey solution for a second home or immediate rental property without additional setup costs.
Income Generating Potential: Currently operating as both a second home and an Airbnb, demonstrating proven income potential and flexibility for investors.
Prime Mountain Location: Strategically located with proximity to Big Bear Ski Resorts and the downtown village, appealing to vacationers and outdoor enthusiasts.
Community Amenities & Views: Situated near Sugarloaf community amenities, parks, fire department, and schools, offering convenience alongside mountain serenity and views.

Cons

Significant Price Reduction: The property has seen a substantial price reduction from its original list price, which might raise questions about its initial valuation or market demand.
Compact Lot Size: With a lot size of 2,500 sqft, outdoor space is limited, which may not appeal to buyers seeking larger yards or expansion potential in a mountain setting.
Age of Original Construction: Despite extensive remodeling, the home's original build year of 1979 means some underlying structural or system components may still be older, potentially requiring future attention.

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