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154 Riverside Avenue, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 3 bath

154 Riverside Avenue, Sugarloaf, California 92386 home-pic-0
ACTIVE$499,000
154 Riverside Avenue, Sugarloaf, California 92386
2Beds
3Baths
1,232Sqft
9,000Lot

Price Vs. Estimate

The estimated value ($165,390.395) is $333,609.605 (66%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1232.
Top Cons:
Significant Overpricing: The listing price of $499,000 is substantially higher than the property's estimated value of $165,390 and recent comparable sales in the area, indicating a potential valuation mismatch that could hinder marketability.

Compared to the nearby listings

Price:$499.0K vs avg $305.0K (+$194,000)93%
Size:1,232 sqft vs avg 927 sqft69%
Price/sqft:$405 vs avg $34771%

More Insights

Built in 1984 (41 years old).
Condition: The property, built in 1984, is 40 years old. While the description notes 'newer carpet, HVAC, and roof,' indicating significant maintenance and updates to major systems, the kitchen and bathrooms appear dated in style. The kitchen features older light wood cabinets, laminate countertops, and functional but not modern black appliances. The bathrooms also show older style vanities, light fixtures, and tile flooring. The home is well-maintained and move-in ready, but the aesthetic elements of the kitchen and bathrooms, along with the overall age of the core structure, suggest it requires minor updates to meet current design preferences rather than extensive repairs.
Year Built
1984
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$405
HOA
-
Days on market
-
Sold On
-
MLS number
WS24173602
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Fantastic Opportunity for this One Owner Home Built by the Owner on Three Lots! Some of the Features you won't find in other homes are: Exterior Ceramic Siding on the top half of the house; Custom Exterior Security Screens on the accessible windows/sliders that Roll Down (helps you to be Comfortable that the House is Secure while you're away!); Custom Double Insulated Glass Door and Window in Primary Bedroom; Tandem Double Garage with Workshop Area, Car Wash Station, Half Bath and Huge Game/Recreation/Play/Family Room Upstairs of Garage (approx 650 square feet NOT included in square footage) with Opening Octagonal Windows and Slider for Ventilation (again, this room is above the garage - gotta be safe!). Additional Plusses: Finished Basement and Shed can be used for Workshops, More Storage or use your Imagination; Pull Down Ladder to Attic Storage; Newer Carpet. This Custom Built Home is Ready to Move Right In as it is Fully Furnished, the Carpet, HVAC and Roof on House are Newer and the House is So Cozy with Two Fireplaces, Four Decks, Tons of Storage and Literally ALL the Comforts of Home and More! Great Home to Live Full Time, Use as a Vacation Home and/or Rent it to Other Vacationers. It's Ready to Host the Next Family as it has taken Care of the Current Family for 40 Years. Make it YOURS Today!

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•0.2mi
3/10
Big Bear Middle School
Public,•7-8•3.9mi
6/10
Big Bear High School
Public,•9-12•0.6mi
Condition Rating
Fair
The property, built in 1984, is 40 years old. While the description notes 'newer carpet, HVAC, and roof,' indicating significant maintenance and updates to major systems, the kitchen and bathrooms appear dated in style. The kitchen features older light wood cabinets, laminate countertops, and functional but not modern black appliances. The bathrooms also show older style vanities, light fixtures, and tile flooring. The home is well-maintained and move-in ready, but the aesthetic elements of the kitchen and bathrooms, along with the overall age of the core structure, suggest it requires minor updates to meet current design preferences rather than extensive repairs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1232.
Extensive Auxiliary Space: The property boasts a tandem double garage with a workshop area, car wash station, half bath, and a huge 650 sq ft game/recreation room above the garage (not included in main square footage). Additionally, there's a finished basement and shed for workshops or storage, offering significant versatile space.
Enhanced Security & Durability: Features custom exterior roll-down security screens on accessible windows/sliders for peace of mind when away, complemented by durable ceramic siding on the top half of the house.
Recent Major Updates: Key components such as the HVAC system, roof, and carpet are newer, indicating significant capital expenditures have been addressed, reducing immediate maintenance concerns for a buyer.
Versatile Use & Turnkey Ready: The home is fully furnished and presented as 'ready to move right in,' making it highly attractive for full-time living, a vacation home, or a short-term rental investment.
Large & Private Lot: Built on three lots totaling 9000 sqft, providing a larger footprint and potentially more privacy or outdoor space compared to many properties in the area.

Cons

Significant Overpricing: The listing price of $499,000 is substantially higher than the property's estimated value of $165,390 and recent comparable sales in the area, indicating a potential valuation mismatch that could hinder marketability.
Age of Core Structure: Despite some newer updates, the home was built in 1984, making the core structure 40 years old. This could imply potential future maintenance or replacement needs for original systems (e.g., plumbing, electrical) not explicitly mentioned as updated.
Limited Bedrooms for Price Point: With only 2 bedrooms for a 1232 sqft home (excluding the large bonus room above the garage) at this price, it may appeal to a smaller buyer pool, especially when compared to 3-bedroom comparable properties that sold for similar or lower prices.

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