1561 Malabar Way, Big Bear City, California 92314, Big Bear City, 92314 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$399,900
1561 Malabar Way, Big Bear City, California 92314
3Beds
2Baths
1,328Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($399,900) is $0 (0%) lower than the list price ($399,900). 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 = 7200, living area = 1328.
Top Cons:
Active Under Contract Status: The property is currently 'Active Under Contract,' which limits its availability for new offers and immediate buyer interest.
Compared to the nearby listings
Price:$399.9K vs avg $415.0K ($-15,100)45%
Size:1,328 sqft vs avg 1,304 sqft50%
Price/sqft:$301 vs avg $35124%
More Insights
Built in 1990 (35 years old).
Condition: Built in 1990, this property is well-maintained but shows its age through dated interior finishes. The kitchen features original-style white cabinets, white tile countertops, and older white appliances (aside from a newer stainless steel refrigerator). Bathrooms also present dated wood vanities, granite countertops, and basic fixtures. While functional and clean, the property requires cosmetic updates to the kitchen and bathrooms to align with current styles and buyer expectations. The extensive wood paneling and carpeting are consistent with its mountain home aesthetic but are not modern.
Year Built
1990
Close
-
List price
$400K
Original List price
$450K
Price/Sqft
$301
HOA
-
Days on market
-
Sold On
-
MLS number
IG25139067
Home ConditionFair
Features
Deck
ViewNeighborhood
About this home
Charming 3-bedroom mountain home. Nestled among towering trees on a spacious lot, this 3-bedroom, 2-bath mountain home offers a cozy, comfortable living space. Surrounded by nature, the home provides the perfect blend of serenity and convenience with plenty of room for all your outdoor toys, including RVs and boats, thanks to the large parking area. Inside, you'll find an inviting living room area with natural light filtering through the trees, creating a warm and peaceful ambiance throughout. Whether you are enjoying a summer BBQ on the back deck or relaxing in front of the beautiful brick fireplace after a day on the slopes, this home offers year-round enjoyment!
Condition Rating
Fair
Built in 1990, this property is well-maintained but shows its age through dated interior finishes. The kitchen features original-style white cabinets, white tile countertops, and older white appliances (aside from a newer stainless steel refrigerator). Bathrooms also present dated wood vanities, granite countertops, and basic fixtures. While functional and clean, the property requires cosmetic updates to the kitchen and bathrooms to align with current styles and buyer expectations. The extensive wood paneling and carpeting are consistent with its mountain home aesthetic but are not modern.
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 = 7200, living area = 1328.
Mountain Lifestyle Appeal: This charming 3-bedroom mountain home is nestled among towering trees, offering a cozy and comfortable living space with a beautiful brick fireplace, ideal for year-round enjoyment including summer BBQs and relaxing after skiing.
Generous Outdoor Space & Parking: The spacious lot provides ample room for outdoor toys, including RVs and boats, thanks to a large parking area, complemented by a back deck perfect for entertaining.
Inviting Ambiance: The living room is filled with natural light filtering through the trees, creating a warm and peaceful ambiance throughout the home.
Functional Layout: With 3 bedrooms and 2 bathrooms across 1328 sqft, the home offers a practical and comfortable layout suitable for a mountain retreat or full-time residence.
Established Location: Located in Big Bear City, the property offers a desirable blend of natural serenity and convenient access to local amenities and mountain activities.
Cons
Active Under Contract Status: The property is currently 'Active Under Contract,' which limits its availability for new offers and immediate buyer interest.
Significant Price Reduction History: The listing has undergone multiple price reductions from an original list price of $449,900 to the current $399,900, which might suggest initial overpricing or a longer market time.
Potential for Dated Interior/Systems: Built in 1990, the description does not mention any recent renovations or updates, implying that some interior finishes or systems may be original and could require future investment.