195 Elgin Boulevard, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
195 Elgin Boulevard
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 195 Elgin Boulevard, Big Bear Lake, California 92315 reveals a Fairly Priced Property with a current list price of $675,000 aligned with the estimated $670,471 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 195 Elgin Boulevard Subject | $675,000* List Price | 3 | 2 | 1,636 | $410 | - |
A 39572 Gilner Drive Sold | $665,000 | 3 | 2 | 1,604 | $415 | 0.1 mi |
B 40283 Lakeview Drive Sold | $612,500 | 3 | 2 | 1,616 | $379 | 0.9 mi |
C 40341 Lakeview Drive Sold | $730,000 | 3 | 2 | 1,464 | $499 | 1.0 mi |
D 39241 Willow Landing Road Sold | $515,000 | 3 | 2 | 1,406 | $366 | 0.9 mi |
E 39197 Waterview Drive Sold | $659,900 | 3 | 2 | 1,700 | $388 | 0.6 mi |
F 39309 Peak Lane Active | $569,900 List Price | 4 | 3 | 1,601 | $356 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1952, the property has undergone significant recent updates, as evidenced by the modern kitchen with new cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. One bathroom is fully renovated with contemporary fixtures and tiling. The main living areas feature updated flooring (wood laminate/LVP), fresh paint, and recessed lighting. The presence of central air conditioning is a major system upgrade. While the second bathroom has an older, rustic style, it appears clean and functional, not requiring immediate renovation. The overall condition is move-in ready and well-maintained, aligning with the 'Good' category's criteria for extensive renovations within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7800, living area = 1636.
- Turnkey & Fully Furnished
The property is fully furnished and ready for immediate move-in, offering exceptional convenience for buyers or immediate rental income generation.
- Recent Updates & Modern Amenities
Features recent beautiful upgrades and central air conditioning, ensuring comfort and reducing immediate renovation needs for the new owner.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1952, the home's age, despite recent updates, may raise questions about the condition of original systems (e.g., plumbing, electrical, foundation) not specified as upgraded.
- Partial Lake Views
Offers 'peek-a-boo views' of the lake, which, while present, are not expansive or direct, potentially falling short of expectations for a property located near the lakefront.
- Gravel Parking
The parking area consists of gravel, which, while accommodating 3-4 vehicles, may require more maintenance or be less preferred than paved surfaces, especially in winter conditions.
About 195 Elgin Boulevard
Are you ready to make your mountain dreams a reality? This charming 3-bedroom, 2-bath home is fully furnished and ready for immediate move-in! Recently updated, it features beautiful upgrades that make it perfect for relaxing in the mountain air. The spacious lot features a gently sloping backyard, ideal for kids and winter activities. You can enjoy central air conditioning to stay cool in the summer. Located just across the street from beautiful lakefront homes, this property is situated in the peaceful Gilner Point neighborhood. With peek-a-boo views, the home offers gravel parking for 3-4 vehicles and has great potential for rental income. Whether you're looking for a full-time residence, a retreat, or an investment, this property is an opportunity you won't want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 7,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Big Bear Elementary School
Grades K-6 • 1.7 mi
Big Bear Middle School
Grades 7-8 • 2.1 mi
Big Bear High School
Grades 9-12 • 6.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,636 | 1,716 | 48% |
| Lot Size | 7,800 | 8,167 | 45% |
| Price | $675.0K | $650.0K | 55% |
| Price per sq ft | $413 | $393 | 58% |
| Built year | 1952 | 1977 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 162 | 215 | 29% |
Pricing History
Listed for Sale
Sep 26, 2025
$675,000
Initial Listing