195 Elgin Boulevard, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

195 Elgin Boulevard, Big Bear Lake, California 92315 home-pic-0
ACTIVE$675,000
195 Elgin Boulevard, Big Bear Lake, California 92315
3Beds
2Baths
1,636Sqft
7,800Lot

Price Vs. Estimate

The estimated value ($661,527.715) is $13,472.285 (1%) lower than the list price ($675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Situated in the peaceful Gilner Point neighborhood, directly across from lakefront homes, offering a prime Big Bear Lake setting.
Top Cons:
Limited Lake Views: The property offers only 'peek-a-boo views' of the lake, which may not meet expectations for buyers seeking expansive water vistas in a lakefront-adjacent area.

Compared to the nearby listings

Price:$675.0K vs avg $640.0K (+$35,050)55%
Size:1,636 sqft vs avg 1,714 sqft48%
Price/sqft:$413 vs avg $39658%

More Insights

Built in 1952 (73 years old).
Condition: The property, built in 1952, has undergone recent updates as stated in the description and evidenced by the images. The kitchen features modern light-colored beadboard cabinets, quartz-look countertops, a dark subway tile backsplash, and stainless steel appliances (gas range, microwave), giving it a contemporary and functional feel. Throughout the main living areas and some bedrooms, there's updated hardwood/laminate flooring and recessed lighting. The visible bathroom is clean and functional, though the pedestal sink and slate-look tile are more traditional than the kitchen's modern aesthetic. The presence of central air conditioning is a significant upgrade for a home of this age. While not a full, top-to-bottom renovation to 'excellent' standards, the property is clearly move-in ready with well-maintained systems and minimal wear, aligning with a 'Good' condition score.
Year Built
1952
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$413
HOA
-
Days on market
-
Sold On
-
MLS number
IG25224874
Home ConditionGood
Features
Deck
ViewNeighborhood, Trees/Woods

About this home

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!

Nearby schools

2/10
Big Bear Elementary School
Public,K-61.7mi
3/10
Big Bear Middle School
Public,7-82.1mi
6/10
Big Bear High School
Public,9-126.4mi
Condition Rating
Good

The property, built in 1952, has undergone recent updates as stated in the description and evidenced by the images. The kitchen features modern light-colored beadboard cabinets, quartz-look countertops, a dark subway tile backsplash, and stainless steel appliances (gas range, microwave), giving it a contemporary and functional feel. Throughout the main living areas and some bedrooms, there's updated hardwood/laminate flooring and recessed lighting. The visible bathroom is clean and functional, though the pedestal sink and slate-look tile are more traditional than the kitchen's modern aesthetic. The presence of central air conditioning is a significant upgrade for a home of this age. While not a full, top-to-bottom renovation to 'excellent' standards, the property is clearly move-in ready with well-maintained systems and minimal wear, aligning with a 'Good' condition score.
Pros & Cons

Pros

Desirable Location: Situated in the peaceful Gilner Point neighborhood, directly across from lakefront homes, offering a prime Big Bear Lake setting.
Turnkey & Furnished: Fully furnished and ready for immediate occupancy, providing significant convenience for buyers, especially for a vacation or rental property.
Modern Comforts: Recently updated with beautiful upgrades and equipped with central air conditioning, ensuring comfort in all seasons.
Strong Income Potential: Explicitly noted for its great potential for rental income, appealing to investors or those seeking a secondary revenue stream.
Generous & Functional Lot: Features a spacious, gently sloping backyard ideal for outdoor activities, enhancing family appeal and usability.

Cons

Limited Lake Views: The property offers only 'peek-a-boo views' of the lake, which may not meet expectations for buyers seeking expansive water vistas in a lakefront-adjacent area.
Property Age: Built in 1952, despite recent updates, the underlying age of the structure could imply potential for future maintenance or less modern infrastructure compared to newer constructions.
Above Estimated Value: The current listing price is approximately 5% higher than the property's estimated market value, potentially indicating it is priced at the higher end of the market.

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