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2161 4th Lane, Big Bear City, California 92314, Big Bear City, 92314 - 1 bed, 1 bath

2161 4th Lane, Big Bear City, California 92314 home-pic-0
ACTIVE$282,000
2161 4th Lane, Big Bear City, California 92314
1Bed
1Bath
600Sqft
2,178Lot

Price Vs. Estimate

The estimated value ($129,273.95) is $152,726.05 (54%) lower than the list price ($282,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Income Potential: Proven successful as an Airbnb rental with a valid Short-Term Rental (STR) permit through April 2027, offering immediate revenue generation.
Top Cons:
Compact Living Space: With only 600 sqft, 1 bedroom, and 1 bathroom, the property offers limited living space and occupancy, which may not suit all buyers or rental groups.

Compared to the nearby listings

Price:$282.0K vs avg $415.0K ($-133,000)11%
Size:600 sqft vs avg 1,296 sqft4%
Price/sqft:$470 vs avg $35188%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this cabin is well-maintained and move-in ready, but the kitchen features dated wood cabinets, tiled countertops, and older white appliances. The heating system appears to rely on older wall heaters. While functional and clean, these major components show signs of being outdated and would require substantial updates to meet current aesthetic and efficiency standards, aligning with the 'Fair' condition criteria.
Year Built
1979
Close
-
List price
$282K
Original List price
$290K
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
TR25039063
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
ViewMountain(s), Trees/Woods

About this home

FULLY FURNISHED - All you need is your luggage! This charming cabin offers the perfect blend of comfort and convenience, ideal as both a cozy second home and a lucrative investment property. Proven successful as an Airbnb rental, this cabin has demonstrated its earning potential. Nestled in the peaceful Erwin Lake neighborhood, you'll enjoy the tranquility of the mountains while still being just 15 minutes from downtown Big Bear City, Snow Summit, and Big Bear Snow Play. Inside, you'll find a spacious living room with a sofa-sleeper, a bedroom with a queen-sized bed, and charming rustic furnishings. Cozy up by the wood-burning fireplace on chilly evenings. The cabin comes fully furnished, including all appliances, linens, and more, making it easy to move right in. Outside, a fully fenced-in yard provides a cozy outdoor space. Enjoy the deck with snow-capped mountain views, the side yard with a fire pit, and market lights for perfect summer or winter evenings. Explore nearby parks, hiking and biking trails, skiing trails, fishing spots, and camping areas. This cabin offers easy access to the beautiful Big Bear Lake, making it the perfect base for year-round adventures. Don't miss this incredible opportunity to own a piece of the Big Bear Lake lifestyle. Valid STR permit through 04/2027.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•1.7mi
3/10
Big Bear Middle School
Public,•7-8•5.7mi
6/10
Big Bear High School
Public,•9-12•1.3mi
Condition Rating
Fair
Built in 1979, this cabin is well-maintained and move-in ready, but the kitchen features dated wood cabinets, tiled countertops, and older white appliances. The heating system appears to rely on older wall heaters. While functional and clean, these major components show signs of being outdated and would require substantial updates to meet current aesthetic and efficiency standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Strong Income Potential: Proven successful as an Airbnb rental with a valid Short-Term Rental (STR) permit through April 2027, offering immediate revenue generation.
Turnkey & Fully Furnished: Sold completely furnished with all appliances and linens, making it ready for immediate use as a second home or rental without additional setup costs.
Prime Mountain Location: Situated in the peaceful Erwin Lake neighborhood with convenient access (15 minutes) to downtown Big Bear City, Snow Summit, Big Bear Snow Play, and Big Bear Lake for year-round activities.
Charming Outdoor Living: Features a fully fenced yard, a deck with snow-capped mountain views, and a fire pit area, enhancing the mountain living experience.
Cozy Rustic Appeal: Offers a charming cabin aesthetic with rustic furnishings and a wood-burning fireplace, creating an inviting and authentic mountain retreat atmosphere.

Cons

Compact Living Space: With only 600 sqft, 1 bedroom, and 1 bathroom, the property offers limited living space and occupancy, which may not suit all buyers or rental groups.
Significant Price Discrepancy: The listing price of $282,000 is substantially higher than the estimated property value of $129,273.95, potentially indicating an overvaluation or a niche market appeal not reflected in standard valuations.
STR Permit Expiration: While currently valid, the Short-Term Rental permit expires in April 2027, requiring renewal and potential compliance with future regulations, which could be a concern for long-term investors.

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