2187 5th Lane, Big Bear City, California 92314, Big Bear City, 92314 - 4 bed, 3 bath
ACTIVE$480,000
2187 5th Lane, Big Bear City, California 92314
4Beds
3Baths
1,780Sqft
5,332Lot
Price Vs. Estimate
The estimated value ($444,950.295) is $35,049.705 (7%) lower than the list price ($480,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Recreational Proximity: Located just minutes from Big Bear Lake and Snow Summit, offering unparalleled access to year-round outdoor activities and strong vacation rental potential.
Top Cons:
Property Age & Potential for Updates: Built in 1974, the home is 50 years old, which may necessitate significant updates to systems, insulation, or aesthetics to meet modern standards and buyer expectations.
Compared to the nearby listings
Price:$480.0K vs avg $420.0K (+$60,000)60%
Size:1,780 sqft vs avg 1,304 sqft79%
Price/sqft:$270 vs avg $35114%
More Insights
Built in 1974 (51 years old).
Condition: Built in 1974, this 50-year-old property shows signs of age. While the exterior appears freshly painted, the interior images reveal dated elements such as laminate flooring, an older ceiling fan, and basic light fixtures. The absence of kitchen and bathroom photos suggests these key areas are likely original or have older renovations (15-30 years ago), making them functional but outdated. The property is maintained but requires minor updates to meet current aesthetic and functional standards.
Year Built
1974
Close
-
List price
$480K
Original List price
$500K
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
SR25162789
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)
About this home
Check out this beautiful two-story 4-bedroom, 3-bathroom home in Big Bear City! Just minutes from Big Bear Lake and Snow Summit, this mountain retreat is perfect for anyone looking to escape the city and enjoy fresh mountain air. A must-see! not to mention this home has not one but two master bedrooms!
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•1.8mi
3/10
Big Bear Middle School
Public,•7-8•5.7mi
6/10
Big Bear High School
Public,•9-12•1.4mi
Condition Rating
Fair
Built in 1974, this 50-year-old property shows signs of age. While the exterior appears freshly painted, the interior images reveal dated elements such as laminate flooring, an older ceiling fan, and basic light fixtures. The absence of kitchen and bathroom photos suggests these key areas are likely original or have older renovations (15-30 years ago), making them functional but outdated. The property is maintained but requires minor updates to meet current aesthetic and functional standards.
Pros & Cons
Pros
Exceptional Recreational Proximity: Located just minutes from Big Bear Lake and Snow Summit, offering unparalleled access to year-round outdoor activities and strong vacation rental potential.
Flexible Dual Master Suites: Features two master bedrooms, providing versatile living arrangements for multi-generational families, guests, or enhanced rental appeal.
Desirable Mountain Retreat Ambiance: Marketed as a 'mountain retreat,' it caters to buyers seeking an escape from city life and a connection to nature, a highly sought-after lifestyle.
Recent Price Adjustment: A $20,000 price reduction from the original list price indicates seller motivation and potentially better value for prospective buyers.
Scenic Mountain Views: The property boasts explicit mountain views, a significant aesthetic advantage that enhances its appeal and aligns with the Big Bear lifestyle.
Cons
Property Age & Potential for Updates: Built in 1974, the home is 50 years old, which may necessitate significant updates to systems, insulation, or aesthetics to meet modern standards and buyer expectations.
Discrepancy with Estimated Value: The current list price of $480,000 is approximately 18% higher than the estimated property value of $406,041, which could impact perceived value and negotiation leverage.
Absence of Detailed Renovation Information: While described as 'beautiful,' the listing lacks specific details on recent major renovations or system upgrades, which could lead to buyer uncertainty regarding immediate capital expenditures.