RealKey
‪(213) 433-7766‬

2366 Spruce Dr., Arrowbear, California 92382, Arrowbear, 92382 - 2 bed, 1 bath

2366 Spruce Dr., Arrowbear, California 92382 home-pic-0
ACTIVE$333,500
2366 Spruce Dr., Arrowbear, California 92382
2Beds
1Bath
896Sqft
3,500Lot

Price Vs. Estimate

The estimated value ($333,500) is $0 (0%) lower than the list price ($333,500). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Asset: Fully furnished, turn-key property with a successful, transferable short-term rental (STR) permit, offering immediate income potential for the new owner.
Top Cons:
Compact Living Space: With only 896 sqft, 2 bedrooms, and 1 bathroom, the property offers limited living quarters, which may be a constraint for larger families or groups.

Compared to the nearby listings

Price:$333.5K vs avg $358.0K ($-24,500)43%
Size:896 sqft vs avg 1,209 sqft25%
Price/sqft:$372 vs avg $28885%

More Insights

Built in 1968 (57 years old).
Condition: The property, built in 1968, features an updated kitchen with stainless steel appliances and modern comforts like air conditioning and a solar system, as confirmed by the description and images. While the original structure is older, the key living areas, especially the kitchen, appear well-maintained and recently updated, making it move-in ready. The overall condition is clean and functional, suitable for its 'turn-key' short-term rental status, aligning with the 'Good' score criteria for properties with significant updates within the last 5-15 years.
Year Built
1968
Close
-
List price
$334K
Original List price
$375K
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
IG25074048
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Spa
ViewMountain(s)

About this home

Charming mountain retreat in Arrowbear! This 2-bedroom, 1-bath cabin offers level entry and parking for up to 3 cars. Ideally located within walking distance to the park and lake, and just a short drive to snow skiing and year-round outdoor adventures. Inside, you'll find a cozy living room with soaring ceilings, expansive windows, and a wood-burning stove. The main-level bedroom adds convenience, while the upstairs loft is perfect for relaxing or enjoying a game of pool. The fully furnished home is turn-key and currently a successful short-term rental—STR permit is transferable to the new owner! The updated kitchen features stainless steel appliances and a breakfast bar, and the upstairs bedroom includes a private deck—perfect for morning coffee or evening wine. Additional highlights include indoor laundry, air conditioning, a cost-effective solar system, a storage shed, and multiple outdoor entertaining spaces: a front hangout area with firepit, a back deck for BBQs, and a yard complete with a spa. Whether you're looking for a full-time residence, vacation getaway, or income-producing rental, this property is ready to enjoy!

Condition Rating
Good
The property, built in 1968, features an updated kitchen with stainless steel appliances and modern comforts like air conditioning and a solar system, as confirmed by the description and images. While the original structure is older, the key living areas, especially the kitchen, appear well-maintained and recently updated, making it move-in ready. The overall condition is clean and functional, suitable for its 'turn-key' short-term rental status, aligning with the 'Good' score criteria for properties with significant updates within the last 5-15 years.
Pros & Cons

Pros

Income-Generating Asset: Fully furnished, turn-key property with a successful, transferable short-term rental (STR) permit, offering immediate income potential for the new owner.
Desirable Mountain Location: Ideally situated within walking distance to a park and lake, and a short drive to snow skiing and year-round outdoor adventures, enhancing its appeal as a mountain retreat.
Enhanced Outdoor Living: Features multiple dedicated outdoor entertaining spaces, including a front hangout area with a firepit, a back deck for BBQs, and a yard complete with a spa.
Modern Comforts & Efficiency: Equipped with air conditioning and a cost-effective solar system, providing modern comfort and reduced utility expenses for an older home.
Charming & Updated Interior: Boasts a cozy living room with soaring ceilings and a wood-burning stove, an updated kitchen with stainless steel appliances, and a convenient main-level bedroom.

Cons

Compact Living Space: With only 896 sqft, 2 bedrooms, and 1 bathroom, the property offers limited living quarters, which may be a constraint for larger families or groups.
Age of Structure: Built in 1968, the underlying structure is over 50 years old, potentially leading to unforeseen maintenance or renovation needs despite recent updates.
Small Lot Size: The 3500 sqft lot is relatively modest for a mountain retreat, offering limited space for expansion or extensive outdoor development beyond existing amenities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state