249 Cedar Lane, Sugarloaf, California 92314, Sugarloaf, 92314 - 3 bed, 2 bath
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Sugarloaf, California 92314
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $365,000—positioned well below the $403,968 Fair Market Value by 9%. This valuation gap offers $38,968 in Instant Equity for the buyer. Featuring a Remodeled Kitchen and an Excellent Condition Rating, this home provides a move-in-ready experience with a versatile loft and private balconies. Located in the Bear Valley Unified district, it is an ideal acquisition for Owner-Occupants or Vacation Rental Investors seeking a high-capacity, low-maintenance asset.
Property is new construction or fully renovated.
While built in 1961, the property features a recently remodeled kitchen with modern shaker cabinets, butcher block countertops, and updated bathrooms. The interior shows high-quality maintenance and contemporary finishes consistent with a renovation under 5 years old, making it move-in ready.
The home features a beautifully updated kitchen with a breakfast bar and remodeled bathrooms, offering a move-in-ready experience that blends modern convenience with mountain charm.
With three bedrooms plus a loft and private balconies, the layout provides ample space and flexibility for a full-time residence or a high-capacity vacation rental.
The property sits on a sunny, level lot with a fully fenced yard and three storage sheds, providing rare usable outdoor space and security in a mountain setting.
Originally built in 1961, the property may have underlying aged infrastructure or insulation standards typical of older mountain cabins despite recent aesthetic updates.
While the high school is conveniently close, the local middle and elementary schools have lower ratings (3 and 4 respectively), which may impact appeal for families with younger children.
Remodeled kitchen, Mountain Charm, and Great Location. This well-maintained 3-bedroom plus loft home sits on a sunny, level lot in a quiet Sugarloaf neighborhood. The open floor plan features a beautifully updated kitchen with breakfast bar, spacious dining area, and cozy living room with wood-burning stove. One bedroom and full bath are conveniently located downstairs, while upstairs offers two oversized bedrooms with private balconies, a versatile loft, and an updated full bath. The fully fenced and gated yard includes three storage sheds and plenty of outdoor space to enjoy. Whether you're looking for a full-time residence, vacation home, or investment property, this move-in-ready mountain retreat.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 4.4 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,320 | 1,080 |
| Lot Size | 5,000 | 3,750 |
| Price | $365.0K | $296.5K |
| Price per sq ft | $277 | $333 |
| Built year | 1961 | 1979 |
| HOA | $0 | $0 |
| Days on market | 41 | 62 |
Jun 11, 2026
$365,000
Initial Listing
May 29, 2019
$242,000
Public Record
Mar 14, 2017
$214,000
Public Record
Mar 6, 2007
$230,000
Public Record