2548 Secret Drive, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath
ACTIVE$350,000
2548 Secret Drive, Running Springs, California 92382
3Beds
2Baths
725Sqft
4,800Lot
Price Vs. Estimate
The estimated value ($152,744.25) is $197,255.75 (56%) lower than the list price ($350,000). This property may be overpriced.
Key pros and cons
Top Pros:
Turnkey & Stylish Interior: The home is described as 'beautifully turnkey cozy cabin home' with 'stylish touches throughout' and 'Move-in ready,' suggesting minimal immediate investment for a buyer.
Top Cons:
Significant Overpricing: The listing price of $350,000 is substantially higher than the property's estimated value of $152,744.25, indicating a potential overvaluation of over 50%.
Compared to the nearby listings
Price:$350.0K vs avg $358.0K ($-8,000)48%
Size:725 sqft vs avg 1,209 sqft10%
Price/sqft:$483 vs avg $28898%
More Insights
Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has undergone significant and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, white quartz-like countertops, and subway tile backsplash, though the wooden cabinets appear older but well-maintained. Both bathrooms are updated with modern vanities, fixtures, lighting, and tiling. The living areas have updated flooring (wood-look laminate/LVP), modern light fixtures, and fresh paint. The property is described as 'turnkey' and 'move-in ready,' indicating that major systems are functional and well-maintained, aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years and requiring no immediate renovations.
Year Built
1928
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
IV25146929
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Trees/Woods
About this home
Welcome to this beautifully turnkey cozy cabin home in the heart of Running Springs. Situated on a spacious corner lot, this charming property is perfect as a retirement home, starter home, vacation getaway, or short-term rental — the choice is yours. Designed with comfort and function in mind, the home offers an inviting layout with stylish touches throughout. Move-in ready and full of warmth, it’s just a short walk to shops, restaurants, markets, the park, post office, and library. Plus, enjoy easy access to Big Bear, Lake Arrowhead, Arrowbear Lake, Lake Gregory, Snow Summit, and Snow Valley Mountain Resort! Note: Square footage and bed/bath count appear larger than assessor’s records show. County assessor reflects 1 bed/1 bath, but property walks as a 3 bed/1.75 bath.
Condition Rating
Good
Despite being built in 1928, the property has undergone significant and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, white quartz-like countertops, and subway tile backsplash, though the wooden cabinets appear older but well-maintained. Both bathrooms are updated with modern vanities, fixtures, lighting, and tiling. The living areas have updated flooring (wood-look laminate/LVP), modern light fixtures, and fresh paint. The property is described as 'turnkey' and 'move-in ready,' indicating that major systems are functional and well-maintained, aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years and requiring no immediate renovations.
Pros & Cons
Pros
Turnkey & Stylish Interior: The home is described as 'beautifully turnkey cozy cabin home' with 'stylish touches throughout' and 'Move-in ready,' suggesting minimal immediate investment for a buyer.
Versatile Investment Potential: Suitable for 'retirement home, starter home, vacation getaway, or short-term rental,' appealing to a broad range of buyers and offering income generation opportunities.
Excellent Walkability & Local Amenities: Just a short walk to shops, restaurants, markets, the park, post office, and library provides convenience and enhances lifestyle.
Proximity to Recreational Hubs: Offers easy access to Big Bear, Lake Arrowhead, Arrowbear Lake, Lake Gregory, Snow Summit, and Snow Valley Mountain Resort, making it ideal for outdoor enthusiasts.
Desirable Corner Lot with Views: Situated on a spacious corner lot with Mountain(s), Neighborhood, Trees/Woods views, enhancing privacy and aesthetic appeal.
Cons
Significant Overpricing: The listing price of $350,000 is substantially higher than the property's estimated value of $152,744.25, indicating a potential overvaluation of over 50%.
Discrepancy in Public Records: A major concern is the difference between the listed 3 beds/1.75 baths and the assessor's record of 1 bed/1 bath, which could lead to appraisal, financing, and legal complications.
Advanced Age of Structure: Built in 1928, the property is nearly a century old, which may imply potential for outdated systems, higher maintenance, and less energy efficiency compared to newer homes.