298 Holmes Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$258,999
298 Holmes Lane, Sugarloaf, California 92386
2Beds
1Bath
600Sqft
3,800Lot
Price Vs. Estimate
The estimated value ($246,942.83) is $12,056.17 (4%) lower than the list price ($258,999). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Mountain Location & Lifestyle: Located in the peaceful Sugarloaf sector of Big Bear, offering a serene mountain escape with easy access to Big Bear Lake and outdoor activities like hiking, skiing, and stargazing.
Top Cons:
Limited Living Space: With only 600 square feet, the cabin offers very compact living quarters, which may not be suitable for larger families or those requiring more extensive personal space.
Compared to the nearby listings
Price:$259.0K vs avg $305.0K ($-46,001)33%
Size:600 sqft vs avg 899 sqft20%
Price/sqft:$432 vs avg $34780%
More Insights
Built in 1950 (75 years old).
Condition: The property, built in 1950, is 74 years old, suggesting that major systems and the overall structure are aged. However, the kitchen has been significantly updated with modern stainless steel appliances, granite countertops, contemporary cabinets, and new wood-look laminate flooring. Other interior areas also show updated flooring and paint. While these cosmetic updates make the home move-in ready and appealing, the lack of information or visible updates for the bathroom and major systems (electrical, plumbing, HVAC, roof) for a property of this age means potential buyers should anticipate future repairs or replacements for these components. The property is well-maintained for its age, but the underlying older infrastructure prevents a 'Good' rating.
Year Built
1950
Close
-
List price
$259K
Original List price
$310K
Price/Sqft
$432
HOA
-
Days on market
-
Sold On
-
MLS number
IG25035252
Home ConditionFair
Features
ViewNeighborhood
About this home
Charming 600-square-foot cabin for sale in the peaceful Sugarloaf sector of Big Bear, California. This cozy mountain retreat features 2 bedrooms and 1 bathroom, making it ideal as a cozy starter home Located on a corner lot, this property in its quiet surroundings for those seeking a serene escape from city life. The spacious 3,800-square-foot lot provides plenty of room for expansion, allowing you to create your dream mountain home or retreat. Enjoy crisp mornings on the porch and evenings by the fire while surrounded by the tranquility of nature. If you're looking for a peaceful home in the mountains, this cabin offers the lifestyle you've been longing for. Embrace mountain living with easy access to Big Bear Lake and nearby outdoor activities like hiking, skiing, and stargazing.
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•0.3mi
3/10
Big Bear Middle School
Public,•7-8•4.2mi
6/10
Big Bear High School
Public,•9-12•0.2mi
Condition Rating
Fair
The property, built in 1950, is 74 years old, suggesting that major systems and the overall structure are aged. However, the kitchen has been significantly updated with modern stainless steel appliances, granite countertops, contemporary cabinets, and new wood-look laminate flooring. Other interior areas also show updated flooring and paint. While these cosmetic updates make the home move-in ready and appealing, the lack of information or visible updates for the bathroom and major systems (electrical, plumbing, HVAC, roof) for a property of this age means potential buyers should anticipate future repairs or replacements for these components. The property is well-maintained for its age, but the underlying older infrastructure prevents a 'Good' rating.
Pros & Cons
Pros
Prime Mountain Location & Lifestyle: Located in the peaceful Sugarloaf sector of Big Bear, offering a serene mountain escape with easy access to Big Bear Lake and outdoor activities like hiking, skiing, and stargazing.
Expansion Potential: The spacious 3,800 sqft corner lot provides ample room for future expansion, allowing buyers to customize or enlarge the existing cabin into their dream mountain home or retreat.
Affordable Entry Point: Priced at $258,999, this cozy cabin represents an accessible opportunity for a starter home or a cost-effective mountain getaway in the desirable Big Bear area.
Charming & Cozy Appeal: Described as a 'charming' and 'cozy mountain retreat,' the property offers an inviting and intimate atmosphere ideal for those seeking a peaceful sanctuary.
Corner Lot Advantage: Being situated on a corner lot typically provides enhanced privacy, more natural light, and potentially better curb appeal compared to interior lots.
Cons
Limited Living Space: With only 600 square feet, the cabin offers very compact living quarters, which may not be suitable for larger families or those requiring more extensive personal space.
Property Age: Built in 1950, the property is 74 years old, suggesting potential for outdated systems, insulation, or a need for significant modernization and maintenance.
Price History Volatility: The listing has experienced multiple significant price adjustments (from $309,998 down to $248,999, then up to $258,999), which could indicate challenges in market valuation or prolonged time on market.