31661 Wagon Wheel Drive, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath

31661 Wagon Wheel Drive, Running Springs, California 92382 home-pic-0
ACTIVE$399,000
31661 Wagon Wheel Drive, Running Springs, California 92382
3Beds
2Baths
1,064Sqft
2,870Lot

Price Vs. Estimate

The estimated value ($156,935.36) is $242,064.64 (60%) lower than the list price ($399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unique A-Frame Design & Aesthetic: The property boasts a distinctive A-Frame 'treehouse' cabin design, blending rustic charm with modern touches and large windows that bring in mountain sunshine, creating a unique and appealing atmosphere.
Top Cons:
Significant Overpricing: The current listing price of $399,000 is substantially higher than the estimated property value of $156,935.36 (an estimation ratio of -60), indicating a potential market value discrepancy that could deter buyers.

Compared to the nearby listings

Price:$399.0K vs avg $359.0K (+$40,000)66%
Size:1,064 sqft vs avg 1,209 sqft36%
Price/sqft:$375 vs avg $28887%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this A-Frame cabin has undergone significant updates, bringing it to a 'good' condition. The description highlights 'modern touches' throughout, which is evident in the updated bathroom with a contemporary vanity and newer stacked washer/dryer. The flooring, primarily light wood laminate/engineered wood, appears new and well-maintained. While the kitchen features a newer stainless steel refrigerator and microwave, the white gas range is an older model, and the countertops appear to be wood-look laminate rather than a premium material. However, the overall aesthetic is clean, functional, and move-in ready, requiring no immediate major renovations. The property is well-maintained, and its major components appear functional, aligning with the criteria for a 'good' score.
Year Built
1965
Close
-
List price
$399K
Original List price
$409K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
IG25063216
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

This A-Frame treehouse cabin has all the rustic charm with modern touches. Sitting high up in the trees arriving at a convenient mud room to take off your snow boats before entering the cozy living room with fireplace. A rustic barn door separates the family room with the laundry and half bathroom. Bedroom one is directly off the family room entry area. The large front deck is perfect to take in the mountain air. The second main floor features an open living room with wood burning stove, dining and kitchen. This main floor showcases the beautiful A-Frame design and windows bringing in mountain sunshine. Modern touches adorn the house at every corner without losing the rustic cabin feel. A smaller deck with built in bench seating is located off the main floor living area. Bedroom two and a full bathroom make up this level. The third level has an A-Frame loft bedroom with a small office area with a view to the living room and trees. A storage-work shop area is located as you walk up to the house and a front yard terraced for a garden. Located across the street from the National Forest with hiking trails and just minutes to the local ski resort makes this an ideal vacation home or a full-time paradise in the trees.

Condition Rating
Good

Built in 1965, this A-Frame cabin has undergone significant updates, bringing it to a 'good' condition. The description highlights 'modern touches' throughout, which is evident in the updated bathroom with a contemporary vanity and newer stacked washer/dryer. The flooring, primarily light wood laminate/engineered wood, appears new and well-maintained. While the kitchen features a newer stainless steel refrigerator and microwave, the white gas range is an older model, and the countertops appear to be wood-look laminate rather than a premium material. However, the overall aesthetic is clean, functional, and move-in ready, requiring no immediate major renovations. The property is well-maintained, and its major components appear functional, aligning with the criteria for a 'good' score.
Pros & Cons

Pros

Unique A-Frame Design & Aesthetic: The property boasts a distinctive A-Frame 'treehouse' cabin design, blending rustic charm with modern touches and large windows that bring in mountain sunshine, creating a unique and appealing atmosphere.
Prime Location & Outdoor Access: Situated across the street from the National Forest with hiking trails and just minutes from a local ski resort, offering excellent access to outdoor activities and making it an ideal mountain retreat.
Functional Interior Layout: The interior features a convenient mudroom, a cozy living room with a fireplace, an open main floor with a wood-burning stove, and an A-Frame loft bedroom with a dedicated office area, enhancing livability and utility.
Enhanced Outdoor Living Spaces: Includes a large front deck perfect for enjoying the mountain air and a smaller deck with built-in bench seating off the main living area, providing ample opportunities for outdoor relaxation and entertainment.
Versatile Property Use: Marketed as an 'ideal vacation home or a full-time paradise in the trees,' appealing to a broad range of buyers seeking either a recreational getaway or a permanent mountain residence.

Cons

Significant Overpricing: The current listing price of $399,000 is substantially higher than the estimated property value of $156,935.36 (an estimation ratio of -60), indicating a potential market value discrepancy that could deter buyers.
Older Construction: Built in 1965, the property is an older home which, despite modern touches, may entail higher maintenance costs or lack the energy efficiencies and structural integrity of newer constructions.
Multi-level Accessibility: The 'treehouse' style with multiple levels and a walk-up to the house, including a storage-workshop area located as you approach, could present accessibility challenges for some buyers or those preferring single-level living.

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