317 Spruce Lane 1005, Sugarloaf, California 92386, Sugarloaf, 92386 - 3 bed, 2 bath

317 Spruce Lane 1005, Sugarloaf, California 92386 home-pic-0
ACTIVE$389,900
317 Spruce Lane 1005, Sugarloaf, California 92386
3Beds
2Baths
702Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($351,418.78) is $38,481.22 (9%) lower than the list price ($389,900). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Renovation: The property boasts a completely remodeled interior with permits, including a new kitchen (cabinets, countertops, appliances), new stonework at the wood stove, new windows, and fresh paint inside and out, ensuring a modern and move-in ready condition.
Top Cons:
Limited Interior Space: At 702 sqft, the property offers relatively small living quarters, which may be a constraint for some buyers, especially if utilizing the potential 3rd bedroom.

Compared to the nearby listings

Price:$389.9K vs avg $305.0K (+$84,900)80%
Size:702 sqft vs avg 899 sqft31%
Price/sqft:$555 vs avg $34796%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this property has undergone a 'completely remodeled interior (with permits)' as stated in the description. The images confirm this, showcasing a brand-new, modern kitchen with stainless steel appliances, contemporary natural wood cabinets, quartz-like countertops, and a farmhouse sink. The bathrooms are also fully updated with stylish vanities, modern fixtures, and new tile flooring. New windows, fresh paint inside and out, and freshened decks further contribute to a virtually new condition. All visible components meet current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1967
Close
-
List price
$390K
Original List price
$420K
Price/Sqft
$555
HOA
-
Days on market
-
Sold On
-
MLS number
219131141PS
Home ConditionExcellent
Features
Good View:
Deck
View

About this home

Gorgeous chalet mountain cabin. Completely remodeled interior (with permits), new kitchen (cabinets, countertops, and appliances), new stonework at wood stove, new windows, the decks are completely freshened up and have a privacy diffuser wall built at rear deck, freshly painted inside and out. This house is a perfect getaway vacation home. Fenced, partially furnished, 1.5 car garage, and a large 1/2 bathroom with laundry. There is a huge 17' x 19' space above the 17' x 19' garage that can be converted to livable space or simply can just be used for storage.There are only 2 bedrooms on tax rolls but that can be changed to a 3 bedroom on assessor records by simply adding a closet at an approximate expense of $1,000 each (2 upstairs bedrooms).

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-60.6mi
3/10
Big Bear Middle School
Public,7-84.5mi
6/10
Big Bear High School
Public,9-120.1mi
Condition Rating
Excellent

Despite being built in 1967, this property has undergone a 'completely remodeled interior (with permits)' as stated in the description. The images confirm this, showcasing a brand-new, modern kitchen with stainless steel appliances, contemporary natural wood cabinets, quartz-like countertops, and a farmhouse sink. The bathrooms are also fully updated with stylish vanities, modern fixtures, and new tile flooring. New windows, fresh paint inside and out, and freshened decks further contribute to a virtually new condition. All visible components meet current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Comprehensive Renovation: The property boasts a completely remodeled interior with permits, including a new kitchen (cabinets, countertops, appliances), new stonework at the wood stove, new windows, and fresh paint inside and out, ensuring a modern and move-in ready condition.
Vacation Home Readiness: Positioned as a 'perfect getaway vacation home' and partially furnished, it appeals directly to the leisure market, offering immediate utility and convenience for buyers.
Significant Expansion Potential: Features a large 17' x 19' space above the garage that can be converted to livable space, and an easy, low-cost ($1,000) option to officially convert to a 3-bedroom property, adding future value and utility.
Enhanced Outdoor Living: The decks are completely freshened up and include a privacy diffuser wall at the rear, complemented by a fenced yard, providing appealing and private outdoor spaces.
Practical Amenities: Includes a 1.5-car garage for parking and storage, and a convenient large half-bathroom with laundry facilities, adding to the property's functionality.

Cons

Limited Interior Space: At 702 sqft, the property offers relatively small living quarters, which may be a constraint for some buyers, especially if utilizing the potential 3rd bedroom.
Recent Price Reductions: Multiple price drops from the original list price of $419,900 to the current $389,900 could signal initial overpricing or a slower market response, potentially impacting buyer perception of value.
Mixed School Performance: While a high school is nearby and rated 6, the elementary and middle schools have lower ratings (4 and 3 respectively) and the middle school is a considerable distance away, which might deter families prioritizing top-rated, close-proximity schools.

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