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31771 Christmas Tree Lane, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 1 bath

31771 Christmas Tree Lane, Running Springs, California 92382 home-pic-0
ACTIVE$319,500
31771 Christmas Tree Lane, Running Springs, California 92382
2Beds
1Bath
780Sqft
4,100Lot

Price Vs. Estimate

The estimated value ($122,990.9) is $196,509.1 (61%) lower than the list price ($319,500). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey Condition & Recent Updates: The property has been recently renovated with a newer roof, fresh interior and exterior paint, and a sparkling newer bathroom, making it move-in ready.
Top Cons:
Significant Overvaluation: The current listing price of $319,500 is substantially higher than the estimated property value of $122,990.9, indicated by a -61% estimation ratio, suggesting a potential pricing discrepancy.

Compared to the nearby listings

Price:$319.5K vs avg $358.0K ($-38,500)39%
Size:780 sqft vs avg 1,209 sqft16%
Price/sqft:$410 vs avg $28892%

More Insights

Built in 1948 (77 years old).
Condition: Despite being built in 1948, the property has been extensively renovated 'a few years ago' as stated in the description, featuring a newer roof, fresh paint, and a 'sparkling newer bathroom'. The images confirm a virtually new condition, especially in the kitchen with modern blue shaker cabinets, white quartz countertops, subway tile backsplash, stainless steel appliances, and contemporary lighting. The flooring throughout is modern wood-look LVP, and the overall aesthetic is clean, bright, and updated, meeting current quality standards with no visible deferred maintenance.
Year Built
1948
Close
-
List price
$320K
Original List price
$335K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
PT25057916
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Neighborhood, Trees/Woods
Patio
ViewHills, Mountain(s), Neighborhood, Trees/Woods

About this home

PRICE IMPROVEMENT - Welcome to 31771 Christmas Tree Lane, your tranquil haven nestled in the charming community of Running Springs! This delightful 2BR, 1BA retreat offers a perfect blend of modern comfort and serene surroundings. Renovated with care a few years ago, this turnkey home features a newer roof, freshly painted interior and exterior, and a sparkling newer bathroom. From the moment you step inside, you'll be greeted by a sense of warmth and relaxation. Conveniently located near downtown Running Springs, you enjoy easy access to Running Springs Fine Foods, hardware store, library, bank, medial office, and a vibrant farmers market on Saturdays. With its ideal commuter location and close proximity to Lake Arrowhead, Big Bear, Santa's Village/Skypark, and scenic hiking trails, this property is perfect for those seeking both convenience and tranquility. Whether you're searching for your forever home or a lucrative rental opportunity, this property offers endless potential for enjoyment and income. Plus, enjoy the convenience of moving right in as this short-term property is being offered with furnishings included - contact agent for details. Explore the beauty of 31771 Christmas Tree Lane and schedule you viewing today. Don't miss out on this incredible opportunity to own a slice of paradise in Running Springs!

Condition Rating
Excellent
Despite being built in 1948, the property has been extensively renovated 'a few years ago' as stated in the description, featuring a newer roof, fresh paint, and a 'sparkling newer bathroom'. The images confirm a virtually new condition, especially in the kitchen with modern blue shaker cabinets, white quartz countertops, subway tile backsplash, stainless steel appliances, and contemporary lighting. The flooring throughout is modern wood-look LVP, and the overall aesthetic is clean, bright, and updated, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Turnkey Condition & Recent Updates: The property has been recently renovated with a newer roof, fresh interior and exterior paint, and a sparkling newer bathroom, making it move-in ready.
Excellent Recreational Access: Its location offers close proximity to popular mountain destinations like Lake Arrowhead, Big Bear, Santa's Village/Skypark, and scenic hiking trails.
Convenient Local Amenities: Situated near downtown Running Springs, residents have easy access to essential services, including a fine foods store, hardware, library, bank, medical office, and a vibrant farmers market.
Income & Versatile Use Potential: Marketed as a lucrative rental opportunity and suitable for a permanent residence, with the added benefit of being offered furnished.
Scenic Mountain Views: The property boasts desirable views of hills, mountains, and trees, contributing to its tranquil and appealing ambiance.

Cons

Significant Overvaluation: The current listing price of $319,500 is substantially higher than the estimated property value of $122,990.9, indicated by a -61% estimation ratio, suggesting a potential pricing discrepancy.
Compact Living Space: With only 780 square feet, the property offers limited living area, which may not appeal to buyers seeking more spacious accommodations.
Age of Property: Built in 1948, the home's older construction, despite recent renovations, may present long-term maintenance considerations or require further updates beyond cosmetic improvements.

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