319 Arroyo Drive, Big Bear, California 92315, Big Bear, 92315 - 2 bed, 1 bath
ACTIVE$579,000
319 Arroyo Drive, Big Bear, California 92315
2Beds
1Bath
600Sqft
9,782Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9782, living area = 600.
Top Cons:
Compact Square Footage: With only 600 sqft, the property is quite small, which may limit its appeal to larger groups or those seeking more spacious accommodations.
Compared to the nearby listings
Price:$579.0K vs avg $637.5K ($-58,450)42%
Size:600 sqft vs avg 1,714 sqft0%
Price/sqft:$965 vs avg $396100%
More Insights
Built in 1947 (78 years old).
Condition: Despite being built in 1947, the property has undergone significant updates, particularly in the kitchen, which features new appliances, LED edge granite countertops, and knotty pine cabinetry. The overall aesthetic is a well-maintained, 'super cozy' rustic cabin, as evidenced by the images and its status as a highly profitable Airbnb. The bathroom is clean and functional, fitting the cabin style, though not ultra-modern. The property is move-in ready and does not require immediate renovations, aligning with a 'good' condition score.
Year Built
1947
Close
-
List price
$579K
Original List price
$595K
Price/Sqft
$965
HOA
-
Days on market
-
Sold On
-
MLS number
24390081
Home ConditionGood
Features
Good View: Lake, Mountain(s), Peek-A-Boo
ViewLake, Mountain(s), Peek-A-Boo
About this home
One of California's most searched Airbnb's - BIG BEAR LAKE (Business Insider, July, 2020) This is a profitable turnkey investment casually located between the famous Big Bear Village and it's cornerstone Lake, with a peek-a-boo view of the lake. Great outdoors getaway cabin and perfect as a 4-season rental, a second home, or both! Super Cozy, this quaint cabin greets you with an open layout combined with rustic appeal. The kitchen features new appliances, led edge granite countertops and knotty pine cabinetry. Already a licensed rental, this cabin grossed 60k+ a year in 2023
Condition Rating
Good
Despite being built in 1947, the property has undergone significant updates, particularly in the kitchen, which features new appliances, LED edge granite countertops, and knotty pine cabinetry. The overall aesthetic is a well-maintained, 'super cozy' rustic cabin, as evidenced by the images and its status as a highly profitable Airbnb. The bathroom is clean and functional, fitting the cabin style, though not ultra-modern. The property is move-in ready and does not require immediate renovations, aligning with a 'good' condition score.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9782, living area = 600.
Exceptional Rental Performance & Reputation: Recognized as 'One of California's most searched Airbnb's' (Business Insider, July 2020), this licensed rental property grossed over $60,000 in 2023, making it a highly profitable turnkey investment.
Prime Big Bear Location: Strategically located between the famous Big Bear Village and the lake, offering convenient access to key attractions and a desirable 'peek-a-boo' lake view.
Updated Kitchen: The kitchen has been recently updated with new appliances, LED edge granite countertops, and knotty pine cabinetry, enhancing its modern appeal and functionality.
Charming Rustic Aesthetic: The cabin boasts a 'Super Cozy' and quaint atmosphere with an open layout and rustic appeal, perfectly aligning with the desired mountain getaway experience.
Versatile Property Use: Ideal for multiple purposes, serving as a perfect 4-season rental, a personal second home, or a combination of both, maximizing its investment potential.
Cons
Compact Square Footage: With only 600 sqft, the property is quite small, which may limit its appeal to larger groups or those seeking more spacious accommodations.
Age of Construction: Built in 1947, the property is older, which could imply potential for aging infrastructure, higher maintenance requirements, or a need for future updates beyond the kitchen.
Limited Bathroom Facilities: The property features only one bathroom for two bedrooms, which might be inconvenient for multiple guests or families staying at the cabin.