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320 E Tiger Lily Drive, Big Bear City, California 92314, Big Bear City, 92314 - 1 bed, 1 bath

320 E Tiger Lily Drive, Big Bear City, California 92314 home-pic-0
ACTIVE$280,000
320 E Tiger Lily Drive, Big Bear City, California 92314
1Bed
1Bath
720Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($104,207.9) is $175,792.1 (62%) lower than the list price ($280,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Accessibility: Centrally located within walking distance to a community market and hiking trails, and just minutes from Big Bear Village, the lake, and ski resorts, enhancing its appeal for residents and vacationers.
Top Cons:
Significant Overpricing/Valuation Discrepancy: The listing price of $280,000 is considerably higher than the estimated property value of $104,207.9, suggesting a potential overvaluation that could deter buyers or require price adjustments.

Compared to the nearby listings

Price:$280.0K vs avg $415.0K ($-135,000)11%
Size:720 sqft vs avg 1,296 sqft11%
Price/sqft:$389 vs avg $35166%

More Insights

Built in 1956 (69 years old).
Condition: The property, built in 1956, presents as move-in ready with notable updates. The kitchen features modern white shaker-style cabinets, granite-look countertops, and black appliances, suggesting a renovation within the last 5-15 years. Interior flooring (wood-look laminate, tile, and carpet) appears clean and well-maintained. While the heating is thermostat-controlled, the cooling is a basic window A/C unit, and the bathroom condition is not visible in the provided images. However, the overall aesthetic and functional updates, particularly in the kitchen, elevate it beyond 'Fair' condition, indicating a well-maintained home with recent improvements, though not a full, high-end renovation.
Year Built
1956
Close
-
List price
$280K
Original List price
$280K
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
25516109
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)

About this home

PRICE TO SELL! " Come enjoy the mountains of Big Bear! Centrally located and within walking distance to the community market and hiking trail systems, this idyllic cabin is just 14 minutes from the village, 10 minutes from the lake or ski resorts, and 6 minutes from grocery stores. This property is one bedroom fitting three beds, tucked away in a peaceful neighborhood. This cabin comes loaded with amenities and includes a washer/dryer, refrigerator, coffee machine, microwave and all the cabin furniture. Upon entering, you will find a family room, kitchen and dining area. In addition, the cabin is flanked with T&G ceilings and a natural rock fireplace with an open layout and has thermostat controlled heating and window A/C. On the second floor, you will find a spacious bedroom that accommodates two beds, This cabin is fully fenced with a dual side gate for an RV or private boat and also includes an outdoor shed for a workshop or extra storage. There is ample space to build an ADU on the grounds if desired. This property in a 5,000 sqft lot, offering a versatile opportunity is as a primary residence, vacation home, or rental investment. FREE 1 YEAR HOME WARRANTY. AB38 property Inspection is in compliance by fire dept.

Condition Rating
Good
The property, built in 1956, presents as move-in ready with notable updates. The kitchen features modern white shaker-style cabinets, granite-look countertops, and black appliances, suggesting a renovation within the last 5-15 years. Interior flooring (wood-look laminate, tile, and carpet) appears clean and well-maintained. While the heating is thermostat-controlled, the cooling is a basic window A/C unit, and the bathroom condition is not visible in the provided images. However, the overall aesthetic and functional updates, particularly in the kitchen, elevate it beyond 'Fair' condition, indicating a well-maintained home with recent improvements, though not a full, high-end renovation.
Pros & Cons

Pros

Exceptional Location & Accessibility: Centrally located within walking distance to a community market and hiking trails, and just minutes from Big Bear Village, the lake, and ski resorts, enhancing its appeal for residents and vacationers.
Turnkey & Fully Furnished: The property comes fully furnished with essential appliances (washer/dryer, refrigerator, coffee machine, microwave), making it immediately ready for occupancy or rental without additional setup costs.
ADU Potential & Ample Parking: The 5,000 sqft lot offers significant potential for building an Accessory Dwelling Unit (ADU), providing future value-add or rental income. It also includes dual-side gate access for RV/boat parking.
Charming Mountain Cabin Aesthetics: Features like T&G ceilings, a natural rock fireplace, and an open layout contribute to a desirable rustic cabin ambiance, complemented by mountain views.
Versatile Use & Added Assurance: Ideal for a primary residence, vacation home, or rental investment, broadening its market. The inclusion of a 1-year home warranty and fire department compliance adds buyer confidence.

Cons

Significant Overpricing/Valuation Discrepancy: The listing price of $280,000 is considerably higher than the estimated property value of $104,207.9, suggesting a potential overvaluation that could deter buyers or require price adjustments.
Limited Bedroom Count: With only one designated bedroom, the property's appeal may be restricted for larger families or groups seeking more private sleeping arrangements, potentially impacting its rental income potential.
Dated Construction & Basic Cooling: Built in 1956, the property is older. While it has thermostat-controlled heating, the cooling system is limited to a window A/C unit, which may not be sufficient or as desirable as central air conditioning during warmer periods.

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