32961 Squirrel, Arrowbear, California 92382, Arrowbear, 92382 - 2 bed, 1 bath

32961 Squirrel, Arrowbear, California 92382 home-pic-0
ACTIVE$299,999
32961 Squirrel, Arrowbear, California 92382
2Beds
1Bath
732Sqft
2,700Lot

Price Vs. Estimate

The estimated value ($251,388.07) is $48,610.93 (16%) lower than the list price ($299,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Vacation Destination Location: Nestled between Lake Arrowhead and Big Bear Lake, this property is ideally situated in one of Southern California's most visited vacation destinations, offering strong investment potential for rentals or personal use.
Top Cons:
Limited Living Space and Lot Size: The property offers a compact 732 sqft of living space with 2 bedrooms and 1 bath on a small 2700 sqft lot, which may be restrictive for some buyers or larger groups.

Compared to the nearby listings

Price:$300.0K vs avg $358.0K ($-58,001)33%
Size:732 sqft vs avg 1,209 sqft11%
Price/sqft:$410 vs avg $28892%

More Insights

Built in 1960 (65 years old).
Condition: Built in 1960, this property has received a 'recent refresh' as stated in the description, evident in the fresh paint, updated laminate flooring in the living area, and newer carpet in the bedroom. However, the kitchen features older white appliances, dated white cabinets, a dark laminate countertop, and older tile flooring, indicating it is functional but not modern. The absence of bathroom images prevents a full assessment, but typically, if a bathroom is a highlight, it would be pictured. Overall, the home is maintained and move-in ready, but many components show their age and would require updates to meet current aesthetic and functional standards, aligning with a 'fair' condition.
Year Built
1960
Close
-
List price
$300K
Original List price
$305K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
PW25231130
Home ConditionFair
Features
View-

About this home

Welcome to this charming mountain escape nestled just up the mountain side in-between Lake Arrowhead and Big Bear Lake. This turn key 2 bedroom one bath was just recently refreshed ready for a cozy winter. Come take a look at the wonderful neighborhood close to stores and easy to reach from the "City" This a great opportunity to invest in one of Southern California's most visited vacation destinations.

Condition Rating
Fair

Built in 1960, this property has received a 'recent refresh' as stated in the description, evident in the fresh paint, updated laminate flooring in the living area, and newer carpet in the bedroom. However, the kitchen features older white appliances, dated white cabinets, a dark laminate countertop, and older tile flooring, indicating it is functional but not modern. The absence of bathroom images prevents a full assessment, but typically, if a bathroom is a highlight, it would be pictured. Overall, the home is maintained and move-in ready, but many components show their age and would require updates to meet current aesthetic and functional standards, aligning with a 'fair' condition.
Pros & Cons

Pros

Prime Vacation Destination Location: Nestled between Lake Arrowhead and Big Bear Lake, this property is ideally situated in one of Southern California's most visited vacation destinations, offering strong investment potential for rentals or personal use.
Turn-Key and Recently Refreshed: Described as 'turn key' and 'recently refreshed,' the home is ready for immediate occupancy, minimizing initial renovation or preparation efforts for the new owner.
Accessible Mountain Retreat: The property is located in a 'wonderful neighborhood close to stores and easy to reach from the "City"', providing convenience and accessibility for a mountain getaway.
Affordable Entry Price Point: With a list price of $299,999, it offers a relatively accessible and attractive entry point into a popular Southern California mountain real estate market.
Recent Price Adjustment: A recent price reduction from $305,000 to $299,999 indicates potential seller motivation and could present a better value proposition for buyers.

Cons

Limited Living Space and Lot Size: The property offers a compact 732 sqft of living space with 2 bedrooms and 1 bath on a small 2700 sqft lot, which may be restrictive for some buyers or larger groups.
Absence of Scenic Views: Despite its mountain location, the property explicitly states 'view: None', which could be a significant drawback for buyers seeking panoramic or natural vistas.
Potential Overvaluation: The listing price of $299,999 is notably higher than the estimated property value of $260,157.935, suggesting it may be priced above current market expectations.

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