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33020 Arrowbear, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 3 bath

33020 Arrowbear, Running Springs, California 92382 home-pic-0
ACTIVE$429,000
33020 Arrowbear, Running Springs, California 92382
3Beds
3Baths
1,300Sqft
4,227Lot

Price Vs. Estimate

The estimated value ($396,214.315) is $32,785.685 (7%) lower than the list price ($429,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Recreational Location: Situated in Arrowbear, 'a stone's throw away from ski slopes and walking trails,' offering direct access to mountain activities and outdoor recreation.
Top Cons:
Property Age: Built in 1976, the home is nearly 50 years old, suggesting potential for dated systems or finishes that may require future upgrades or maintenance.

Compared to the nearby listings

Price:$429.0K vs avg $359.0K (+$70,000)72%
Size:1,300 sqft vs avg 1,254 sqft52%
Price/sqft:$330 vs avg $28874%

More Insights

Built in 1976 (49 years old).
Condition: Built in 1976, this property has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern stainless steel appliances, updated cabinetry, and contemporary lighting. The main living areas boast modern wood-look flooring, and the loft bedroom has clean, newer-looking carpet. Exterior decks are freshly painted and well-maintained. While not a brand new build, the visible renovations are substantial and recent enough to elevate its condition beyond 'Fair', indicating a well-maintained home with no immediate renovation needs.
Year Built
1976
Close
-
List price
$429K
Original List price
$475K
Price/Sqft
$330
HOA
-
Days on market
-
Sold On
-
MLS number
IG25110714
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

Reduced, looking for an offer. Listing agent will pay for a Siler home protection plan. How can you go on!!! Hey there, mountain lovers! Don't miss out on this gem nestled in the heart of Arrowbear. Just a stone's throw away from the ski slopes and walking trails, this home is your ticket to endless adventures. It's currently part of a rental program, so it's not just a home, it's an investment. The open floor plan includes a kitchen, one bedroom, and a full bath on the main level, plus laundry hook-ups for your convenience. The loft bedroom and a primary bedroom on the lower-level offer plenty of space for relaxation. But that's not all! Step outside and you'll find a side yard perfect for soaking up the mountain air and enjoying the great outdoors. Ready for your new adventure? This beautiful home in Arrowbear is waiting for you!

Condition Rating
Good
Built in 1976, this property has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern stainless steel appliances, updated cabinetry, and contemporary lighting. The main living areas boast modern wood-look flooring, and the loft bedroom has clean, newer-looking carpet. Exterior decks are freshly painted and well-maintained. While not a brand new build, the visible renovations are substantial and recent enough to elevate its condition beyond 'Fair', indicating a well-maintained home with no immediate renovation needs.
Pros & Cons

Pros

Exceptional Recreational Location: Situated in Arrowbear, 'a stone's throw away from ski slopes and walking trails,' offering direct access to mountain activities and outdoor recreation.
Proven Income/Investment Property: Currently part of a rental program, presenting an immediate opportunity for rental income or a turn-key investment for a second home.
Attractive Price Adjustment & Buyer Incentive: Recently reduced from $475,000 to $429,000, coupled with the listing agent offering a Siler home protection plan, enhancing buyer value and appeal.
Versatile & Functional Layout: Features an open floor plan, 3 bedrooms (including a loft and primary on lower level), 3 bathrooms, and convenient main-level laundry hook-ups, maximizing living space.
Outdoor Enjoyment & Scenic Views: Includes a private side yard perfect for outdoor living and offers pleasant neighborhood and treed views, enhancing the mountain living experience.

Cons

Property Age: Built in 1976, the home is nearly 50 years old, suggesting potential for dated systems or finishes that may require future upgrades or maintenance.
Lack of Specified Modern Amenities: The description does not highlight recent major renovations or modern comforts like air conditioning, which could be a consideration for some buyers during warmer months.
Modest Lot Size: The 4,227 sqft lot, while providing outdoor space, is relatively compact, potentially limiting extensive landscaping or private outdoor activities for buyers seeking larger grounds.

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