38598 Talbot Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath
ACTIVE$555,000
38598 Talbot Drive, Big Bear Lake, California 92315
2Beds
1Bath
814Sqft
8,300Lot
Price Vs. Estimate
The estimated value ($381,266.68) is $173,733.32 (31%) lower than the list price ($555,000). This property may be overpriced.
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 = 8300, living area = 814.
Top Cons:
Significant Overpricing Relative to Market Value: The current list price of $555,000 is substantially higher than the estimated property value of $381,266.68, indicating a potential overvaluation of 31%.
Compared to the nearby listings
Price:$555.0K vs avg $637.5K ($-82,450)37%
Size:814 sqft vs avg 1,714 sqft8%
Price/sqft:$682 vs avg $39697%
More Insights
Built in 1960 (65 years old).
Condition: Despite being built in 1960, the property has undergone a 'beautifully remodeled interior' as described, which is evident in the images. The kitchen features modern stainless steel appliances, granite countertops, and travertine floors, all in excellent condition. The bathroom also boasts travertine floors and shower walls, a glass enclosure, and updated fixtures, presenting a clean and contemporary look. The knotty pine walls and wood flooring throughout are well-maintained and contribute to a charming cabin aesthetic. While not a brand-new construction, the extensive and high-quality renovations in key areas like the kitchen and bathroom, along with overall good condition, make it move-in ready with no immediate renovations required, aligning with a 'Good' score.
Year Built
1960
Close
-
List price
$555K
Original List price
$595K
Price/Sqft
$682
HOA
-
Days on market
-
Sold On
-
MLS number
PW25045642
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Trees/Woods
About this home
Upgraded classic cabin located near Boulder Bay in a well treed, quiet neighborhood surrounded by lakefront properties and larger homes. Enjoy privacy and seclusion from the spacious wraparound deck with a peek-a-boo views of the lake. Beautifully remodeled interior with granite countertops, travertine kitchen and bath floors and stainless appliances. Knotty pine walls throughout with wood flooring in the living room and a beautiful brick fireplace. Situated on a large lot with plenty of parking, new large concrete driveway and room to expand. Just a short stroll to the lake, Castle Rock Trail or 1.2 miles from Pleasure Point Marina. Great full time or part time retreat w/ short term rental potential.
Condition Rating
Good
Despite being built in 1960, the property has undergone a 'beautifully remodeled interior' as described, which is evident in the images. The kitchen features modern stainless steel appliances, granite countertops, and travertine floors, all in excellent condition. The bathroom also boasts travertine floors and shower walls, a glass enclosure, and updated fixtures, presenting a clean and contemporary look. The knotty pine walls and wood flooring throughout are well-maintained and contribute to a charming cabin aesthetic. While not a brand-new construction, the extensive and high-quality renovations in key areas like the kitchen and bathroom, along with overall good condition, make it move-in ready with no immediate renovations required, aligning with a 'Good' 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 = 8300, living area = 814.
Remodeled Interior: The cabin features a beautifully remodeled interior with high-end finishes including granite countertops, travertine kitchen and bath floors, and stainless steel appliances, offering modern comfort within a classic design.
Prime Location & Accessibility: Situated near Boulder Bay in a quiet, well-treed neighborhood, the property offers easy access with a short stroll to the lake and Castle Rock Trail, and is just 1.2 miles from Pleasure Point Marina.
Short-Term Rental Potential: Explicitly noted for its short-term rental potential, this property presents a strong opportunity for income generation as a vacation retreat.
Large Lot with Expansion & Parking: The generous 8300 sqft lot provides ample space, including plenty of parking with a new concrete driveway, and offers room for future expansion.
Classic Cabin Charm & Outdoor Living: Retaining its classic cabin charm with knotty pine walls, wood flooring, and a brick fireplace, complemented by a spacious wraparound deck for privacy and outdoor enjoyment.
Cons
Significant Overpricing Relative to Market Value: The current list price of $555,000 is substantially higher than the estimated property value of $381,266.68, indicating a potential overvaluation of 31%.
Limited Interior Space & Single Bathroom: With 814 sqft and only one bathroom for two bedrooms, the property offers limited interior living space and bathroom facilities, which may not suit all buyer needs or larger rental groups.
Partial Lake View: While offering a 'peek-a-boo' view of the lake, it is not a full or unobstructed lake view, which might be a consideration for buyers prioritizing direct lake frontage or expansive water views.