39039 Bayview Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

39039 Bayview Lane, Big Bear Lake, California 92315 home-pic-0
ACTIVE$699,000
39039 Bayview Lane, Big Bear Lake, California 92315
3Beds
2Baths
1,381Sqft
5,200Lot

Price Vs. Estimate

The estimated value ($287,457.01) is $411,542.99 (58%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Income Potential: The property is a 'Successful Vacation Rental Managed by Destination Big Bear' and explicitly marketed as an 'Income Producing Getaway,' offering immediate revenue opportunities for a new owner.
Top Cons:
Significant Price Discrepancy: The listing price of $699,000 is substantially higher than the automated property estimation value of $287,457, indicating potential overpricing or a need for a detailed market analysis to justify the value.

Compared to the nearby listings

Price:$699.0K vs avg $640.0K (+$59,050)60%
Size:1,381 sqft vs avg 1,714 sqft37%
Price/sqft:$506 vs avg $39683%

More Insights

Built in 1955 (70 years old).
Condition: Despite the original build year of 1955, the property was 'rebuilt completely in 2015,' making its effective age 9 years. The kitchen features modern granite countertops and stainless steel appliances, including a gas range and microwave, with recessed lighting. Bathrooms are updated with contemporary tiling and fixtures. The overall condition is move-in ready with no immediate renovations required, aligning with a 'Good' score for a property extensively renovated within the last 5-15 years.
Year Built
1955
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
TR24184637
Home ConditionGood
Features
Good View: Hills, Lake, Mountain(s), Neighborhood, Trees/Woods, Water
Deck
ViewHills, Lake, Mountain(s), Neighborhood, Trees/Woods, Water

About this home

"LAKEVIEW RETREAT CHALET" is the Name of this Successful Vacation Rental Managed by Destination Big Bear. Beautiful Views of Boulder Bay, National Forest and Upscale Neighboring Properties. Enjoy the Bright and Open Floor Plan in this Updated Property. Granite Countertops and Stain less Steel Appliances are ready to go for a New Owner or Landlord if you wish to continue the Income Flow. Cozy Fireplace in the Living Room with Vaulted Ceilings is the Perfect Place to watch the Snow Fall. Or Step onto the Spacious Entertainment/ Viewing Deck to Soak up the Sun and Enjoy a Barbeque while Making Memories with Friends and Family. Close by you can Kayak, Fish, Enjoy Breakfast at the Local Restaurant, Hike or Bike the Forest Trails. Only minutes away are World Class Ski Resorts, Wonderful Restaurants and Exciting Night Life. Village Area is Nearby for all your Shopping Needs. Home was rebuilt Completely in 2015. Furnishings Included. PLAN NOW to enjoy Owning Your Own Income Producing Getaway. Holidays and Winter Fun are Coming Very Soon!

Condition Rating
Good

Despite the original build year of 1955, the property was 'rebuilt completely in 2015,' making its effective age 9 years. The kitchen features modern granite countertops and stainless steel appliances, including a gas range and microwave, with recessed lighting. Bathrooms are updated with contemporary tiling and fixtures. The overall condition is move-in ready with no immediate renovations required, aligning with a 'Good' score for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Proven Income Potential: The property is a 'Successful Vacation Rental Managed by Destination Big Bear' and explicitly marketed as an 'Income Producing Getaway,' offering immediate revenue opportunities for a new owner.
Exceptional Lake and Mountain Views: Features 'Beautiful Views of Boulder Bay, National Forest and Upscale Neighboring Properties,' enhancing desirability and rental appeal, complemented by a spacious entertainment/viewing deck.
Extensive Modern Renovation: The home was 'rebuilt Completely in 2015,' featuring modern updates such as 'Granite Countertops and Stainless Steel Appliances,' a 'Bright and Open Floor Plan,' and 'Vaulted Ceilings,' providing a contemporary living space.
Prime Recreational Location: Situated 'minutes away' from world-class ski resorts, hiking/biking trails, kayaking, fishing, local restaurants, and the Village area, offering year-round activities and attractions.
Turnkey & Fully Furnished: With 'Furnishings Included,' the property is ready for immediate use as a personal getaway or continued vacation rental, minimizing additional setup costs for the buyer.

Cons

Significant Price Discrepancy: The listing price of $699,000 is substantially higher than the automated property estimation value of $287,457, indicating potential overpricing or a need for a detailed market analysis to justify the value.
Aggressive Pricing Relative to Square Footage: At 1381 sqft, the property's list price appears aggressive when compared to larger or similarly sized, newer comparable properties in the area that have recently sold for less.
Original Build Year Perception: Despite a complete rebuild in 2015, the original build year of 1955 might still raise questions for some buyers regarding the age of underlying infrastructure not explicitly mentioned as updated, or simply create a perception of an older property.

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