39226 N Shore Drive, Fawnskin, California 92333, Fawnskin, 92333 - 3 bed, 4 bath

39226 N Shore Drive, Fawnskin, California 92333 home-pic-0

39226 N Shore Drive

Fawnskin, California 92333

ACTIVE
CONDITION: GOOD
3Beds
4Baths
2,433Sq Ft
4,000Lot Size

Property Price

LIST PRICE$975,000

SUMMARY

Analysis of 39226 N Shore Drive, Fawnskin, California 92333 is currently available with a list price of $975,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fawnskin Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1980, features a residential kitchen recently remodeled in 2019 (5 years ago) with modern stainless steel appliances and granite countertops, aligning with 'Good' renovation criteria. One residential bathroom is gorgeously updated with modern fixtures and tiling, while the second is clean and functional but more dated. The residential living areas have updated laminate flooring and fresh paint. The attached commercial cafe boasts a meticulously kept, fully equipped kitchen with top-of-the-line commercial equipment. Overall, the property is move-in ready with significant recent updates to key areas, but the age of the original structure and some less-modern components prevent an 'Excellent' rating for the entire property.

PROSSTRENGTHS & OPPORTUNITIES

  • Unique Mixed-Use Opportunity

    This property offers a rare live-work setup, combining a successful, established commercial cafe with a move-in ready residential home, appealing to owner-investors seeking both lifestyle and income.

  • Established Business with Proven Track Record

    The North Shore Cafe has been a successful mainstay restaurant for three decades, providing immediate business potential and a strong foundation for continued operation or new concepts.

  • Fully Equipped Commercial Kitchen

    The cafe boasts a meticulously kept, fully equipped kitchen with top-of-the-line appliances, including a 72" Royal double range, walk-in refrigerator, and ample prep/storage space, ready for immediate use.

CONSRISKS & DEFICIENCIES

  • Niche Market Appeal

    The property's mixed-use nature and requirement for cafe operation significantly narrows the potential buyer demographic to owner-operators or specific investors, potentially limiting market demand and resale liquidity.

  • Operational Responsibility

    The successful operation of the cafe is integral to the property's value proposition, requiring significant time, expertise, and ongoing management from the owner, which is a substantial commitment beyond typical residential ownership.

  • Limited Lot Size for Dual Use

    A 4000 sq ft lot accommodating both a commercial cafe (with seating for 70) and a 2433 sq ft residence may lead to constraints regarding parking, private outdoor space for the home, or future expansion possibilities.

About 39226 N Shore Drive

Incredible mixed use opportunity for an owner-investor! Live in a beautiful 1,200 sq foot home attached to a cafe in the up and coming North Shore of Big Bear Lake, California. The North Shore Cafe has been a successful mainstay restaurant for 3 decades. This is your opportunity to take over a wonderful local cafe or turn it into the restaurant/small business you've always dreamt of. For the price of one single family residence, you get a home, a fully equipped restaurant, and a proven track record. The 3 bedroom + 2 full bathroom attached home is move-in ready with the kitchen being recently remodeled in 2019. On the first floor you'll find an open family room with a cozy fireplace, a separate dining area followed by the remodeled kitchen, a gorgeous full bathroom, and a spacious laundry room that leads to the backyard space. The second floor features a den with a large attached deck that can be used as a bedroom, a spacious en-suite primary suite with an office area, and finally, a third space that can be used as a 3rd bedroom, at-home gym, etc. This charming home is attached to the cafe for ultimate ease of work-life balance with ZERO COMMUTE! The North Shore Cafe seats 40 and has a spacious outdoor patio seating an additional 30 guests. The kitchen is fully equipped with top of the line equipment, including a 72" Royal double range with griddle, large walk in refrigerator, meticulously kept kitchen, 8 foot stainless prep and sink area with an additional prep room complete with sink, counter space, and an additional refrigerator which leads to an over 200 sq ft storage room equipped with shelving units and plenty of space to keep all backstock organized. You don't want to miss out on this rare opportunity to own and operate a successful cafe in Big Bear Lake and live in the convenient and charming attached home. Alternatively, you can rent the home or have a chef live in the home - make it what you want!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
4,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.02.0
89%
Square foot2,4331,475
89%
Lot Size4,0007,050
11%
Price$975.0K$435.0K
78%
Price per sq ft$401$342
56%
Built year19801948
89%
HOA$0$0
50%
Days on market638193
0%

Pricing History

Listed for Sale

Jun 7, 2024

$975,000

Initial Listing

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