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39414 Ruby Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath

39414 Ruby Lane, Big Bear Lake, California 92315 home-pic-0
ACTIVE$429,000
39414 Ruby Lane, Big Bear Lake, California 92315
2Beds
1Bath
900Sqft
5,750Lot

Price Vs. Estimate

The estimated value ($235,252.765) is $193,747.235 (45%) lower than the list price ($429,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey & Cost-Efficient: The property is sold fully furnished and includes paid-off solar panels, offering immediate usability and significant long-term energy savings, which is highly attractive for a vacation home or rental.
Top Cons:
Potential Overpricing: The current list price of $429,000 is substantially higher than the property's estimated value and recent comparable sales, suggesting it may be overpriced relative to current market conditions.

Compared to the nearby listings

Price:$429.0K vs avg $637.5K ($-208,450)20%
Size:900 sqft vs avg 1,714 sqft14%
Price/sqft:$477 vs avg $39675%

More Insights

Built in 1964 (61 years old).
Condition: The property, built in 1964, is move-in ready and well-maintained. It features an updated kitchen with modern appliances, which is a significant improvement. While the bathroom is functional and clean, and the living areas have well-kept carpet, these elements are not extensively renovated to a modern standard. However, the key kitchen update, overall good condition, and the addition of paid-off solar panels elevate it to a 'Good' rating, indicating no immediate renovations are required.
Year Built
1964
Close
-
List price
$429K
Original List price
$449K
Price/Sqft
$477
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2407952
Home ConditionGood
Features
Deck
Spa
Patio
View-

About this home

Charming Mountain Retreat on Ruby Lane being SOLD FULLY FURNISHED WITH PAID OFF SOLAR ON ROOF. Nestled in the heart of Big Bear Lake, this cozy 2 bedroom, 1 bathroom home offers the perfect getaway for nature lovers and outdoor enthusiasts. Located on a quiet street, just minutes from the lake, ski resorts, and village, this home boasts a spacious open floor plan, vaulted ceilings, and a welcoming fireplace to enjoy after a day on the slopes. The updated kitchen features modern appliances and plenty of storage. Relax on the expansive deck surrounded by lush pines, or entertain friends and family in the large backyard. Whether you're looking for a full-time residence, second home, or investment property, this gem has it all. Don’t miss the opportunity to own your slice of Big Bear paradise!

Condition Rating
Good
The property, built in 1964, is move-in ready and well-maintained. It features an updated kitchen with modern appliances, which is a significant improvement. While the bathroom is functional and clean, and the living areas have well-kept carpet, these elements are not extensively renovated to a modern standard. However, the key kitchen update, overall good condition, and the addition of paid-off solar panels elevate it to a 'Good' rating, indicating no immediate renovations are required.
Pros & Cons

Pros

Turnkey & Cost-Efficient: The property is sold fully furnished and includes paid-off solar panels, offering immediate usability and significant long-term energy savings, which is highly attractive for a vacation home or rental.
Prime Recreational Location: Nestled minutes from Big Bear Lake, ski resorts, and the village, this location is ideal for outdoor enthusiasts and offers strong potential for vacation rental income.
Charming Mountain Aesthetic: The spacious open floor plan, vaulted ceilings, and a welcoming fireplace create a desirable and authentic mountain retreat ambiance.
Modernized Kitchen: An updated kitchen featuring modern appliances and ample storage provides contemporary convenience and enhances the property's overall appeal.
Excellent Outdoor Living: An expansive deck surrounded by lush pines and a large backyard offer superb opportunities for relaxation, entertaining, and enjoying the natural environment.

Cons

Potential Overpricing: The current list price of $429,000 is substantially higher than the property's estimated value and recent comparable sales, suggesting it may be overpriced relative to current market conditions.
Limited Bathroom Count: With only one bathroom for a two-bedroom home, this could be a functional limitation for families or groups, potentially narrowing its market appeal for full-time residents or larger rental parties.
Older Property Age: Built in 1964, the property's age may raise concerns about the condition of other systems (e.g., plumbing, electrical, foundation) not explicitly mentioned as updated, potentially requiring future capital expenditures.

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