40068 Forest Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 2 bath
ACTIVE$548,000
40068 Forest Road, Big Bear Lake, California 92315
4Beds
2Baths
1,440Sqft
5,600Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Resort Location: Situated approximately half a mile from Big Bear Lake and marina, and one mile from the Village, offering excellent access to recreational activities and amenities.
Top Cons:
Virtually Edited Photos: The use of virtually edited photos for the back unit may create unrealistic expectations or raise questions about the actual condition of the property.
Compared to the nearby listings
Price:$548.0K vs avg $524.0K (+$24,000)50%
Size:1,440 sqft vs avg 1,626 sqft50%
Price/sqft:$381 vs avg $32850%
More Insights
Built in 1978 (47 years old).
Condition: Built in 1978, this property has received updates since original construction, as evidenced by the stainless steel appliances and recessed lighting in the kitchens, and the laminate/tile flooring. However, the overall aesthetic, including the wood paneling throughout and the basic, functional style of the bathrooms and kitchen cabinets, suggests renovations that are not recent (likely 15-30 years old) or comprehensive. While clean and move-in ready, the property shows signs of being aged and would benefit from further modernization to meet current quality standards. The 'inconsistent interior finishes' noted in the description also points to a piecemeal update approach rather than a full renovation.
Year Built
1978
Close
-
List price
$548K
Original List price
$600K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
IG25104159
Home ConditionFair
Features
Deck
ViewNeighborhood
About this home
Prime Big Bear Lake location! Approximately half a mile to the lake and marina, and about one mile to the Big Bear Village. This is an exceptional opportunity not to be missed. Two detached units are located on an R2-zoned lot, both identical in layout, size, and design. Each unit has been updated since original construction. The bedrooms are carpeted, with the front unit featuring laminate plank flooring and the back unit tiled flooring. Both include stackable washer and dryer hookups, one bedroom on the main level, and one loft bedroom. They are equipped with forced air heating and Unit 1 includes a newer tankless water heater. The property boasts expansive decks, with Unit 2 offering a covered deck. Photos of the back unit have been virtually edited to provide a clearer view of the home's amenities and layout.
Condition Rating
Fair
Built in 1978, this property has received updates since original construction, as evidenced by the stainless steel appliances and recessed lighting in the kitchens, and the laminate/tile flooring. However, the overall aesthetic, including the wood paneling throughout and the basic, functional style of the bathrooms and kitchen cabinets, suggests renovations that are not recent (likely 15-30 years old) or comprehensive. While clean and move-in ready, the property shows signs of being aged and would benefit from further modernization to meet current quality standards. The 'inconsistent interior finishes' noted in the description also points to a piecemeal update approach rather than a full renovation.
Pros & Cons
Pros
Prime Resort Location: Situated approximately half a mile from Big Bear Lake and marina, and one mile from the Village, offering excellent access to recreational activities and amenities.
Income-Generating Duplex: Features two detached, identical units on an R2-zoned lot, providing significant potential for rental income or multi-family occupancy.
Recent Updates & Essential Amenities: Both units have been updated since original construction, include forced air heating, stackable washer/dryer hookups, and Unit 1 boasts a newer tankless water heater.
Expansive Outdoor Decks: The property offers generous outdoor living space with expansive decks, including a covered deck on Unit 2, ideal for enjoying the mountain environment.
Detached Units for Privacy: The presence of two detached units provides enhanced privacy and independence for occupants compared to attached multi-family dwellings.
Cons
Virtually Edited Photos: The use of virtually edited photos for the back unit may create unrealistic expectations or raise questions about the actual condition of the property.
Inconsistent Interior Finishes: The front unit features laminate plank flooring while the back unit has tiled flooring, indicating a lack of uniform aesthetic or finish quality between the two units.
Significant Price Reduction: The property has undergone a notable price reduction from $599,900 to $548,000, which could signal initial overpricing or market challenges.