40085 Forest Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 3 bath
ACTIVE$690,000
40085 Forest Road, Big Bear Lake, California 92315
5Beds
3Baths
2,576Sqft
11,400Lot
Price Vs. Estimate
The estimated value ($690,000) is $0 (0%) lower than the list price ($690,000). This property may be overpriced.
Key pros and cons
Top Pros:
Dual Cabin Configuration: The property features two distinct, updated cabins on one lot, offering exceptional versatility for multi-generational living, guest accommodations, or significant rental income potential.
Top Cons:
Age of Property: Built in 1949, the underlying structure is over 70 years old. While renovated, this age can imply potential for older infrastructure (e.g., foundation, original framing) that may require future attention.
Compared to the nearby listings
Price:$690.0K vs avg $640.0K (+$50,050)60%
Size:2,576 sqft vs avg 1,738 sqft83%
Price/sqft:$268 vs avg $3953%
More Insights
Built in 1949 (76 years old).
Condition: Despite being built in 1949, the property consists of two cabins that have been extensively and beautifully renovated, as stated in the description and evidenced by the images. Both kitchens feature modern white shaker cabinets, new countertops, and contemporary black fixtures, though the appliances appear functional but not brand new or high-end. Bathrooms are fully updated with modern tiling, vanities, and black hardware. The flooring throughout is consistent, new-looking wood-style laminate/LVP, and walls are freshly painted. The overall aesthetic is clean, bright, and move-in ready with minimal visible wear and tear. While the heating system appears to be wall heaters rather than central HVAC, this is common for the area. The recent and thorough renovations place it firmly in the 'Good' category, as it requires no immediate updates and systems are well-maintained, even if not all components are 'virtually new' as required for 'Excellent'.
Year Built
1949
Close
-
List price
$690K
Original List price
$700K
Price/Sqft
$268
HOA
-
Days on market
-
Sold On
-
MLS number
CV25098145
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
Your Big Bear Lake Dream: Two Updated Cabins, Endless Possibilities! Imagine owning two beautifully renovated cabins in a peaceful and private Big Bear Lake setting, just moments from all the action. This unique property offers the perfect blend of mountain tranquility and convenient access to Big Bear Lake Village, Snow Summit and Bear Mountain ski resorts, outdoor adventures, and local amenities. The first two-story cabin provides a cozy retreat with 2 remodeled bedrooms, a laundry room, extra storage, and a charming living area. The second single-level cabin is designed for easy mountain living with 3 bedrooms, 2 baths, and a spacious open-concept living space that extends to a large deck overlooking a generous yard – ideal for relaxing and storing your outdoor gear. Whether you envision a lucrative rental income stream, a spacious haven for family and friends, or a personal sanctuary close to skiing, hiking, and lake fun, this 5-bedroom, 3-bath property offers an exceptional opportunity to embrace the Big Bear Lake lifestyle.
Condition Rating
Good
Despite being built in 1949, the property consists of two cabins that have been extensively and beautifully renovated, as stated in the description and evidenced by the images. Both kitchens feature modern white shaker cabinets, new countertops, and contemporary black fixtures, though the appliances appear functional but not brand new or high-end. Bathrooms are fully updated with modern tiling, vanities, and black hardware. The flooring throughout is consistent, new-looking wood-style laminate/LVP, and walls are freshly painted. The overall aesthetic is clean, bright, and move-in ready with minimal visible wear and tear. While the heating system appears to be wall heaters rather than central HVAC, this is common for the area. The recent and thorough renovations place it firmly in the 'Good' category, as it requires no immediate updates and systems are well-maintained, even if not all components are 'virtually new' as required for 'Excellent'.
Pros & Cons
Pros
Dual Cabin Configuration: The property features two distinct, updated cabins on one lot, offering exceptional versatility for multi-generational living, guest accommodations, or significant rental income potential.
Prime Big Bear Location: Strategically located just moments from Big Bear Lake Village, Snow Summit, Bear Mountain ski resorts, and various outdoor adventures, enhancing its appeal for recreational buyers and renters.
Renovated Condition: Both cabins are described as 'beautifully renovated' with 'remodeled bedrooms,' suggesting a move-in ready condition and reduced immediate renovation costs for a buyer.
Peaceful & Private Setting: The property offers a 'peaceful and private Big Bear Lake setting,' providing a tranquil retreat while still being close to amenities.
Generous Outdoor Space: Includes a 'large deck overlooking a generous yard,' providing ample space for relaxation, entertaining, and outdoor gear storage, which is highly desirable in a mountain setting.
Cons
Age of Property: Built in 1949, the underlying structure is over 70 years old. While renovated, this age can imply potential for older infrastructure (e.g., foundation, original framing) that may require future attention.
Lack of Detailed Renovation Scope: The description mentions 'renovated' and 'remodeled' but lacks specifics on updates to critical systems like plumbing, electrical, HVAC, or roofing, which are important considerations for a property of this age.
Potential for Complex Management: Operating two separate cabins on a single parcel may introduce complexities regarding zoning regulations, short-term rental permits, or shared utility arrangements, particularly for investors.