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40116 Highland Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

40116 Highland Road, Big Bear Lake, California 92315 home-pic-0
ACTIVE$569,000
40116 Highland Road, Big Bear Lake, California 92315
3Beds
2Baths
1,406Sqft
6,655Lot

Price Vs. Estimate

The estimated value ($569,000) is $0 (0%) lower than the list price ($569,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The property boasts an exceptional location within walking distance to Big Bear Village, alpine slide, restaurants, markets, and hiking trails, with quick access to the lake and slopes, making it highly desirable for recreational buyers.
Top Cons:
Significant Price Reduction: The property has experienced a substantial price drop from its original listing of $699,999 to $569,000, which may prompt buyer scrutiny regarding its initial valuation or potential underlying reasons for the reduction.

Compared to the nearby listings

Price:$569.0K vs avg $637.5K ($-68,450)41%
Size:1,406 sqft vs avg 1,714 sqft39%
Price/sqft:$405 vs avg $39654%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, the property has undergone an extensive and recent renovation, as explicitly stated in the description and evidenced by the high-quality images. The kitchen features modern stainless steel appliances, new cabinets, and countertops. Bathrooms are updated with contemporary tiling and fixtures. New waterproof vinyl flooring is installed throughout, and all visible light fixtures are modern. The property is described as 'turnkey' and 'ready-to-go,' indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1967
Close
-
List price
$569K
Original List price
$700K
Price/Sqft
$405
HOA
-
Days on market
-
Sold On
-
MLS number
EV24055080
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Trees/Woods

About this home

LOCATION, LOCATION, LOCATION!!! If you were looking for the PERFECT TURNKEY property for your full time residence, or a ready-to-go vacation rental... YOU FOUND IT! Already a successful AIRBNB, this gorgeous home is situated within walking distance to the village, alpine slide, restaurants, markets and also hiking trails! Only a few minutes drive to the lake and slopes! Situated on a quiet tree-lined street near Mill Creek area, this home boasts tranquility with functionality!! ~~~ As you drive up to the home there is a separate 2 car garage (which could easily be made into a game room or bonus room for extra space)! Walking up the path to the front door allows you to enjoy the ample shade of the full size ponderosa pines and entertainment area in the front yard! Inside the home you will find a cozy stone fireplace for those chilly winters. With this open floor plan, enjoy entertaining seamlessly in every season! Most everything inside and out has been upgraded, including kitchen and bathrooms!!! 3 wonderfully appointed bedrooms, and 2 full baths allows for plenty of room for you and your family! Large fenced backyard is perfect for kids to play or fur-babies! Upgrades/remodels include: Roof, kitchen cabinets/countertops, 100% waterproof vinyl flooring throughout, vinyl windows, vanities/tile/fixtures, lighting fixtures, appliances, barn doors/doors, paint inside & out....TOO MUCH TO LIST! Don't let this opportunity pass! Schedule your private tour today!

Condition Rating
Excellent
Despite being built in 1967, the property has undergone an extensive and recent renovation, as explicitly stated in the description and evidenced by the high-quality images. The kitchen features modern stainless steel appliances, new cabinets, and countertops. Bathrooms are updated with contemporary tiling and fixtures. New waterproof vinyl flooring is installed throughout, and all visible light fixtures are modern. The property is described as 'turnkey' and 'ready-to-go,' indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Location: The property boasts an exceptional location within walking distance to Big Bear Village, alpine slide, restaurants, markets, and hiking trails, with quick access to the lake and slopes, making it highly desirable for recreational buyers.
Turnkey & Income Potential: Described as a 'PERFECT TURNKEY' property and 'Already a successful AIRBNB,' it offers immediate move-in readiness and proven income-generating potential for investors or those seeking a vacation rental.
Extensive Modern Upgrades: The home has undergone comprehensive upgrades and remodels, including the roof, kitchen, bathrooms, flooring, windows, and paint, significantly reducing immediate maintenance and enhancing its modern appeal.
Versatile Detached Garage: A separate 2-car garage presents a valuable opportunity for conversion into a game room or bonus space, adding flexible living or entertainment options.
Desirable Outdoor Space: The property features an inviting outdoor entertainment area shaded by Ponderosa pines in the front yard and a large fenced backyard, perfect for families and pets.

Cons

Significant Price Reduction: The property has experienced a substantial price drop from its original listing of $699,999 to $569,000, which may prompt buyer scrutiny regarding its initial valuation or potential underlying reasons for the reduction.
Older Core Structure: Despite extensive remodels, the home was built in 1967. While many elements are new, potential buyers may have concerns or questions regarding the age and condition of original, unmentioned systems like plumbing or electrical wiring.
No Mention of Cooling System: The description highlights a cozy stone fireplace for winter but does not mention a cooling system (e.g., central air conditioning), which could be a consideration for comfort during warmer summer months in Big Bear Lake.

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