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40224 Mahanoy Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

40224 Mahanoy Lane, Big Bear Lake, California 92315 home-pic-0
ACTIVE$599,000
40224 Mahanoy Lane, Big Bear Lake, California 92315
3Beds
2Baths
1,398Sqft
4,000Lot

Price Vs. Estimate

The estimated value ($599,000) is $0 (0%) lower than the list price ($599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Central Location: The property boasts a prime, central location just moments from Big Bear Lake, marinas, shopping, dining, skiing, and hiking trails, offering unparalleled access to recreational activities and amenities.
Top Cons:
Property Age: Built in 1946, the home's original construction date suggests potential for older underlying infrastructure or systems, despite recent cosmetic and functional remodels.

Compared to the nearby listings

Price:$599.0K vs avg $637.5K ($-38,450)44%
Size:1,398 sqft vs avg 1,714 sqft38%
Price/sqft:$428 vs avg $39664%

More Insights

Built in 1946 (79 years old).
Condition: Despite being built in 1946, this property has undergone a beautiful and extensive remodel, bringing it to current quality standards. The kitchen features modern shaker-style cabinets, stainless steel appliances, butcher block countertops, and contemporary lighting. Bathrooms are similarly updated with modern vanities, fixtures, and mirrors. The home boasts new wood-look laminate flooring, fresh paint, and dual-pane windows throughout. The overall aesthetic is fresh, clean, and highly functional, indicating a very recent renovation with virtually new components and no deferred maintenance, making it move-in ready and ideal for its current use as a high-performing vacation rental.
Year Built
1946
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$428
HOA
-
Days on market
-
Sold On
-
MLS number
PW25120109
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Deck
Spa
ViewMountain(s), Trees/Woods

About this home

Welcome to your dreamy Big Bear Lake mountain retreat! This beautifully remodeled, single-story home combines rustic charm with modern upgrades, all in a prime, central location just moments from the lake, marinas, shopping, dining, skiing, and hiking trails. Walk inside and you're greeted by soaring T&G wood vaulted ceilings over an expansive, open-concept great room complete with a living room with a cozy wood stove fireplace, full-size dining area, laundry closet and fully-stocked kitchen, making it ideal for entertaining. Dual-pane windows throughout fill the space with natural light. This home features 3 generously sized bedrooms consisting of a primary suite, a fully-stocked kids room with bunk beds, and another large bedroom on the other end of the home, offering both privacy and comfort. Step outside to an expanded back deck, perfect for gatherings, and relax in the private spa just off the deck—your personal mountain sanctuary. Currently operating as a high-performing vacation rental, booked nearly every weekend, this home is ready for its next chapter—whether you're looking for a profitable investment or the perfect Big Bear getaway for you and your family. Don't miss this spectacular opportunity!

Condition Rating
Excellent
Despite being built in 1946, this property has undergone a beautiful and extensive remodel, bringing it to current quality standards. The kitchen features modern shaker-style cabinets, stainless steel appliances, butcher block countertops, and contemporary lighting. Bathrooms are similarly updated with modern vanities, fixtures, and mirrors. The home boasts new wood-look laminate flooring, fresh paint, and dual-pane windows throughout. The overall aesthetic is fresh, clean, and highly functional, indicating a very recent renovation with virtually new components and no deferred maintenance, making it move-in ready and ideal for its current use as a high-performing vacation rental.
Pros & Cons

Pros

Prime Central Location: The property boasts a prime, central location just moments from Big Bear Lake, marinas, shopping, dining, skiing, and hiking trails, offering unparalleled access to recreational activities and amenities.
Proven Rental Income: Currently operating as a high-performing vacation rental, booked nearly every weekend, this home presents a strong, established income-generating opportunity for investors.
Remodeled & Charming Interior: Beautifully remodeled, the home features soaring T&G wood vaulted ceilings, an open-concept great room, dual-pane windows, and a cozy wood stove, blending rustic charm with modern comforts.
Exceptional Outdoor Amenities: An expanded back deck perfect for gatherings and a private spa create an ideal mountain sanctuary for relaxation and entertainment, enhancing the property's appeal.
Versatile Use & Appeal: The property is well-suited as both a profitable investment vehicle and a perfect personal Big Bear getaway, appealing to a broad range of potential buyers.

Cons

Property Age: Built in 1946, the home's original construction date suggests potential for older underlying infrastructure or systems, despite recent cosmetic and functional remodels.
Compact Lot Size: With a lot size of 4000 sqft, the property offers a relatively small outdoor footprint, which may not appeal to buyers seeking extensive land or greater privacy.
Lack of Central Cooling: While a wood stove provides heating, the description does not mention a cooling system, which could be a consideration for comfort during warmer months.

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