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40256 Dream, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

40256 Dream, Big Bear Lake, California 92315 home-pic-0
ACTIVE UNDER CONTRACT$369,900
40256 Dream, Big Bear Lake, California 92315
3Beds
2Baths
955Sqft
5,330Lot

Price Vs. Estimate

The estimated value ($369,900) is $0 (0%) lower than the list price ($369,900). This property may be overpriced.

Key pros and cons

Top Pros:
Quintessential Big Bear Charm: The property embodies a 'timeless Big Bear cabin' aesthetic with 'rustic charm,' 'vintage mountain character,' and 'warm wood and log accents,' appealing to buyers seeking an authentic mountain experience.
Top Cons:
Dated Interior Finishes: While charming, the 1950 build and features like 'tile countertops' in the kitchen suggest some areas may require modernization to meet contemporary buyer preferences.

Compared to the nearby listings

Price:$369.9K vs avg $637.5K ($-267,550)10%
Size:955 sqft vs avg 1,714 sqft15%
Price/sqft:$387 vs avg $39546%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this cabin retains significant vintage character. The kitchen features very dated tile countertops and appliances that appear to be from the 70s or 80s, requiring a full renovation for modern appeal and functionality. Bathrooms have charming clawfoot tubs and slate wainscoting, but the fixtures are basic and the overall style is not contemporary. While the property is well-maintained with extensive wood paneling and a stone fireplace, indicating regular upkeep, major components like the kitchen and potentially the heating/cooling systems (wall heater visible) are functional but show clear signs of being outdated. It is livable but requires substantial updates to meet current standards.
Year Built
1950
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
IG25236160
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

Welcome to 40256 Dream Street — a timeless Big Bear cabin full of rustic charm ~ This classic 3-bedroom, 2-bath home sits on a generous 5,330 sq ft lot and hasn’t been on the market since 1998 ~ Originally built in 1950, the property boasts vintage mountain character ~ Inside, this home blends natural light with warm wood and log accents, a floor-to-ceiling stone fireplace, and clawfoot tubs in both bathrooms — including an ensuite with elegant slate wainscoting and a stackable washer and dryer ~ The kitchen features tile countertops, and opens to a cozy dining area, with nook ~ Step outside to enjoy a covered porch with recessed lighting, great for relaxing evenings under the pines ~ The pea-graveled wraparound driveway provides expansive parking, with potential RV and boat parking ~ Whether you’re searching for a serene mountain retreat, a full-time residence, or a vacation rental investment, this cabin on Dream Street delivers the quintessential Big Bear experience — quiet, peaceful, and full of character.

Condition Rating
Fair
Built in 1950, this cabin retains significant vintage character. The kitchen features very dated tile countertops and appliances that appear to be from the 70s or 80s, requiring a full renovation for modern appeal and functionality. Bathrooms have charming clawfoot tubs and slate wainscoting, but the fixtures are basic and the overall style is not contemporary. While the property is well-maintained with extensive wood paneling and a stone fireplace, indicating regular upkeep, major components like the kitchen and potentially the heating/cooling systems (wall heater visible) are functional but show clear signs of being outdated. It is livable but requires substantial updates to meet current standards.
Pros & Cons

Pros

Quintessential Big Bear Charm: The property embodies a 'timeless Big Bear cabin' aesthetic with 'rustic charm,' 'vintage mountain character,' and 'warm wood and log accents,' appealing to buyers seeking an authentic mountain experience.
Strong Investment Versatility: Positioned as ideal for a 'serene mountain retreat, a full-time residence, or a vacation rental investment,' offering flexible usage and income potential in a desirable tourist location.
Distinctive Interior Features: Boasts unique elements such as a 'floor-to-ceiling stone fireplace' and 'clawfoot tubs in both bathrooms,' adding character and a sense of luxury to the vintage appeal.
Ample Parking & Outdoor Living: Features a 'pea-graveled wraparound driveway' with 'expansive parking, including potential RV and boat parking,' complemented by a 'covered porch with recessed lighting' for outdoor enjoyment.
Established Ownership History: Not having been on the market since 1998 suggests long-term care and stability, potentially indicating a well-maintained property by a dedicated owner.

Cons

Dated Interior Finishes: While charming, the 1950 build and features like 'tile countertops' in the kitchen suggest some areas may require modernization to meet contemporary buyer preferences.
Compact Living Space: With 955 sq ft for 3 bedrooms and 2 bathrooms, the interior footprint is relatively small, which could be a limiting factor for larger families or those desiring more spacious living areas.
Potential for System Updates: As a 1950-built home, there's an inherent likelihood of older infrastructure (plumbing, electrical, heating/cooling systems not explicitly mentioned) that may require future investment or upgrades.

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