40286 Big Bear Boulevard, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

40286 Big Bear Boulevard, Big Bear Lake, California 92315 home-pic-0
ACTIVE$335,000
40286 Big Bear Boulevard, Big Bear Lake, California 92315
3Beds
2Baths
1,642Sqft
3,200Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in a highly desirable area of Big Bear Lake, offering excellent access to local attractions and amenities, which is ideal for rentals.
Top Cons:
As-Is Sale Condition: The property is sold 'as is,' indicating that buyers should anticipate potential needs for repairs, renovations, or upgrades.

Compared to the nearby listings

Price:$335.0K vs avg $637.5K ($-302,450)5%
Size:1,642 sqft vs avg 1,714 sqft48%
Price/sqft:$204 vs avg $3952%

More Insights

Built in 1946 (79 years old).
Condition: Built in 1946 and sold 'as is,' this property requires substantial repairs and rehabilitation. The kitchen features very old, white appliances, worn basic cabinets, and an outdated fluorescent light fixture, indicating a need for a complete overhaul. The bathroom is equally dated with a basic, old fiberglass shower stall and worn fixtures. Visible unfinished framing and general wear throughout the interior suggest significant deferred maintenance and a need for extensive system and aesthetic updates to meet modern standards.
Year Built
1946
Close
-
List price
$335K
Original List price
$365K
Price/Sqft
$204
HOA
-
Days on market
-
Sold On
-
MLS number
CV24174233
Home ConditionPoor
Features
View-

About this home

Spacious 1,600 sq. ft. home featuring 3 bedrooms and 2 bathrooms, ideally located in a highly desirable area. The property includes a detached two-car garage, providing ample storage and parking options. This is a great investment opportunity, perfect for generating both short- and long-term rental income in a prime location. With a 3,200 square foot lot, there’s potential for a small patio to attract and accommodate guests. This property is sold as is, offering a blank canvas for your vision.

Condition Rating
Poor

Built in 1946 and sold 'as is,' this property requires substantial repairs and rehabilitation. The kitchen features very old, white appliances, worn basic cabinets, and an outdated fluorescent light fixture, indicating a need for a complete overhaul. The bathroom is equally dated with a basic, old fiberglass shower stall and worn fixtures. Visible unfinished framing and general wear throughout the interior suggest significant deferred maintenance and a need for extensive system and aesthetic updates to meet modern standards.
Pros & Cons

Pros

Prime Location: Situated in a highly desirable area of Big Bear Lake, offering excellent access to local attractions and amenities, which is ideal for rentals.
Investment Opportunity: Explicitly identified as a strong investment, perfect for generating both short-term and long-term rental income.
Spacious Interior: Features a generous 1,600 sq. ft. floor plan with 3 bedrooms and 2 bathrooms, providing comfortable living space.
Detached Two-Car Garage: Includes a valuable detached two-car garage, offering significant parking, storage, or potential for future use.
Competitive Pricing: Recently reduced from $365,000 to $335,000, presenting a more attractive and competitive price point for buyers.

Cons

As-Is Sale Condition: The property is sold 'as is,' indicating that buyers should anticipate potential needs for repairs, renovations, or upgrades.
Older Construction: Built in 1946, the home may require updates to systems and aesthetics to meet modern standards and reduce future maintenance.
Limited Lot Size: The 3,200 sq. ft. lot is relatively small, offering limited outdoor space despite the potential for a small patio.

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