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40670 Big Bear 203, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 3 bath

40670 Big Bear 203, Big Bear Lake, California 92315 home-pic-0
ACTIVE$749,000
40670 Big Bear 203, Big Bear Lake, California 92315
3Beds
3Baths
1,880Sqft
1,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Lake Views: The property boasts breathtaking lake views from every level, enhancing its appeal as a prime lakefront retreat.
Top Cons:
High Monthly HOA Fees: The $690.0 monthly association fee is substantial and adds a significant ongoing cost to ownership, which could impact affordability or investment returns.

Compared to the nearby listings

Price:$749.0K vs avg $400.0K (+$349,000)85%
Size:1,880 sqft vs avg 1,574 sqft77%
Price/sqft:$398 vs avg $36377%

More Insights

Built in 1982 (43 years old).
Condition: Built in 1982, this property is over 40 years old. While the description states it's 'beautifully maintained' and the images show a clean, functional space with good flooring (hardwood/laminate in living areas, carpet in bedrooms) and some modern touches like recessed lighting, the kitchen features dated tiled countertops and wood cabinets. The bathrooms, though not clearly pictured, are likely of a similar vintage or last updated 15-30 years ago. The property is move-in ready and well-kept, but the kitchen and likely bathrooms show signs of being outdated, requiring minor updates to meet current aesthetic standards.
Year Built
1982
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$398
HOA
$690
Days on market
-
Sold On
-
MLS number
IG25248621
Home ConditionFair
Features
Excellent View: Lake
Deck
Pool
ViewLake

About this home

Welcome to your dream lakefront retreat in the heart of Big Bear Lake! Discover this stunning 3-bedroom, 3-bath “Forest Shores” condo, offering the perfect blend of luxury, comfort, and value. Enjoy all the perks of lakefront living—without the lakefront price tag. Step inside to breathtaking lake views from every level of this beautifully maintained home. The open-concept main living area is ideal for entertaining, flowing seamlessly to a spacious patio where you can relax and take in the tranquil waterside scenery. This versatile layout features two bedrooms and two bathrooms in the main residence, providing plenty of comfort and privacy for family and guests. The private studio suite includes its own kitchenette, bathroom, and patio—perfect for hosting visitors or generating rental income. Enjoy effortless lake access with a dock included in your HOA fees. Whether you’re searching for an investment opportunity or the ultimate vacation getaway, this lakefront condo has it all. Don’t miss this rare chance to experience Big Bear Lakefront living at its finest! Information deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all details.

Condition Rating
Fair
Built in 1982, this property is over 40 years old. While the description states it's 'beautifully maintained' and the images show a clean, functional space with good flooring (hardwood/laminate in living areas, carpet in bedrooms) and some modern touches like recessed lighting, the kitchen features dated tiled countertops and wood cabinets. The bathrooms, though not clearly pictured, are likely of a similar vintage or last updated 15-30 years ago. The property is move-in ready and well-kept, but the kitchen and likely bathrooms show signs of being outdated, requiring minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Exceptional Lake Views: The property boasts breathtaking lake views from every level, enhancing its appeal as a prime lakefront retreat.
Lakefront Access with Dock: Enjoy effortless lake access with a dock included in the HOA fees, a highly desirable amenity for Big Bear Lake properties.
Versatile Layout & Income Potential: The private studio suite with its own kitchenette and patio offers flexibility for guests or potential rental income, adding significant value.
Open-Concept Living: The open-concept main living area is ideal for entertaining, seamlessly connecting to a spacious patio with waterside scenery.
Value-Driven Lakefront Living: Offers the perks of lakefront living without the typical high price tag associated with single-family lakefront homes.

Cons

High Monthly HOA Fees: The $690.0 monthly association fee is substantial and adds a significant ongoing cost to ownership, which could impact affordability or investment returns.
Condominium Ownership Limitations: As a condominium, owners are subject to HOA rules and regulations, and share common walls and areas, potentially limiting privacy or personal modifications compared to a detached home.
Age of Property: Built in 1982, the property is over 40 years old. While described as 'beautifully maintained,' potential buyers may anticipate future updates or maintenance for older systems and finishes.

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