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41063 Pennsylvania, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath

41063 Pennsylvania, Big Bear Lake, California 92315 home-pic-0
ACTIVE$400,000$964/sqft
Est. Value: $394,438
-1%
FairlyEstimate
41063 Pennsylvania, Big Bear Lake, California 92315
2Beds
1Bath
964Sqft
7,260Lot

Price Vs. Estimate

The estimated value ($394,438.3) is $5,561.7 (1%) lower than the list price ($400,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7260, living area = 964.
Top Cons:
Auction Sale Format: The 'Live Auction' format introduces uncertainty regarding the final purchase price and requires buyers to navigate a potentially competitive bidding process.

Compared to the nearby listings

Price:$400.0K vs avg $630.0K ($-230,000)17%
Size:964 sqft vs avg 1,656 sqft18%
Price/sqft:$415 vs avg $39261%

More Insights

Built in 1963 (63 years old).
Condition: The property, built in 1963, is well-maintained and charming with features like vaulted wood-beam ceilings and dual-pane windows. However, the kitchen's pine cabinetry and granite-tile counters, along with the bathroom's specific tile pattern and pedestal sink, indicate renovations that are likely 15-25 years old. While functional and clean, these elements show signs of being outdated in style. The appliances are operational but not new or high-end. The home is move-in ready but would benefit from minor cosmetic updates to achieve a more contemporary aesthetic, aligning with the 'Fair' condition criteria.
Year Built
1963
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
OC26001420
Home ConditionFair
Features
Good View: Lake, Neighborhood, Peek-A-Boo, Trees/Woods
Deck
Spa
ViewLake, Neighborhood, Peek-A-Boo, Trees/Woods

About this home

Live Auction! Bidding to start from $400,000! Charming Big Bear Lake cabin just steps from The Village! This updated 2-bedroom, 1-bath retreat offers vaulted wood-beam ceilings, a cozy river-rock fireplace, and tasteful upgrades throughout. Enjoy pine cabinetry, granite-tile counters, tile flooring, dual-pane windows, and a beautifully tiled bath. Both bedrooms feature sliding glass doors and elevated ceilings, creating a bright, airy feel. A spacious laundry/mud room adds convenience. Outside, relax on the stamped-concrete patio with peek-a-boo lake views or entertain on the back deck surrounded by mature pines. Large front and rear parking areas provide plenty of space for guests. Located less than 1/3 mile to The Village, the marina, and minutes to ski resorts, this cabin is ideal as a personal getaway or proven vacation rental. This home embodies the best of Big Bear living — whether you’re seeking personal escape or rental return.

W
William Pasqualino
Listing Agent

Price History

Date
Event
Price
05/05/21
Sold
$475,000
11/20/03
Sold
$227,500
09/19/01
Sold
$124,000
Condition Rating
Fair
The property, built in 1963, is well-maintained and charming with features like vaulted wood-beam ceilings and dual-pane windows. However, the kitchen's pine cabinetry and granite-tile counters, along with the bathroom's specific tile pattern and pedestal sink, indicate renovations that are likely 15-25 years old. While functional and clean, these elements show signs of being outdated in style. The appliances are operational but not new or high-end. The home is move-in ready but would benefit from minor cosmetic updates to achieve a more contemporary aesthetic, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7260, living area = 964.
Exceptional Location: Steps from The Village, marina, and minutes to ski resorts, offering unparalleled access to Big Bear Lake's prime attractions and amenities.
Strong Income Potential: Explicitly marketed as an 'ideal personal getaway or proven vacation rental,' highlighting its viability for generating rental income.
Charming & Updated Interior: Features vaulted wood-beam ceilings, a river-rock fireplace, dual-pane windows, and tasteful modern upgrades including granite-tile counters and a beautifully tiled bath.
Desirable Outdoor Spaces & Views: Includes a stamped-concrete patio with peek-a-boo lake views and a private back deck surrounded by mature pines, enhancing outdoor living.
Ample Guest Parking: Large front and rear parking areas provide significant convenience for multiple vehicles, a valuable asset in a popular tourist destination.

Cons

Auction Sale Format: The 'Live Auction' format introduces uncertainty regarding the final purchase price and requires buyers to navigate a potentially competitive bidding process.
Limited Living Space: With 964 sqft, the property offers a compact footprint, which may be restrictive for larger families or those seeking more expansive living areas.
Single Bathroom: The presence of only one bathroom for a 2-bedroom property can be a functional limitation, especially for vacation rental guests or multiple occupants.
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