41207 Lahontan Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 1 bed, 1 bath

41207 Lahontan Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$284,000
41207 Lahontan Drive, Big Bear Lake, California 92315
1Bed
1Bath
486Sqft
6,720Lot

Price Vs. Estimate

The estimated value ($284,000) is $0 (0%) lower than the list price ($284,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location: The property boasts a prime location, just 1.5 blocks from Meadow Park, Swim Beach, and tennis courts, and minutes away from ski slopes, restaurants, nightlife, and National Forest trails, making it highly desirable for recreation.
Top Cons:
Limited Living Space: With only 486 square feet and officially 1 bedroom, the cabin offers very compact living quarters, which may limit its appeal to buyers seeking more spacious accommodations or larger families.

Compared to the nearby listings

Price:$284.0K vs avg $637.5K ($-353,450)1%
Size:486 sqft vs avg 1,714 sqft0%
Price/sqft:$584 vs avg $39693%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this cabin has received essential functional updates such as a newer roof, dual-pane windows, updated insulation, and a new electrical panel, preventing it from falling into the 'poor' category. However, the interior, particularly the bathroom, is significantly dated with wood paneling, a basic pedestal sink, and simple fixtures. The kitchen area is not clearly visible, suggesting it is either very basic or requires substantial renovation. While maintained, the property's aesthetic and key features like the bathroom and likely kitchen are outdated and would require minor to moderate cosmetic updates to meet current standards.
Year Built
1956
Close
-
List price
$284K
Original List price
$299K
Price/Sqft
$584
HOA
-
Days on market
-
Sold On
-
MLS number
TR25218374
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
ViewMountain(s), Neighborhood, Trees/Woods

About this home

REDUCED $15000 FOR FASTER SALE! Very Cute Cabin. Seller has INSTALLED new Electric Panel! Title says 1 Bedroom but there are a few areas to sleep currently. GREAT asking Price near Lake and Slopes. Newer Roof, Dual Pane Windows. Insulation Updated. Room to Expand House Square Footage and Value! or add Garage or do ADU. Ask City for Details. Large Level 140x48 Foot Lot. Nice Size Tuff Shed in Back. Want to Enjoy Meadow Park, Swim Beach, Tennis Courts, Baseball Fields, Playground or a Place to watch Fireworks- Its only 1.5 Blocks AWAY! Ski Slopes, Restaurants, Nightlife, National Forest Trails are all Minutes AWAY. Great Full Time, Second Home or Vacation Rental. BRING AN OFFER SELLER MOTIVATED!

Condition Rating
Fair

Built in 1956, this cabin has received essential functional updates such as a newer roof, dual-pane windows, updated insulation, and a new electrical panel, preventing it from falling into the 'poor' category. However, the interior, particularly the bathroom, is significantly dated with wood paneling, a basic pedestal sink, and simple fixtures. The kitchen area is not clearly visible, suggesting it is either very basic or requires substantial renovation. While maintained, the property's aesthetic and key features like the bathroom and likely kitchen are outdated and would require minor to moderate cosmetic updates to meet current standards.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime location, just 1.5 blocks from Meadow Park, Swim Beach, and tennis courts, and minutes away from ski slopes, restaurants, nightlife, and National Forest trails, making it highly desirable for recreation.
Significant Recent Upgrades: Key improvements including a newer roof, dual-pane windows, updated insulation, and a new electrical panel enhance the property's condition, energy efficiency, and reduce immediate maintenance concerns.
Expansion & ADU Potential: Situated on a large, level 6,720 sqft lot, there is considerable room to expand the existing cabin, add a garage, or construct an Accessory Dwelling Unit (ADU), offering significant future value addition.
Versatile Use Case: The cabin is well-suited for various purposes, including a full-time residence, a second home, or a vacation rental, appealing to a broad spectrum of potential buyers and offering income-generating possibilities.
Motivated Seller & Price Adjustment: A recent $15,000 price reduction and explicit mention of a motivated seller indicate a potential for a favorable deal and a seller eager to close.

Cons

Limited Living Space: With only 486 square feet and officially 1 bedroom, the cabin offers very compact living quarters, which may limit its appeal to buyers seeking more spacious accommodations or larger families.
Age of Structure: Built in 1956, despite recent updates, the core structure is older, which could imply potential future maintenance needs for original systems (e.g., plumbing, foundation) not explicitly mentioned as upgraded.
Above Estimated Market Value: The current listing price is approximately 11% higher than the property's estimated value, which may be a point of negotiation or perceived overpricing by some buyers relying on automated valuations.

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