41602 Mcwhinney Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 3 bath

41602 Mcwhinney Lane, Big Bear Lake, California 92315 home-pic-0
ACTIVE$499,000
41602 Mcwhinney Lane, Big Bear Lake, California 92315
3Beds
3Baths
1,260Sqft
6,500Lot

Price Vs. Estimate

The estimated value ($499,000) is $0 (0%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in one of Big Bear’s most sought-after neighborhoods, the property is walking distance to Snow Summit and minutes to the lake and Village, offering excellent accessibility to key attractions.
Top Cons:
REO Sale Status: As a bank-owned (REO) property, it is typically sold in 'as-is' condition, which may limit negotiation flexibility and place the burden of any unforeseen repairs on the buyer.

Compared to the nearby listings

Price:$499.0K vs avg $637.5K ($-138,450)29%
Size:1,260 sqft vs avg 1,714 sqft30%
Price/sqft:$396 vs avg $39650%

More Insights

Built in 1976 (49 years old).
Condition: The property, built in 1976, features a recently and extensively remodeled interior, particularly evident in the kitchen. The kitchen boasts modern dark blue shaker cabinets, new white quartz countertops with veining, stainless steel appliances, a farmhouse sink, and contemporary fixtures, all in excellent condition. New LVP/laminate flooring is present throughout the main living areas and bedrooms. While the interior is largely move-in ready and updated to a high standard, the listing explicitly states the exterior 'needs a little TLC' and the interior is 'nearly completed remodeled,' suggesting some minor finishing touches or exterior work may still be required. This prevents it from reaching an 'Excellent' score, which implies no deferred maintenance and virtually new components throughout.
Year Built
1976
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$396
HOA
-
Days on market
-
Sold On
-
MLS number
IG25080032
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

REO SALE!! Here’s your chance to grab a mountain home in one of Big Bear’s most sought-after neighborhoods. This bank-owned property is walking distance to Snow Summit and minutes to the lake and Village. Inside, you’ll find a nearly completed remodeled interior that blends modern updates with mountain charm. The exterior needs a little TLC. The home offers 3 bedrooms, 3 bathrooms, and an attached 2-car garage. A generous living room with a wood-burning fireplace creates a warm and inviting gathering space, while the 6,500 sq ft lot provides room to enjoy the outdoors. Host friends on the spacious deck for summer BBQs or simply relax in the crisp alpine air. Whether you envision it as a full-time residence or a weekend retreat, this home delivers location, comfort, and strong potential at a great value.

Condition Rating
Good

The property, built in 1976, features a recently and extensively remodeled interior, particularly evident in the kitchen. The kitchen boasts modern dark blue shaker cabinets, new white quartz countertops with veining, stainless steel appliances, a farmhouse sink, and contemporary fixtures, all in excellent condition. New LVP/laminate flooring is present throughout the main living areas and bedrooms. While the interior is largely move-in ready and updated to a high standard, the listing explicitly states the exterior 'needs a little TLC' and the interior is 'nearly completed remodeled,' suggesting some minor finishing touches or exterior work may still be required. This prevents it from reaching an 'Excellent' score, which implies no deferred maintenance and virtually new components throughout.
Pros & Cons

Pros

Prime Location: Situated in one of Big Bear’s most sought-after neighborhoods, the property is walking distance to Snow Summit and minutes to the lake and Village, offering excellent accessibility to key attractions.
Remodeled Interior: The interior boasts a nearly completed remodel, blending modern updates with mountain charm, providing a fresh and appealing living space.
Versatile Use & Value Potential: The home offers strong potential as either a full-time residence or a lucrative weekend retreat, presented at a great value due to its REO status.
Functional Layout & Amenities: Features 3 bedrooms, 3 bathrooms, an attached 2-car garage, and a generous living room with a cozy wood-burning fireplace, enhancing comfort and utility.
Outdoor Living Space: A spacious deck provides an ideal setting for summer BBQs and relaxation, complemented by a generous 6,500 sq ft lot for outdoor enjoyment.

Cons

REO Sale Status: As a bank-owned (REO) property, it is typically sold in 'as-is' condition, which may limit negotiation flexibility and place the burden of any unforeseen repairs on the buyer.
Exterior Condition: The description explicitly states that the exterior 'needs a little TLC,' indicating immediate or near-future expenses for cosmetic or structural improvements.
Potential for Unfinished Interior Work: While 'nearly completed remodeled,' this phrasing could imply that some finishing touches or minor work might still be required by the new owner to fully complete the interior updates.

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