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41935 Switzerland Drive 100, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 3 bath

41935 Switzerland Drive 100, Big Bear Lake, California 92315 home-pic-0
ACTIVE$626,000
41935 Switzerland Drive 100, Big Bear Lake, California 92315
3Beds
3Baths
1,210Sqft
600Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: The property boasts a prime location, just steps away from the base area of Snow Summit Ski Resort, offering unparalleled convenience for ski enthusiasts and high demand for rentals.
Top Cons:
Substantial HOA Fees: The monthly association fee of $975 is considerably high, which could impact overall profitability for investors or affordability for owner-occupants.

Compared to the nearby listings

Price:$626.0K vs avg $400.0K (+$226,000)69%
Size:1,210 sqft vs avg 1,574 sqft31%
Price/sqft:$517 vs avg $36392%

More Insights

Built in 1971 (54 years old).
Condition: Despite being built in 1971, the property has been recently renovated, as evidenced by the modern LVP flooring throughout, updated kitchen with granite countertops and black appliances, and fully tiled bathrooms with contemporary vanities and fixtures. The vaulted wood ceilings and rock fireplace add character and are well-maintained. The stacked washer/dryer is also modern. It is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Year Built
1971
Close
-
List price
$626K
Original List price
$630K
Price/Sqft
$517
HOA
$975
Days on market
-
Sold On
-
MLS number
IG25079515
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

ESCAPE TOWNHOME STEPS TO THE SLOPES! Wait until you see the location of this immaculate three-bedroom, three-bath End Unit just steps away from the base area of SNOW SUMMIT SKI RESORT.Recently renovated features include a floor-to-ceiling rock fireplace, high vaulted beam ceilings, anopen floor-plan with a full kitchen, beautiful granite countertops with a large breakfast bar, a fullstacked washer/dryer, and covered decking for winter BBQs. This Unit fronts a nice greenbelt and hasa view of the slopes from the dining area. This Unit also includes two parking passes with convenientparking right out front. Although never used as a vacation rental by the current owners, this Unitwould be a real money maker if used as an STR. This offering of a turn-key, fully furnished 3-BEDROOM, 3-BATH Townhome Unit rarely comes on the market in this complex. You've got to see it toappreciate it.

Condition Rating
Good
Despite being built in 1971, the property has been recently renovated, as evidenced by the modern LVP flooring throughout, updated kitchen with granite countertops and black appliances, and fully tiled bathrooms with contemporary vanities and fixtures. The vaulted wood ceilings and rock fireplace add character and are well-maintained. The stacked washer/dryer is also modern. It is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime location, just steps away from the base area of Snow Summit Ski Resort, offering unparalleled convenience for ski enthusiasts and high demand for rentals.
High Income Potential: Explicitly noted as a 'real money maker' for short-term rentals (STR), this unit presents a strong investment opportunity for generating significant rental income.
Modern & Updated Interior: Recently renovated with attractive features including a floor-to-ceiling rock fireplace, high vaulted beam ceilings, an open floor plan, granite countertops, and a full stacked washer/dryer.
Turn-Key & Furnished: Offered fully furnished and turn-key, allowing for immediate occupancy or rental without the need for additional setup costs or time.
Desirable Unit Features & Views: As an end unit, it likely provides more privacy and natural light, complemented by greenbelt frontage and direct views of the slopes from the dining area.

Cons

Substantial HOA Fees: The monthly association fee of $975 is considerably high, which could impact overall profitability for investors or affordability for owner-occupants.
Age of Construction: Built in 1971, the property's underlying structure is over 50 years old, which, despite recent renovations, may imply potential for future maintenance or less modern infrastructure.
Recent Price Adjustment: A recent reduction from the original list price suggests potential market resistance or an initial overvaluation, which could indicate a slower sales cycle.

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