42268 Moonridge Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - bed, bath

42268 Moonridge Road, Big Bear Lake, California 92315 home-pic-0
ACTIVE$1,700,000
42268 Moonridge Road, Big Bear Lake, California 92315
0Bed
0Bath
5,963Sqft
43,560Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Strategically located on Moonridge Road, offering convenient access to Bear Mountain Ski Resort, the Zoo, fine dining, and essential amenities, ensuring high tourist visibility and appeal.
Top Cons:
Age of Original Structure: Built in 1965, the underlying structure is older, which may lead to unforeseen maintenance issues or require updates to systems not explicitly covered by recent renovations.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1965 (60 years old).
Condition: Despite being built in 1965, the property description explicitly states it has undergone 'extensive recent renovation from a previously dilapidated state.' The visible bathroom images support this, showcasing modern fixtures, updated tiling, and a consistent rustic-lodge aesthetic. While no kitchen images are provided, the description mentions units are equipped with functional appliances (microwaves, fridges, ranges, ovens). The exterior also appears well-maintained. The property is move-in ready with no immediate renovation required, aligning with a 'Good' condition, though the full scope and recency of all system renovations are not detailed.
Year Built
1965
Close
-
List price
$1.7M
Original List price
$1.9M
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
NP24164499
Home ConditionGood
Features
Deck
View-

About this home

Goldmine Lodge is one of the hidden gems at a great location in Big Bear Lake. The Western themed property is tucked away in a quiet wooded area with tall pine trees all around, yet it is so conveniently located right on the way from Big Bear Blvd to Bear Mountains Ski Resort and the Zoo with a Moonridge Rd address. The property has plenty of open grassy space for corporate events, weddings and outdoor activities. Some of the open space may be used for further expansion. It is a short walking distance to many fine dining restaurants, a short drive to grocery stores, hospitals, Starbucks, fast food outlets, ski slopes and everything that tourists may ever need during a stay with wonderful memories in Big Bear Lake. There are 12 keys when the manager's house is included. Some part of the motel are rooms with a king-size bed or queen-size double beds, many others are family-sized suites with one-bed and two-bed rooms for tourists to select from. The total number of beds can sleep between 20 to 30 persons. Many are equipped with microwave ovens, fridges, ranges and ovens for family cooking and entertaining. In addition, connected to the reception desk office there is a large 2-bedroom manager's stand-alone house that sleep another 5 persons and can be rented out at the new owner's discretion. There is also plenty of parking space on almost an acre of land. The owner has put in a significant amount of blood, sweat and tears for renovation of the property from a previously dilapidated state since the acquisition. Due to family reasons, the owner has reluctantly decided to part way with this treasured possession if we can find a caring new owner for it.

Condition Rating
Good

Despite being built in 1965, the property description explicitly states it has undergone 'extensive recent renovation from a previously dilapidated state.' The visible bathroom images support this, showcasing modern fixtures, updated tiling, and a consistent rustic-lodge aesthetic. While no kitchen images are provided, the description mentions units are equipped with functional appliances (microwaves, fridges, ranges, ovens). The exterior also appears well-maintained. The property is move-in ready with no immediate renovation required, aligning with a 'Good' condition, though the full scope and recency of all system renovations are not detailed.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located on Moonridge Road, offering convenient access to Bear Mountain Ski Resort, the Zoo, fine dining, and essential amenities, ensuring high tourist visibility and appeal.
High Income-Generating Potential: Comprises 12 diverse units, including family-sized suites and a separate 2-bedroom manager's house, capable of accommodating 20-30 guests, presenting substantial rental income opportunities.
Expansion & Event Hosting Capability: Situated on nearly an acre of land with ample open grassy space, ideal for corporate events, weddings, outdoor activities, and potential future expansion, adding significant value and revenue streams.
Extensive Recent Renovation: The property has undergone significant renovation from a previously dilapidated state, indicating a well-maintained and updated condition that reduces immediate capital expenditure for a new owner.
Ample Parking & Large Lot: Offers plenty of parking space on its almost one-acre lot, a crucial asset for a commercial lodge accommodating numerous guests and events.

Cons

Age of Original Structure: Built in 1965, the underlying structure is older, which may lead to unforeseen maintenance issues or require updates to systems not explicitly covered by recent renovations.
Undisclosed Renovation Scope: While 'significant renovation' is mentioned, specific details regarding the extent and recency of updates (e.g., plumbing, electrical, roof) are not provided, necessitating thorough due diligence.
High Operational & Maintenance Demands: As a multi-unit lodge with event potential on a large lot, the property inherently requires active management and significant ongoing operational and maintenance oversight.

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