42518 Gold Rush Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 8 bath

42518 Gold Rush Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$1,450,000
42518 Gold Rush Drive, Big Bear Lake, California 92315
5Beds
8Baths
2,719Sqft
28,100Lot

Price Vs. Estimate

The estimated value ($1,376,481.61) is $73,518.39 (5%) lower than the list price ($1,450,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Privacy: The home backs to a permanent open space easement, offering unparalleled tranquility and privacy within the highly sought-after Eagle Mountain Estates neighborhood.
Top Cons:
Extended Market Time & Price Adjustment: The property has been on the market for nearly a year and has undergone a price reduction from its original listing, which may suggest initial overpricing or challenges in attracting offers.

Compared to the nearby listings

Price:$1.45M vs avg $640.0K (+$810,050)93%
Size:2,719 sqft vs avg 1,738 sqft84%
Price/sqft:$533 vs avg $39689%

More Insights

Built in 1996 (29 years old).
Condition: Built in 1996, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern stainless steel appliances, granite countertops, and a stylish mosaic backsplash. Bathrooms boast contemporary tiled showers with glass enclosures and updated vanities. The consistent wood-look tile flooring throughout, modern light fixtures, and overall well-maintained condition make this home move-in ready with no immediate renovations required. The log cabin aesthetic is well-executed and appears fresh, not dated.
Year Built
1996
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
EV24197563
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

HOME BACKS TO A PERMANENT OPEN SPACE EASEMENT!! TRANQUILITY, PRIVACY & LUXURIOUS LOCATION is probably the best way to describe this home!! Home is located in one of the best neighborhoods in the whole Big Bear Valley- EAGLE MOUNTAIN ESTATES!!! Home features 5 bedrooms ( each bedroom has its own bathroom ) and 8 bathrooms which allows many possibilities for large crowds for their convenience and enjoyment. Tile flooring throughout for more durability and resistance. Log accents throughout make this home look and feel like a true cabin in the woods!! Enjoy your cup of coffee from the deck enjoying the very nice scenery with the utmost peace and quiet. This home is one of a kind, don't wait too long, it won't last!!!!

Nearby schools

2/10
Big Bear Elementary School
Public,K-62.1mi
3/10
Big Bear Middle School
Public,7-81.7mi
6/10
Big Bear High School
Public,9-122.8mi
Condition Rating
Good

Built in 1996, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern stainless steel appliances, granite countertops, and a stylish mosaic backsplash. Bathrooms boast contemporary tiled showers with glass enclosures and updated vanities. The consistent wood-look tile flooring throughout, modern light fixtures, and overall well-maintained condition make this home move-in ready with no immediate renovations required. The log cabin aesthetic is well-executed and appears fresh, not dated.
Pros & Cons

Pros

Exceptional Location & Privacy: The home backs to a permanent open space easement, offering unparalleled tranquility and privacy within the highly sought-after Eagle Mountain Estates neighborhood.
High Bedroom-to-Bathroom Ratio: With 5 bedrooms, each featuring its own private bathroom, and a total of 8 bathrooms, the property is exceptionally well-suited for large groups, extended families, or potential vacation rental income.
Rustic Charm & Durable Finishes: The property boasts authentic log accents throughout, creating a true cabin-in-the-woods ambiance, complemented by durable and resistant tile flooring.
Scenic Views & Outdoor Living: Enjoy very nice scenery and utmost peace and quiet from the deck, enhanced by a substantial 28,100 sqft lot size and desirable 'Trees/Woods' view.
Strong Rental Potential: The spacious layout, numerous en-suite bathrooms, and desirable Big Bear Lake location make this property highly attractive for short-term vacation rentals, offering significant income potential.

Cons

Extended Market Time & Price Adjustment: The property has been on the market for nearly a year and has undergone a price reduction from its original listing, which may suggest initial overpricing or challenges in attracting offers.
Lower-Rated Local Schools: The elementary and middle schools in the district have relatively low ratings (2 and 3 respectively), which could be a significant drawback for families with school-aged children.
Limited Detail on Modern Upgrades: While described as 'luxurious,' the property description lacks specific details on modern high-end amenities, smart home features, or recent major renovations beyond flooring and log accents, which buyers might expect for a 1996 build at this price point.

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