42540 Cedar Avenue, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath
42540 Cedar Avenue
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 42540 Cedar Avenue, Big Bear Lake, California 92315 reveals a property with a current list price of $419,950, which is 4% above the estimated $402,850 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42540 Cedar Avenue Subject | $419,950* List Price | 2 | 1 | 660 | $610 | - |
A 42673 Peregrine Avenue Active | $425,000 List Price | 2 | 1 | 800 | $531 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1962, this property has undergone a recent and extensive renovation, as explicitly stated in the listing description and confirmed by the images. The kitchen features brand-new white shaker cabinets, butcher block countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is also pristine with a new vanity and subway tile. New flooring, modern light fixtures, fresh paint, and newer essential systems (heater and water heater) contribute to a virtually new, turnkey condition, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Recreational Location
The property is ideally situated less than a mile from Snow Summit, offering excellent access to winter sports and mountain activities, enhancing its appeal as a vacation rental or personal retreat.
- Extensive Turnkey Remodel
Every detail has been meticulously updated, including new flooring, a brand-new kitchen with new appliances, an updated bathroom, fresh paint, and a newly paved driveway/walkway, providing a truly turnkey experience for buyers.
- Modernized Essential Systems
The cabin features a newer heater and water heater, ensuring comfort and reducing immediate maintenance concerns for critical utilities.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 660 sq ft, the cabin offers limited living space, which may not be suitable for larger families or extended stays, potentially narrowing the buyer pool.
- Original Construction Age
Built in 1962, the underlying structure is over 60 years old. While extensively remodeled, potential buyers may have concerns about the integrity of older foundational elements not addressed in cosmetic updates.
- Listing Price Above Estimated Value
The current listing price of $419,950 is approximately 4% higher than the estimated property value of $402,850, which could indicate it is priced at the upper end of market expectations.
About 42540 Cedar Avenue
Cozy Mountain Cabin: Your Turnkey Retreat Awaits! Escape to your perfect mountain getaway in this charming, recently remodeled cabin, ideally situated less than a mile from Snow Summit! Every detail has been meticulously updated, offering a truly turnkey experience for relaxation and adventure. Step inside and be greeted by vaulted ceilings that enhance the spacious feel of this 660 sq ft gem. The all-new flooring creates a seamless flow throughout the inviting living space. The brand-new kitchen is a delight, boasting new appliances that are ready for your culinary creations. This cozy cabin features two comfortable bedrooms and a pristine, updated bathroom. Enjoy peace of mind with a newer heater and water heater, ensuring comfort in all seasons. The exterior is just as impressive as the interior, with fresh paint that enhances its curb appeal. An outdoor deck provides the perfect spot for morning coffee or evening stargazing, surrounded by the tranquility of nature. The convenience of a newly paved driveway and walkway adds to the ease of mountain living. Nestled on a double-sized 5,000 sq ft lot, you'll have ample space for outdoor enjoyment. With its prime location and extensive upgrades, this cabin is an exceptional opportunity to own your slice of mountain paradise. Don't miss out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Big Bear Elementary School
Grades K-6 • 2.0 mi
Baldwin Lane Elementary School
Grades K-6 • 2.6 mi
Big Bear Middle School
Grades 7-8 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 660 | 1,716 | 5% |
| Lot Size | 5,000 | 8,167 | 15% |
| Price | $419.9K | $647.0K | 19% |
| Price per sq ft | $636 | $393 | 95% |
| Built year | 1962 | 1977 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 215 | 9% |
Pricing History
Listed for Sale
Nov 24, 2025
$419,950
Initial Listing
Sold
Nov 1, 2021
$325,000
Public Record
Sold
Sep 3, 1999
$70,000
Public Record