42560 Falcon Avenue, Big Bear, California 92315, Big Bear, 92315 - 3 bed, 2 bath

42560 Falcon Avenue, Big Bear, California 92315 home-pic-0
ACTIVE$499,000
42560 Falcon Avenue, Big Bear, California 92315
3Beds
2Baths
1,238Sqft
8,750Lot

Price Vs. Estimate

The estimated value ($418,513.15) is $80,486.85 (16%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8750, living area = 1238.
Top Cons:
Compact Interior Space: At 1238 sqft for a 3-bedroom home, the interior living space is relatively compact, which might limit appeal for larger families or those desiring more expansive rooms.

Compared to the nearby listings

Price:$499.0K vs avg $637.5K ($-138,450)29%
Size:1,238 sqft vs avg 1,714 sqft29%
Price/sqft:$403 vs avg $39654%

More Insights

Built in 1994 (31 years old).
Condition: Built in 1994, this property is 30 years old. The kitchen features dated oak cabinetry, and the carpets throughout the living areas and bedrooms appear visibly worn and stained, indicating a need for immediate replacement. While the property is functional, the overall aesthetic and condition of key areas like the kitchen and flooring suggest it has not undergone major renovations since construction and requires minor updates to modernize and refresh its appearance.
Year Built
1994
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$403
HOA
-
Days on market
-
Sold On
-
MLS number
25535877
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Spa
ViewMountain(s)

About this home

Excellent opportunity to own a 3 bedroom, 2 bathroom custom-built house in Big Bear Lake. This well-designed property features an open floor plan, tile and carpet flooring, and a cozy fireplace, creating a warm and inviting atmosphere. The fully fenced backyard ensures privacy, while the rear wooden deck and outdoor hot tub offer a perfect space for relaxation. Additional highlights include an attached two car garage and extra storage space beneath the home. Ideally situated between ski resorts and within walking distance of the Big Bear Alpine Zoo and various shops, this home is perfect as a primary residence, vacation retreat, or an income generating rental property for both short and long term stays.

Nearby schools

2/10
Big Bear Elementary School
Public,K-62.0mi
4/10
Baldwin Lane Elementary School
Public,K-62.5mi
3/10
Big Bear Middle School
Public,7-81.6mi
6/10
Big Bear High School
Public,9-122.8mi
Condition Rating
Fair

Built in 1994, this property is 30 years old. The kitchen features dated oak cabinetry, and the carpets throughout the living areas and bedrooms appear visibly worn and stained, indicating a need for immediate replacement. While the property is functional, the overall aesthetic and condition of key areas like the kitchen and flooring suggest it has not undergone major renovations since construction and requires minor updates to modernize and refresh its appearance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8750, living area = 1238.
Versatile Investment Potential: The property is ideal as a primary residence, vacation retreat, or an income-generating rental property for both short and long term stays, appealing to a broad range of buyers.
Prime Location: Ideally situated between ski resorts and within walking distance of the Big Bear Alpine Zoo and various shops, offering excellent accessibility to local attractions.
Outdoor Living & Privacy: Features a fully fenced backyard for privacy, a rear wooden deck, and an outdoor hot tub, providing perfect spaces for relaxation and entertainment.
Functional Interior Design: Boasts an open floor plan and a cozy fireplace, creating a warm and inviting atmosphere suitable for mountain living.
Practical Amenities: Includes an attached two-car garage and extra storage space beneath the home, adding significant convenience and utility.

Cons

Compact Interior Space: At 1238 sqft for a 3-bedroom home, the interior living space is relatively compact, which might limit appeal for larger families or those desiring more expansive rooms.
Mixed Flooring: The presence of carpet flooring, while contributing to a cozy feel, may be a drawback for some buyers due to maintenance preferences or allergy concerns, especially in a rental property.
Absence of Cooling System: The property description highlights a fireplace for warmth but does not mention any cooling system, which could be a comfort concern during warmer months.

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