42574 Gold Rush Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 3 bath

42574 Gold Rush Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$995,000
42574 Gold Rush Drive, Big Bear Lake, California 92315
4Beds
3Baths
2,732Sqft
27,970Lot

Price Vs. Estimate

The estimated value ($995,000) is $0 (0%) lower than the list price ($995,000). 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 = 27970, living area = 2732.
Top Cons:
Requires Cosmetic Updates: The property is described as 'ready for a new owner to spruce it up,' indicating potential for additional investment in cosmetic upgrades or personalization.

Compared to the nearby listings

Price:$995.0K vs avg $640.0K (+$355,050)79%
Size:2,732 sqft vs avg 1,738 sqft84%
Price/sqft:$364 vs avg $39533%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is 19 years old, placing it within the 'good' category's age range. The kitchen features stainless steel appliances, granite countertops, and wood cabinetry, which are well-maintained and functional, though reflective of its original build year rather than a recent modern update. Bathrooms also appear clean and functional with standard fixtures and finishes from the same period. While the description mentions it's 'ready for a new owner to spruce it up,' suggesting cosmetic updates, there are no indications of immediate major repairs or system replacements needed. The wood laminate and carpet flooring are in decent condition, with some carpet showing minor wear. Overall, the home is move-in ready with systems likely within their expected lifespan, aligning with the 'good' condition criteria.
Year Built
2005
Close
-
List price
$995K
Original List price
$1.08M
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
PW25176323
Home ConditionGood
Features
Good View: Mountain(s), Trees/Woods
Deck
Patio
ViewMountain(s), Trees/Woods

About this home

Nestled back from the street, this Eagle Mountain Estate Home sits on a large lot ideally situated to be a tranquil retreat from the hustle and bustle of city life. Custom built from the ground up in 2005 by original owner. Wrap around covered deck. Wood laminate floors throughout. Carpet in bedrooms and stairway. Spacious ground floor primary suite with walk-in closet leading to a sunroom where one can observe the natural wonder this lot has to offer. Well appointed kitchen with island, and additional sink next to oven. Open to Family/dining room with decorative wood burning oven to add a touch of classic charm to this living space. Large living room with fireplace and high ceilings. Laundry area on ground floor. Oversized 2 car garage with long driveway. Upstairs there are 3 bedrooms, one with private patio. Lots of storage space. Loved for many years by one owner. Ready for a new owner to spruce it up & make it their happy place for many years to come.

Nearby schools

2/10
Big Bear Elementary School
Public,K-62.2mi
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 2005, this property is 19 years old, placing it within the 'good' category's age range. The kitchen features stainless steel appliances, granite countertops, and wood cabinetry, which are well-maintained and functional, though reflective of its original build year rather than a recent modern update. Bathrooms also appear clean and functional with standard fixtures and finishes from the same period. While the description mentions it's 'ready for a new owner to spruce it up,' suggesting cosmetic updates, there are no indications of immediate major repairs or system replacements needed. The wood laminate and carpet flooring are in decent condition, with some carpet showing minor wear. Overall, the home is move-in ready with systems likely within their expected lifespan, aligning with the 'good' condition criteria.
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 = 27970, living area = 2732.
Tranquil Mountain Retreat: Nestled back from the street on a large lot, this Eagle Mountain Estate offers a serene and tranquil escape from city life.
Custom Build & Modern Construction: Custom built in 2005 by the original owner, ensuring quality construction and a relatively modern foundation.
Extensive Outdoor Living: Features a wrap-around covered deck and a private patio, providing ample space for outdoor enjoyment and appreciating the natural surroundings.
Spacious & Well-Appointed Interior: Includes a ground floor primary suite with a sunroom, a well-appointed kitchen with an island, and a large living room with high ceilings and a fireplace.
Practical Amenities & Views: Offers convenient ground-floor laundry, an oversized 2-car garage, abundant storage, and scenic mountain and wooded views.

Cons

Requires Cosmetic Updates: The property is described as 'ready for a new owner to spruce it up,' indicating potential for additional investment in cosmetic upgrades or personalization.
Recent Price Reductions: Multiple price reductions from the original list price suggest potential market resistance or initial overpricing, which may impact perceived value.
Mixed School Ratings: While high school ratings are decent, the local elementary and middle schools have lower ratings, which could be a consideration for families with younger children.

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