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42665 Peregrine Avenue, Big Bear, California 92315, Big Bear, 92315 - 3 bed, 2 bath

42665 Peregrine Avenue, Big Bear, California 92315 home-pic-0
ACTIVE$709,000
42665 Peregrine Avenue, Big Bear, California 92315
3Beds
2Baths
2,024Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($512,905.385) is $196,094.615 (27%) lower than the list price ($709,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location: Situated between Bear Mountain and Snow Summit Ski Resorts, with walking distance to the Moonridge corridor and a short distance to Big Bear Village, offering prime access to area attractions.
Top Cons:
Substantial Price Discrepancy: The current list price of $709,000 is significantly higher than the property's estimated value of $512,905, potentially indicating an overvaluation that could deter buyers or prolong market time.

Compared to the nearby listings

Price:$709.0K vs avg $640.0K (+$69,050)63%
Size:2,024 sqft vs avg 1,738 sqft69%
Price/sqft:$350 vs avg $39526%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this home shows signs of regular upkeep and some updates, such as the newly installed AC unit. However, the kitchen features dated light wood cabinets, black laminate countertops, and white appliances, suggesting a renovation that occurred 15-30 years ago rather than a recent modern update. While functional and well-maintained, the property would benefit from minor cosmetic updates, particularly in the kitchen, to align with current styles and preferences.
Year Built
1963
Close
-
List price
$709K
Original List price
$799K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
219119884DA
Home ConditionFair
Features
Spa
Patio
View-

About this home

Nestled between the scenic Bear Mountain and Snow Summit Ski Resorts, this charming 3-bedroom, 2-bathroom home in lower Moonridge offers the perfect blend of comfort and convenience. Just a short distance from the Big Bear Village and within walking distance to the Moonridge corridor, you'll have easy access to all the area has to offer. The spacious master suite and second bedroom are conveniently located on the main level, while the third bedroom offers additional space upstairs. Beautiful hardwood floors, carpet and slate flow throughout the home, adding warmth and character to the open layout. The inviting backyard is ready for entertaining, featuring a BBQ area and a hot tub so you can relax after a day of outdoor activities. Additional highlights include a rare, newly installed AC unit, providing comfort throughout the year, and an extra storage unit out back for all your gear and equipment. Whether you're seeking a cozy family retreat or an investment property to generate rental income, this home is the perfect choice for making lasting memories in Big Bear.

Nearby schools

2/10
Big Bear Elementary School
Public,•K-6•2.1mi
4/10
Baldwin Lane Elementary School
Public,•K-6•2.4mi
3/10
Big Bear Middle School
Public,•7-8•1.8mi
6/10
Big Bear High School
Public,•9-12•2.7mi
Condition Rating
Fair
Built in 1963, this home shows signs of regular upkeep and some updates, such as the newly installed AC unit. However, the kitchen features dated light wood cabinets, black laminate countertops, and white appliances, suggesting a renovation that occurred 15-30 years ago rather than a recent modern update. While functional and well-maintained, the property would benefit from minor cosmetic updates, particularly in the kitchen, to align with current styles and preferences.
Pros & Cons

Pros

Exceptional Location: Situated between Bear Mountain and Snow Summit Ski Resorts, with walking distance to the Moonridge corridor and a short distance to Big Bear Village, offering prime access to area attractions.
Desirable Outdoor Amenities: Features an inviting backyard with a BBQ area and hot tub, perfect for relaxation and entertaining after outdoor activities.
Modern Comfort (AC): Includes a rare, newly installed AC unit, providing year-round comfort which is a significant advantage in mountain climates.
Strong Investment Potential: Explicitly marketed as suitable for generating rental income, appealing to investors or those seeking a secondary income stream.
Practical Layout & Storage: Offers a convenient main-level master suite and second bedroom, plus an additional storage unit, enhancing livability and utility.

Cons

Substantial Price Discrepancy: The current list price of $709,000 is significantly higher than the property's estimated value of $512,905, potentially indicating an overvaluation that could deter buyers or prolong market time.
Older Construction Year: Built in 1963, the property's age may raise concerns about potential maintenance needs or the condition of unseen systems, despite described updates.
Undefined Subdivision: The 'Not Applicable-1' subdivision name could imply a lack of specific community features or a less established neighborhood identity, which some buyers might prefer.

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