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42690 Edgehill Place, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

42690 Edgehill Place, Big Bear Lake, California 92315 home-pic-0
ACTIVE$1,075,000
42690 Edgehill Place, Big Bear Lake, California 92315
3Beds
2Baths
2,040Sqft
11,000Lot

Price Vs. Estimate

The estimated value ($728,368.425) is $346,631.575 (32%) lower than the list price ($1,075,000). 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 = 11000, living area = 2040.
Top Cons:
Significant Overpricing: The current listing price of $1,075,000 is substantially higher than the estimated property value of $728,368, indicating it may be significantly overpriced compared to market comparables.

Compared to the nearby listings

Price:$1.07M vs avg $640.0K (+$435,050)86%
Size:2,040 sqft vs avg 1,738 sqft69%
Price/sqft:$527 vs avg $39689%

More Insights

Built in 2001 (24 years old).
Condition: The property, built in 2001, is well-maintained and features a consistent rustic log-style aesthetic with high beamed ceilings and fine woodwork. While the description mentions a 'gourmet kitchen' with 'stone countertops' and 'stainless steel appliances,' the images reveal tile countertops in both the kitchen and bathrooms, and the kitchen's built-in oven and microwave are black, not stainless steel. These elements, along with the standard bathroom fixtures, appear dated and are likely original to the 2001 build or from an older renovation (15-20+ years ago). The property is functional and move-in ready, but the key areas of the kitchen and bathrooms show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
2001
Close
-
List price
$1.07M
Original List price
$1.15M
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
RW24232552
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
Spa
ViewMountain(s), Neighborhood, Trees/Woods

About this home

Experience mountain charm in this single-story cabin in prestigious Castle Glen Estates. With sweeping views, this custom log-style home offers tranquility. It features three bedrooms, two baths, including a master suite and updated guest rooms. The cozy living room boasts a large fireplace and comfy sectional, ideal for relaxing evenings. Step onto the expansive back deck to enjoy new landscaping, a Jacuzzi, and a fire pit—perfect for scenic views. Designed for entertainment, it has a spacious deck with a gas BBQ grill for hosting in the pine-covered landscape. The gourmet kitchen includes custom cabinetry, stone countertops, stainless steel appliances, and hardwood floors. High beamed ceilings and fine woodwork throughout add rustic elegance. A laundry room and smart house features like remote Wi-Fi access increase convenience. The converted garage is now a game room with ping-pong, basketball arcade, foosball, and classic games like Galaga and Ms. Pacman, alongside a sectional sofa and Roku TV for gaming. A short drive from Snow Summit, Bear Mountain Ski Resort, Big Bear Snow Play, and trails, this home is perfect for outdoor lovers. Designer furnishings are negotiable, enhancing this must-see home. Rental Projections at $61,000 annual.

Nearby schools

2/10
Big Bear Elementary School
Public,•K-6•2.5mi
3/10
Big Bear Middle School
Public,•7-8•2.0mi
6/10
Big Bear High School
Public,•9-12•2.7mi
Condition Rating
Fair
The property, built in 2001, is well-maintained and features a consistent rustic log-style aesthetic with high beamed ceilings and fine woodwork. While the description mentions a 'gourmet kitchen' with 'stone countertops' and 'stainless steel appliances,' the images reveal tile countertops in both the kitchen and bathrooms, and the kitchen's built-in oven and microwave are black, not stainless steel. These elements, along with the standard bathroom fixtures, appear dated and are likely original to the 2001 build or from an older renovation (15-20+ years ago). The property is functional and move-in ready, but the key areas of the kitchen and bathrooms show signs of being outdated, aligning with the 'Fair' 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 = 11000, living area = 2040.
Prime Location & Access: Located in prestigious Castle Glen Estates, the property offers convenient access to major attractions like Snow Summit, Bear Mountain Ski Resort, Big Bear Snow Play, and various trails, ideal for outdoor enthusiasts.
Extensive Entertainment Features: The property boasts a converted garage into a game room with multiple activities, an expansive back deck featuring new landscaping, a Jacuzzi, a fire pit, and a gas BBQ grill, perfect for entertaining.
Charming Log-Style Architecture & High-End Finishes: This custom log-style home showcases rustic elegance with high beamed ceilings, fine woodwork throughout, and a gourmet kitchen equipped with custom cabinetry, stone countertops, stainless steel appliances, and hardwood floors.
Scenic Views & Outdoor Living: Enjoy sweeping views of mountains, neighborhood, and trees/woods from the property, complemented by a spacious deck designed for relaxation and hosting in a pine-covered landscape.
Strong Rental Income Potential: The property comes with attractive rental projections of $61,000 annually, highlighting its potential as a lucrative investment or vacation rental.

Cons

Significant Overpricing: The current listing price of $1,075,000 is substantially higher than the estimated property value of $728,368, indicating it may be significantly overpriced compared to market comparables.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a notable disadvantage for comfort during warmer periods, especially when compared to some updated comparable properties that include AC.
Lower Bathroom Count Compared to Comps: With 3 bedrooms and only 2 bathrooms, the property offers fewer bathrooms than several comparable properties in the area, which often feature 3 or more, potentially impacting its appeal to larger groups or renters.

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