42834 Sonoma Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

42834 Sonoma Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$598,000
42834 Sonoma Drive, Big Bear Lake, California 92315
3Beds
2Baths
1,318Sqft
4,814Lot

Price Vs. Estimate

The estimated value ($241,888.73) is $356,111.27 (59%) lower than the list price ($598,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Nestled in the heart of Lower Moonridge, one of Big Bear's most desirable locations, the property is just minutes from the Zoo, Ski Resorts, Golf Course, National Forest, Biking and Hiking Trails, Restaurants, and Shopping, offering excellent access to local attractions.
Top Cons:
Significant Overpricing/Valuation Discrepancy: The current listing price of $598,000 is substantially higher than the estimated market value of $241,888.73, indicating a potential overpricing issue that could hinder marketability and sale velocity.

Compared to the nearby listings

Price:$598.0K vs avg $637.5K ($-39,450)44%
Size:1,318 sqft vs avg 1,714 sqft33%
Price/sqft:$454 vs avg $39672%

More Insights

Built in 1958 (67 years old).
Condition: The property was built in 1958, making it 66 years old. While it appears maintained, the interior shows signs of being outdated. The kitchen features traditional wood cabinets, what appears to be laminate countertops, and white appliances, suggesting a renovation that is likely 15-25 years old rather than recent. Bathrooms also appear functional but dated. Flooring is a mix of older-style wood laminate, carpet, and tile. Light fixtures are basic and not modern. The home is aged but functional, requiring minor updates to bring it to current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
1958
Close
-
List price
$598K
Original List price
$675K
Price/Sqft
$454
HOA
-
Days on market
-
Sold On
-
MLS number
SR25060844
Home ConditionFair
Features
Good View: Hills, Trees/Woods
Deck
ViewHills, Trees/Woods

About this home

Location... Location... Location, this beautifully 3 bedroom, 2 bath cabin nestled in the heart of Lower Moonridge, one of Big Bears most desirable locations. Just minutes from the Zoo, Ski Resorts, Golf Course, National Forest, Biking and Hiking Trails, Restaurants, and Shopping, this mountain retreat offers the perfect balance of adventure and relaxation. The spacious open concept design features an open space living for added comfort, while the Seven Parking Spaces, 3 At the front of the property and 4 in the back, creates plenty of room for guests. Currently operating as Second home, also can be turned into a successful short-term rental, this cabin presents an excellent investment opportunity or a perfect personal getaway. The back door connects with the parking area making it easy for grocery shopping or if visiting with a family member that needs handy a cap access, plenty of back yard to play with the kids or have a nice barbecue.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-62.2mi
2/10
Big Bear Elementary School
Public,K-62.3mi
3/10
Big Bear Middle School
Public,7-82.0mi
6/10
Big Bear High School
Public,9-122.5mi
Condition Rating
Fair

The property was built in 1958, making it 66 years old. While it appears maintained, the interior shows signs of being outdated. The kitchen features traditional wood cabinets, what appears to be laminate countertops, and white appliances, suggesting a renovation that is likely 15-25 years old rather than recent. Bathrooms also appear functional but dated. Flooring is a mix of older-style wood laminate, carpet, and tile. Light fixtures are basic and not modern. The home is aged but functional, requiring minor updates to bring it to current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location: Nestled in the heart of Lower Moonridge, one of Big Bear's most desirable locations, the property is just minutes from the Zoo, Ski Resorts, Golf Course, National Forest, Biking and Hiking Trails, Restaurants, and Shopping, offering excellent access to local attractions.
Versatile Use & Investment Potential: Currently operating as a second home, this cabin can easily be converted into a successful short-term rental, presenting an excellent investment opportunity or a perfect personal getaway.
Ample Parking & Accessibility: The property boasts seven parking spaces (3 front, 4 back), providing plenty of room for guests, with a back door connecting directly to the parking area for convenient grocery access or handicap accessibility.
Open Concept Design: The spacious open concept design features an open living space, enhancing comfort and providing a modern, airy feel ideal for gatherings.
Scenic Views & Outdoor Space: The property offers pleasant views of hills and trees/woods, complemented by a generous backyard perfect for children's play or outdoor barbecues, enhancing the mountain retreat experience.

Cons

Significant Overpricing/Valuation Discrepancy: The current listing price of $598,000 is substantially higher than the estimated market value of $241,888.73, indicating a potential overpricing issue that could hinder marketability and sale velocity.
Age and Lack of Explicit Modern Updates: Built in 1958, the property's age, coupled with the absence of explicit mentions of recent major renovations (e.g., updated kitchen/baths, new windows, roof, or systems) in the description, suggests it may require significant investment to meet current buyer expectations or compete with more recently updated properties.
Limited Premium Outdoor Amenities: While offering a backyard, the property description does not highlight premium outdoor amenities such as a hot tub, extensive decking, or professional landscaping, which are often sought after in the Big Bear vacation rental market and are present in several comparable properties.

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