43114 Monterey Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

43114 Monterey Street, Big Bear Lake, California 92315 home-pic-0
ACTIVE$439,000
43114 Monterey Street, Big Bear Lake, California 92315
3Beds
2Baths
970Sqft
8,100Lot

Price Vs. Estimate

The estimated value ($428,920.635) is $10,079.365 (2%) lower than the list price ($439,000). 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 = 8100, living area = 970.
Top Cons:
Age of Property: Built in 1971, the property's age may suggest potential for older systems or future maintenance requirements not explicitly addressed.

Compared to the nearby listings

Price:$439.0K vs avg $637.5K ($-198,450)23%
Size:970 sqft vs avg 1,714 sqft16%
Price/sqft:$453 vs avg $39672%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property is over 50 years old. While the basement has been recently remodeled with a more modern bathroom and flooring, the main kitchen features older white appliances, traditional wood cabinets, and dated butcher block style countertops. The upstairs bathroom also shows its age with an older tiled vanity and tub with sliding glass doors. The property is well-maintained and cosmetically appealing with its mountain decor and vaulted ceilings, but the kitchen and main bathroom are significantly outdated and would require updates to meet modern standards. Heating is provided by wall heaters, not a central HVAC system.
Year Built
1971
Close
-
List price
$439K
Original List price
$450K
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
IG25149975
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
ViewMountain(s), Neighborhood

About this home

Moonridge Chalet with Mountain Charm. Nice Ski Slope Views...Sellers are open to look at all offers... This cabin is tastefully decorated to the "T" with all the the cutest mountain decor. Features 2 bedroom and 1 bath upstairs in the main cabin 720 s/f and 1 bedroom 1 bath in the remodeled basement to a fully living 3rd bedroom 2nd bath, done with permits, adding 250 s/f. Laundry closet in the remodeled area including washer dryer stack-able units. Main cabin features vaulted open beam ceiling with and each room having a ceiling fan. Extra large wrap around deck with view of the ski slopes and mountains. Cabin sits back from the road on a 8100 s/f fully fenced lot. Buyer to verify all s/f and permits. Please check out the video walk thru

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-61.8mi
2/10
Big Bear Elementary School
Public,K-62.7mi
3/10
Big Bear Middle School
Public,7-82.3mi
6/10
Big Bear High School
Public,9-122.1mi
Condition Rating
Fair

Built in 1971, this property is over 50 years old. While the basement has been recently remodeled with a more modern bathroom and flooring, the main kitchen features older white appliances, traditional wood cabinets, and dated butcher block style countertops. The upstairs bathroom also shows its age with an older tiled vanity and tub with sliding glass doors. The property is well-maintained and cosmetically appealing with its mountain decor and vaulted ceilings, but the kitchen and main bathroom are significantly outdated and would require updates to meet modern standards. Heating is provided by wall heaters, not a central HVAC system.
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 = 8100, living area = 970.
Ski Slope and Mountain Views: The property offers desirable ski slope and mountain views, a key attraction for Big Bear Lake properties, enhanced by an extra-large wrap-around deck.
Permitted Basement Remodel: A fully living 3rd bedroom and 2nd bath have been added in the basement with permits, significantly increasing functional living space and value.
Charming, Turnkey Interior: The cabin is tastefully decorated with mountain decor and features vaulted open beam ceilings, offering a charming and ready-to-enjoy aesthetic.
Generous, Private, Fenced Lot: Situated on an 8100 sq/ft fully fenced lot, set back from the road, providing privacy, outdoor space, and security.
Expansive Outdoor Living Space: An extra-large wrap-around deck provides ample space for outdoor enjoyment, entertaining, and taking in the scenic views.

Cons

Age of Property: Built in 1971, the property's age may suggest potential for older systems or future maintenance requirements not explicitly addressed.
Compact Interior Square Footage: With 970 sq/ft for 3 bedrooms and 2 bathrooms, the interior living space is relatively compact, which might limit appeal for buyers seeking more spacious accommodations.
Recent Price Reduction: The property has undergone a recent price reduction from $449,900 to $439,000, which could indicate initial overpricing or market resistance.

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