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43390 Bow Canyon Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

43390 Bow Canyon Road, Big Bear Lake, California 92315 home-pic-0
ACTIVE$565,000
43390 Bow Canyon Road, Big Bear Lake, California 92315
3Beds
2Baths
1,152Sqft
8,400Lot

Price Vs. Estimate

The estimated value ($246,740.24) is $318,259.76 (56%) lower than the list price ($565,000). 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 = 8400, living area = 1152.
Top Cons:
Significant Valuation Discrepancy: The current listing price is substantially higher (56% above) the estimated property value, indicating potential overpricing or a need for strong justification of value.

Compared to the nearby listings

Price:$565.0K vs avg $637.5K ($-72,450)39%
Size:1,152 sqft vs avg 1,714 sqft26%
Price/sqft:$490 vs avg $39678%

More Insights

Built in 1979 (46 years old).
Condition: The property, built in 1979, is described as 'move-in ready' with several 'recent upgrades' including quartz kitchen countertops, a high-efficiency heater, and a renovated deck and foundation. While the kitchen features modern countertops, the cabinets appear to be an older wood style and the appliances are white and visibly dated. The living area has updated wood-look flooring. Despite some older elements, the significant recent upgrades to key systems and surfaces, along with its well-maintained and furnished status, place it firmly in the 'good' category, indicating it's functional and comfortable without immediate renovation needs.
Year Built
1979
Close
-
List price
$565K
Original List price
$589K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
PW24150973
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

This cabin is move-in ready and primed for income generation! Approved and licensed for short-term rentals, this charming A-frame chalet in Moonridge offers a prime location near the forest, Bear Mountain Ski Resort, and a golf course. Imagine enjoying your morning beverage while taking in breathtaking views from this turnkey property, which boasts recent upgrades, including a renovated deck and foundation, quartz kitchen countertops, and a high-efficiency heater. The living room's warm wood-look floors and freestanding wood-burning fireplace create a cozy atmosphere in the open space. The craftsmanship shines through in the spacious, open floor plan with tall, vaulted ceilings and a balcony perfect for grilling and entertaining. With three large bedrooms, two bathrooms, and a convenient laundry area, this fully furnished retreat also includes a substantial storage shed. Experience the serenity and comfort of this mountain escape—schedule your showing today!

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•1.9mi
2/10
Big Bear Elementary School
Public,•K-6•3.1mi
3/10
Big Bear Middle School
Public,•7-8•2.8mi
6/10
Big Bear High School
Public,•9-12•2.0mi
Condition Rating
Good
The property, built in 1979, is described as 'move-in ready' with several 'recent upgrades' including quartz kitchen countertops, a high-efficiency heater, and a renovated deck and foundation. While the kitchen features modern countertops, the cabinets appear to be an older wood style and the appliances are white and visibly dated. The living area has updated wood-look flooring. Despite some older elements, the significant recent upgrades to key systems and surfaces, along with its well-maintained and furnished status, place it firmly in the 'good' category, indicating it's functional and comfortable without immediate renovation needs.
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 = 8400, living area = 1152.
Income Generation Potential: Explicitly approved and licensed for short-term rentals, making it an attractive investment property primed for income generation.
Prime Recreational Location: Situated in Moonridge near the forest, Bear Mountain Ski Resort, and a golf course, offering excellent year-round recreational access.
Recent Key Upgrades & Turnkey: Boasts recent upgrades including a renovated deck, foundation, quartz kitchen countertops, and a high-efficiency heater, presented as move-in ready and fully furnished.
Charming A-Frame Aesthetics: Features a desirable A-frame design with tall, vaulted ceilings, wood-look floors, and a freestanding wood-burning fireplace, creating a cozy mountain ambiance.
Mountain Views & Outdoor Space: Offers breathtaking mountain views and a balcony perfect for grilling and entertaining, enhancing the outdoor living experience.

Cons

Significant Valuation Discrepancy: The current listing price is substantially higher (56% above) the estimated property value, indicating potential overpricing or a need for strong justification of value.
Older Property Age: Built in 1979, the property is over 40 years old, which may raise concerns about the age of unmentioned systems or require more frequent maintenance compared to newer homes.
Modest Interior Space: With 1152 sqft for three bedrooms, the interior living space is relatively compact, which might be a limitation for larger groups or those seeking more expansive accommodations.

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