440 E Meadow Lane, Big Bear City, California 92314, Big Bear City, 92314 - 1 bed, 1 bath
ACTIVE$289,999
440 E Meadow Lane, Big Bear City, California 92314
1Bed
1Bath
480Sqft
2,500Lot
Price Vs. Estimate
The estimated value ($203,663.355) is $86,335.645 (29%) lower than the list price ($289,999). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Recreational Location: Situated in Big Bear City, the property offers immediate access to popular amenities such as the lake, fishing, and hiking, making it highly attractive for outdoor enthusiasts or as a vacation rental.
Top Cons:
Extremely Small Living Area: With only 480 sqft, 1 bedroom, and 1 bathroom, the living space is exceptionally compact, significantly limiting its functionality and appeal to a very narrow buyer demographic.
Compared to the nearby listings
Price:$290.0K vs avg $415.0K ($-125,001)13%
Size:480 sqft vs avg 1,296 sqft2%
Price/sqft:$604 vs avg $35198%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property is over 50 years old. The listing description explicitly states 'Home has endless potentials' and the property analysis highlights 'Age and Potential for Extensive Updates,' indicating significant rehabilitation is required. The exterior images show a cluttered and unkempt property with visible wear and tear, suggesting substantial deferred maintenance. The absence of interior photos strongly implies that the kitchen, bathroom, and other internal components are in very outdated and poor condition, necessitating major renovations and likely replacement of major systems to meet current standards and comfort.
Year Built
1973
Close
-
List price
$290K
Original List price
$290K
Price/Sqft
$604
HOA
-
Days on market
-
Sold On
-
MLS number
CV24195030
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Welcome to this lovely home in Big Bear. Home sits on (approx) 2,500 sqft with 1bed and 1bathroom and much more. Enjoy the nearby amenities;Lake, fishing, hiking and much more . Home has endless potentials....Make this you dream home today.
Condition Rating
Poor
Built in 1973, this property is over 50 years old. The listing description explicitly states 'Home has endless potentials' and the property analysis highlights 'Age and Potential for Extensive Updates,' indicating significant rehabilitation is required. The exterior images show a cluttered and unkempt property with visible wear and tear, suggesting substantial deferred maintenance. The absence of interior photos strongly implies that the kitchen, bathroom, and other internal components are in very outdated and poor condition, necessitating major renovations and likely replacement of major systems to meet current standards and comfort.
Pros & Cons
Pros
Prime Recreational Location: Situated in Big Bear City, the property offers immediate access to popular amenities such as the lake, fishing, and hiking, making it highly attractive for outdoor enthusiasts or as a vacation rental.
Mountain Views: The property explicitly boasts desirable mountain views, enhancing its aesthetic appeal and contributing to the quintessential Big Bear experience.
Investment/Customization Potential: The listing highlights 'endless potentials,' indicating a significant opportunity for buyers to personalize, renovate, and add substantial value to the property.
Accessible Price Point: Listed at $289,999, this single-family residence offers a relatively accessible entry into the Big Bear real estate market, appealing to budget-conscious buyers or investors.
Detached Home with Land: Despite its compact size, it is a detached single-family residence on its own 2,500 sqft lot, providing privacy and outdoor space often sought after in mountain properties.
Cons
Extremely Small Living Area: With only 480 sqft, 1 bedroom, and 1 bathroom, the living space is exceptionally compact, significantly limiting its functionality and appeal to a very narrow buyer demographic.
Age and Potential for Extensive Updates: Built in 1973, the property is over 50 years old, strongly suggesting that significant updates to systems, finishes, and overall modernization are likely required, as implied by the 'endless potentials' remark.
Misleading Description Regarding Size: The description states 'Home sits on (approx) 2,500 sqft,' which could be misinterpreted as living space, whereas the actual living area is only 480 sqft. This discrepancy may lead to buyer confusion or disappointment.