450 Georgia Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 1 bed, 1 bath

450 Georgia Street, Big Bear Lake, California 92315 home-pic-0
ACTIVE$399,000
450 Georgia Street, Big Bear Lake, California 92315
1Bed
1Bath
466Sqft
8,745Lot

Price Vs. Estimate

The estimated value ($392,437.73) is $6,562.27 (1%) lower than the list price ($399,000). 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 = 8745, living area = 466.
Top Cons:
Compact Interior Footprint: The main cabin offers a modest 466 sqft with 1 bedroom and 1 bathroom, which may be restrictive for buyers seeking more spacious indoor living or accommodating larger groups.

Compared to the nearby listings

Price:$399.0K vs avg $637.5K ($-238,450)13%
Size:466 sqft vs avg 1,714 sqft0%
Price/sqft:$856 vs avg $39699%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, this property has undergone a 'fully renovated' transformation with 'modern upgrades,' bringing it to an excellent condition. The kitchen features upgraded granite countertops and stainless steel appliances, appearing clean and functional in the images. The bathroom is explicitly described as 'remodeled.' Key system upgrades include new ductless HVAC (mini-split) for year-round comfort. The interior boasts modern laminate and tile flooring, and the exterior shows a new-looking deck and hot tub. The property is presented as 'turn-key,' indicating no deferred maintenance and a high standard of recent renovation.
Year Built
1922
Close
-
List price
$399K
Original List price
$415K
Price/Sqft
$856
HOA
-
Days on market
-
Sold On
-
MLS number
GD25180758
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Deck
Spa
ViewMountain(s), Trees/Woods

About this home

A fully renovated original Hunter’s Cabin that blends rustic charm with modern upgrades. In addition to the main living area, there’s a versatile room with approximately 200 sqft of living space — perfect as a kids’ bunk room, guest quarters, or bonus lounge. There’s ample space for a boat, RV, and all your adventure gear, making it as functional as it is charming. Inside, you’ll find a bright and inviting living space with laminate and tile flooring, wood blinds, a remodeled bathroom, and new ductless HVAC (mini-split) for year-round comfort. The upgraded kitchen features granite countertops, stainless steel appliances, and a gas connection in the living room to attached the wall heater stored in the storage, ready for winter. The open layout flows to a wrap-around deck ideal for morning coffee, evening BBQs, and enjoying Big Bear’s crisp mountain air. Outdoor living is where this property truly shines. Perfectly located just a short stroll to the lake and minutes from all Big Bear has to offer, this R-3 zoned property not only delivers a picture-perfect mountain escape, but also the potential to add another cabin. Relax in the newer Jacuzzi spa, gather around the gas firepit, or enjoy the privacy of a 150-foot redwood fence. Two oversized sheds provide generous storage, while included furnishings make this home completely turn-key. With proven vacation rental income potential and a location just an 11-minute walk to Santana Mavericks Bar & Grill, this cabin is ready to be your weekend retreat, full-time home, or investment opportunity.

Condition Rating
Excellent

Despite being built in 1922, this property has undergone a 'fully renovated' transformation with 'modern upgrades,' bringing it to an excellent condition. The kitchen features upgraded granite countertops and stainless steel appliances, appearing clean and functional in the images. The bathroom is explicitly described as 'remodeled.' Key system upgrades include new ductless HVAC (mini-split) for year-round comfort. The interior boasts modern laminate and tile flooring, and the exterior shows a new-looking deck and hot tub. The property is presented as 'turn-key,' indicating no deferred maintenance and a high standard of recent renovation.
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 = 8745, living area = 466.
Comprehensive Modern Renovation: The property has undergone a full renovation, seamlessly blending rustic charm with modern upgrades including a remodeled bathroom, new ductless HVAC, and an upgraded kitchen with granite countertops and stainless steel appliances.
Prime Big Bear Lake Location: Strategically located a short stroll from Big Bear Lake and minutes from local attractions, offering excellent accessibility and desirability for both personal use and rental guests.
Strong Investment & Income Potential: R-3 zoning provides the unique opportunity to add another cabin, coupled with proven vacation rental income potential, making it a compelling investment.
Enhanced Outdoor Living & Amenities: Features a wrap-around deck, newer Jacuzzi spa, gas firepit, and a private 150-foot redwood fence, creating an exceptional and private outdoor entertainment space.
Versatile Space & Abundant Storage: Includes a versatile 200 sqft bonus room suitable for various uses, ample parking for RVs/boats, and two oversized sheds, maximizing utility and storage capacity.

Cons

Compact Interior Footprint: The main cabin offers a modest 466 sqft with 1 bedroom and 1 bathroom, which may be restrictive for buyers seeking more spacious indoor living or accommodating larger groups.
Age of Original Structure: Despite extensive renovations, the property's original construction date of 1922 could imply potential for age-related structural or infrastructure concerns over time.
Recent Price Adjustment: A recent price reduction from $415,000 to $399,000 might indicate a need to adjust to market demand or could be perceived as a sign of initial overpricing.

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