497 Cedar Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 3 bed, 2 bath
497 Cedar Lane
Sugarloaf, California 92386
Property Price
SUMMARY
Analysis of 497 Cedar Lane, Sugarloaf, California 92386 reveals a property with a current list price of $410,000, which is 6% above the estimated $385,370 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sugarloaf Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 497 Cedar Lane Subject | $410,000* List Price | 3 | 2 | 640 | $602 | - |
A 542 Kern Avenue Sold | $375,000 | 2 | 1 | 783 | $479 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1947, the property has undergone significant 'modern upgrades' as highlighted in the description and evidenced by the images. The kitchen is beautifully remodeled with updated light wood cabinetry, modern stainless steel appliances (refrigerator, black range), new countertops, and a contemporary subway tile backsplash. The flooring throughout the main living areas and bedrooms appears to be new LVP/laminate. While the overall aesthetic retains a charming mountain cabin feel with extensive wood paneling, the critical areas like the kitchen and flooring are move-in ready and do not require immediate renovation. The absence of bathroom photos is a minor concern, but given the quality of the kitchen remodel, it's reasonable to assume they are at least functional and well-maintained. This aligns with a property extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Lot Size & Expansion Potential
The property spans over 19,000 sqft, including two additional adjacent 5,000 sqft lots, creating a street-to-street parcel with significant potential for future expansion, development, or investment.
- Remodeled Kitchen with Upgrades
Features a beautifully remodeled kitchen equipped with upgraded appliances, offering a modern and functional space within the charming cabin.
- Charming Mountain Cabin Aesthetic
The home retains its classic Sugarloaf cabin charm, blending nostalgic mountain character with cozy living areas and warm wood accents, appealing to those seeking a tranquil retreat.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 640 sqft, the interior living space is quite compact for a 3-bedroom home, which may limit comfort and functionality for some buyers or larger households.
- Older Construction
Built in 1947, the property's age, despite modern upgrades, suggests potential for older infrastructure and may require more ongoing maintenance compared to newer constructions.
- Inadequate Bathroom Count
The presence of only 1.5 bathrooms for a 3-bedroom property may be considered insufficient for many buyers, potentially impacting daily convenience and resale appeal.
About 497 Cedar Lane
Charming Mountain Cabin on over 19,000 sqft of property! Welcome to 497 Cedar Lane, adorable 3-bedroom, 1.5-bath classic Sugarloaf cabin that blends nostalgic mountain charm with modern upgrades. Set in a park-like atmosphere with towering pines and space to roam, this cabin features a beautifully remodeled kitchen with upgraded appliances, cozy living areas, and warm wood accents throughout. Plenty of parking for your RV, boat, or all your toys. This property includes Two additional adjacent 5,000 sq ft lots on Spruce Lane Parcel numbers 2350-605-43-0000 and 2350-605-35-0000 make this a street to street property excellent for future expansion or investment. Don't miss this unique opportunity to own a slice of Big Bear tranquility!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sugarloaf Unified Schools
Baldwin Lane Elementary School
Grades K-6 • 0.7 mi
Big Bear Middle School
Grades 7-8 • 4.4 mi
Big Bear High School
Grades 9-12 • 0.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 640 | 899 | 21% |
| Lot Size | 10,000 | 5,000 | 94% |
| Price | $410.0K | $295.0K | 81% |
| Price per sq ft | $641 | $322 | 96% |
| Built year | 1947 | 1973 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 225 | 208 | 64% |
Pricing History
Listed for Sale
Sep 20, 2025
$410,000
$419,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2025
$419,000
Initial Listing
Price Change
Jul 25, 2025
$299,000
Initial Listing