517 Moreno Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 1 bed, 1 bath

517 Moreno Lane, Sugarloaf, California 92386 home-pic-0
ACTIVE$228,000
517 Moreno Lane, Sugarloaf, California 92386
1Bed
1Bath
550Sqft
2,375Lot

Price Vs. Estimate

The estimated value ($228,000) is $0 (0%) lower than the list price ($228,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income & Versatility: The property boasts a strong short-term rental history and is presented as a versatile option for a primary residence, weekend basecamp, or income opportunity, with most furnishings included for immediate use.
Top Cons:
Limited Living Space: At only 550 sqft with 1 bed and 1 bath, the property offers very limited living space, which may not suit all buyer needs or family sizes.

Compared to the nearby listings

Price:$228.0K vs avg $305.0K ($-77,000)11%
Size:550 sqft vs avg 899 sqft11%
Price/sqft:$415 vs avg $34773%

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, this property is well-maintained and move-in ready with cosmetic updates like laminate flooring and a Trex deck. However, the kitchen features older, worn wood cabinets and countertops, and a mix of appliances (new retro fridge, older range), indicating it has not undergone a recent extensive renovation. The bathroom, while clean and featuring subway tile in the shower, has a very basic, space-saving sink setup that is not modern. The home is aged but functional, showing signs of being outdated in key areas, aligning with the 'Fair' condition criteria.
Year Built
1952
Close
-
List price
$228K
Original List price
$229K
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
IG25073179
Home ConditionFair
Features
Deck
ViewNeighborhood, Trees/Woods

About this home

This mountain retreat in Sugarloaf offers the kind of smart, practical layout that makes everyday living or weekend escapes easy—featuring a level fenced yard, level entry, and level parking. The home is single story except for a loft, which serves as a second bedroom or flexible-use space. The main level bedroom includes a space-saving Murphy bed, and the open living area flows into a fully fenced backyard with Trex decking and a covered front porch, perfect for relaxing or entertaining. The location puts you within walking distance of Kallans Bar & Grill, the post office, and a small grocery store, making it easy to stay connected to the community. With most furnishings included and a strong short-term rental history, this home is move-in ready whether you're looking for a primary residence, weekend basecamp, or income opportunity. Simple, stylish, and low-maintenance— Welcome home to "Tiny in the Pineys".

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-60.6mi
3/10
Big Bear Middle School
Public,7-84.3mi
6/10
Big Bear High School
Public,9-120.2mi
Condition Rating
Fair

Built in 1952, this property is well-maintained and move-in ready with cosmetic updates like laminate flooring and a Trex deck. However, the kitchen features older, worn wood cabinets and countertops, and a mix of appliances (new retro fridge, older range), indicating it has not undergone a recent extensive renovation. The bathroom, while clean and featuring subway tile in the shower, has a very basic, space-saving sink setup that is not modern. The home is aged but functional, showing signs of being outdated in key areas, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Income & Versatility: The property boasts a strong short-term rental history and is presented as a versatile option for a primary residence, weekend basecamp, or income opportunity, with most furnishings included for immediate use.
Move-in Ready Condition: Being 'move-in ready' with most furnishings included significantly reduces the buyer's initial effort and expense, making it highly appealing.
Practical Layout & Outdoor Living: Features like a level fenced yard, level entry, level parking, Trex decking, and a covered front porch enhance convenience and provide excellent spaces for relaxation and entertaining.
Walkable Community Access: Its location within walking distance to local amenities like Kallans Bar & Grill, the post office, and a grocery store offers desirable community connectivity and convenience.
Efficient & Low-Maintenance Design: Described as 'simple, stylish, and low-maintenance' with a space-saving Murphy bed and a single-story layout (plus loft), it appeals to buyers seeking ease of ownership.

Cons

Limited Living Space: At only 550 sqft with 1 bed and 1 bath, the property offers very limited living space, which may not suit all buyer needs or family sizes.
Age of Property: Built in 1952, the home is over 70 years old, which, despite being described as low-maintenance, could imply potential for older systems or require more significant upkeep in the long term.
Non-Traditional Second Bedroom: The 'second bedroom' is a loft, which may lack the privacy or traditional appeal of a fully enclosed bedroom, potentially limiting its functionality for some buyers.

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