52635 Sylvan Way, Idyllwild, California 92549, Idyllwild, 92549 - 2 bed, 2 bath

52635 Sylvan Way, Idyllwild, California 92549 home-pic-0
ACTIVE$340,000
52635 Sylvan Way, Idyllwild, California 92549
2Beds
2Baths
1,060Sqft
14,375Lot

Price Vs. Estimate

The estimated value ($130,028.375) is $209,971.625 (61%) lower than the list price ($340,000). 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 = 14375, living area = 1060.
Top Cons:
Significant Valuation Discrepancy: The automated property estimation value ($130,028) is substantially lower than the current listing price ($340,000), which could raise concerns for potential buyers and lenders regarding market value.

Compared to the nearby listings

Price:$340.0K vs avg $508.8K ($-168,750)10%
Size:1,060 sqft vs avg 1,459 sqft24%
Price/sqft:$321 vs avg $35436%

More Insights

Built in 1946 (79 years old).
Condition: The property, built in 1946, has received significant system and structural updates (new addition/roof in 1992, septic in 2010, furnace in 2011, foundation in 2015, dual-pane windows). These updates ensure the home's functionality and structural integrity. However, the kitchen features dated light green/yellow cabinets, older white appliances, and basic countertops, indicating it has not been renovated in many years. The bathrooms also appear very basic and outdated. While the major systems are well-maintained, the aesthetic elements, particularly the kitchen and bathrooms, show clear signs of being outdated and would require minor to moderate updates to meet current buyer expectations. This aligns with a 'Fair' condition, where the home is aged but maintained, and major components are functional but show signs of being outdated.
Year Built
1946
Close
-
List price
$340K
Original List price
$360K
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
219116959DA
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Situated on a hill occupying 1/3 of an acre, this charming cabin features many updates that you can and cannot see! There was a new permitted addition and roof done in 1992, new septic in 2010, new furnace 2011, foundation reinforced with permits and storage area in 2015, plus dual pane windows and updated doors. The cabin offers 1,060 square feet with a cozy living room with river rock woodburning fireplace, large open kitchen that flows into the architecturally designed, by David Lilliholm, dining/breakfast area with wonderful windows bringing the forest inside. There is a full bath downstairs for convenience. Upstairs is a guest sleeping area with small closet and access to the 1/2 bath. The primary bedroom is also upstairs and is good size. There is potentially room for a carport. Great opportunity under $400k on a county maintained street for easy access all year round. Make this your cozy get-a-way from it all this season.

Condition Rating
Fair

The property, built in 1946, has received significant system and structural updates (new addition/roof in 1992, septic in 2010, furnace in 2011, foundation in 2015, dual-pane windows). These updates ensure the home's functionality and structural integrity. However, the kitchen features dated light green/yellow cabinets, older white appliances, and basic countertops, indicating it has not been renovated in many years. The bathrooms also appear very basic and outdated. While the major systems are well-maintained, the aesthetic elements, particularly the kitchen and bathrooms, show clear signs of being outdated and would require minor to moderate updates to meet current buyer expectations. This aligns with a 'Fair' condition, where the home is aged but maintained, and major components are functional but show signs of being outdated.
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 = 14375, living area = 1060.
Extensive System & Structural Updates: Significant permitted improvements including a new addition/roof (1992), septic (2010), furnace (2011), and foundation reinforcement (2015), along with dual-pane windows, ensure a well-maintained and updated infrastructure.
Charming Mountain Cabin Appeal: Features a cozy living room with a river rock wood-burning fireplace and an architecturally designed dining area with large windows, creating an inviting atmosphere that 'brings the forest inside'.
Generous & Private Lot: Situated on a 1/3 acre elevated lot, offering a sense of privacy and space, characteristic of desirable mountain properties.
Year-Round Accessibility: Located on a county-maintained street, ensuring easy and reliable access throughout all seasons, a key advantage in a mountain setting.
Competitive Price Point: Positioned as a 'great opportunity under $400k' with a recent price reduction from $360,000 to $340,000, making it an attractive option for buyers in the Idyllwild market.

Cons

Significant Valuation Discrepancy: The automated property estimation value ($130,028) is substantially lower than the current listing price ($340,000), which could raise concerns for potential buyers and lenders regarding market value.
Age of Original Structure: Despite numerous updates, the core structure dates back to 1946, which may lead to ongoing maintenance considerations or a desire for more modern finishes in certain areas.
Extended Time on Market: The property has been listed since September 2024, suggesting a potentially longer-than-average market time that could indicate pricing or appeal challenges.

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