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530 Villa Grove Avenue, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 2 bath

530 Villa Grove Avenue, Big Bear City, California 92314 home-pic-0
ACTIVE$489,900
530 Villa Grove Avenue, Big Bear City, California 92314
2Beds
2Baths
1,344Sqft
8,284Lot

Price Vs. Estimate

The estimated value ($373,802.245) is $116,097.755 (23%) lower than the list price ($489,900). 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 = 8284, living area = 1344.
Top Cons:
Significant Overpricing: The current listing price of $489,900 is substantially above the estimated market value of $373,802, indicating a potential overvaluation of approximately 23%.

Compared to the nearby listings

Price:$489.9K vs avg $420.0K (+$69,900)62%
Size:1,344 sqft vs avg 1,304 sqft51%
Price/sqft:$365 vs avg $35154%

More Insights

Built in 1994 (31 years old).
Condition: Built in 1994, this property is 30 years old and appears to retain much of its original character and features, as indicated by the 'original owner' and 'authentic character' description. The kitchen, while spacious, shows dated light wood cabinetry and potentially older appliances. The bathroom features a dated double vanity, an older strip light fixture, and notably, carpeted flooring, which is generally considered outdated and impractical for a bathroom. While the exterior and overall structure appear well-maintained, the interior finishes, particularly in the kitchen and bathrooms, are functional but clearly show signs of being outdated and would require minor to moderate updates to meet current aesthetic and functional standards. This aligns with the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and no major renovations since construction.
Year Built
1994
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$365
HOA
-
Days on market
-
Sold On
-
MLS number
PW25129750
Home ConditionFair
Features
Excellent View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Welcome to an exquisite mountain retreat located in the serene Moon Ridge area of Big Bear, California. This charming 2-bedroom, 2-bathroom residence, with its impressive 1,344 sq. ft. layout, offers a unique opportunity as it comes from the original owner, maintaining its authentic character and charm. Upstairs, you'll find a vaulted ceiling living room adorned with a charming wood-burning fireplace, perfect for cozy nights. Enjoy a spacious kitchen and dining area that effortlessly flows onto a deck showcasing breathtaking mountain views. The home features two downstairs bedrooms connected by a Jack and Jill bathroom, complete with a tub shower for ease and comfort. This property includes essential furnishings like the refrigerator, living area furniture, and bedroom furniture, along with some ski gear to enhance your mountain adventures. Ideally situated adjacent to the Big Bear Mountain Alpine Zoo, the Golf Course, Village shopping area, and Big Bear Lake. Enjoy a short drive to ski slopes or explore the nearby walking, hiking, and biking trails. The property's prime location combined with its inviting features make it a perfect getaway or year-round residence in the heart of nature.

Condition Rating
Fair
Built in 1994, this property is 30 years old and appears to retain much of its original character and features, as indicated by the 'original owner' and 'authentic character' description. The kitchen, while spacious, shows dated light wood cabinetry and potentially older appliances. The bathroom features a dated double vanity, an older strip light fixture, and notably, carpeted flooring, which is generally considered outdated and impractical for a bathroom. While the exterior and overall structure appear well-maintained, the interior finishes, particularly in the kitchen and bathrooms, are functional but clearly show signs of being outdated and would require minor to moderate updates to meet current aesthetic and functional standards. This aligns with the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and no major renovations since construction.
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 = 8284, living area = 1344.
Exceptional Location: Situated in the serene Moon Ridge area, offering immediate access to Big Bear Mountain Alpine Zoo, Golf Course, Village shopping, Big Bear Lake, and ski slopes.
Scenic Mountain Views: Features a spacious deck directly accessible from the kitchen/dining area, providing breathtaking mountain views.
Turnkey Ready: Offered fully furnished with essential household items and ski gear, making it ideal for immediate personal use or as a rental property.
Charming Mountain Aesthetics: Boasts a vaulted ceiling living room with a wood-burning fireplace, maintaining authentic character and creating a cozy retreat ambiance.
Functional Layout: A well-designed 2-bedroom, 2-bathroom layout across 1,344 sq. ft., including a convenient Jack and Jill bathroom, suitable for a comfortable mountain getaway.

Cons

Significant Overpricing: The current listing price of $489,900 is substantially above the estimated market value of $373,802, indicating a potential overvaluation of approximately 23%.
Potential for Dated Features/Lack of Modern Upgrades: While retaining 'authentic character,' the property, being from the original owner since 1994, may lack modern updates or high-demand amenities (e.g., hot tub, smart home features, recent major system replacements) prevalent in competitive mountain retreats.
Limited Bedroom Capacity: With only two bedrooms, the property offers less sleeping capacity compared to many three-bedroom comparables in the area, which could impact its appeal to larger groups or its potential for higher rental income.

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