547 Chipmunk Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 3 bath
ACTIVE$799,000
547 Chipmunk Lane, Big Bear Lake, California 92315
5Beds
3Baths
1,912Sqft
8,400Lot
Price Vs. Estimate
The estimated value ($300,655.635) is $498,344.365 (62%) lower than the list price ($799,000). 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 = 8400, living area = 1912.
Top Cons:
Significant Valuation Discrepancy: The current listing price of $799,000 is substantially higher than the property's estimated value of $300,655.635, indicating potential overpricing or a disconnect with market comparables.
Compared to the nearby listings
Price:$799.0K vs avg $640.0K (+$159,050)70%
Size:1,912 sqft vs avg 1,738 sqft62%
Price/sqft:$418 vs avg $39660%
More Insights
Built in 1954 (71 years old).
Condition: The property was built in 1954, making it 70 years old. While the description mentions 'stainless steel appliances' and 'modern comfort,' and images show updated wood-look laminate flooring, some modern light fixtures, and a cosmetically refreshed bathroom with shiplap, the kitchen cabinets and countertops are clearly dated knotty pine and white laminate. The main kitchen lighting is also an older fluorescent fixture. The laundry room also features dated cabinetry and wallpaper. These elements indicate that while some updates have been made, the property has not undergone a full, extensive renovation within the last 15 years. Major components like the kitchen's core design are functional but show signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1954
Close
-
List price
$799K
Original List price
$849K
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
OC25041011
Home ConditionFair
Features
Good View: Peek-A-Boo
Deck
ViewPeek-A-Boo
About this home
This spacious cabin in Boulder Bay offers 5 bedrooms, 3 bathrooms, and a cozy living room with a fireplace—perfect for relaxing after a day at the lake. The kitchen comes with stainless steel appliances, and the large front yard is great for barbecues or winter fun. Just one block from Big Bear Lake and minutes from Big Bear Village. Don’t miss out on this perfect blend of mountain charm and modern comfort in a prime location!
Condition Rating
Fair
The property was built in 1954, making it 70 years old. While the description mentions 'stainless steel appliances' and 'modern comfort,' and images show updated wood-look laminate flooring, some modern light fixtures, and a cosmetically refreshed bathroom with shiplap, the kitchen cabinets and countertops are clearly dated knotty pine and white laminate. The main kitchen lighting is also an older fluorescent fixture. The laundry room also features dated cabinetry and wallpaper. These elements indicate that while some updates have been made, the property has not undergone a full, extensive renovation within the last 15 years. Major components like the kitchen's core design are functional but show signs of being outdated, aligning with the 'fair' condition criteria.
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 = 8400, living area = 1912.
Prime Location: The property boasts an excellent location, being just one block from Big Bear Lake and minutes from Big Bear Village, offering convenient access to recreational activities and amenities.
Spacious Accommodation: With 5 bedrooms and 3 bathrooms across 1912 sqft, this cabin provides ample space for a large family or as a potential vacation rental.
Outdoor Living Space: The large front yard is highlighted as ideal for barbecues and winter fun, enhancing the property's appeal for outdoor activities.
Cozy Interior Features: The cabin offers a cozy living room with a fireplace, contributing to its mountain charm and providing a comfortable space for relaxation.
Modern Kitchen Appliances: The kitchen is equipped with stainless steel appliances, adding a touch of modern convenience to the cabin's overall appeal.
Cons
Significant Valuation Discrepancy: The current listing price of $799,000 is substantially higher than the property's estimated value of $300,655.635, indicating potential overpricing or a disconnect with market comparables.
Age of Property: Built in 1954, the property's age may suggest potential for older systems (plumbing, electrical, HVAC) or require more extensive maintenance and updates beyond what is mentioned, despite claims of 'modern comfort'.
Recent Price Reduction: The property has already undergone a price reduction from its original list price of $849,000 to $799,000, which could signal challenges in attracting buyers at its current price point.