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568 Wanita Ln, Big Bear, California 92315, Big Bear, 92315 - 2 bed, 1 bath

568 Wanita Ln, Big Bear, California 92315 home-pic-0
ACTIVE$299,000
568 Wanita Ln, Big Bear, California 92315
2Beds
1Bath
520Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($286,123.495) is $12,876.505 (4%) lower than the list price ($299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The cabin boasts an excellent location, being within walking distance to Big Bear Lake and The Village, offering convenient access to restaurants, shops, and recreational activities.
Top Cons:
Compact Square Footage: At only 520 sqft, the cabin is quite small, which may limit its appeal to buyers seeking more spacious living areas or accommodating larger groups.

Compared to the nearby listings

Price:$299.0K vs avg $637.5K ($-338,450)2%
Size:520 sqft vs avg 1,714 sqft0%
Price/sqft:$575 vs avg $39693%

More Insights

Built in 1946 (79 years old).
Condition: Despite being built in 1946, this cabin has undergone a 'fully remodeled' transformation, as stated in the description. The images confirm a modern, updated kitchen with newer stainless steel appliances and a contemporary remodeled bathroom with a vessel sink and new fixtures. Key updates like a tankless water heater, newer furnace, and newer roof indicate significant recent investment in major systems. The flooring is consistent and appears new, and the overall aesthetic is fresh and move-in ready, aligning with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an 'Excellent' rating.
Year Built
1946
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
250029791SD
Home ConditionExcellent
Features
Deck
View-

About this home

Welcome to the most affordable Big Bear Lake cabin! Seller offering interest rate buydown or closing cost credits for the right offer! This cozy, fully remodeled cabin is a true gem, offering charm, updates, and a prime location! Walking distance to the lake and the Village, filled with restaurants and shops. Perfect for short term rental (currently active Airbnb) or second home. This cabin is an amazing retreat for any time of the year. Offered fully furnished if needed. Also includes plenty of parking with the long driveway the fits up to 4 cars! Updates include a tankless water heater, newer furnace, newer roof, a remodeled kitchen and bathroom, and a freshly refinished deck. Thoughtfully designed, it blends modern convenience with timeless cabin charm, maximizing every corner for style and functionality. Relax outdoors on the spacious deck, complete with a fire pit and comfy seating, where you can immerse yourself in the peaceful sounds of nature. Inside, snuggle up by the rustic rock wood-burning fireplace for a movie night. The fully stocked kitchen, outfitted with newer appliances, is ready for you to whip up your favorite meals. This is the perfect intimate lakeside getaway, ready to be enjoyed! Contact us today!

Condition Rating
Excellent
Despite being built in 1946, this cabin has undergone a 'fully remodeled' transformation, as stated in the description. The images confirm a modern, updated kitchen with newer stainless steel appliances and a contemporary remodeled bathroom with a vessel sink and new fixtures. Key updates like a tankless water heater, newer furnace, and newer roof indicate significant recent investment in major systems. The flooring is consistent and appears new, and the overall aesthetic is fresh and move-in ready, aligning with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an 'Excellent' rating.
Pros & Cons

Pros

Prime Location: The cabin boasts an excellent location, being within walking distance to Big Bear Lake and The Village, offering convenient access to restaurants, shops, and recreational activities.
Extensive Updates & Remodel: This fully remodeled cabin features significant recent upgrades including a tankless water heater, newer furnace, newer roof, remodeled kitchen and bathroom, and a refinished deck, providing modern comfort and reduced immediate maintenance.
Proven Short-Term Rental Income: Currently an active Airbnb, the property offers immediate income potential and a track record as a successful short-term rental or a perfect second home.
Seller Incentives: The seller is offering an interest rate buydown or closing cost credits, making this property more financially accessible and attractive to potential buyers.
Turnkey & Furnished Option: Offered fully furnished if needed, this property is move-in ready, ideal for immediate personal use or as a seamless transition into a rental operation.

Cons

Compact Square Footage: At only 520 sqft, the cabin is quite small, which may limit its appeal to buyers seeking more spacious living areas or accommodating larger groups.
Limited Bathroom Count: With only one bathroom for two bedrooms, convenience may be an issue, especially for multiple occupants or short-term rental guests.
Age of Original Structure: Despite extensive remodels, the property was built in 1946, meaning the underlying structure is old, which could potentially lead to unforeseen issues or higher long-term maintenance costs for components not explicitly updated.

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