580 Thrush Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 3 bath
ACTIVE$575,000
580 Thrush Drive, Big Bear Lake, California 92315
2Beds
3Baths
1,260Sqft
7,400Lot
Price Vs. Estimate
The estimated value ($568,053.495) is $6,946.505 (1%) lower than the list price ($575,000). 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 = 7400, living area = 1260.
Top Cons:
Age of Construction: Built in 1950, the property, despite upgrades, may have underlying older infrastructure that could require future maintenance or updates.
Compared to the nearby listings
Price:$575.0K vs avg $637.5K ($-62,450)42%
Size:1,260 sqft vs avg 1,714 sqft30%
Price/sqft:$456 vs avg $39673%
More Insights
Built in 1950 (75 years old).
Condition: Despite being built in 1950, the property has been extensively renovated and is presented as 'fully upgraded' and 'turn-key'. The kitchens feature modern white shaker cabinets, butcher block countertops, and contemporary black fixtures, appearing recently updated. Bathrooms are clean and functional with modern fixtures, though the tiled countertops suggest a slightly older renovation than the kitchens. Overall, the property shows minimal wear and tear, with modern flooring, lighting, and amenities like private spas, making it move-in ready and well-suited for its intended use as a rental.
Year Built
1950
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
PW25144992
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
Spa
Patio
ViewMountain(s), Neighborhood, Trees/Woods
About this home
Looking for options w/ income? This fully upgraded 2 unit property near Snow Summit Ski Resort offers plenty. Current owner uses this as a successful income producing property-one cabin as a short term rental and the 2nd cabin as a 30 day or longer Mid Term rental. This property has good rental history and includes two detached 1 bedroom units. One has an extra half bath. The large corner lot has been completely taken advantage of with two separate private spas for each unit w/ mountain murals adding to the serene setting. Plenty of parking and fully furnished and decorated with every detail carefully thought of. Including sleeper sofas in each living room and functional kitchens. Nice mountain setting w/ tall pine trees and close to everything Big Bear has to offer. .
Condition Rating
Good
Despite being built in 1950, the property has been extensively renovated and is presented as 'fully upgraded' and 'turn-key'. The kitchens feature modern white shaker cabinets, butcher block countertops, and contemporary black fixtures, appearing recently updated. Bathrooms are clean and functional with modern fixtures, though the tiled countertops suggest a slightly older renovation than the kitchens. Overall, the property shows minimal wear and tear, with modern flooring, lighting, and amenities like private spas, making it move-in ready and well-suited for its intended use as a rental.
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 = 7400, living area = 1260.
Exceptional Income Potential: Property features two detached units with a proven track record as successful short-term and mid-term rentals, offering diversified income streams.
Prime Recreational Location: Situated near Snow Summit Ski Resort and close to all Big Bear attractions, ensuring high demand for rentals and strong appeal for recreational buyers.
Turn-Key & Fully Furnished: The property is fully upgraded, furnished, and decorated, making it immediately ready for rental operations or personal use without additional investment.
Premium Amenities: Includes two separate private spas for each unit, enhancing guest experience and rental appeal, along with functional kitchens and sleeper sofas.
Desirable Mountain Setting: Benefits from a nice mountain setting with tall pine trees and scenic views, contributing to its charm and guest satisfaction.
Cons
Age of Construction: Built in 1950, the property, despite upgrades, may have underlying older infrastructure that could require future maintenance or updates.
Compact Unit Sizes: Each of the two 1-bedroom units is relatively small (approx. 630 sqft each), which might limit appeal to larger groups or buyers seeking more spacious accommodations.
Increased Management & Maintenance: Operating two separate units with individual amenities like spas can lead to higher management complexity and increased maintenance demands compared to a single-family residence.