581 Highland Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 2 bath
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Sugarloaf, California 92386
This property presents a High-Potential Investment Opportunity with a List Price of $398,500—positioned slightly above the $391,017 Fair Market Value. While the home carries a Poor Condition Rating due to its dated 1978 interiors, it offers unique value through a rare 3.5% assumable VA loan and a massive 13,675 sq ft lot. The property features beamed ceilings, a private deck, and wooded views, providing a solid foundation for modernization. This asset is ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in the Bear Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 581 Highland Lane Subject | $397,000* List Price | 2 | 2 | 1,310 | $298 | - |
A 523 Wabash Lane Sold | $311,000 | 2 | 1 | 896 | $347 | 0.2 mi |
B 364 Leonard Active | $417,900 List Price | 3 | 2 | 1,181 | $354 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (46 years old) with no evidence of recent renovations. The interior is heavily dated with original wood paneling, 1970s-style brown carpeting, and a kitchen featuring aged tile countertops and vintage-style appliances. Per the criteria, properties over 30 years old requiring a full rehab to modernize finishes and systems are rated as poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13675, living area = 1310.
The property features a rare 3.5% assumable VA loan for qualified buyers, offering a significant financial advantage and lower monthly payments compared to current market interest rates.
Situated on a generous 13,675 sq ft lot with wooded views, the property provides ample outdoor space, privacy, and additional storage via two on-site sheds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1310, other record living area = 896. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With 177 days on the market, the property may be facing buyer hesitation, which could necessitate further price adjustments or modern updates to stimulate interest.
Built in 1978 and featuring carpeted bedrooms, the interior may require cosmetic renovations to appeal to buyers looking for a more contemporary aesthetic.
VA Loan at 3.5% is assumable to qualified VA buyer! Welcome to this delightful 2-bedroom, 2-bathroom home with 1,310 sq ft of comfortable living space, on a spacious 13,675 sq ft lot. Featuring beautiful beamed ceilings throughout, this home creates a warm and inviting atmosphere from the moment you step inside. The cozy carpeted bedrooms provide a serene retreat, while the primary bedroom has a sliding door that leads out to your own peaceful deck, perfect for morning coffee or evening relaxation. Additional storage is provided by two sheds on the property, offering plenty of room for all your tools, equipment, or hobbies. The expansive lot provides endless possibilities for gardening, outdoor entertaining, or simply enjoying the surrounding nature. With its tranquil setting and well-thought-out layout, this home is an ideal retreat while still being conveniently located to nearby amenities. Don’t miss the opportunity to make this charming property your own!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 4.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,310 | 1,080 |
| Lot Size | 13,675 | 3,750 |
| Price | $397.0K | $296.5K |
| Price per sq ft | $303 | $333 |
| Built year | 1978 | 1979 |
| HOA | $0 | $0 |
| Days on market | 196 | 62 |
Jul 4, 2026
$397,000
$398,500
+0% Price Increase
Initial Listing
May 29, 2026
$398,500
$399,000
+0% Price Increase
Initial Listing
Jan 7, 2026
$399,000
Initial Listing
Sep 26, 2018
$290,000
Public Record
Sep 18, 1998
$67,500
Public Record