592 Douglas Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath

592 Douglas Street, Big Bear Lake, California 92315 home-pic-0
ACTIVE$535,000
592 Douglas Street, Big Bear Lake, California 92315
2Beds
1Bath
1,088Sqft
10,686Lot

Price Vs. Estimate

The estimated value ($520,302.465) is $14,697.535 (2%) lower than the list price ($535,000). 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 = 10686, living area = 1088.
Top Cons:
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom for a 1088 sqft home, it may not accommodate larger families or groups, potentially limiting its market appeal.

Compared to the nearby listings

Price:$535.0K vs avg $637.5K ($-102,450)33%
Size:1,088 sqft vs avg 1,714 sqft24%
Price/sqft:$492 vs avg $39678%

More Insights

Built in 1938 (87 years old).
Condition: Despite being built in 1938, this property is presented as 'turn-key' and 'well-maintained' with recent updates including new flooring throughout and new stainless steel kitchen appliances. The kitchen, while rustic in style, is functional with modern appliances. The bathroom is clean and functional, though the vintage pedestal sink is dated. The presence of wall heaters instead of a central HVAC system indicates an older infrastructure. However, the property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score, acknowledging its age while highlighting its recent improvements and overall upkeep.
Year Built
1938
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
IG25246865
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Spa
Patio
ViewMountain(s), Neighborhood

About this home

~ CHARMING BIG BEAR RETREAT IN PRIME MOONRIDGE LOCATION ~ This classic Maltby style home sits on a large 10,000+ SF corner lot in one of the area's most desirable locations - just across the street from the new Rathbun Creek Trail walking path and a short walk to the up-and-coming Moonridge Corridor, where you'll have easy access to all it has to offer. Inside the 2 bedroom 1 bath home, you'll find a well-maintained interior featuring new flooring throughout, new appliances, and a beautiful native rock fireplace. This home also includes a bonus laundry/mud room, making it very functional. Outside there is a large patio for outdoor gatherings and BBQs and a spa looking out to the serenity of the mountains and even ski slope views. We have a 1 car garage and 2 separate outdoor sheds for lots of storage. It is a current STR (short-term rental) and sold completely furnished, this home is completely turn-key, just bring your toothbrush and start enjoying mountain living at its best!!

Nearby schools

2/10
Big Bear Elementary School
Public,K-62.2mi
4/10
Baldwin Lane Elementary School
Public,K-62.3mi
3/10
Big Bear Middle School
Public,7-81.8mi
6/10
Big Bear High School
Public,9-122.6mi
Condition Rating
Good

Despite being built in 1938, this property is presented as 'turn-key' and 'well-maintained' with recent updates including new flooring throughout and new stainless steel kitchen appliances. The kitchen, while rustic in style, is functional with modern appliances. The bathroom is clean and functional, though the vintage pedestal sink is dated. The presence of wall heaters instead of a central HVAC system indicates an older infrastructure. However, the property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score, acknowledging its age while highlighting its recent improvements and overall upkeep.
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 = 10686, living area = 1088.
Prime Location & Accessibility: Situated in a prime Moonridge location, directly across from the new Rathbun Creek Trail and a short walk to the developing Moonridge Corridor, offering excellent access to amenities and outdoor activities.
Turn-Key Short-Term Rental (STR): Currently operating as a short-term rental and sold fully furnished, making it a completely turn-key investment opportunity with immediate income potential.
Desirable Outdoor Living & Views: Features a large patio perfect for entertaining, a spa with mountain and ski slope views, enhancing the property's appeal as a mountain retreat.
Updated & Well-Maintained Interior: The interior boasts new flooring, new appliances, and a charming native rock fireplace, indicating recent updates and good maintenance.
Generous Lot Size & Storage: Sits on a large 10,000+ SF corner lot and includes a 1-car garage plus two separate outdoor sheds, providing ample space and storage solutions.

Cons

Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom for a 1088 sqft home, it may not accommodate larger families or groups, potentially limiting its market appeal.
Older Construction: Built in 1938, while charming, the age of the property could imply potential for older infrastructure (e.g., plumbing, electrical, insulation) that may require future upgrades not explicitly mentioned.
Listing Price Discrepancy: The current listing price of $535,000 is above the estimated property value of $499,165.11, which might impact buyer perception and negotiation.

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