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620 Villa Grove Avenue, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 4 bath

620 Villa Grove Avenue, Big Bear Lake, California 92315 home-pic-0
ACTIVE$899,888
620 Villa Grove Avenue, Big Bear Lake, California 92315
5Beds
4Baths
2,511Sqft
8,800Lot

Price Vs. Estimate

The estimated value ($872,425.11) is $27,462.89 (3%) lower than the list price ($899,888). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Short-Term Rental Performance: The property has a track record as a successful 5-star short-term rental, offering immediate income potential and a strong investment opportunity in a popular vacation destination.
Top Cons:
Lack of Central Air Conditioning: While typical for mountain climates, the absence of central air conditioning could be a comfort consideration for some during warmer summer periods.

Compared to the nearby listings

Price:$899.9K vs avg $640.0K (+$259,938)77%
Size:2,511 sqft vs avg 1,738 sqft82%
Price/sqft:$358 vs avg $39529%

More Insights

Built in 1984 (41 years old).
Condition: Despite being built in 1984, this property has undergone significant upgrades that make it move-in ready. The description highlights a 'modern kitchen with knotty alder cabinets, granite countertops, and stainless steel appliances,' which is confirmed by the images showing updated, stylish finishes. Bathrooms also appear updated with granite and modern fixtures. The presence of 'Acacia hardwood floors,' 'newer Milgard dual-pane windows,' 'dual-zone heating,' and an 'EV charging ready' system indicates substantial recent investment in key components. While not a brand-new build or a full renovation within the last 5 years to qualify as 'Excellent,' the property clearly meets the 'Good' criteria of being extensively renovated within the last 5 to 15 years, with well-maintained systems and minimal wear and tear, requiring no immediate renovations.
Year Built
1984
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$358
HOA
-
Days on market
-
Sold On
-
MLS number
IG25072029
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood, Peek-A-Boo, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Peek-A-Boo, Trees/Woods

About this home

Moonridge Mountain Retreat! Discover this bright and spacious 5-bedroom, 3.5-bath upgraded home with ski slope views. Featuring Acacia hardwood floors, a modern kitchen with knotty alder cabinets, granite countertops, and stainless steel appliances. Enjoy the warmth of a Regency wood-burning stove and the comfort of dual-zone heating. Newer Milgard dual-pane windows provide energy efficiency. EV charging ready with a dedicated meter, plus off-street parking for 5+ vehicles. Relax on the fabricated rear deck with a Sunsetter electric awning, or enjoy mountain views. Bathrooms with a huge walk-in closet in the primary suite and a separate laundry room. Fenced backyard with sprinkler system for easy maintenance. Walk-in storage beneath the home. Having served as a successful rental with outstanding 5-star reviews, this home presents a unique opportunity to continue an established premier short-term rental destination, capitalizing on Moonridge's popularity among vacationers seeking a refined mountain getaway. Close to Big Bear ski resorts, hiking trails, and lake activities. Don't miss this turnkey property in a desirable Moonridge location.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•1.5mi
2/10
Big Bear Elementary School
Public,•K-6•3.2mi
3/10
Big Bear Middle School
Public,•7-8•2.8mi
6/10
Big Bear High School
Public,•9-12•1.7mi
Condition Rating
Good
Despite being built in 1984, this property has undergone significant upgrades that make it move-in ready. The description highlights a 'modern kitchen with knotty alder cabinets, granite countertops, and stainless steel appliances,' which is confirmed by the images showing updated, stylish finishes. Bathrooms also appear updated with granite and modern fixtures. The presence of 'Acacia hardwood floors,' 'newer Milgard dual-pane windows,' 'dual-zone heating,' and an 'EV charging ready' system indicates substantial recent investment in key components. While not a brand-new build or a full renovation within the last 5 years to qualify as 'Excellent,' the property clearly meets the 'Good' criteria of being extensively renovated within the last 5 to 15 years, with well-maintained systems and minimal wear and tear, requiring no immediate renovations.
Pros & Cons

Pros

Proven Short-Term Rental Performance: The property has a track record as a successful 5-star short-term rental, offering immediate income potential and a strong investment opportunity in a popular vacation destination.
Prime Moonridge Location & Desirable Views: Situated in the highly sought-after Moonridge area, it offers convenient access to Big Bear ski resorts, hiking trails, and lake activities, complemented by appealing ski slope and mountain views.
Extensive Modern Upgrades: The home boasts significant upgrades including Acacia hardwood floors, a modern kitchen with knotty alder cabinets, granite countertops, stainless steel appliances, newer Milgard dual-pane windows, and dual-zone heating.
Ample Space & Practical Amenities: With 5 bedrooms and 3.5 baths, EV charging readiness with a dedicated meter, and off-street parking for 5+ vehicles, the property is well-equipped to accommodate large groups or multiple families.
Enhanced Outdoor Living & Storage: Features a fabricated rear deck with a Sunsetter electric awning, a fenced backyard with a sprinkler system for easy maintenance, and convenient walk-in storage beneath the home.

Cons

Lack of Central Air Conditioning: While typical for mountain climates, the absence of central air conditioning could be a comfort consideration for some during warmer summer periods.
Age of Original Construction: Despite extensive modern upgrades, the property's original build year of 1984 means some underlying systems or structural components may be older, potentially requiring future maintenance or updates not explicitly mentioned.
Partial View Limitation: The inclusion of 'Peek-A-Boo' as a view type suggests that some views may be partially obstructed or not fully panoramic, despite the presence of ski slope and mountain views.

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