650 San Bernardino Avenue, Sugarloaf, California 92386, Sugarloaf, 92386 - 1 bed, 1 bath

650 San Bernardino Avenue, Sugarloaf, California 92386 home-pic-0
ACTIVE$199,900
650 San Bernardino Avenue, Sugarloaf, California 92386
1Bed
1Bath
432Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($163,585.605) is $36,314.395 (18%) lower than the list price ($199,900). This property may be overpriced.

Key pros and cons

Top Pros:
Short-Term Rental Potential: The property holds a valid short-term rental permit, making it an ideal investment opportunity for income generation.
Top Cons:
Limited Living Space: With only 1 bedroom, 1 bathroom, and 432 sqft, the property offers very limited living space, restricting occupancy and potential buyer pool.

Compared to the nearby listings

Price:$199.9K vs avg $305.0K ($-105,100)4%
Size:432 sqft vs avg 899 sqft4%
Price/sqft:$463 vs avg $34787%

More Insights

Built in 1970 (55 years old).
Condition: Built in 1970, this property is over 50 years old. While described as 'turnkey,' the kitchen features very dated oak cabinets, old white appliances (gas range), laminate countertops, and linoleum flooring, strongly suggesting it has not undergone a major renovation in 30-50 years, or is largely original. The bathroom, though not fully pictured, is likely in a similar condition. These key areas require substantial rehabilitation and modernization to meet current quality and aesthetic standards, aligning with the 'poor' condition criteria for properties built over 30 years ago with very old renovations.
Year Built
1970
Close
-
List price
$200K
Original List price
$220K
Price/Sqft
$463
HOA
-
Days on market
-
Sold On
-
MLS number
IV25182886
Home ConditionPoor
Features
Good View: Hills, Mountain(s), Rocks, River, Trees/Woods
ViewHills, Mountain(s), Rocks, River, Trees/Woods

About this home

Cozy, turnkey mountain retreat in Sugarloaf, just 20 minutes from Big Bear Village. This 1-bedroom, 1-bath home is set behind a gated entry with a spacious driveway, fenced yard, and two mature trees that provide shade and privacy. A storage shed in the back offers extra space for tools or hobbies. This property holds a valid short-term rental permit, making it an ideal investment opportunity as well as a perfect weekend retreat. Inside, the living room features a bay window, cathedral ceiling, and a wood-burning stove for a warm, inviting feel. The efficient kitchen includes oak cabinets and additional storage for pantry use or small appliances. The bedroom is tucked away at the rear with an ensuite bath and a stacked washer and dryer.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-60.7mi
3/10
Big Bear Middle School
Public,7-83.9mi
6/10
Big Bear High School
Public,9-120.6mi
Condition Rating
Poor

Built in 1970, this property is over 50 years old. While described as 'turnkey,' the kitchen features very dated oak cabinets, old white appliances (gas range), laminate countertops, and linoleum flooring, strongly suggesting it has not undergone a major renovation in 30-50 years, or is largely original. The bathroom, though not fully pictured, is likely in a similar condition. These key areas require substantial rehabilitation and modernization to meet current quality and aesthetic standards, aligning with the 'poor' condition criteria for properties built over 30 years ago with very old renovations.
Pros & Cons

Pros

Short-Term Rental Potential: The property holds a valid short-term rental permit, making it an ideal investment opportunity for income generation.
Turnkey Mountain Retreat: Described as a 'cozy, turnkey mountain retreat,' the home is ready for immediate occupancy or rental without significant upfront work.
Charming & Functional Features: Includes desirable amenities such as a wood-burning stove, bay window, cathedral ceiling, gated entry, fenced yard, and a storage shed, enhancing its appeal and utility.
Scenic Views & Privacy: Offers picturesque views of hills, mountains, and trees, complemented by mature trees and a fenced yard providing shade and privacy.
Affordable Entry & Proximity to Big Bear: Priced under $200,000, it provides an accessible entry into the mountain market, located just 20 minutes from Big Bear Village.

Cons

Limited Living Space: With only 1 bedroom, 1 bathroom, and 432 sqft, the property offers very limited living space, restricting occupancy and potential buyer pool.
Age of Property: Built in 1970, the home is over 50 years old, which may imply older systems, potential for deferred maintenance, and less modern energy efficiency.
Recent Price Reductions: The property has undergone multiple price reductions, suggesting initial overpricing or challenges in attracting buyers at previous price points.

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