663 Butte Avenue, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
ACTIVE$479,000
663 Butte Avenue, Big Bear Lake, California 92315
3Beds
2Baths
1,634Sqft
6,542Lot
Price Vs. Estimate
The estimated value ($479,000) is $0 (0%) lower than the list price ($479,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property is explicitly marketed for its potential to generate rental income via Airbnb, leveraging its popular year-round destination in Big Bear Lake.
Top Cons:
Age of Property: Built in 1957, the property's age may suggest potential for older systems, infrastructure, or deferred maintenance not explicitly detailed in the description.
Compared to the nearby listings
Price:$479.0K vs avg $637.5K ($-158,450)27%
Size:1,634 sqft vs avg 1,714 sqft48%
Price/sqft:$293 vs avg $3957%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this property has undergone some notable updates, particularly in the kitchen and bathrooms, which feature stainless steel appliances, custom wood cabinetry, modern-look tile flooring, and updated vanities. These areas appear clean and functional. However, the overall aesthetic in other living spaces, with extensive wood paneling, older carpeting, and visible wall heaters, suggests that the renovation was not comprehensive throughout the entire home. While well-maintained and move-in ready, the property shows signs of its age and some outdated components, aligning with the 'Fair' category's description of an aged home maintained with occasional updates, where major components are functional but show signs of being outdated.
Year Built
1957
Close
-
List price
$479K
Original List price
$499K
Price/Sqft
$293
HOA
-
Days on market
-
Sold On
-
MLS number
SR25064385
Home ConditionFair
Features
Deck
View-
About this home
Welcome to 663 Butte Ave in Big Bear/Moonridge Home with 3bed/2bath . Main living space is 2beds 1bath cozy living space where you have everything under one roof,. Open floor plan for living and dining and nice size kitchen with custom wood cabinetry and stainless steel appliances. Separate quest unit is perfect for quest to stay with 1bed/3/4 bath with own living space & its own private entrance and outdoor space or use it as game room for entertainment. Make it your vacation home to escape from busy city life and enjoy majestic pines and mountain air, or generate rental income with Airbnb with its popular as year -round destination. Don't miss this opportunity to own your own mountain retreat in Moonridge.
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•1.7mi
2/10
Big Bear Elementary School
Public,•K-6•3.0mi
3/10
Big Bear Middle School
Public,•7-8•2.6mi
6/10
Big Bear High School
Public,•9-12•1.9mi
Condition Rating
Fair
Built in 1957, this property has undergone some notable updates, particularly in the kitchen and bathrooms, which feature stainless steel appliances, custom wood cabinetry, modern-look tile flooring, and updated vanities. These areas appear clean and functional. However, the overall aesthetic in other living spaces, with extensive wood paneling, older carpeting, and visible wall heaters, suggests that the renovation was not comprehensive throughout the entire home. While well-maintained and move-in ready, the property shows signs of its age and some outdated components, aligning with the 'Fair' category's description of an aged home maintained with occasional updates, where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Income-Generating Potential: The property is explicitly marketed for its potential to generate rental income via Airbnb, leveraging its popular year-round destination in Big Bear Lake.
Versatile Guest Unit: A separate 1-bedroom, 3/4-bath guest unit with its own living space and private entrance offers flexibility for extended family, guests, or additional rental income streams.
Desirable Mountain Retreat Location: Located in Moonridge, Big Bear Lake, the property offers a serene escape amidst majestic pines and mountain air, appealing to those seeking a vacation home or tranquil living.
Updated Interior Features: The main living space boasts an open floor plan for living and dining, complemented by a kitchen featuring custom wood cabinetry and stainless steel appliances.
Recent Price Reduction: The listing price has been reduced from $499,000 to $479,000, potentially making it a more attractive and competitive option for buyers.
Cons
Age of Property: Built in 1957, the property's age may suggest potential for older systems, infrastructure, or deferred maintenance not explicitly detailed in the description.
Lower-Rated Local Schools: The proximity to elementary and middle schools with relatively low ratings (2-4) could be a deterrent for buyers with school-aged children.
Ambiguous Guest Unit Bathroom: The guest unit features a '3/4 bath,' which typically lacks a full bathtub, potentially limiting its appeal or functionality for some guests or long-term renters.