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698 Villa Grove Avenue, Big Bear City, California 92314, Big Bear City, 92314 - 3 bed, 2 bath

698 Villa Grove Avenue, Big Bear City, California 92314 home-pic-0
ACTIVE$494,900
698 Villa Grove Avenue, Big Bear City, California 92314
3Beds
2Baths
1,080Sqft
7,225Lot

Price Vs. Estimate

The estimated value ($494,900) is $0 (0%) lower than the list price ($494,900). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential & Turnkey Ready: Currently operating as a successful vacation rental and being sold fully furnished, offering immediate income potential and a hassle-free transition for a new owner.
Top Cons:
Age of Property: Built in 1965, the property is nearly 60 years old, which may imply potential for older infrastructure (plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$494.9K vs avg $420.0K (+$74,900)62%
Size:1,080 sqft vs avg 1,296 sqft37%
Price/sqft:$458 vs avg $35188%

More Insights

Built in 1965 (60 years old).
Condition: The property, built in 1965, presents as move-in ready with a blend of charm and modern updates. The kitchen features newer stainless steel appliances, though the cabinetry and countertops are more traditional in style but appear well-maintained. The description highlights a mini-split system and forced air heating, indicating updated comfort systems. Flooring and paint throughout the visible areas appear fresh and well-kept. While not a full, high-end renovation, the property shows consistent care and functional updates, aligning with the 'Good' condition criteria of being well-maintained with minimal wear and tear and functional major systems.
Year Built
1965
Close
-
List price
$495K
Original List price
$500K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
PW25086563
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Deck
Spa
ViewMountain(s), Neighborhood

About this home

Escape to the mountains in this beautiful turnkey 3-bedroom, 2-bathroom Moonridge retreat, offering the perfect mix of charm and modern comfort. Tucked away for privacy on a large lot, and surrounded by soaring pines, this open-concept home features two impressive stone fireplaces, vaulted T&G ceilings, and a warm, inviting ambiance throughout. Enjoy year-round comfort with a mini-split system and forced air heating. The primary suite is located on the main floor, while the lower level includes two additional bedrooms, a bathroom, and laundry area - ideal for guests or a growing family. Step outside to enjoy two spacious decks, perfect for lounging or dining under the stars, and soak in the private hot tub after a day on the slopes or hiking trails. This home is currently operating as a successful vacation rental, offering built-in income potential and is just minutes from ski resorts, the Village, dining, grocery stores, and shopping. HOME IS BEING SOLD FULLY FURNISHED - SO YOU'LL BE READY TO GO!!! Whether you're looking for a peaceful second home, a full-time residence, or a turn-key rental investment, this Moonridge gem checks all the boxes!

Condition Rating
Good
The property, built in 1965, presents as move-in ready with a blend of charm and modern updates. The kitchen features newer stainless steel appliances, though the cabinetry and countertops are more traditional in style but appear well-maintained. The description highlights a mini-split system and forced air heating, indicating updated comfort systems. Flooring and paint throughout the visible areas appear fresh and well-kept. While not a full, high-end renovation, the property shows consistent care and functional updates, aligning with the 'Good' condition criteria of being well-maintained with minimal wear and tear and functional major systems.
Pros & Cons

Pros

Income Potential & Turnkey Ready: Currently operating as a successful vacation rental and being sold fully furnished, offering immediate income potential and a hassle-free transition for a new owner.
Prime Mountain Location: Situated in the desirable Moonridge area, minutes from ski resorts, The Village, dining, grocery stores, and shopping, providing excellent access to Big Bear's attractions.
Charming Architectural Features: Features an open-concept layout with vaulted tongue-and-groove ceilings and two impressive stone fireplaces, creating a warm and inviting mountain ambiance.
Enhanced Outdoor Living: Boasts two spacious decks perfect for lounging and dining, complemented by a private hot tub, ideal for relaxation after outdoor activities.
Year-Round Comfort & Privacy: Equipped with both a mini-split system and forced air heating for optimal climate control, and tucked away on a large, private lot surrounded by soaring pines.

Cons

Age of Property: Built in 1965, the property is nearly 60 years old, which may imply potential for older infrastructure (plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly mentioned.
Compact Interior Space: With 1080 square feet for a 3-bedroom, 2-bathroom layout, the interior living space might be considered compact for some buyers, especially those seeking a more expansive primary residence or larger family retreat.
Vacation Rental Management Demands: While a successful vacation rental offers income, it also entails ongoing management, cleaning, and maintenance responsibilities, which could be a drawback for buyers not interested in active property management.

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