710 Marin Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 2 bath

710 Marin Road, Big Bear Lake, California 92315 home-pic-0
ACTIVE$524,850
710 Marin Road, Big Bear Lake, California 92315
4Beds
2Baths
1,394Sqft
6,405Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual Unit Income Potential: The property offers two independent units, each with two bedrooms and separate entrances, making it ideal for maximizing rental income or accommodating multiple groups simultaneously in Big Bear Lake's booming rental market.
Top Cons:
Original Construction Year: Built in 1949, despite extensive renovations, the underlying structure and potentially some unseen systems (e.g., original plumbing, electrical not explicitly replaced) may be older and could require future attention.

Compared to the nearby listings

Price:$524.9K vs avg $512.4K (+$12,425)50%
Size:1,394 sqft vs avg 1,603 sqft50%
Price/sqft:$377 vs avg $32650%

More Insights

Built in 1949 (76 years old).
Condition: Despite being built in 1949, the property has undergone extensive and recent renovations, including a brand new roof, updated exterior with Hardy board, new wood-burning fireplaces, and freshly renovated interiors for both units. The kitchens and bathrooms are updated and functional, with Unit 1's bathroom appearing quite modern. While some kitchen appliances and light fixtures are not top-tier modern, the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years.
Year Built
1949
Close
-
List price
$525K
Original List price
$550K
Price/Sqft
$377
HOA
-
Days on market
-
Sold On
-
MLS number
AR25200743
Home ConditionGood
Features
Good View: Mountain(s)
Spa
Patio
ViewMountain(s)

About this home

A fantastic TWO UNIT opportunity, each with two bedrooms, their own entrance, and amenities, are ideal for hosting multiple groups or generating consistent rental income. Located in a prime spot, just minutes from Big Bear Lake’s attractions, hiking trails, and ski resorts, this property is a top pick for vacationers year-round. Each unit features comfortable living spaces, modern kitchens, and updated bathrooms—ready to impress guests. The property has recently undergone extensive updates, including a brand new $30,000 roof, with three layers stripped down, all new wood, and metal flashing installed. The exterior has been upgraded with Hardy board around the perimeter to address termites and warped wood, with fresh paint to match. Additionally, the newly updated spa, serviced by Olson Spa, is fully operational and ready for guests to enjoy. Both units boast new wood-burning fireplaces with metal chimneys, adding a cozy touch to the mountain retreat. Convenience and security have also been enhanced with electric locks that integrate with an app and camera system, making check-ins seamless. Other upgrades include a washer and dryer in the breezeway, new walls and insulation where a previous leak was repaired, and fully painted, freshly renovated interiors for both units. Surrounded by towering pines, the property offers a serene setting for visitors to relax, complete with space for outdoor dining and lounging. Ample parking accommodates multiple vehicles, essential for larger rental groups. Capitalize on Big Bear Lake’s booming rental market with this versatile property—perfect for generating passive income while enjoying everything this mountain paradise has to offer.

Condition Rating
Good

Despite being built in 1949, the property has undergone extensive and recent renovations, including a brand new roof, updated exterior with Hardy board, new wood-burning fireplaces, and freshly renovated interiors for both units. The kitchens and bathrooms are updated and functional, with Unit 1's bathroom appearing quite modern. While some kitchen appliances and light fixtures are not top-tier modern, the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Dual Unit Income Potential: The property offers two independent units, each with two bedrooms and separate entrances, making it ideal for maximizing rental income or accommodating multiple groups simultaneously in Big Bear Lake's booming rental market.
Extensive Recent Renovations: Significant upgrades include a brand new $30,000 roof, Hardy board exterior, updated spa, new wood-burning fireplaces, and fully renovated interiors with new walls, insulation, and paint, reducing immediate maintenance concerns.
Prime Tourist Location: Strategically located just minutes from Big Bear Lake’s main attractions, hiking trails, and ski resorts, ensuring high appeal and demand from vacationers year-round.
Guest-Ready Amenities & Technology: Each unit features modern kitchens, updated bathrooms, a newly updated spa, and smart electric locks with an app and camera system, providing convenience, comfort, and security for guests.
Serene Mountain Setting & Parking: Surrounded by towering pines, the property offers a tranquil environment with outdoor dining/lounging space and ample parking, enhancing the guest experience, especially for larger groups.

Cons

Original Construction Year: Built in 1949, despite extensive renovations, the underlying structure and potentially some unseen systems (e.g., original plumbing, electrical not explicitly replaced) may be older and could require future attention.
Compact Unit Sizes: With 1394 sqft divided into two 2-bedroom units, each unit is relatively compact, which might limit appeal for guests seeking more spacious accommodations or for longer-term stays.
Recent Price Reduction: The property has undergone a recent price reduction from $549,850 to $524,850, which could indicate initial overpricing or market resistance, potentially raising questions for prospective buyers.

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