716 Elysian Boulevard, Big Bear City, California 92314, Big Bear City, 92314 - 1 bed, 1 bath
ACTIVE$299,000
716 Elysian Boulevard, Big Bear City, California 92314
1Bed
1Bath
648Sqft
5,000Lot
Price Vs. Estimate
The estimated value ($249,209.425) is $49,790.575 (16%) lower than the list price ($299,000). This property may be overpriced.
Key pros and cons
Top Pros:
Proven Short-Term Rental Success: The property is an already successful Airbnb/short-term rental, offering immediate income potential and the option to purchase furnished for a turnkey operation.
Top Cons:
Limited Official Interior Space: The official square footage is only 648 sqft, which is small for a property marketed to sleep 7, potentially feeling cramped for longer stays or full-time residency.
Compared to the nearby listings
Price:$299.0K vs avg $415.0K ($-116,000)16%
Size:648 sqft vs avg 1,296 sqft6%
Price/sqft:$461 vs avg $35188%
More Insights
Built in 1959 (66 years old).
Condition: The property was built in 1959, making it over 60 years old. While the exterior shows good curb appeal for a cabin-style home and it's marketed as a successful Airbnb, there are no interior images or descriptions of recent renovations, particularly for the kitchen and bathrooms. Given its age and the lack of renovation details, it's highly probable that the interior features, appliances, and systems are functional but outdated in style and design, fitting the 'Fair' category where major components are functional but show signs of being aged.
Year Built
1959
Close
-
List price
$299K
Original List price
$399K
Price/Sqft
$461
HOA
-
Days on market
-
Sold On
-
MLS number
OC25193205
Home ConditionFair
Features
Good View: Hills, Trees/Woods
ViewHills, Trees/Woods
About this home
AMAZING OPPORTUNITY. Check out this property, it's worth your time. DOUBLE LOT with a HUGE yard. Already a successful AIRBNB/SHORT TERM RENTAL. You will be impressed by it's amazing layout and ability to SLEEP 7 PEOPLE comfortably. This home can also be purchased FURNISHED with the right offer. You will love the extra space of the LOFT and the mud room which can sleep 3 comfortably. The loft is not included in the interior square footage but adds a substantial amount of useable space! This place is READY TO GO for your short term rental dreams/vacation home or full time residence. Adorable CURB APPEAL, GIGANTIC YARD, and excellent USEABLE living space and PLENTY OF PARKING. What more could you want?
Condition Rating
Fair
The property was built in 1959, making it over 60 years old. While the exterior shows good curb appeal for a cabin-style home and it's marketed as a successful Airbnb, there are no interior images or descriptions of recent renovations, particularly for the kitchen and bathrooms. Given its age and the lack of renovation details, it's highly probable that the interior features, appliances, and systems are functional but outdated in style and design, fitting the 'Fair' category where major components are functional but show signs of being aged.
Pros & Cons
Pros
Proven Short-Term Rental Success: The property is an already successful Airbnb/short-term rental, offering immediate income potential and the option to purchase furnished for a turnkey operation.
Expansive Outdoor Space: Features a double lot with a huge, gigantic yard, providing ample outdoor living space and potential for future expansion or amenities.
Optimized Layout for Occupancy: Despite its official size, the property boasts an amazing layout designed to comfortably sleep up to 7 people, maximizing rental income potential.
Bonus Usable Space: Includes a loft and mudroom that add substantial usable space not counted in the official square footage, further enhancing sleeping capacity and functionality.
Desirable Views & Curb Appeal: Offers pleasant hills and trees/woods views, combined with adorable curb appeal and plenty of parking, enhancing its attractiveness to guests and residents.
Cons
Limited Official Interior Space: The official square footage is only 648 sqft, which is small for a property marketed to sleep 7, potentially feeling cramped for longer stays or full-time residency.
Minimal Bedroom/Bathroom Count: With only 1 bedroom and 1 bathroom, the property's functionality is limited, especially when accommodating up to 7 people, which could lead to inconvenience.
Recent Price Reductions & Valuation Discrepancy: The property has undergone significant price reductions from its original list price and is currently listed 10% above its estimated market value, suggesting potential overpricing or market resistance.