740 Cove Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
ACTIVE$690,000
740 Cove Drive, Big Bear Lake, California 92315
3Beds
2Baths
1,408Sqft
11,000Lot
Price Vs. Estimate
The estimated value ($638,171.985) is $51,828.015 (7%) lower than the list price ($690,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 1408.
Top Cons:
Age of Structure: Built in 1969, while many systems have been upgraded, the underlying structure is over 50 years old, which could imply potential for future maintenance needs related to original components not explicitly mentioned as replaced.
Compared to the nearby listings
Price:$690.0K vs avg $640.0K (+$50,050)60%
Size:1,408 sqft vs avg 1,714 sqft39%
Price/sqft:$490 vs avg $39678%
More Insights
Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has undergone extensive and thoughtful renovations, bringing its condition up to a 'Good' standard. The description explicitly states 'updated kitchen w/granite counters, newer appliances' and 'full custom tiled BA,' which are clearly visible in the images, showcasing modern fixtures and finishes that align with the property's rustic cabin aesthetic. Key systems like electrical, plumbing, windows (dual-paned), and the water heater (tankless) have been upgraded, indicating significant investment in modernization. The property is presented as 'move-in ready' and shows 'pride of ownership,' with no immediate renovations required. While the underlying structure is older, the comprehensive updates to critical areas and systems place it firmly in the 'Good' category, as it has been extensively renovated within the last 5-15 years, making it highly functional and appealing.
Year Built
1969
Close
-
List price
$690K
Original List price
$710K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
IG25194917
Home ConditionGood
Features
Good View: Lake, Mountain(s), Neighborhood, Trees/Woods
Deck
Spa
ViewLake, Mountain(s), Neighborhood, Trees/Woods
About this home
Premier location, lakeview, huge fenced in lot. 2-car garage plus room for 6 more in driveway. Lowest price in multi-mill $$ neighborhood, short walk to lake, hiking trails and Boulder Bay Park! Yard is perfect for snow play or relaxing in spa among mature trees, granite boulders and seasonal creek. Ground floor entrance to 3 sleeping areas- two large BRs (1 kg,1 qn) w/large closets/windows and multi-use room that sleeps 3 w/ closet, plus TV/ game room and a stone tiled full BA. Upstairs includes Great Room w/rock FP, dining area w/dual beverage centers and a full custom tiled BA. Updated kitchen w/granite counters, newer appliances and 10’ live edge bar surrounded by windows and stunning open beamed vaulted ceiling. Property is offered furnished, ready to use! Large lakeview deck accessed from GR and exterior stairs. All windows/10’ slider are newer dual paned, upgraded electrical and plumbing, new tankless WH and LED lighting. Pride of ownership, RV parking, upgraded baths and kitchen, huge deck and more. Just move in and enjoy.
Condition Rating
Good
Despite being built in 1969, this property has undergone extensive and thoughtful renovations, bringing its condition up to a 'Good' standard. The description explicitly states 'updated kitchen w/granite counters, newer appliances' and 'full custom tiled BA,' which are clearly visible in the images, showcasing modern fixtures and finishes that align with the property's rustic cabin aesthetic. Key systems like electrical, plumbing, windows (dual-paned), and the water heater (tankless) have been upgraded, indicating significant investment in modernization. The property is presented as 'move-in ready' and shows 'pride of ownership,' with no immediate renovations required. While the underlying structure is older, the comprehensive updates to critical areas and systems place it firmly in the 'Good' category, as it has been extensively renovated within the last 5-15 years, making it highly functional and appealing.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 1408.
Premier Location & Views: The property boasts a premier location with lake views, a short walk to the lake, hiking trails, and Boulder Bay Park, offering exceptional recreational access and scenic beauty.
Extensive Upgrades & Modernization: Significant recent upgrades include an updated kitchen with granite counters and newer appliances, dual-paned windows/slider, upgraded electrical and plumbing, a new tankless water heater, and LED lighting, ensuring modern comfort and reduced maintenance.
Move-in Ready & Furnished: Offered fully furnished and ready to use, this property provides immediate enjoyment for buyers, making it an ideal turn-key vacation home or rental opportunity.
Value in High-End Neighborhood: Positioned as the 'lowest price in a multi-mill $$ neighborhood,' this property offers an attractive entry point into a desirable, high-value area with potential for appreciation.
Generous Parking & Outdoor Amenities: Features a huge fenced lot, a 2-car garage, additional driveway parking for 6 vehicles, RV parking, and a yard perfect for snow play or relaxing in a spa among mature trees and a seasonal creek.
Cons
Age of Structure: Built in 1969, while many systems have been upgraded, the underlying structure is over 50 years old, which could imply potential for future maintenance needs related to original components not explicitly mentioned as replaced.
Relatively Smaller Square Footage: With 1408 sqft, the property is on the smaller side for a 'multi-mill $$ neighborhood,' which might limit its appeal to buyers seeking more expansive living spaces or larger primary residences.
Split-Level Layout: The layout features sleeping areas on the ground floor and the main Great Room upstairs, which may not suit all buyer preferences, particularly those with mobility concerns or a desire for a more traditional, unified living level.