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742 Wabash Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 1 bath

742 Wabash Lane, Sugarloaf, California 92386 home-pic-0
ACTIVE$279,000
742 Wabash Lane, Sugarloaf, California 92386
2Beds
1Bath
654Sqft
2,375Lot

Price Vs. Estimate

The estimated value ($121,429.725) is $157,570.275 (56%) lower than the list price ($279,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Mountain Location: Perfectly situated near hiking trails, ski slopes, and Big Bear’s top attractions, offering excellent recreational access and appeal for mountain enthusiasts.
Top Cons:
Older Construction & Potential Updates: Built in 1959, the property is older, which may imply a need for future maintenance, system upgrades, or cosmetic renovations to meet modern standards.

Compared to the nearby listings

Price:$279.0K vs avg $305.0K ($-26,000)38%
Size:654 sqft vs avg 899 sqft27%
Price/sqft:$427 vs avg $34778%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this cabin features a kitchen with very dated tile countertops, old wood cabinets, and linoleum flooring, suggesting renovations that are likely 30-50+ years old. The bathroom also appears basic and outdated. While the property is functional and marketed as a successful vacation rental, the core components of the kitchen and bathroom require substantial rehabilitation to meet modern standards and aesthetics. The overall condition, particularly in these key areas, indicates significant deferred updates beyond minor repairs.
Year Built
1959
Close
-
List price
$279K
Original List price
$299K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
EV24051964
Home ConditionPoor
Features
ViewNeighborhood

About this home

Escape to the mountains with this inviting 2-bedroom, 1-bath cabin, a true Big Bear retreat! Nestled in a tranquil setting, this cozy getaway offers the perfect blend of rustic charm and modern comfort. Step inside to a warm and welcoming atmosphere, featuring a beautiful rock fireplace—ideal for those chilly winter nights. The comfortable living area is the perfect spot to unwind after a day of adventure, while the well-equipped kitchen has everything you need to whip up delicious meals. Outside, enjoy the fenced backyard, offering privacy and space to take in the crisp mountain air. Start your mornings with coffee on the spacious front deck, or relax in the afternoon sun as you soak in the peaceful surroundings. Perfectly situated near hiking trails, ski slopes, and Big Bear’s top attractions, this home is not just a cozy retreat—it’s also a successful vacation rental with great potential! Don’t miss this opportunity to own your own piece of mountain paradise. The loft bedroom (approximately 180 sqft is not included in the square footage on title-Buyer to verify) See floorplan in pictures.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•0.8mi
3/10
Big Bear Middle School
Public,•7-8•4.1mi
6/10
Big Bear High School
Public,•9-12•0.6mi
Condition Rating
Poor
Built in 1959, this cabin features a kitchen with very dated tile countertops, old wood cabinets, and linoleum flooring, suggesting renovations that are likely 30-50+ years old. The bathroom also appears basic and outdated. While the property is functional and marketed as a successful vacation rental, the core components of the kitchen and bathroom require substantial rehabilitation to meet modern standards and aesthetics. The overall condition, particularly in these key areas, indicates significant deferred updates beyond minor repairs.
Pros & Cons

Pros

Prime Mountain Location: Perfectly situated near hiking trails, ski slopes, and Big Bear’s top attractions, offering excellent recreational access and appeal for mountain enthusiasts.
Proven Income Potential: Currently operating as a successful vacation rental, indicating strong investment potential and immediate revenue generation for a new owner.
Charming Rustic Ambiance: Features a beautiful rock fireplace and a cozy, welcoming atmosphere, embodying the desired 'Big Bear retreat' feel with rustic charm.
Desirable Outdoor Spaces: Includes a private fenced backyard and a spacious front deck, ideal for enjoying the crisp mountain air and outdoor living.
Recent Price Reduction: The property has seen a $20,000 price drop from its original listing, potentially offering better value and attracting more buyer interest.

Cons

Older Construction & Potential Updates: Built in 1959, the property is older, which may imply a need for future maintenance, system upgrades, or cosmetic renovations to meet modern standards.
Small Official Square Footage & Unpermitted Loft: The official square footage is small (654 sqft), and the additional 180 sqft loft is not included on title, requiring buyer verification and potentially impacting financing or future resale value.
Limited Bathroom Count: With only one bathroom for a 2-bedroom (plus loft) cabin, it may present convenience challenges for multiple guests or a family, especially as a vacation rental.

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