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

742 Wabash, Sugarloaf, California 92386 home-pic-0
ACTIVE UNDER CONTRACT$255,000$474/sqft
Est. Value: $217,457
-14%
AboveEstimate
742 Wabash, Sugarloaf, California 92386
2Beds
1Bath
474Sqft
2,375Lot

Price Vs. Estimate

The estimated value ($217,456.72) is $37,543.28 (14%) lower than the list price ($255,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location for Recreation: The chalet is ideally located close to the National Forest, offering direct access to outdoor activities and enhancing its appeal as a mountain getaway.
Top Cons:
Limited Living Space: With only 474 square feet, the property offers very compact living quarters, which may not be suitable for all buyers or extended stays.

Compared to the nearby listings

Price:$255.0K vs avg $299.0K ($-44,000)31%
Size:474 sqft vs avg 928.5 sqft4%
Price/sqft:$538 vs avg $32896%

More Insights

Built in 1959 (67 years old).
Condition: The property, built in 1959, is well-maintained and clean, functioning as a popular vacation rental. The description notes an 'updated bathroom,' which appears functional and tidy, but the kitchen features black appliances, black tile countertops, and light wood cabinets, suggesting a renovation that likely occurred 15-30 years ago. While move-in ready and charming in its rustic style, the kitchen's dated aesthetic and the extensive wood paneling throughout indicate that major components are functional but show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1959
Close
-
List price
$255K
Original List price
$255K
Price/Sqft
$538
HOA
-
Days on market
-
Sold On
-
MLS number
IG26004613
Home ConditionFair
Features
Deck
View-

About this home

Adorable chalet close to National Forest with endless mountain charm. Looking for a darling getaway selling furnished? This is the one for you! Cute exterior paint treatments make for super curb appeal. Lovely open living room features a gorgeous rock fireplace, kitchen and dining with soaring cathedral ceilings making the cabin feel larger than the square footage. Enjoy an updated bathroom, charming front deck and cute fenced backyard with outdoor seating and artificial turf. There is laundry on the back deck in the shed. Downstairs is one bedroom and Upstairs is a second loft style bedroom. This sweet retreat is a popular vacation rental, so showing midweek is easiest. Why spend more for your own special piece of Big Bear paradise?

H
Hudson Wilson
Listing Agent

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-60.8mi
3/10
Big Bear Middle School
Public,7-84.1mi
6/10
Big Bear High School
Public,9-120.6mi

Price History

Date
Event
Price
03/11/98
Sold
$48,500
09/16/21
Sold
$211,000
01/28/05
Sold
$123,000
Condition Rating
Fair

The property, built in 1959, is well-maintained and clean, functioning as a popular vacation rental. The description notes an 'updated bathroom,' which appears functional and tidy, but the kitchen features black appliances, black tile countertops, and light wood cabinets, suggesting a renovation that likely occurred 15-30 years ago. While move-in ready and charming in its rustic style, the kitchen's dated aesthetic and the extensive wood paneling throughout indicate that major components are functional but show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location for Recreation: The chalet is ideally located close to the National Forest, offering direct access to outdoor activities and enhancing its appeal as a mountain getaway.
Turnkey & Furnished: Being sold furnished, the property is ready for immediate occupancy or use as a vacation rental, saving buyers time and additional expenses.
Charming Interior Features: The open living room boasts a gorgeous rock fireplace and soaring cathedral ceilings, creating a spacious and inviting atmosphere despite the compact square footage.
Proven Vacation Rental Potential: The property is noted as a 'popular vacation rental,' indicating a strong track record for generating income and high demand.
Enhanced Outdoor Living: A charming front deck and a cute fenced backyard with outdoor seating and artificial turf provide appealing and low-maintenance exterior spaces for relaxation.

Cons

Limited Living Space: With only 474 square feet, the property offers very compact living quarters, which may not be suitable for all buyers or extended stays.
Inconvenient Laundry Location: The laundry facilities are located on the back deck in a shed, which is exposed to the elements and less convenient than an indoor setup.
Loft-Style Second Bedroom: The upstairs bedroom is a loft style, which typically offers less privacy and may not appeal to all potential occupants or guests.
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