745 Eureka Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
ACTIVE$379,000
745 Eureka Drive, Big Bear Lake, California 92315
3Beds
2Baths
876Sqft
4,834Lot
Price Vs. Estimate
The estimated value ($379,000) is $0 (0%) lower than the list price ($379,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Strategically located just minutes from Big Bear Lake's key attractions including The Village, Snow Summit, dining, and shopping, offering convenience and high desirability.
Top Cons:
Compact Living Space: At 876 square feet, the property offers limited interior living space, which may not suit buyers requiring more room or accommodating larger groups comfortably.
Compared to the nearby listings
Price:$379.0K vs avg $637.5K ($-258,450)11%
Size:876 sqft vs avg 1,714 sqft10%
Price/sqft:$433 vs avg $39665%
More Insights
Built in 1950 (75 years old).
Condition: Despite being built in 1950, the property underwent an extensive renovation in 2019, which is within the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The images confirm a comprehensive update, showcasing a modern kitchen with white shaker cabinets, new countertops, and stainless steel appliances. The bathrooms feature updated vanities, modern fixtures, and tiled showers. New LVP flooring is present throughout, and the overall aesthetic is clean, fresh, and move-in ready with no visible deferred maintenance.
Year Built
1950
Close
-
List price
$379K
Original List price
$449K
Price/Sqft
$433
HOA
-
Days on market
-
Sold On
-
MLS number
PW24016730
Home ConditionExcellent
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods
About this home
Don't miss this Big Bear Lake gem with good rental history! This quirky Quonset Hut is a warm and cozy cabin just minutes from The Village and Snow Summit; with very close proximity to the lake, dining, shopping, and everything that Big Bear Lake has to offer. It's also located on the upper side of Eureka, just 13 parcels from the National Forest where you can hike, bike and explore! Featuring 3 bedrooms, each with a queen bed, and 2 bathrooms - One an en-suite. The cabin was renovated in 2019 and has an updated feel with a wood burning fireplace and cute front porch... great for sipping that morning cup of coffee in the woods.
Condition Rating
Excellent
Despite being built in 1950, the property underwent an extensive renovation in 2019, which is within the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The images confirm a comprehensive update, showcasing a modern kitchen with white shaker cabinets, new countertops, and stainless steel appliances. The bathrooms feature updated vanities, modern fixtures, and tiled showers. New LVP flooring is present throughout, and the overall aesthetic is clean, fresh, and move-in ready with no visible deferred maintenance.
Pros & Cons
Pros
Prime Location: Strategically located just minutes from Big Bear Lake's key attractions including The Village, Snow Summit, dining, and shopping, offering convenience and high desirability.
Established Rental Income Potential: Boasts a 'good rental history,' indicating a proven track record for income generation, appealing to investors or those seeking to offset ownership costs.
Recent Modernization: Underwent a significant renovation in 2019, providing an updated interior feel and modern amenities, reducing immediate maintenance concerns for a buyer.
Direct Access to Outdoor Recreation: Situated only 13 parcels from the National Forest, offering immediate access to hiking, biking, and exploration opportunities, enhancing its appeal to outdoor enthusiasts.
Charming & Unique Character: The 'quirky Quonset Hut' design provides a distinctive and cozy cabin ambiance, appealing to buyers seeking a unique and memorable mountain retreat.
Cons
Compact Living Space: At 876 square feet, the property offers limited interior living space, which may not suit buyers requiring more room or accommodating larger groups comfortably.
Age of Original Construction: Built in 1950, the property's underlying structure is over 70 years old. While renovated, potential buyers may have concerns regarding the condition of original systems not explicitly addressed.
Significant Price Reduction: The property has seen a substantial price reduction from its original list price, which could raise questions for potential buyers regarding its initial valuation or market demand.