796 Silver Tip Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
ACTIVE$475,000
796 Silver Tip Drive, Big Bear Lake, California 92315
2Beds
2Baths
978Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($417,041.22) is $57,958.78 (12%) lower than the list price ($475,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Accessibility: Nestled in the desirable Moonridge neighborhood, the property is just two minutes from Bear Mountain and the newly revitalized Moonridge Corridor, offering excellent access to recreation and amenities.
Top Cons:
Property Age: Built in 1957, the property's age may imply older systems or potential for future maintenance and updates beyond its current charming condition.
Compared to the nearby listings
Price:$475.0K vs avg $637.5K ($-162,450)27%
Size:978 sqft vs avg 1,714 sqft16%
Price/sqft:$486 vs avg $39677%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this charming cabin maintains a rustic aesthetic with extensive wood paneling. While the property appears well-maintained, the kitchen features dated knotty pine cabinets, blue tile countertops and backsplash, and older white appliances, indicating a lack of significant renovation in the last 20-30 years. The bathrooms also show dated tile work and basic fixtures. Major systems like heating (visible wall heater) are functional but outdated. The property is livable and functional but requires minor updates, particularly in the kitchen and bathrooms, to meet modern standards and appeal.
Year Built
1957
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$486
HOA
-
Days on market
-
Sold On
-
MLS number
IG25129709
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
Spa
ViewMountain(s), Neighborhood
About this home
Escape to this charming mountain cabin nestled among the pines in the desirable Moonridge neighborhood—just two minutes from Bear Mountain and the newly revitalized Moonridge Corridor. This cozy retreat offers 2 bedrooms, 2 bathrooms, a dedicated dining area, and a spacious family room with rustic wood T&G accents and a classic wood-burning fireplace. Step outside to unwind on the expansive deck or soak in the private spa surrounded by serene forest views. The partially fenced yard, basement with washer/dryer and extra storage, and level parking pads make mountain living easy. Whether you’re looking for a peaceful getaway or a proven income-producing vacation rental, this cabin delivers. Laundry down below! Estimated annual rental income: $42,600. Proforma available upon request.
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•1.9mi
2/10
Big Bear Elementary School
Public,•K-6•2.7mi
3/10
Big Bear Middle School
Public,•7-8•2.3mi
6/10
Big Bear High School
Public,•9-12•2.2mi
Condition Rating
Fair
Built in 1957, this charming cabin maintains a rustic aesthetic with extensive wood paneling. While the property appears well-maintained, the kitchen features dated knotty pine cabinets, blue tile countertops and backsplash, and older white appliances, indicating a lack of significant renovation in the last 20-30 years. The bathrooms also show dated tile work and basic fixtures. Major systems like heating (visible wall heater) are functional but outdated. The property is livable and functional but requires minor updates, particularly in the kitchen and bathrooms, to meet modern standards and appeal.
Pros & Cons
Pros
Prime Location & Accessibility: Nestled in the desirable Moonridge neighborhood, the property is just two minutes from Bear Mountain and the newly revitalized Moonridge Corridor, offering excellent access to recreation and amenities.
Strong Income Potential: This cabin is a proven income-producing vacation rental with an estimated annual income of $42,600, presenting a significant investment opportunity.
Exceptional Outdoor Living: Features an expansive deck and a private spa surrounded by serene forest views, providing ideal spaces for relaxation and enjoying the mountain environment.
Charming Mountain Aesthetic: The interior boasts rustic wood T&G accents and a classic wood-burning fireplace, creating an authentic and cozy mountain cabin ambiance.
Practical Amenities: Includes a basement with a washer/dryer and extra storage, along with convenient level parking pads, enhancing the ease and functionality of mountain living.
Cons
Property Age: Built in 1957, the property's age may imply older systems or potential for future maintenance and updates beyond its current charming condition.
Listed Above Estimated Value: The current listing price of $475,000 is 8% higher than the estimated property value of approximately $434,699, suggesting a potential overvaluation.
Compact Living Space: With 978 square feet, the cabin offers a relatively smaller living area, which might be a limitation for buyers seeking more expansive accommodations.