813 Eureka Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath
ACTIVE$350,000
813 Eureka Drive, Big Bear Lake, California 92315
2Beds
1Bath
962Sqft
28,950Lot
Price Vs. Estimate
The estimated value ($350,000) is $0 (0%) lower than the list price ($350,000). 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 = 28950, living area = 962.
Top Cons:
Limited Living Space: The home is relatively small at 962 sq. ft. with 2 bedrooms and 1 bathroom, which may not meet the needs of buyers seeking more expansive living areas.
Compared to the nearby listings
Price:$350.0K vs avg $637.5K ($-287,450)6%
Size:962 sqft vs avg 1,714 sqft16%
Price/sqft:$364 vs avg $39532%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is significantly aged with no apparent major renovations in many decades. The bathroom is extremely dated, showing visible water stains/discoloration and exposed plumbing, indicating a need for substantial repairs and modernization. The kitchen, though not fully pictured, appears equally outdated with old cabinetry and fluorescent lighting. Throughout the home, dated carpets, wood paneling, and light fixtures contribute to an overall condition that requires extensive rehabilitation to meet modern standards.
Year Built
1947
Close
-
List price
$350K
Original List price
$425K
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
IG25131438
Home ConditionPoor
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
Great opportunity to own a 2-bedroom, 1-bath home on a spacious 28,950 sq. ft. street-to-street lot in the heart of Big Bear Lake. The property includes two private wells, three sheds, and a workshop, with plenty of room for storage and potential use. Surrounded by trees and located in a quiet neighborhood, the home offers privacy while still being close to local amenities. All public utilities are connected. Walking distance to the national forest, and just a five-minute drive to The Village and the lake. Suitable for full-time living, weekend use, or future development.
Condition Rating
Poor
Built in 1947, this property is significantly aged with no apparent major renovations in many decades. The bathroom is extremely dated, showing visible water stains/discoloration and exposed plumbing, indicating a need for substantial repairs and modernization. The kitchen, though not fully pictured, appears equally outdated with old cabinetry and fluorescent lighting. Throughout the home, dated carpets, wood paneling, and light fixtures contribute to an overall condition that requires extensive rehabilitation to meet modern standards.
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 = 28950, living area = 962.
Large, Developable Lot: A substantial 28,950 sq. ft. street-to-street lot offers significant potential for expansion, additional structures, or future development.
Prime Big Bear Lake Location: Situated in the heart of Big Bear Lake, with walking distance to the national forest and a short five-minute drive to The Village and the lake.
Abundant Auxiliary Structures: Features two private wells, three sheds, and a workshop, providing extensive storage, utility, and potential for various uses.
Private & Tranquil Setting: Nestled in a quiet, tree-lined neighborhood, offering a high degree of privacy and a serene environment.
Flexible Usage Potential: Suitable for diverse buyer needs, including full-time residency, a weekend retreat, or as an investment for future development.
Cons
Limited Living Space: The home is relatively small at 962 sq. ft. with 2 bedrooms and 1 bathroom, which may not meet the needs of buyers seeking more expansive living areas.
Advanced Age of Home: Built in 1947, the property is an older construction, potentially requiring significant updates, renovations, or maintenance to meet modern standards.
History of Price Reductions: Multiple price drops from an original $425,000 to the current $350,000 suggest potential overpricing or difficulty in market absorption.