831 Crescent Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 1 bed, 1 bath
ACTIVE$299,000
831 Crescent Lane, Big Bear Lake, California 92315
1Bed
1Bath
420Sqft
5,840Lot
Price Vs. Estimate
The estimated value ($264,271.12) is $34,728.88 (11%) lower than the list price ($299,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Located in Boulder Bay, one of Big Bear's most sought-after areas, and just a short walk from the lake, offering excellent access to year-round activities.
Top Cons:
Compact Living Space: With only 420 sqft, 1 bedroom, and 1 bathroom, the property offers very limited living space, which may restrict its appeal to certain buyers or larger rental groups.
Compared to the nearby listings
Price:$299.0K vs avg $637.5K ($-338,450)2%
Size:420 sqft vs avg 1,714 sqft0%
Price/sqft:$712 vs avg $39698%
More Insights
Built in 1940 (85 years old).
Condition: This cabin, built in 1940, is aged but appears to be maintained, with recent updates including a newer roof and dual-pane windows. However, the interior, particularly the kitchen and bathroom, is significantly outdated. The kitchen is a very basic kitchenette with older appliances and minimal counter space. The bathroom features a small, pre-fab shower stall, indicating a functional but very dated setup. While these areas are functional, they would require substantial cosmetic updates and modernization to meet contemporary standards, moving beyond 'minor updates' for these specific rooms. The green carpet and knotty pine interior also contribute to an older aesthetic. Despite the structural updates, the overall interior condition and features place it in the 'Fair' category, as it is livable but shows its age and requires significant aesthetic improvements in key areas.
Year Built
1940
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$712
HOA
-
Days on market
-
Sold On
-
MLS number
WS25045162
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods
About this home
This charming one-bedroom, one-bathroom cabin is located in Boulder Bay, one of the most sought-after areas in Big Bear, perfect for year-round activities. The cabin features a unique knotty pine interior, beam ceilings, and a cozy wood-burning stove, creating a warm and inviting atmosphere. It is equipped with a newer roof and dual-pane windows, ensuring comfort and energy efficiency. Surrounded by panoramic views, the cabin is just a short walk from the lake, making it ideal for both winter skiing and summer water activities. Additionally, the property comes with an Airbnb license, making it suitable for personal use or as a lucrative rental investment. Whether you're looking for a peaceful retreat or a profitable investment opportunity, this cabin is the perfect choice. Contact us today to learn more and seize this exceptional opportunity!
Condition Rating
Fair
This cabin, built in 1940, is aged but appears to be maintained, with recent updates including a newer roof and dual-pane windows. However, the interior, particularly the kitchen and bathroom, is significantly outdated. The kitchen is a very basic kitchenette with older appliances and minimal counter space. The bathroom features a small, pre-fab shower stall, indicating a functional but very dated setup. While these areas are functional, they would require substantial cosmetic updates and modernization to meet contemporary standards, moving beyond 'minor updates' for these specific rooms. The green carpet and knotty pine interior also contribute to an older aesthetic. Despite the structural updates, the overall interior condition and features place it in the 'Fair' category, as it is livable but shows its age and requires significant aesthetic improvements in key areas.
Pros & Cons
Pros
Prime Location: Located in Boulder Bay, one of Big Bear's most sought-after areas, and just a short walk from the lake, offering excellent access to year-round activities.
Income Generating Potential: The property comes with an existing Airbnb license, making it an attractive and ready-to-operate lucrative rental investment.
Charming Cabin Features: Features a unique knotty pine interior, beam ceilings, and a cozy wood-burning stove, creating a desirable warm and inviting cabin atmosphere.
Recent Key Upgrades: Equipped with a newer roof and dual-pane windows, enhancing comfort, energy efficiency, and reducing immediate maintenance concerns.
Scenic Views: Surrounded by panoramic mountain and tree views, adding to the property's appeal as a peaceful retreat.
Cons
Compact Living Space: With only 420 sqft, 1 bedroom, and 1 bathroom, the property offers very limited living space, which may restrict its appeal to certain buyers or larger rental groups.
Age of Property: Built in 1940, the property is quite old. Despite some updates, older homes can often present unforeseen maintenance challenges or require further modernization.
Potential Overpricing: The list price of $299,000 is significantly higher than the estimated property value of $264,271.12, suggesting it may be priced above current market expectations.