845 Villa Grove, Big Bear Lake, California 92314, Big Bear Lake, 92314 - 2 bed, 1 bath
ACTIVE$365,000$864/sqft
Est. Value: $317,854
-12%
AboveEstimate
845 Villa Grove, Big Bear Lake, California 92314
2Beds
1Bath
864Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($317,853.98) is $47,146.02 (12%) lower than the list price ($365,000). 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 = 7500, living area = 864.
Top Cons:
Age of Property: Built in 1971, the property is over 50 years old, which may imply outdated systems, finishes, or potential for deferred maintenance requiring future investment.
Compared to the nearby listings
Price:$365.0K vs avg $415.0K ($-50,000)36%
Size:864 sqft vs avg 1,291 sqft21%
Price/sqft:$422 vs avg $34780%
More Insights
Built in 1971 (55 years old).
Condition: Built in 1971, this cabin exhibits significant signs of age with very outdated finishes and systems. The kitchen features original-era dark cabinets, pink laminate countertops, and basic white appliances, while the single bathroom is equally dated with old fixtures. The interior is dominated by extensive wood paneling and a deep reddish-purple shag carpet, indicating no major renovations in decades. While structurally sound, it requires substantial rehabilitation to modernize and improve comfort, aligning with the 'value add potential' mentioned in the listing.
Year Built
1971
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$422
HOA
-
Days on market
-
Sold On
-
MLS number
OC26005533
Home ConditionPoor
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
Welcome to 845 Villa Grove, a charming cabin offering incredible value add potential. Nestled in the very desirable Moonridge neighborhood, this 2 bedroom, 1 bath home with a loft features a cozy, woodsy interior, vaulted beam ceilings, and a central fireplace, perfect for warm, inviting mountain evenings. Step out onto the spacious front deck and enjoy the ideal spot to relax, unwind, and take in the peaceful tree-lined views. This cabin is conveniently located near Bear Mountain Resort, the Big Bear Alpine Zoo, and both Snow Summit and Bear Mountain ski resorts. Whether you’re looking for a short term rental opportunity, a second home, or a full-time mountain retreat, this property offers endless potential. Don’t miss the chance to make this cabin your own piece of Big Bear paradise.
D
Dawna Kuch
Listing Agent
Price History
Date
Event
Price
06/27/97
Sold
$70,000
Condition Rating
Poor
Built in 1971, this cabin exhibits significant signs of age with very outdated finishes and systems. The kitchen features original-era dark cabinets, pink laminate countertops, and basic white appliances, while the single bathroom is equally dated with old fixtures. The interior is dominated by extensive wood paneling and a deep reddish-purple shag carpet, indicating no major renovations in decades. While structurally sound, it requires substantial rehabilitation to modernize and improve comfort, aligning with the 'value add potential' mentioned in the listing.
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 = 7500, living area = 864.
Prime Location: Nestled in the desirable Moonridge neighborhood, the property offers convenient access to Bear Mountain Resort, Big Bear Alpine Zoo, and both Snow Summit and Bear Mountain ski resorts, enhancing its appeal for mountain enthusiasts.
Short-Term Rental Potential: The property is explicitly marketed as having 'endless potential' for a short-term rental opportunity, a second home, or a full-time mountain retreat, making it attractive to investors.
Charming Mountain Aesthetic: Features a cozy, woodsy interior with vaulted beam ceilings and a central fireplace, creating an inviting and authentic cabin atmosphere highly sought after in Big Bear Lake.
Outdoor Living Space & Views: A spacious front deck provides an ideal spot to relax and enjoy peaceful tree-lined views, contributing to the property's recreational and relaxation value.
Value-Add Opportunity: The description highlights 'incredible value add potential,' suggesting opportunities for future renovations or upgrades to increase equity and maximize return on investment.
Cons
Age of Property: Built in 1971, the property is over 50 years old, which may imply outdated systems, finishes, or potential for deferred maintenance requiring future investment.
Limited Square Footage: With only 864 sqft, the property is relatively small for a 2-bedroom with a loft, potentially limiting its appeal to larger families or those desiring more living space.
Single Bathroom: The presence of only one bathroom for a 2-bedroom plus loft configuration can be a functional drawback, especially for short-term rental guests or multiple occupants.