847 Silver Tip Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
847 Silver Tip Drive
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 847 Silver Tip Drive, Big Bear Lake, California 92315 reveals a Fairly Priced Property with a current list price of $439,000 aligned with the estimated $439,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 847 Silver Tip Drive Subject | $439,000* List Price | 2 | 2 | 880 | $499 | - |
A 800 Club View Drive Sold | $500,000 | 3 | 2 | 998 | $501 | 0.4 mi |
B 1218 Bow Canyon Court Sold | $449,000 | 2 | 1 | 896 | $501 | 0.6 mi |
C 43289 Bow Canyon Road Sold | $427,000 | 2 | 1 | 864 | $494 | 0.3 mi |
D 43201 Sand Canyon Road Sold | $425,000 | 2 | 1 | 900 | $472 | 0.3 mi |
E 42704 Alta Vista Sold | $430,000 | 2 | 2 | 988 | $435 | 0.7 mi |
F 862 Menlo Drive Sold | $389,900 | 2 | 1 | 630 | $619 | 0.2 mi |
G 1144 S Sheephorn Road Active | $495,000 List Price | 3 | 2 | 1,095 | $452 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1956, this property has undergone an extensive and high-quality renovation. The kitchen features new white shaker cabinets, modern quartz-like countertops, black fixtures, and updated appliances, all appearing virtually new. The bathrooms also showcase recent updates with matching modern vanities, countertops, and fixtures, along with a new stacked washer/dryer. The consistent wood-look flooring throughout and recessed lighting contribute to a contemporary and move-in ready interior. All visible components meet current quality standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
Situated in Big Bear Lake, a highly sought-after year-round resort destination, appealing to both vacationers seeking mountain escapes and residents desiring a tranquil lifestyle.
- Scenic Views
The property boasts 'Trees/Woods' views, enhancing the quintessential Big Bear cabin experience and providing a serene, natural backdrop.
- Functional Layout
With 2 bedrooms and 2 bathrooms within 880 sqft, the property offers an efficient and practical layout, ideal for a vacation rental, a small family, or a couple.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1956, the property is nearly 70 years old, suggesting that major systems (plumbing, electrical, heating) and finishes may be original and require significant updates or replacement.
- Limited Square Footage
At 880 sqft, the interior living space is relatively compact, which may limit its appeal to larger families or those who require more expansive living and entertaining areas.
- Potential for Deferred Maintenance/Updates
Given its age and the lack of specific renovation details, a buyer should anticipate potential costs for deferred maintenance and necessary modernizations to meet current standards and preferences.
About 847 Silver Tip Drive
Exceptional opportunity in Big Bear Lake. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Baldwin Lane Elementary School
Grades K-6 • 1.9 mi
Big Bear Elementary School
Grades K-6 • 2.7 mi
Big Bear Middle School
Grades 7-8 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 880 | 1,716 | 10% |
| Lot Size | 6,000 | 8,167 | 21% |
| Price | $439.0K | $647.0K | 24% |
| Price per sq ft | $499 | $393 | 82% |
| Built year | 1956 | 1977 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 242 | 215 | 59% |
Pricing History
Listed for Sale
Aug 14, 2025
$439,000
Initial Listing
Price Change
Jul 8, 2025
$450,000
Initial Listing