847 Silver Tip Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
ACTIVE$439,000
847 Silver Tip Drive, Big Bear Lake, California 92315
2Beds
2Baths
880Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($439,000) is $0 (0%) lower than the list price ($439,000). This property may be overpriced.
Key pros and cons
Top Pros:
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.
Top Cons:
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.
Compared to the nearby listings
Price:$439.0K vs avg $637.5K ($-198,450)23%
Size:880 sqft vs avg 1,714 sqft10%
Price/sqft:$499 vs avg $39681%
More Insights
Built in 1956 (69 years old).
Condition: 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.
Year Built
1956
Close
-
List price
$439K
Original List price
$450K
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
PW25152652
Home ConditionExcellent
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods
About this home
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•2.4mi
6/10
Big Bear High School
Public,•9-12•2.1mi
Condition Rating
Excellent
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.
Pros & Cons
Pros
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.
Motivated Seller/Price Adjustment: The recent price reduction from $450,000 to $439,000 indicates a motivated seller and presents a more attractive entry point for potential buyers.
Generous Lot Size: The 6,000 sqft lot provides ample outdoor space, offering potential for landscaping, outdoor entertaining, or even future expansion, which is a valuable asset in a mountain community.
Cons
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.