847 Tehama Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
ACTIVE$699,995
847 Tehama Drive, Big Bear Lake, California 92315
2Beds
2Baths
2,100Sqft
8,916Lot
Price Vs. Estimate
The estimated value ($693,495.79) is $6,499.21 (0%) lower than the list price ($699,995). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Views: The property offers diverse and highly desirable views including Golf Course, Hills, Mountain(s), Panoramic, and Trees/Woods, significantly enhancing its appeal and potential value in a scenic location like Big Bear Lake.
Top Cons:
Older Construction: Built in 1979, the property is over 40 years old, which may suggest the need for updates to systems (e.g., plumbing, electrical, HVAC) or interior finishes to meet modern standards and preferences.
Compared to the nearby listings
Price:$700.0K vs avg $640.0K (+$60,045)61%
Size:2,100 sqft vs avg 1,738 sqft71%
Price/sqft:$333 vs avg $39517%
More Insights
Built in 1979 (46 years old).
Condition: Built in 1979, this property is well-maintained but shows signs of being outdated. The kitchen features updated stainless steel appliances, but the wood cabinets, custom range hood, and island style are dated. Flooring is a mix of hardwood and carpet, and light fixtures appear older. While functional and clean, the home has not undergone an extensive renovation within the last 15 years, aligning with the 'Fair' category's description of an aged but maintained property with functional yet outdated major components.
Year Built
1979
Close
-
List price
$700K
Original List price
$750K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
TR25154902
Home ConditionFair
Features
Good View: Golf Course, Hills, Mountain(s), Panoramic, Trees/Woods
Deck
Spa
ViewGolf Course,Hills,Mountain(s),Panoramic,Trees/Woods
About this home
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•2.0mi
2/10
Big Bear Elementary School
Public,•K-6•2.7mi
3/10
Big Bear Middle School
Public,•7-8•2.3mi
6/10
Big Bear High School
Public,•9-12•2.2mi
Condition Rating
Fair
Built in 1979, this property is well-maintained but shows signs of being outdated. The kitchen features updated stainless steel appliances, but the wood cabinets, custom range hood, and island style are dated. Flooring is a mix of hardwood and carpet, and light fixtures appear older. While functional and clean, the home has not undergone an extensive renovation within the last 15 years, aligning with the 'Fair' category's description of an aged but maintained property with functional yet outdated major components.
Pros & Cons
Pros
Exceptional Views: The property offers diverse and highly desirable views including Golf Course, Hills, Mountain(s), Panoramic, and Trees/Woods, significantly enhancing its appeal and potential value in a scenic location like Big Bear Lake.
Generous Living Space: With 2100 square feet for a 2-bedroom, 2-bathroom layout, the property provides ample and comfortable living space, which is a strong selling point for both full-time residents and vacation home buyers.
Desirable Location: Situated in Big Bear Lake, a popular recreational and vacation destination, the property benefits from strong market demand for mountain homes and investment opportunities.
Recent Price Adjustment: Multiple price reductions from the original list price of $750,000 to the current $699,995 indicate increased motivation from the seller and potentially a more competitive offering for buyers.
Ample Lot Size: The 8916 sqft lot provides significant outdoor space, offering potential for landscaping, outdoor entertaining, or simply enjoying the natural surroundings.
Cons
Older Construction: Built in 1979, the property is over 40 years old, which may suggest the need for updates to systems (e.g., plumbing, electrical, HVAC) or interior finishes to meet modern standards and preferences.
Lower School Ratings: The elementary and middle schools in the area have relatively low ratings (2 and 3 respectively), which could be a concern for families prioritizing school quality for their children.
Market Perception from Price Drops: While a price reduction can attract buyers, multiple drops from the original listing price might raise questions among potential buyers about the property's initial valuation or any underlying issues.