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852 Cameron Drive, Big Bear, California 92315, Big Bear, 92315 - 3 bed, 2 bath

852 Cameron Drive, Big Bear, California 92315 home-pic-0
ACTIVE$949,000
852 Cameron Drive, Big Bear, California 92315
3Beds
2Baths
2,106Sqft
8,850Lot

Price Vs. Estimate

The estimated value ($677,334.505) is $271,665.495 (28%) lower than the list price ($949,000). 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 = 8850, living area = 2106.
Top Cons:
Potential Overpricing: The current list price of $949,000 is significantly higher than the estimated property value of approximately $677,334, indicated by a -28% estimation ratio, which may impact market appeal or negotiation flexibility.

Compared to the nearby listings

Price:$949.0K vs avg $640.0K (+$309,050)79%
Size:2,106 sqft vs avg 1,738 sqft71%
Price/sqft:$451 vs avg $39671%

More Insights

Built in 1994 (31 years old).
Condition: Built in 1994, this property is 30 years old and shows no evidence of major renovations since construction, particularly in the kitchen and bathrooms. The kitchen features dated light wood cabinets, older laminate countertops, and white appliances. Both bathrooms have dated vanities, light fixtures, and tile work. While the home appears well-maintained and functional, its interior aesthetics, especially in key areas like the kitchen and bathrooms, are significantly outdated and would require substantial updates to meet current market expectations. The flooring is predominantly carpet and older vinyl/linoleum. This aligns with the 'Fair' criteria of a home built over 20 years ago with no major renovations, where major components are functional but show signs of being outdated.
Year Built
1994
Close
-
List price
$949K
Original List price
$975K
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
219124827DA
Home ConditionFair
Features
Excellent View: Lake, Mountain(s), Trees/Woods
Deck
Spa
ViewLake, Mountain(s), Trees/Woods

About this home

Stunning Lakeview Retreat in Big Bear Lake - Steps from The Village! Wake up to breathtaking lake views in this incredible Big Bear Lake getaway! This 3-bedroom, 2-bathroom home boasts 2,106 sq. ft. of living space with panoramic water views from the living room, kitchen, master bedroom, balconies, and even the spa. Enjoy your morning coffee or evening glass of wine on the expansive balconies, where you can soak in the serene beauty of the lake and surrounding mountains. Located just a short walk to The Village, you'll have easy access to shopping, entertainment, and top-rated restaurants--a perfect blend of tranquility and convenience. This home also features a large build-up area, offering potential for an extra bedroom, game room, or additional living space--a fantastic opportunity to customize your dream retreat. Whether you're looking for a profitable vacation rental or a special mountain escape to enjoy with family and friends, this property is a rare find. Don't miss out on this one-of-a-kind Big Bear Lake retreat! Schedule your personal tour today.

Condition Rating
Fair
Built in 1994, this property is 30 years old and shows no evidence of major renovations since construction, particularly in the kitchen and bathrooms. The kitchen features dated light wood cabinets, older laminate countertops, and white appliances. Both bathrooms have dated vanities, light fixtures, and tile work. While the home appears well-maintained and functional, its interior aesthetics, especially in key areas like the kitchen and bathrooms, are significantly outdated and would require substantial updates to meet current market expectations. The flooring is predominantly carpet and older vinyl/linoleum. This aligns with the 'Fair' criteria of a home built over 20 years ago with no major renovations, where major components are functional but show signs of being outdated.
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 = 8850, living area = 2106.
Panoramic Lake Views: Offers breathtaking panoramic lake, mountain, and woods views from multiple vantage points, including living areas, master bedroom, and expansive balconies.
Prime Walkable Location: Strategically located just steps from The Village, providing convenient walking access to shopping, entertainment, and top-rated restaurants.
Strong Income/Investment Potential: Explicitly marketed as a profitable vacation rental opportunity, appealing to investors and those seeking a versatile mountain escape.
Significant Expansion Opportunity: Features a large build-up area offering considerable potential for an additional bedroom, game room, or expanded living space, allowing for customization.
Generous Outdoor Living Space: Includes expansive balconies and a spa, providing ample outdoor areas to enjoy the serene beauty of the lake and surrounding mountains.

Cons

Potential Overpricing: The current list price of $949,000 is significantly higher than the estimated property value of approximately $677,334, indicated by a -28% estimation ratio, which may impact market appeal or negotiation flexibility.
Age of Construction: Built in 1994, the property's age may suggest a need for updates to systems or aesthetics to align with modern buyer expectations, as no recent renovations are specified.
Limited Bathroom Count: With 3 bedrooms and only 2 bathrooms for over 2,100 sq. ft., the property offers a lower bathroom-to-bedroom ratio compared to some newer or larger homes, potentially impacting comfort for larger groups or vacation rental guests.

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