863 Ford Lane, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 4 bath
ACTIVE$634,900
863 Ford Lane, Big Bear Lake, California 92315
4Beds
4Baths
2,100Sqft
8,123Lot
Price Vs. Estimate
The estimated value ($634,900) is $0 (0%) lower than the list price ($634,900). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Location: Centrally located in Big Bear Lake, offering immediate access to the National Forest and minutes from the Village, lake, and ski slopes, enhancing its appeal for both residents and renters.
Top Cons:
Recent Price Reductions: Multiple price drops from the original listing price suggest potential overpricing or challenges in attracting buyers, possibly indicating extended market time.
Compared to the nearby listings
Price:$634.9K vs avg $637.5K ($-2,550)50%
Size:2,100 sqft vs avg 1,738 sqft71%
Price/sqft:$302 vs avg $3958%
More Insights
Built in 1989 (36 years old).
Condition: The property, built in 1989, is 35 years old. While it benefits from 'new flooring' and a 'tastefully updated' guest unit, the main house's bathrooms are significantly dated with older vanities, fixtures, and tile work, requiring substantial aesthetic updates. The kitchen features newer countertops and painted lower cabinets, but the upper cabinets and ceiling fan appear older, indicating a partial rather than a full modern renovation. Major systems, typical for a property of this age, may also be original. The property is well-maintained and functional, but the outdated bathrooms prevent it from achieving a 'Good' rating, as they would likely require more than 'minor updates' for most buyers.
Year Built
1989
Close
-
List price
$635K
Original List price
$675K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
IG25101264
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods
About this home
Looking for a smart investment? This centrally located Bear Lake property has been a successful rental, offering both income potential and personal enjoyment. Just steps from the National Forest and minutes to the Village, lake, and slopes, the main home features 3 bedrooms, 2.5 baths, an attached garage, and three spacious decks. The open great room showcases vaulted tongue-and-groove ceilings, a wood-burning stove, and bar seating and new flooring. The separate guest unit (not an ADU) has been tastefully updated—currently used by the owner while the main house is rented. The backyard is fully upgraded with turf, a built-in trampoline, and a custom playground, all set in a peaceful, woodsy location.
Condition Rating
Fair
The property, built in 1989, is 35 years old. While it benefits from 'new flooring' and a 'tastefully updated' guest unit, the main house's bathrooms are significantly dated with older vanities, fixtures, and tile work, requiring substantial aesthetic updates. The kitchen features newer countertops and painted lower cabinets, but the upper cabinets and ceiling fan appear older, indicating a partial rather than a full modern renovation. Major systems, typical for a property of this age, may also be original. The property is well-maintained and functional, but the outdated bathrooms prevent it from achieving a 'Good' rating, as they would likely require more than 'minor updates' for most buyers.
Pros & Cons
Pros
Exceptional Location: Centrally located in Big Bear Lake, offering immediate access to the National Forest and minutes from the Village, lake, and ski slopes, enhancing its appeal for both residents and renters.
Proven Income Potential: Established history as a successful rental property, presenting a strong investment opportunity for continued income generation or personal enjoyment.
Versatile Dual Living Spaces: Features a main home with 3 bedrooms and 2.5 baths, complemented by a separate, tastefully updated guest unit, providing flexible living arrangements or additional utility.
Enhanced Outdoor Living: The backyard is fully upgraded with turf, a built-in trampoline, and a custom playground, all set within a peaceful, woodsy environment, ideal for families and recreation.
Appealing Interior Features: The main home boasts an open great room with vaulted tongue-and-groove ceilings, a cozy wood-burning stove, bar seating, and new flooring, creating a desirable mountain aesthetic.
Cons
Recent Price Reductions: Multiple price drops from the original listing price suggest potential overpricing or challenges in attracting buyers, possibly indicating extended market time.
Guest Unit Legal Status: The separate guest unit is explicitly noted as 'not an ADU,' which may imply limitations on its independent rental use or legal status compared to a fully permitted Accessory Dwelling Unit.
Property Age & System Condition: Built in 1989, the property is 35 years old. While cosmetic updates are present, major systems (e.g., HVAC, plumbing, electrical) may be original and could require future inspection, maintenance, or replacement.