929 Peter Avenue, Big Bear, California 92314, Big Bear, 92314 - 2 bed, 1 bath

929 Peter Avenue, Big Bear, California 92314 home-pic-0

929 Peter Avenue

Big Bear, California 92314

ACTIVE
CONDITION: GOOD
2Beds
1Baths
680Sq Ft
5,000Lot Size

Property Price

LIST PRICE$375,000
EST. MARKET VALUE
$331,514
11% AboveMARKET VALUE

SUMMARY

Analysis of 929 Peter Avenue, Big Bear, California 92314 reveals a property with a current list price of $375,000, which is 11% above the estimated $331,514 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Big Bear 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

$331,514
Based on Realkey algorithm analyzing recent comparable sales in Big Bear.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
929 Peter Avenue
Subject
$375,000*
List Price
21680$488-
A
777 W Aeroplane
Sold
$317,50021652$4870.6 mi
B
233 E Angeles Boulevard
Sold
$340,00021670$5070.5 mi
C
773 W Aeroplane Boulevard
Sold
$335,00022792$4230.6 mi
D
433 Sugarloaf Boulevard
Sold
$369,00031840$4390.6 mi
E
308 W Mojave Boulevard
Sold
$265,00021660$4020.5 mi
F
913 W Rainbow Boulevard
Sold
$360,00021894$4030.9 mi
G
311 E Barker Boulevard
Pending
$289,999
List Price
22705$4110.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1962, this property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern dark wood shaker cabinets, dark countertops, a contemporary tile backsplash, and stainless steel appliances, all appearing to be in excellent condition. The flooring throughout the visible areas is updated (hardwood/laminate), and the living room includes recessed lighting and a modern wood-burning stove. The exterior is freshly painted and well-maintained. The description explicitly mentions 'updated flooring, appliances, hardware, fixtures, ceramic and glass tile, wood blinds,' and that 'Nothing was skipped or overlooked,' suggesting a comprehensive renovation. While the exact renovation date isn't provided, the style and condition of the updates strongly indicate they fall within the 'extensively renovated within 5 to 15 years' timeframe, making the property move-in ready with no immediate renovation required.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey & Fully Furnished

    The home is beautifully decorated, updated, and comes fully furnished, offering an immediate move-in or rental-ready solution without additional investment.

  • Extensive Modern Updates

    Recent custom updates include new flooring, appliances, hardware, fixtures, ceramic/glass tile, and wood blinds, providing a fresh and contemporary aesthetic.

  • Energy Efficiency & Comfort Features

    Equipped with a Wi-Fi thermostat, extra blown ceiling insulation, and a Lopi wood-burning stove, enhancing comfort and energy savings.

CONSRISKS & DEFICIENCIES

  • Compact Living Space

    With only 680 square feet, the home offers limited interior living space, which may not suit all buyers or larger families.

  • Limited Bathroom Count

    The property features only one bathroom for two bedrooms, which could be inconvenient for multiple occupants or as a vacation rental.

  • Age of Structure

    Built in 1962, despite extensive updates, the underlying structure is over 60 years old, which may present long-term maintenance considerations for some buyers.

About 929 Peter Avenue

Beautifully decorated and updated 2-bedroom, 1 bath home in the desirable Peter Pan neighborhood off North Shore in Big Bear City. Freshly painted exterior. Custom touches include updates flooring, appliances, hardware, fixtures, ceramic and glass tile, wood blinds, and a Lopi wood burning stove. Wi-Fi thermostat ensures a perfect temperature for your arrival and saves energy. Plus, there's an extra layer of blown ceiling insulation for added comfort. Nothing was skipped or overlooked. Comes fully furnished with everything you need to begin enjoying this home immediately. A home quality built shed that matches the house in included. Plenty of parking on the 4-car textured/stamped concrete driveway and walkway. Room for an RV. Easy access year-round. Close to the National Forest and hiking/biking/off road trails. This would be a great second home, full time residence, or investment property!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
5,000 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
33%
Baths1.02.0
23%
Square foot6801,376
6%
Lot Size5,0007,228
33%
Price$375.0K$426.2K
34%
Price per sq ft$551$337
97%
Built year19621979
13%
HOA$0$0
50%
Days on market575221
99%

Pricing History

Listed for Sale

Aug 9, 2024

$375,000

Initial Listing

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