319 Arroyo Drive, Big Bear, California 92315, Big Bear, - bed, bath
ACTIVE$579,000
319 Arroyo Drive, Big Bear, California 92315
2Beds
1Bath
600Sqft
9,782Lot
Year Built
1947
Close
-
List price
$579K
Original List price
$595K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
24390081
Home ConditionGood
Features
Good View: Lake, Mountain(s), Peek-A-Boo
Patio
ViewLake, Mountain(s), Peek-A-Boo
About this home
One of California's most searched Airbnb's - BIG BEAR LAKE (Business Insider, July, 2020) This is a profitable turnkey investment casually located between the famous Big Bear Village and it's cornerstone Lake, with a peek-a-boo view of the lake. Great outdoors getaway cabin and perfect as a 4-season rental, a second home, or both! Super Cozy, this quaint cabin greets you with an open layout combined with rustic appeal. The kitchen features new appliances, led edge granite countertops and knotty pine cabinetry. Already a licensed rental, this cabin grossed 60k+ a year in 2023
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (178 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 29% |
| Baths | 1 | 2 | 17% |
| Square foot | 600 | 1,616 | 1% |
| Lot Size | 9,782 | 8,015 | 63% |
| Price | $579K | $635K | 42% |
| Price per square foot | $965 | $403 | 99% |
| Built year | 1947 | 1975 | 10% |
| HOA | |||
| Days on market | 524 | 174 | 98% |
Condition Rating
Good
The property was built in 1947, but the listing mentions new kitchen appliances and granite countertops. The images show a generally well-maintained interior with rustic appeal. While not fully renovated recently, the updates and overall condition suggest it's move-in ready with minimal wear and tear. The bathroom appears functional and updated, but not extensively renovated.
Pros & Cons
Pros
Proven Rental Income: The property has a strong rental history, grossing over $60,000 in 2023, making it an attractive investment opportunity.
Prime Location: Located conveniently between Big Bear Village and Big Bear Lake, offering easy access to amenities and recreational activities.
Turnkey Condition: Marketed as a turnkey investment, suggesting it's ready for immediate rental or personal use without significant additional work.
Updated Kitchen: Features a remodeled kitchen with new appliances, granite countertops, and knotty pine cabinetry, enhancing its appeal.
Lake View: Offers a peek-a-boo view of Big Bear Lake, adding to its desirability and potential rental value.
Cons
Small Square Footage: The cabin is only 600 sqft, which may limit its appeal to larger groups or families.
Year Built: Built in 1947, the property may require ongoing maintenance and potential upgrades due to its age.
Lot Size: The lot size is relatively small at 9782 sqft, potentially limiting outdoor space and expansion possibilities.