400 Shakespeare Lane, Big Bear, California 92314, Big Bear, - bed, bath

home-pic
ACTIVE$499,999
400 Shakespeare Lane, Big Bear, California 92314
3Beds
3Baths
1,170Sqft
8,678Lot
Year Built
1961
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25112086
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Discover the essence of mountain living in this fully furnished 3-bed, 2.5-bath retreat in Poets Corner. A rare street-to-street lot offers endless potential—build a garage, ADU, or even split the lot for another home. Just minutes from town and Maple Hills hiking trails, this location blends convenience with nature. Inside, the spacious kitchen and dining area feature a cozy fireplace, perfect for gatherings. Each bedroom provides a restful retreat, while the heated jacuzzi tub in the downstairs bath adds a touch of luxury and place to soak and relax after hiking, mountain biking or skiing. Step outside to low-maintenance Trex decking, ideal for soaking in the mountain ambiance. This home offers great rental potential, making it a fantastic investment opportunity. This property is a fantastic investment or personal getaway. Don’t miss this rare opportunity!-- 3rd party proforma data available by request.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (180 Listings)
Beds33
50%
Baths32
77%
Square foot1,1701,301
43%
Lot Size8,6787,210
67%
Price$500K$425K
64%
Price per square foot$427$357
80%
Built year19611979
8%
HOA
Days on market169180
42%
Condition Rating
Fair

The property was built in 1961. The interior photos show a dated style, particularly in the kitchen and bathrooms. While the property appears to be maintained, it would benefit from updates to bring it to modern standards. The description mentions a heated jacuzzi tub, which is a plus, but the overall condition suggests it's aged but maintained.
Pros & Cons

Pros

Investment Potential: The property offers great rental potential, making it a fantastic investment opportunity, especially with 3rd party proforma data available.
Street-to-Street Lot: A rare street-to-street lot provides endless potential for building a garage, ADU, or even splitting the lot for another home.
Prime Location: Located in Poets Corner, the property is just minutes from town and Maple Hills hiking trails, blending convenience with nature.
Fully Furnished: The property is fully furnished, offering immediate usability and appeal to potential renters or personal use.
Outdoor Living Space: Features low-maintenance Trex decking, ideal for soaking in the mountain ambiance.

Cons

Year Built: Built in 1961, the property may require updates to meet modern standards and preferences.
Limited Square Footage: The property has 1170 sqft, which might be small for some buyers.
Potential for Additional Construction: While the lot offers potential for expansion, it also means additional costs and effort for construction.

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