40221 Esterly Lane, Big Bear Lake, California 92315, Big Bear Lake, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$499,999
40221 Esterly Lane, Big Bear Lake, California 92315
3Beds
3Baths
1,316Sqft
2,500Lot
Year Built
1970
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25214868
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Great opportunity to own a home and a vacant land, strategically located, minutes from the Village, lake, ski slopes, and everything else Big Bear has to offer. chalet with unique and chic features in central Big Bear Lake. Interior has been completely remodeled in 2014 with energy efficient features. As well as the cement driveway, backyard fence a, 5 person jacuzzi tub and a fire pit added in 2022. Main level offers an open concept floor plan designed for entertaining, a central kitchen adjoining the living area and dining areas with slate floors throughout. Plenty of windows to bring in the natural light, recessed lighting throughout. Cozy upper level features wood floors, all three bedrooms with vaulted ceilings. Remodeled bathrooms have uniquely distressed wood vanities, vessel sinks, wood-look tiled shower enclosures with glass doors, and all modern fixtures. Tankless water heater, central forced air heating, stackable washer/dryer, recently installed EV charger. Currently it is being used as a short term rental home. The adjacent vacant land APN 0308-057-52-0000 vacant lot is included in the sale.

Price History

Date
Event
Price
09/11/25
Listing
$499,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (178 Listings)
Beds33
50%
Baths32
57%
Square foot1,3161,616
35%
Lot Size2,5008,000
3%
Price$500K$635K
29%
Price per square foot$380$403
42%
Built year19701975
39%
HOA
Days on market55173
2%
Condition Rating
Excellent

Despite being built in 1970, this property underwent a 'complete remodel' in 2014, bringing all major interior components, including the kitchen and bathrooms, to a modern, high-quality standard. The kitchen features modern stainless steel appliances, slate floors, and recessed lighting. Bathrooms are fully updated with stylish distressed wood vanities, vessel sinks, wood-look tiled showers, and contemporary fixtures. Furthermore, significant exterior and system upgrades, such as a new driveway, backyard fence, 5-person jacuzzi tub, fire pit, and EV charger, were added in 2022, making these elements virtually new. The property exhibits no deferred maintenance and meets current quality standards throughout its renovated areas.
Pros & Cons

Pros

Prime Location: Strategically located minutes from Big Bear Village, the lake, and ski slopes, offering excellent access to recreational activities and amenities, highly desirable for both personal use and rental.
Extensive Recent Upgrades: The interior was completely remodeled in 2014 with energy-efficient features, and significant outdoor additions like a cement driveway, backyard fence, 5-person jacuzzi, and fire pit were added in 2022, minimizing immediate buyer expenses.
Proven Short-Term Rental Income: Currently operating as a short-term rental home, indicating established income potential and a ready-to-go investment opportunity in a popular tourist destination.
Included Adjacent Vacant Land: The sale includes an additional vacant lot (APN 0308-057-52-0000), providing significant added value, potential for expansion, or future development.
Modern & Energy-Efficient Features: Equipped with a tankless water heater, central forced air heating, stackable washer/dryer, and a recently installed EV charger, enhancing comfort, convenience, and potentially reducing utility costs.

Cons

Original Construction Age: Built in 1970, the property's underlying structure is over 50 years old, which, despite significant remodels, could imply potential for older infrastructure or unforeseen maintenance needs not covered by recent updates.
Absence of Air Conditioning: While Big Bear's climate is generally mild, the lack of a dedicated cooling system might be a concern for some buyers during warmer periods, potentially impacting comfort.
Small Primary Lot Size: The main house sits on a relatively compact 2500 sqft lot, which might limit immediate private outdoor space directly around the chalet, despite the inclusion of an adjacent vacant lot.

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