42791 Ursa Major Way, Big Bear Lake, California 92315, Big Bear Lake, - bed, bath

home-pic
ACTIVE$925,000
42791 Ursa Major Way, Big Bear Lake, California 92315
3Beds
3Baths
2,702Sqft
7,748Lot
Year Built
1984
Close
-
List price
$925K
Original List price
$949K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
P1-21649
Home ConditionGood
Features
Good View: Mountain(s), Trees/Woods
Deck
Spa
ViewMountain(s), Trees/Woods

About this home

Furnished Home primed for an incredible opportunity for a short-term rental investment! Nestled within the majestic San Bernardino Mountains. This custom home is located in the sought-after Fox Farm area of Big Bear Lake on a level lot of 7748 Square Feet (per tax accessor data) perfect for RV parking. You will be greeted by a welcoming front porch and updated home that boasts a large living room, family room with vaulted ceilings, stately dining room to host wonderful parties, indoor tavern, and a BONUS downstairs Game Room with a half bath that is approximately 300 Extra Square Feet of Living Space. The chef's kitchen has gorgeous granite counters, six burner Viking cooktop, stainless steel appliances, large pantry, and is an entertainer's dream. Some other highlights of the home include a large redwood deck of approximately 900 Square Feet, premium laminate flooring throughout, Central Heating and Air, an abundance of windows, vaulted ceilings, a beautiful fireplace, two wood burning stoves, a finished garage, an indoor laundry room and a primary suite with a full bath. Take pleasure in grilling out on the deck and soaking in the sizeable hot tub while watching the starlit night sky. Whether you are in the market for a primary residence or vacation home retreat to escape the hustle and bustle of city life 42791 Ursa Major Way is the home for you with 2702 Square Feet of Living Space. Minutes away from the Lake, hiking trails, Ski slopes, Village shopping, restaurants, 4X4 trails, and Alpine Zoo.

Nearby schools

2/10
Big Bear Elementary School
Public,K-62.1mi
3/10
Big Bear Middle School
Public,7-81.6mi
6/10
Big Bear High School
Public,9-122.7mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (180 Listings)
Beds33
50%
Baths32
57%
Square foot2,7021,624
85%
Lot Size7,7488,000
46%
Price$925K$640K
79%
Price per square foot$342$403
23%
Built year19841976
61%
HOA
Days on market213174
69%
Condition Rating
Good

The property, built in 1984, shows updates, particularly in the kitchen with granite counters and stainless steel appliances. The bathrooms are not clearly visible in the images, but the overall interior appears well-maintained with laminate flooring throughout. While not fully renovated recently, the home is move-in ready and shows minimal wear and tear, justifying a 'good' condition score.
Pros & Cons

Pros

Short-Term Rental Potential: The property is furnished and located in a desirable area near Big Bear Lake, making it ideal for short-term rentals.
Updated Kitchen: The chef's kitchen features granite counters, a Viking cooktop, and stainless steel appliances, appealing to discerning buyers.
Ample Living Space: With 2702 sqft of living space, including a bonus game room and multiple living areas, the home offers plenty of room for families and entertaining.
Outdoor Amenities: The large redwood deck and hot tub provide excellent outdoor living and relaxation opportunities.
Central Heating and Air: The property has central heating and air conditioning, ensuring year-round comfort.

Cons

Year Built: Built in 1984, the property may require updates to appeal to buyers seeking modern amenities and design.
Lot Size: While the lot is level and suitable for RV parking, the size of 7748 sqft might be smaller compared to other properties in the area.
Price Reduction: The property has already experienced a price reduction, which may indicate challenges in the market or perceived overpricing.

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