642 Villa Grove Avenue, Big Bear City, California 92314, Big Bear City, - bed, bath

home-pic
ACTIVE$480,000
642 Villa Grove Avenue, Big Bear City, California 92314
3Beds
1Bath
1,184Sqft
7,303Lot
Year Built
1969
Close
-
List price
$480K
Original List price
$530K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25049267
Home ConditionFair
Features
Good View: Trees/Woods
Spa
Patio
ViewTrees/Woods

About this home

LOAN IS ASSUMABLE!! Take over the low 4.125% rate. This is your chance to own your beautiful mountain retreat in the coveted neighborhood of Moonridge! This home is in a beautiful quiet area of Moonridge with a large ground level lot and great parking. When you enter the home, gaze upon open beam, knotty pine peaked ceilings, walls adorned with bead board and so many tinted windows allowing natural light to illuminate the interior while minimizing heat. Gather around the large brick fireplace in the great room on snowy days. Enjoy time with family and friends while preparing meals with the open concept floor plan allowing the kitchen, living room and dining area to flow seamlessly together. The kitchen features plenty of cabinet storage space, a natural edge wood counter with bar seating, stainless steel appliances including a microwave and Chef-grade, 6-burner gas range - just imagine all the culinary delights you can create with that beauty! Two generously sized bedrooms are on the main level, with a spacious loft bedroom on the upper level. An upgraded bathroom features a double sink vanity with custom mirrors and a shower-in-tub with modern fixtures. Newly installed upgraded carpet and ceiling fans in every room will provide years of enjoyment. Upgraded electrical panel and outlets throughout as well as an EV charger is ready for your electric vehicle! The backyard is fully fenced and ready for entertaining with a large patio, hot tub, horseshoe pit, large shade trees and tons of extra space for outdoor fun and games. Nestled against the base of the mountain, you are blocks from ski resorts, dining, shopping, miles of trails to explore and of course, the lake. This home can also be used as a short-term rental property and aid in paying the mortgage. You do not want to miss the opportunity to see this beautiful chalet home.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,K-61.5mi
2/10
Big Bear Elementary School
Public,K-63.2mi
3/10
Big Bear Middle School
Public,7-82.9mi
6/10
Big Bear High School
Public,9-121.7mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (178 Listings)
Beds33
50%
Baths12
17%
Square foot1,1841,616
28%
Lot Size7,3038,000
36%
Price$480K$635K
26%
Price per square foot$405$403
50%
Built year19691975
37%
HOA
Days on market242173
80%
Condition Rating
Fair

The property was built in 1969. The description mentions upgrades to the bathroom and electrical panel, and new carpet. The kitchen has stainless steel appliances and a unique counter, but the cabinets appear original. The bathroom has been updated with modern fixtures. Overall, the property shows signs of updates but is not fully renovated, placing it in fair condition.
Pros & Cons

Pros

Assumable Loan: The low 4.125% assumable loan is a significant financial advantage for potential buyers.
Location: Located in the desirable Moonridge neighborhood, close to ski resorts, dining, shopping, trails, and the lake.
Updated Kitchen: The kitchen features stainless steel appliances, a natural edge wood counter with bar seating, and a chef-grade 6-burner gas range.
Outdoor Space: The property boasts a fully fenced backyard with a large patio, hot tub, horseshoe pit, and ample space for outdoor activities.
Short-Term Rental Potential: The property can be used as a short-term rental, providing income potential to offset mortgage costs.

Cons

Single Bathroom: Only one bathroom for a 3-bedroom house may be insufficient for some buyers.
Year Built: Built in 1969, the property may require updates to meet modern standards and preferences.
Price Reduction: The property has already undergone a price reduction of $50,000, which may indicate underlying issues or market resistance.

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