tomo logo

$389,000

Beds
2
Baths
1.0
sq ft
623

523 Cedar Ln, Sugarloaf, CA 92386

523 Cedar Ln

Sugarloaf, CA 92386

  • 28 days on market
Welcome to a one-of-a-kind modern mountain retreat nestled in the hidden gem of Sugarloaf, just minutes from Big Bear Lake and local ski slopes. Built in 2022, this stunning cabin seamlessly blends contemporary style with natural charm. It features two spacious bedrooms and a sleek bathroom adorned with Italian tile, offering a perfect mix of comfort and sophistication. The exterior welcomes you with natural Moroccan stone, showing a unique curb appeal and timeless durability. Inside, you'll discover a thoughtfully designed space with modern amenities, including top-of-the-line appliances, high ceilings, recessed lighting, and stylish finishes that ensure both functionality and luxury. Enjoy the convenience of a partially covered parking pad that offers protection from the elements and easy, leveled access from the road. This cabin is an ideal escape, with every detail curated for a serene and stylish living experience. Don’t miss the chance to make this exceptional property your home or dream vacation rental—it's already received rave reviews from short-term renters! The property comes fully furnished, with all the new decor and kitchen accessories included in the sale. Additionally, there is a bonus area downstairs that can serve as ample storage, a potential second unit, or a games room—the possibilities are endless. Although it feels quiet and secluded, it’s within walking distance to the local market, Kallan's Grill, and the free red bus, which provides convenient shuttles to the local slopes, sparkling lake, and bustling village entertainment.

Details

Property type

Single Family Residence

Est. home value

$380,650

Lot size

2,369 sq ft

Price per sq ft

$625

Year built

2022

Price History

08/22/2024
CRMLS

CRMLS #PW24174563

Listed
$389,000
+8.06%
10/27/2022
CRMLS

CRMLS #EV22134131

Sold
$360,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Bear Valley Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,581
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$279,299
Cash to seller
$78,581

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Royal Pacific Funding Corp

Loan start date

August 2022

Original loan amount

$287,200

Est. remaining balance

$279,299

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Lee William Gale and Natalie Mae Gale

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 3:30 PM

Listing updated: 09/17/2024 at 8:01 PM

Listed by: Michelle Harding, Keller Williams Coastal Prop. Phone #: (562) 961-1400

MLS: CRMLS #PW24174563

CRMLS logo

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