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$499,900

Beds
1
Baths
1.0
sq ft
620

864 Elm St, Big Bear Lake, CA 92315

864 Elm St

Big Bear Lake, CA 92315

  • 145 days on market
    • Price drop $15,100↓
Discover the perfect blend of comfort and convenience in this stunning Lower Moonridge Chalet, ideally situated near Big Bear Lake's top attractions. Nestled close to the National Forest, hiking/sledding path sits right behind the home, Moonridge Corridor, Rathbun Creek, and just a stone's throw away from the ski resorts, ski resort shuttle, Zoo, Lake, golf course and the Village, this property is a haven for both adventure seekers and peace lovers alike. Home occupies a generous double lot totaling 5,000 sq ft. As an added bonus, there is an additional adjoining lot of 2,500 sq ft with its own parcel number and address available for purchase, making this a 7,500 sq ft lot. This cabin offers ample space and privacy. The adjoining lot provides an opportunity for expansion or customization, making it a valuable investment. Recent upgrades to the home enhance its charm and functionality. Enjoy the benefits of newer dual pane windows, electrical systems, plumbing, quartz countertops, tankless water heater and more. The interior features gorgeous LVP flooring, open beam T&G ceilings and a stone fireplace lends a touch of elegance to the rustic charm. This exquisite and turnkey home is not just a dwelling but a retreat from the everyday hustle, but also a profitable vacation rental. Whether you're looking for a seasonal getaway, or a permanent residence, this chalet is tailored to meet your needs. Don't miss out on the chance to own a piece of Big Bear Lake's sought-after Lower Moonridge area.

Details

Property type

Single Family Residence

Est. home value

$505,626

Lot size

7,500 sq ft

Price per sq ft

$807

Year built

1959

Price History

07/20/2024
CRMLS

CRMLS #PW24084535

Price change
$499,900
-2.93%
04/27/2024
CRMLS

CRMLS #PW24084535

Listed
$515,000
07/26/2023
CRMLS

CRMLS #PW23074553

Sold
$515,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Lake, Park

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

$104,554
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$355,354
Cash to seller
$104,554

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

Seller’s Loan History

Lender

Franklin Advantage Inc

Loan start date

June 2023

Original loan amount

$360,500

Est. remaining balance

$355,354

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Jennifer S Jones

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 9:30 AM

Listing updated: 08/21/2024 at 3:25 PM

Listed by: Michelle Trail, BHHS CA Properties Phone #: (714) 602-2626

MLS: CRMLS #PW24084535

CRMLS logo

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