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40197 Mill Creek Rd, Big Bear Lake, CA, 92315

$412,000

Home List Price

$4,893*

Closing Credit

2 Bedrooms
2 Full Baths
600 SqFt
$687/SqFt
Multi
Schools Nearby

Location

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40197 Mill Creek Rd, Big Bear Lake$412,000

Buyer Closing Credits

$4,893*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, RV Access/Parking
Year Built1945
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewMountain(s)
MLS #IV24050945
Lot Size0.22 Acres
StatusActive

About 40197 Mill Creek Rd

This unique offering presents two charming studio units and three separate parcels, offering endless possibilities for rental income or personal use and possible building opportunities. With the potential for lucrative Airbnb income, this property is a gem for savvy investors seeking a foothold in the thriving Big Bear Lake vacation rental market and the option to build a full-time third home. Convenience meets curb appeal with the newly asphalted driveway. The fresh and well-maintained surface provides ample parking space for tenants and guests, adding to the property's overall appeal. RV hookups are available. Each studio unit comes with separate utility meters, offering tenants and landlords ease of management and accountability for utility usage. Both units come fully furnished. Location, location, location! This investment property is conveniently located just a stone's throw away from Big Bear Village, where many shops, restaurants, and entertainment options exist. Your guests will appreciate the ease of access to all the Village's amenities. SELLER MAY CONSIDER CARRYING

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: Windermere Tower Properties
  • Office Phone: (951) 545-1630
  • Listing Agent: JENNIFER GAMBLE

Interior Features

Interior Information:

  • Interior: All Bedrooms Down, Multiple Primary Suites
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Parking: Driveway, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Big Bear High School, Public District Grades 9-12
  • Big Bear Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: Millcreek/Big Bear Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $412,000
  • Price Per SqFt: $687/SqFt

Tax Information:

  • Annual Amount: $3,696
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Big Bear Lake, CA.

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Big Bear Lake, CA

City

Med. Sold Price

$625K

Med. Price/SqFt

$445

Avg. Days On Market

76

# of Sold Homes

29

40197 Mill Creek Rd vs Big Bear Lake

46 DAYS ON ROCKET

-30 Days

$412,000

-$213K Less

$687/SqFt

+$242 More

KEY TAKEAWAY

This property is $213K less than the Median Sold Price and $242/SqFt more than other homes in Big Bear Lake, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV24050945

Listing Office:

  • Office Name: Windermere Tower Properties
  • Office Phone: (951) 545-1630
  • Listing Agent: JENNIFER GAMBLE

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 24, 2019Home Sold
$210,000
Jul 31, 2014Home Sold
$130,000
Aug 19, 2009Home Sold
$76,500
Nov 20, 2006Home Sold
$200,000
Sep 18, 1989Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,696$175,300
2020$3,246$173,502
2019$3,139$136,829
2018$3,038$134,146
2017$2,970$131,516

History based on county public records data.

Payment Calculator

$2,124

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,302

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2768749
4
/10

  • Big Bear Middle School

  • 41275 Big Bear Blvd

  • 1.39 miles

  • Public District Grades 7-8

High School

school-card-donut-2768750
4
/10

  • Big Bear High School

  • 351 Maple Rdg

  • 5.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,222. Residents of Big Bear Lake, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Bernardino County›Big Bear Lake›92315›40197 Mill Creek Rd

This home is located at 40197 Mill Creek Rd in Big Bear Lake, CA and zip code 92315 in the Big Bear City neighborhood. This 600 square foot home, which was built in 1945, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $412,000.

In March 2024 more than 4 listings in Big Bear Lake, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 22 were sold below. Between February 2024 and March 2024, Big Bear Lake, CA real estate market has seen increase in the number of listings by 9.1%. Listings spent 76 days on the market in March 2024, and had a median list price of $625,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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