
386 Meadow Circle North, Big Bear Lake, CA 92315
This just came up today. $847,900 for a 3 bedroom, 3.5 bath log style lakefront home over in Eagles Knoll. There’s been a lot of hype about this property. Everyone’s looking for a bargain and because it’s bank owned, potential buyers were assuming it would be inexpensive. It sold back in April of 2005 for $985,000….the previous owner, who is a local real estate agent, did a cosmetic reno (put new flooring in, redid the bathrooms with marble and slate, and replaced plumbing and lighting fixtures), and flipped it for a hefty profit. It sold at the end of 2006 for $1,500,000. 100% financed with a 1st of $1,200,000 and a 2nd for $300,000. The bank recently took it back at $772,539.
The Positives: It was updated in 2006. Distressed hard wood flooring, all bedrooms are suites with their own bathroom.
The Negatives: It needs a little TLC. Interior and exterior paint. It needs 10 new interior doors and some light fixtures.

Fireplace

Master Bedroom Upstairs

Bathroom Upstairs

Boat Slip
All in all I think it will sell fast….probably multiple offers. Give me a call or shoot me an email if you think this might be something you would be interested in.
[googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=386+Meadow+Circle+North,+Big+Bear+Lake,+CA+92315&sll=37.0625,-95.677068&sspn=30.048013,56.25&ie=UTF8&ll=34.264381,-116.882257&spn=0.007644,0.013733&z=14&iwloc=A&output=embed&w=425&h=350]




















































Good luck selling
By: enigmaticblogger90 on June 14, 2009
at 12:48 am