Big Bear Bummers

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  • Heaven on Earth

    Address: 42290 Heavenly Valley Rd, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/42290-Heavenly-Valley-Rd-92315/home/4112940 Beds/Baths: 5 bed, 6 bath, 5,881 squares Purchase Price (3/2019): $1,500,000 Asking Price: $2,350,000 (LOL) Difference: +$850,000 Commission (5%): -$117,500 Total Gain/Loss: +$732,500 This is an enormous home on a huge plot of land with a pool and tennis court – very rare and special…

  • The Royal Tannenbaums

    Address: 355 Tannenbaum Dr, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/355-Tannenbaum-Dr-92315/home/4115685 Beds/Baths: 4 bed, 3 bath, 3,296 squares Purchase Price (1/2021): $825,000 Asking Price: $799,000 Difference: -$26,000 Commission (5%): -$39,950 Total Gain/Loss: -$65,950 This has got to be one of the most deluded sellers I’ve seen in my life.  First of all, this listing description…

  • The Pain Train

    Address: 455 Crane Dr. Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/455-Crane-Dr-92315/home/3504641 Beds/Baths: 3 bed, 3 bath, 1,381 squares Purchase Price (8/2022): $694,900 Asking Price: $679,000 Difference: -$15,900 Commission (5%): -$33,950 Total Gain/Loss: -$49,850 This is a cute house that looks to have been updated nicely and given the AirBnB Standardized Sprucing (ASS):  White paint, cutesy…

  • A View to a Kill

    Address: 39802 Lakeview Dr #26, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/39802-Lakeview-Dr-92315/unit-26/home/3490702 Beds/Baths: 2 bed, 2.5 bath, 1,574 squares Purchase Price (8/2022): $560,000 Asking Price: $510,000 Difference: -$50,000 Commission (5%): -$25,500 Total Gain/Loss: -$75,500 I need to reiterate how much I LOATHE when people rip out perfectly good kitchen cabinets in favor of open-air shelving.  Setting aside…

  • You’ll Rueda Day

    Address: 789 Rueda Ln, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/789-Rueda-Ln-92315/home/3488248 Beds/Baths: 2 bed, 1 bath, 752 squares Purchase Price (8/2023): $429,900 Sales Price (6/2024): $445,000 Difference: +$15,100 Commission (5%): -$22,250 Total Gain/Loss: +$7,150 Today I want to focus on a recent buyer who offloaded their mistake without getting crushed.  In fact, they eked out a tiny…

  • One-Bedroom Bummer

    Address: 334 Jeffries Rd, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/334-Jeffries-Rd-92315/home/3058652 Beds/Baths: 1 bed, 2 bath, 1,270 squares Purchase Price (3/2022): $660,000 Asking Price: $670,000 Difference: +$10,000 Commission: -$33,500 Total Loss: -$23,500 The most important thing you need to know is that it’s not a typo: This place, demanding a princely sum of $670,000 clams, has only…

  • Of Paramount Importance

    Address: 2377 Paramount Rd, Big Bear Lake, CA 92315 Redfin: https://www.redfin.com/CA/Big-Bear-Lake/42377-Paramont-92315/home/4113713 Beds/Baths: 4 bed, 2 bath, 1,802 squares Purchase Price (1/2022): $757,000 Down Payment (20%): $151,400 Asking Price: $699,900 Difference: -$57,100 Commission (3%): -$20,997 Total Gain/Loss: -$78,097 I respect this seller because at least they acknowledge they overpaid in 2022, and accept the fact that…