Laura Jewett

Laura Jewett

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$539,888

($526,791 down)
FHA

1238 Shasta Lane, Big Bear Lake, CA 92315

3
1
1,169 sqft
PITI Monthly
$1,176.54 /mo

Listing courtesy of: Dina Romero, Cornerstone Realty Group

Assumed Rate

7.04%
7.15%

Principal & Interest

$405 /mo
$409 /mo

What's Special

LOCATION
DESIRED
MINUTES AWAY
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
PATIO
BALCONY
CUL-DE-SAC
SAFE
CHARMING
COZY

Nestled in the charming Moonridge community of Big Bear, this lovely 3-bedroom, 1-bath cottage offers the perfect blend of comfort and convenience. The spacious great room features a beautiful rock fireplace, creating a warm and inviting atmosphere. Large sliding doors open to a generous main balcony/patio, ideal for entertaining family and friends, hosting BBQs, or simply enjoying a peaceful evening of star-gazing. The home includes a pool table that has recently been upgraded with new blue felt. An enclosed back porch - outdoor safe haven for your pets. The updated kitchen includes sleek granite countertops, brand-new wood cabinetry, a newer dishwasher and stove. Just off the kitchen, a practical laundry area and mudroom provide additional storage and functionality. The main floor also features a full bathroom for added convenience. Upstairs, all three bedrooms are comfortably tucked away, with one bedroom offering its own private balcony to enjoy the surrounding views. The third bedroom has built-in drawers, a full size bed platform with large storage area underneath. For additional storage or versatility, an extra closet plus attic space provide ample room. The attic could be converted into a fourth bedroom if desired. This lovely cabin sits on a spacious 10,200 sq ft lot, offering a large front yard with a long recently resurfaced parking area and has a 5-year new roof! A handy storage shed adds extra space for all your gear and equipment. Nestled on a peaceful cul-de-sac, this home is within walking distance of the Bear Mountain ski lifts, the golf course, and scenic hiking and biking trails. Just minutes away from the zoo, Big Bear Lake, and the Big Bear Mountain shuttle pick-up, its location offers the perfect balance of serenity and convenience. The vibrant Moonridge corridor, with its delightful shops and restaurants, is just around the corner. Ideal for winter sports enthusiasts, this home provides endless outdoor adventure opportunities. Whether you're seeking a relaxing vacation retreat or a smart investment property, this home offers an exceptional escape in a tranquil yet accessible setting. Come take a look at this cozy cabin, you'll be glad you did!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.04
Remaining Loan Term
3 years, 0 months
Monthly PITI
$1,176.54/mo
Estimated Loan Balance
$13,747
Cash to close
$526,791
Interest Paid
$83,622

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Fireplaces, WallFurnace
Features
  • Materials: Frame, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: GreatRoom, WoodBurning
  • Flooring: Laminate, Vinyl

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Cabin
  • Architectural Style: SeeRemarks
Materials
  • Frame, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: No
Location
  • Region: Big Bear Lake

Financial Details

  • Price per Sqft: $461.84
  • Tax Annual Amount: $6748.6
  • On Market Date: 2025-03-21T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $526,791 (98%)
You can enter any amount below - secondary financing will cover the difference if needed.
98%
$

You cover the entire equity of $526,791!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage7.04% Sellers Rate
$13,097
Your Cash:$526,791
Total Purchase Price:$539,888

Assumed vs Traditional Mortgage

Assumed @ 7.04%
$405/mo
Traditional @ 7.5%
$424/mo
You save $20/month ($237/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25062686

Listing From:

Last updated: 2025-04-03T13:14:01.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

7.04%
7.15%

Principal & Interest

$405 /mo
$409 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $526,791 (98%)
You can enter any amount below - secondary financing will cover the difference if needed.
98%
$

You cover the entire equity of $526,791!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage7.04% Sellers Rate
$13,097
Your Cash:$526,791
Total Purchase Price:$539,888

Assumed vs Traditional Mortgage

Assumed @ 7.04%
$405/mo
Traditional @ 7.5%
$424/mo
You save $20/month ($237/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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