1031 W Aeroplane, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 1 bath
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1031 W Aeroplane
Big Bear City, California 92314
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,006Sq Ft
2,500Lot Size
Property Price
LIST PRICE$229,900
EST. MARKET VALUE
$243,005
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $229,900—positioned well below the $243,006 Fair Market Value by 5%. This valuation gap offers $13,106 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires comprehensive modernization, providing significant upside for forced appreciation. Located in the Bear Valley Unified district, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Estimated Market Value
$243,005+$13,105 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Big Bear City.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1959 (65 years old) with no evidence of major renovations. The kitchen features original-style wood cabinetry and tile countertops that require a full rehab, and the wood-paneled interior is significantly dated, fitting the criteria for a property needing comprehensive updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Listed at $229,900, this property offers a rare entry-level price point for a detached single-family residence in the Big Bear market, making it an ideal starter cabin or investment.
- Authentic Mountain Character
The 1959 vintage construction features extensive wood detailing and a classic aesthetic that provides a warm, charming atmosphere often missing in newer builds.
- Significant Value-Add Potential
With its 'as-is' status and highlighted potential, the home presents a prime opportunity for buyers to build equity through personalized renovations and cosmetic updates.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Given its age and 'as-is' condition, the property likely requires modernization of major systems and structural updates to meet contemporary living standards.
- Limited Lot Size
The 2,500-square-foot lot is relatively small for the area, which may limit outdoor privacy and restrict future expansion or large-scale landscaping.
About 1031 W Aeroplane
Charming vintage home with tons of personality and potential ! Built in 1959, this cozy 1000 + sq ft. home has that warm, classic feel you don't get with newer construction. Your new home has lots of wood, and is the perfect starter cabin. It's a great opportunity for someone who appreciates character and wants to add their own touches over time. This home has been enjoyed as-is and offers plenty of possibilities to make it your own. Cute, comfortable, and ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,006 | 1,411.66 |
| Lot Size | 2,500 | 6,959.792 |
| Price | $229.9K | $431.2K |
| Price per sq ft | $229 | $327 |
| Built year | 1959 | 1991 |
| HOA | $0 | $200 |
| Days on market | 26 | 79 |
Pricing History
Listed for Sale
Aug 14, 2026
$229,900
Initial Listing