
Big Bear City, California 92314
This property represents a High-Potential Investment Opportunity with a List Price of $499,995—positioned well below the $589,540 Fair Market Value by 15%. This valuation gap offers $89,545 in Instant Equity. Featuring a Condition Rating of 3, the home includes a large garage-level conversion project and oversized decks with mountain and forest views. This asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 H Lane Subject | $499,995* List Price | 3 | 2 | 2,320 | $254 | - |
A 2737 Cedar Lane Sold | $455,000 | 3 | 2 | 1,744 | $261 | 0.0 mi |
B 933 East Lane Sold | $535,000 | 3 | 2 | 2,005 | $267 | 0.2 mi |
C 1125 Hemlock Lane Sold | $415,000 | 3 | 3 | 1,577 | $263 | 0.6 mi |
D 1037 H Lane Active | $544,000 List Price | 3 | 2 | 2,320 | $234 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985 but features a recently updated kitchen with modern cabinetry and stone counters. The main living areas are well-maintained, functional, and move-in ready with updated flooring and a turnkey 'luxury-rustic' aesthetic, though the lower level remains an unfinished conversion project.
The property includes a large garage-level room already plumbed and wired for conversion, providing a clear path to add a guest suite, game room, or income-generating second unit.
Tastefully updated with a 'luxury-rustic' aesthetic and a proven track record as a successful vacation rental, the home offers an easy transition for investors with furniture negotiable.
The lot offers rare parking capacity for up to 12 vehicles or an RV/boat, paired with oversized decks that provide cinematic views of the forest, mountains, and local wildlife.
The lower-level unit is currently mid-conversion, requiring the buyer to commit additional capital and oversight to complete the plumbing and electrical finishes.
With the local middle school rated at a 3 and the elementary at a 4, the property may face limited demand from primary-residence buyers prioritizing high-performing school districts.
Welcome to a true Big Bear escape that feels like you accidentally found the "keep this place a secret" side of the mountains. Tastefully updated with a warm, luxury-rustic vibe, the home is wrapped in oversized wood decks where your morning coffee comes with forest-and-mountain views plus the fields below where you'll often spot people riding horseback (yes, it's that peaceful and cinematic). And because this is the mountains in the best way, the wildlife is part of the daily show: wild burros wandering through, chipmunks and squirrels scurrying about, all kinds of birds, and yes, even the occasional bear can be spotted safely from the deck. Inside, the magic hits immediately: shiplap vaulted ceilings that soar double-high, massive windows and sliders that flood the home with natural light, and a large wood-burning fireplace that turns every winter night into a postcard. The open floor plan keeps the home airy, social, and functional perfect for entertaining big groups without anyone feeling tucked away. Whether you're hosting a holiday weekend, after-ski hang, or summer BBQ, this layout was made for people to gather, spread out, and still feel connected. The updated kitchen anchors the main level and flows seamlessly into the living and dining areas, so the cook is never banished to a separate room (a true crime in vacation homes). It's the kind of space where everyone ends up congregating anyway snacks on the counter, music on, fireplace going, and those views always doing the heavy lifting. Up above, the loft adds maximum flexibility and can absolutely function as a 4th bedroom ideal for extra guests, a work-from-the-mountains setup, a play space, or a cozy sleep zone that still feels connected to the great room below.Step outside and breathe it in pine trees all around, crisp mountain air that actually smells good, and the kind of calm you can't replicate in the city. And location-wise, you get the best of Big Bear without the touristy chaos: minutes to the slopes, Big Bear Lake, the Village, and the airport, yet tucked into a quieter pocket where the loudest thing is usually the wind in the trees.This property has also been a very successful vacation rental thanks to its charm, design, and "mountain getaway" feel the kind of place guests don't want to leave and always try to rebook. Bonus: there's a large room on the garage level that was already in the process of being converted into a second unit. Plumbing and electrical are right there, so you can take it whichever direction fits your vision: guest suite, game room, theater, studio, or income potential. There's also ample space on the lot to park an RV or a boat trailer, plus plenty of room for guests the lot can easily accommodate 5 cars, and potentially up to 12 when you really need the extra parking. Furniture can convey with the property if the buyer chooses, making this an easy, turnkey escape from day one. If you've been looking for a home that delivers views, comfort, style, and the flexibility to fit your lifestyle (and your guest list), 1037 H Lane is the one.
No exterior & parking available.
Grades K-6 • 2.5 mi
Grades 7-8 • 6.4 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,320 | 1,451.5 | 86% |
| Lot Size | 6,375 | 7,298 | 36% |
| Price | $500.0K | $436.0K | 62% |
| Price per sq ft | $216 | $320 | 4% |
| Built year | 1985 | 1980 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 223 | 3% |
May 16, 2026
$499,995
Initial Listing
Sep 7, 2010
$105,000
Public Record
Jul 28, 2004
$280,000
Public Record