
Big Bear City, California 92314
This property presents a High-Potential Investment Opportunity with a List Price of $349,999—positioned well below the $332,971 Fair Market Value by -5%. While the price reflects a premium, the Fair Condition Rating and versatile detached garage with bonus room offer significant value-add potential. The 5,000 sq. ft. corner lot and mountain views provide a strong foundation for short-term rental income or a personal retreat. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable mountain asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 W Rainbow Subject | $349,999* List Price | 3 | 1 | 840 | $396 | - |
A 829 W Country Club Boulevard Sold | $345,000 | 2 | 2 | 996 | $346 | 0.3 mi |
B 901 Sugarloaf Boulevard Sold | $305,000 | 2 | 1 | 694 | $439 | 0.2 mi |
C 416 W Mojave Sold | $335,000 | 2 | 1 | 806 | $416 | 0.7 mi |
D 927 W Aeroplane Active | $385,000 List Price | 2 | 1 | 972 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property is well-maintained and move-in ready but remains dated. The bathroom features vintage 1960s/70s-style tile and fixtures, indicating that major systems and finishes are likely over 30 years old and will eventually require modernization.
The detached garage includes a finished bonus room, providing rare additional flexibility for a home office, gym, or guest retreat that adds significant value at this price point.
The interior features high-demand rustic elements, including soaring tongue-and-groove wood ceilings and a cozy fireplace, making it highly attractive for the short-term rental market.
Situated on a 5,000 sq. ft. level corner lot, the property offers superior accessibility, ample parking, and usable outdoor space, which are often difficult to find in mountain terrain.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the property may face functional challenges for larger families or groups, potentially limiting its appeal compared to multi-bath homes.
At just 840 square feet for a three-bedroom layout, the interior rooms and common areas are likely quite small, which may feel restrictive for full-time residents.
Welcome to your mountain escape in the heart of Big Bear City—where rustic charm, modern comfort, and an unbeatable location come together. Nestled on a spacious, level corner lot in one of Big Bear City's most desirable neighborhoods, this beautifully maintained 3-bedroom, 1-bath cabin offers the perfect blend of year-round living, weekend adventure, or income-producing investment. Just minutes from Big Bear Lake, the Village, ski resorts, hiking trails, shopping, dining, the Big Bear Convention Center, and the famous Big Bear Snow Play area, you'll enjoy easy access to everything that makes mountain living so special. Step inside to a warm and inviting living room featuring a stunning soaring tongue-and-groove wood ceiling and a cozy fireplace—the perfect place to gather after a day on the slopes or relaxing by the lake. The thoughtfully designed single-story floor plan offers comfortable living with three bedrooms, making it ideal for families, guests, or those needing extra space for a home office. The home has been lovingly cared for and is move-in ready while still offering plenty of opportunity to personalize and make it your own over time. Outside, the level 5,000 sq. ft. corner lot provides generous parking, room for outdoor entertaining, and space to enjoy the fresh mountain air. One of the standout features is the detached garage with a finished bonus room, offering incredible flexibility as a game room, home office, gym, creative studio, guest retreat, or additional storage. This versatile space adds tremendous value and functionality rarely found at this price point. Whether you're searching for a primary residence, vacation home, or investment opportunity, this property checks all the boxes. With its excellent location, mountain character, versatile layout, and endless potential, this Big Bear City gem is ready for its next chapter. Don't miss your opportunity to own a piece of the mountains and start making memories in beautiful Big Bear City.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,411.66 |
| Lot Size | 5,000 | 6,959.792 |
| Price | $350.0K | $431.2K |
| Price per sq ft | $417 | $327 |
| Built year | 1965 | 1991 |
| HOA | $0 | $200 |
| Days on market | 44 | 79 |
Jul 27, 2026
$349,999
Initial Listing
Feb 18, 2014
$132,500
Public Record