1056 Sierra, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 1 bath
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1056 Sierra
Big Bear City, California 92314
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,024Sq Ft
2,650Lot Size
Property Price
LIST PRICE$285,000
EST. MARKET VALUE
$292,412
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $285,000—positioned well below the $292,412 Fair Market Value by 2%. This valuation gap offers $7,412 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home includes a wood-burning fireplace and wooden deck, making it a turnkey asset for short-term rentals. Its location in the Peter Pan area provides high demand for Buy-and-Hold Investors and second-home buyers seeking a mountain getaway.
Estimated Market Value
$292,412
Based on Realkey algorithm analyzing recent comparable sales in Big Bear City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Sierra Subject | $285,000* List Price | 2 | 1 | 1,024 | $286 | - |
A 323 W Fairway Boulevard Sold | $265,000 | 2 | 1 | 845 | $314 | 0.5 mi |
B 114 Winding Sold | $330,000 | 2 | 2 | 1,186 | $278 | 1.0 mi |
C 731 W Country Club Sold | $310,000 | 2 | 2 | 1,152 | $269 | 0.9 mi |
D 432 Maltby Boulevard Sold | $259,000 | 3 | 1 | 900 | $288 | 0.5 mi |
E 1056 Sierra Active | $324,999 List Price | 2 | 1 | 1,024 | $317 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1978 but shows signs of consistent maintenance and partial updates, including stainless steel appliances and newer French doors. The interior is functional, clean, and move-in ready, fitting the criteria for a well-maintained property with a 5-15 year old renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Classic Cabin Aesthetic
The Gambrel-style architecture featuring beamed tongue-and-groove ceilings and a wood-burning fireplace delivers the authentic 'mountain cabin' experience highly desired by vacationers and second-home buyers.
- Prime Investment Location
Situated in the popular Peter Pan area minutes from the lake and downtown Big Bear, this property is perfectly positioned for a high-performing Airbnb or short-term rental investment.
- Exceptional Value Proposition
Listed at $285,000, the property is priced significantly below its recent 2024 sales price of $376,000, offering immediate equity potential and a competitive entry point into the Big Bear market.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Capacity
With only one bathroom serving two bedrooms, the layout may be a drawback for larger groups or families, potentially limiting its appeal compared to homes with a second bath.
- Compact Lot Size
The 2,650 square foot lot is relatively small for the area, which restricts outdoor privacy and limits the potential for significant exterior expansions or large-scale landscaping.
About 1056 Sierra
Welcome to this warm Gambrel home nestled in the very popular Peter Pan area of Big Bear City. This 2 bedroom, 1 bathroom home features a perfect blend of comfort and style. With natural light, beamed T&G ceilings, topped off with a cozy wood-burning fireplace that creates a warm in the woods cabin desired feel. Enjoy the large welcoming living room that is completed with a wood burning fireplace. Kitchen comes with stainless stain appliances, plenty of cabinet space for storage and ample amount of counter space. Sit back and relax on the wooden deck in the sizable backyard. Perfect for those mid day summer barbeques. The home is minutes away from the lake and downtown big bear. This is a perfect get away for the family or a great investment for an investor who would like to Airbnb it.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 2,650 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 | 1,024 | 1,411.66 |
| Lot Size | 2,650 | 6,959.792 |
| Price | $285.0K | $431.2K |
| Price per sq ft | $278 | $327 |
| Built year | 1978 | 1991 |
| HOA | $0 | $200 |
| Days on market | 22 | 79 |
Pricing History
Listed for Sale
Aug 18, 2026
$285,000
Initial Listing
Sold
Apr 12, 2024
$376,000
Public Record
Sold
May 10, 2023
$357,500
Public Record
Sold
Sep 17, 2021
$293,000
Public Record
Sold
Feb 28, 2020
$150,000
Public Record