
Big Bear City, California 92314
This Turnkey Mountain Sanctuary is a High-Potential Investment Opportunity, listed at $698,500—positioned well below the $714,194 Fair Market Value by 2%. This valuation gap offers $15,694 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a renovated kitchen, new flooring, and a private hot tub on a reinforced deck. With a large 0.63-acre lot and a detached bonus bunk room, this property is ideal for Rental Investors or Owner-Occupants seeking a move-in-ready retreat near Bear Valley schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1068 Lookout Mountain Road Subject | $698,500* List Price | 4 | 2 | 2,232 | $320 | - |
A 1107 Cedar Mountain Road Active | $599,900 List Price | 3 | 3 | 1,706 | $352 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1971, the property has undergone a comprehensive recent renovation (within <5 years) as evidenced by the new hardwood flooring, fresh interior paint, and a fully refreshed kitchen featuring new countertops, backsplash, and appliances. The exterior deck has been reinforced and refinished, and the interior is in mint, move-in-ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18196, living area = 2232.
Your true mountain escape awaits in the desirable Whispering Forest neighborhood near the National Forest. Renovated since previously listed, this spacious 4-bedroom, 2-bath home offers more than 2,200 square feet on a generous 0.63-acre lot, providing plenty of room and privacy. Recent improvements include fresh interior paint throughout—including the doors—new hardwood flooring and carpeting, beautifully updated bedrooms, and refinished cabinetry. The refreshed kitchen features new countertops, backsplash, appliances, hardware, lighting, and a stylish chandelier. The wet bar has also been completely refurbished with fresh paint, refinished cabinetry, and added lighting—perfect for entertaining. Large windows frame the surrounding natural beauty, while the newly refinished and reinforced deck provides an inviting outdoor retreat. Relax in the private hot tub under the stars after a day on the lake, trails, or slopes. Don’t miss the renovated detached bonus bunk room or guest space, which is separate from the main house and not included in the listed square footage. Whether you’re looking for a primary residence, vacation getaway, or rental investment, this property offers space, charm, and a great location just minutes from Big Bear Lake, the Village, and the ski resorts.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 2.9 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,232 | 1,411.66 |
| Lot Size | 18,196 | 6,959.792 |
| Price | $698.5K | $431.2K |
| Price per sq ft | $313 | $327 |
| Built year | 1971 | 1991 |
| HOA | $0 | $200 |
| Days on market | 8 | 79 |
Sep 1, 2026
$698,500
Initial Listing
Nov 5, 2021
$680,000
Public Record
Jan 25, 2013
$305,000
Public Record
Nov 23, 1998
$240,000
Public Record