108 E Rainbow, Big Bear City, California 92314, Big Bear City, 92314 - 4 bed, 2 bath
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Big Bear City, California 92314
This Turnkey Mountain Cabin is a High-Potential Investment Opportunity, listed at $499,000—positioned above the $451,222 Fair Market Value. Despite the premium, the property features a Condition Rating of 3, boasting significant capital improvements like a newer roof, central heating, and updated interiors. With direct access to hiking trails and a proven track record as a successful Airbnb, this asset offers immediate rental utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 E Rainbow Subject | $499,000* List Price | 4 | 2 | 1,260 | $358 | - |
A 304 E Fairway Sold | $405,000 | 3 | 2 | 1,311 | $309 | 0.4 mi |
B 321 Hilltop Sold | $575,000 | 3 | 3 | 1,334 | $431 | 0.3 mi |
C 405 Sugarloaf Sold | $405,000 | 3 | 3 | 1,216 | $333 | 0.3 mi |
D 817 E Barker Sold | $375,000 | 3 | 2 | 1,261 | $297 | 0.9 mi |
E 1053 Sierra Avenue Sold | $397,500 | 3 | 2 | 1,224 | $325 | 0.9 mi |
F 606 E Mountain View Boulevard Sold | $564,046 | 3 | 2 | 1,524 | $370 | 0.7 mi |
G 745 Irving Way Sold | $490,000 | 3 | 2 | 1,440 | $340 | 0.8 mi |
H 108 W Aeroplane Boulevard Active | $500,000 List Price | 3 | 2 | 1,296 | $386 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property has undergone significant recent renovations including a newer roof, central heating system, and water heater. The interior is move-in ready with updated flooring, fresh paint, and a remodeled bathroom, fitting the criteria for a well-maintained home with 5-15 year old major system updates.
The property features significant capital improvements including a newer roof, water heater, central heating system, and updated flooring, significantly reducing immediate maintenance costs for the buyer.
The expansive backyard opens directly to a major hiking trail and transforms into a private winter playground, offering a rare 'backyard-to-wilderness' experience that is highly desirable in Big Bear.
With a proven track record as a successful Airbnb and a spacious 4-bedroom layout, this property is well-positioned as a high-capacity vacation rental or a ready-to-use mountain retreat.
The home offers four bedrooms but only 1.5 bathrooms, which may create logistical challenges for large groups and could be a drawback for buyers seeking a more balanced bed-to-bath ratio.
Despite recent cosmetic and system updates, the 1976 construction may still feature older structural elements or layout limitations typical of its era compared to modern mountain builds.
Perched high among the pines, this beautifully upgraded mountain home offers the perfect blend of privacy, stunning views, and investment potential. Whether you're searching for a full-time residence, weekend escape, or turnkey vacation rental, this exceptional property has it all. Offering 4 bedrooms and 1.5 bathrooms, the cabin has been thoughtfully updated while preserving its warm mountain charm. New laminate wood flooring flows throughout the home, complemented by fresh interior and exterior paint, a newer roof, newer water heater, newer fireplace, garbage disposal, downstairs bathroom, and central heating system. External tinted windows that mirror reflections throughout, provide enhanced privacy while still capturing the surrounding forest and mountain views. Wake up to peaceful mountain vistas from the primary suite, where enlarged windows and double French doors were added specifically to maximize the breathtaking scenery of wildlife and views from the comfort of your bed. Designed for indoor-outdoor mountain living, the expansive wraparound decks seamlessly extends into the backyard, creating the perfect space for entertaining, relaxing, or enjoying the peaceful surroundings. Just beyond the backyard, you'll find direct access to a beautiful public hiking trail that is primarily enjoyed by neighboring property owners, offering a tranquil outdoor experience right outside your door. During the winter months, the backyard transforms into your own snowy retreat, perfect for sledding, snow play, and year-round outdoor recreation. The long driveway accommodates up to about five vehicles, making it ideal for hosting family, friends, or vacation guests. Best of all, this property has a proven history of generating successful short-term rental income, with earnings that have consistently helped pay the mortgage, making it a smart investment and a beautiful place to escape to. Experience the best of mountain living where unforgettable memories, spectacular views, and exceptional income potential come together in one remarkable property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,260 | 1,678 |
| Lot Size | 6,250 | 7,592 |
| Price | $499.0K | $464.8K |
| Price per sq ft | $396 | $325 |
| Built year | 1976 | 2003 |
| HOA | $0 | $0 |
| Days on market | 23 | 88 |
Jun 30, 2026
$499,000
Initial Listing
Jun 29, 2026
$519,000
Initial Listing
Oct 13, 2020
$370,000
Public Record
Sep 12, 2019
$240,000
Public Record
Jan 26, 2017
$220,000
Public Record
Dec 18, 2002
$165,000
Public Record
Apr 11, 2002
$98,000
Public Record