108 Palomino Drive, Big Bear, California 92314, Big Bear, 92314 - 4 bed, 3 bath
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Big Bear, California 92314
This Multigenerational Ranch Retreat is listed at $839,900, a price point reflecting the property's rare two-acre level lot and ADU zoning relative to the $750,329 Fair Market Value. The home features a 2,654 sq ft single-level layout with a Condition Rating of 4, offering a well-maintained interior and private sauna within the Bear Valley Unified School District. With expansive Mountain and Meadow Views and a flat, fenced perimeter, the site provides significant development upside. This is an ideal match for Owner-Occupants or Value-Add Investors.
Property is moderate renovation needed.
Built in 1980, this property is well-maintained but retains its original '1980s flair' throughout the interior. While the exterior has been recently painted and the driveway redone, the inside features dated blue carpeting, popcorn ceilings, and original bathroom fixtures and cabinetry. It is functional and livable but requires significant cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87120, living area = 2654.
The property sits on two full acres of flat, fenced land, a rare and highly desirable feature in Big Bear that provides ample space for equestrian use, barns, or private outdoor retreats.
Zoned to accommodate one or two additional dwelling units (ADUs), this property offers exceptional versatility for multigenerational living or significant rental income potential.
Retaining much of its original 1980s character, the home likely requires a substantial investment in cosmetic updates to modernize the kitchen, bathrooms, and overall aesthetic.
The scale of a two-acre lot combined with a large, older residence necessitates significant ongoing maintenance and potential infrastructure modernization to keep the property in peak condition.
MEMORIAL DAY SALE! LOOK NO FURTHER, WHERE CAN YOU GET 2 FULL ACRES OF LEVEL FENCED PROPERTY WITH A 2654 SQ FT HOME, 4BED 2.5 BATH HOME? LOOKING FOR PROPERTY TO HOUSE THE WHOLE FAMILY? NEWLY PAINTED, ASHPHALT DRIVEWAY HAS BEEN REDONE.This property is zoned to add 1 or 2 ADU'S.This is great news for buyers looking for a flat, usable acres, that supports MULTIGENRATIONAL LIVING. It offers flexibility for independent spaces for parents or adult children while still being part of the main property. Plenty of area if you are wanting to add a barn or create a large space for animals. A BLANK CANVIS FOR WHAT YOU ARE LOOKING FOR. Nestled in the heart of Shay Meadows this home is a One-of-a-Kind Ranch Retreat. This rare ranch-style home offers a unique opportunity to own a slice of tranquility. This 2,654 sq ft home is perfectly positioned to take in breathtaking views of the surrounding meadows and mountains through expansive windows that flood the interior with natural light. Brimming with charm and potential, the home features a spacious, single-level layout for comfortable everyday living or entertaining. Enjoy two separate living areas, a formal dining room,and a generously sized kitchen-great for hosting family and friends. Highlights include two cozy fireplaces, sauna, and the warm, character-rich ambiance of its original 1980s flair. The vast front and backyard-both equipped with sprinkler systems-offer ample space to create your dream garden, outdoor living area, or equestrian retreat. This is a truly exceptional opportunity that rarely comes available. Don't miss your chance to make this peaceful retreat your forever home. TAKE A LOOK AT IT NOW!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,654 | 1,445 | 90% |
| Lot Size | 87,120 | 7,226.5 | 98% |
| Price | $839.0K | $430.2K | 93% |
| Price per sq ft | $316 | $321 | 47% |
| Built year | 1980 | 1979 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 224 | 5% |
May 24, 2026
$839,000
$839,900
+0% Price Increase
Initial Listing
Apr 13, 2026
$839,900
Initial Listing
Oct 14, 1994
$350,000
Public Record