
Big Bear City, California 92314
This property presents a High-Potential Investment Opportunity with a List Price of $349,999—positioned well below the $345,066 Fair Market Value (Note: Market is currently priced at parity). While the home maintains a Condition Rating of 5, the 1973 build offers a Versatile Multi-Level Layout and Detached Storage Building that provide significant value-add potential through modernization. Located near Shay Meadows, this asset is ideal for Buy-and-Hold Investors or Contractors seeking a project to capture rental demand in the Big Bear market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 136 Mann Subject | $349,999* List Price | 2 | 3 | 1,389 | $248 | - |
A 817 E Barker Sold | $375,000 | 3 | 2 | 1,261 | $297 | 0.5 mi |
B 325 Greenspot Road Sold | $437,000 | 4 | 2 | 1,888 | $231 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (51 years old), this property is in mostly original condition with no evidence of recent renovations. The interior features dated 1970s wood paneling, original-style bathroom fixtures, and older wall-mounted heating units rather than a modern HVAC system. While functional, the age and lack of updates necessitate a full rehab to meet current market standards.
The home features a functional three-level floor plan including a lower-level family room with a wet bar and direct deck access, providing excellent flexibility for guest quarters or an entertainment hub.
With an expansive rear deck, private bedroom balcony, and a large detached storage building suitable for a workshop or mountain gear, the property maximizes its utility and mountain setting.
Situated near Shay Meadows and local parks, the property offers convenient proximity to Big Bear Lake, ski resorts, and the Village, making it an ideal vacation rental or full-time residence.
Built in 1973, the property may require modern aesthetic updates or system upgrades to meet contemporary buyer expectations and improve energy efficiency.
Despite having three bathrooms and nearly 1,400 square feet of living space, the home only offers two formal bedrooms, which may limit its appeal to larger families or groups.
A spacious mountain home offering multiple living areas, a functional floor plan, and plenty of room to relax or entertain. Located near Shay Meadows, this property is just up the street from a neighborhood park, dog park, and skate park, with a convenience store around the corner. Community Market, local dining, Big Bear Lake, ski resorts, shopping, and the Village are all just minutes away. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this home offers the flexibility to fit a variety of lifestyles. The main level welcomes you with vaulted wood ceilings, a cozy stone fireplace, an open living room, and a functional kitchen and dining area that flows toward the expansive rear deck perfect for BBQs, morning coffee, or simply enjoying the peaceful mountain setting. A bathroom is also conveniently located on the main level. Upstairs you'll find two generously sized bedrooms with vaulted ceilings, including one with its own private balcony. The lower level adds versatility with a spacious family room featuring a wet bar, laundry closet, full bathroom, and direct access to the lower deck, creating an ideal space for entertaining, guests, or relaxing after a day on the mountain. Outside, the spacious yard offers plenty of room to play, entertain, or simply enjoy the outdoors. A large detached storage building provides excellent space for tools, mountain gear, a workshop, hobby room, or other creative uses. The oversized concrete driveway offers ample off-street parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,389 | 1,678 |
| Lot Size | 5,158 | 7,592 |
| Price | $350.0K | $464.8K |
| Price per sq ft | $252 | $325 |
| Built year | 1973 | 2003 |
| HOA | $0 | $0 |
| Days on market | 18 | 88 |
Jul 4, 2026
$349,999
Initial Listing
Jun 18, 2012
$120,000
Public Record
Oct 12, 2001
$109,000
Public Record