1412 Malabar, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 1 bath
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1412 Malabar
Big Bear City, California 92314
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,350Sq Ft
12,000Lot Size
Property Price
LIST PRICE$360,000
EST. MARKET VALUE
$362,598
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $395,000 Fair Market Value by 5%. This valuation gap offers $20,000 in Instant Equity for buyers. Featuring a Fair Condition Rating (1975 build), the home offers significant value-add potential through modernization. With a 12,000-square-foot lot, multiple garages, and mountain views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with immediate upside.
Estimated Market Value
$362,598
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 |
|---|---|---|---|---|---|---|
★ 1412 Malabar Subject | $360,000* List Price | 2 | 1 | 1,350 | $269 | - |
A 248 Whipple Sold | $425,500 | 3 | 2 | 1,560 | $273 | 0.1 mi |
B 220 Whipple Drive Sold | $399,999 | 4 | 2 | 1,424 | $281 | 0.1 mi |
C 381 San Martin Active | $405,000 List Price | 2 | 2 | 1,262 | $321 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1975 (49 years old), the property appears to retain most of its original features, including extensive wood paneling and dated bathroom fixtures/vanities. Based on the age and lack of visible renovations to the kitchen and baths, the home falls into the 30-50 year category requiring significant rehab and system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Equity
Priced at $375,000 with a recent appraisal of $395,000, this property offers buyers $20,000 in instant equity from day one.
- Superior Storage and Parking
The rare combination of a two-car garage plus an additional bonus garage provides exceptional space for a workshop, recreational gear, or multiple vehicles.
- Expansive Lot and Flexible Space
The massive 12,000-square-foot lot and versatile interior layouts, including a game room and attic bunk area, maximize the property's utility for guests and outdoor living.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
With only one bathroom serving a 1,350-square-foot home that accommodates multiple sleeping areas, the layout may be inconvenient for larger groups or families.
- Vintage Infrastructure
Built in 1975, the home may require modernization of its core systems or aesthetic updates to meet the expectations of contemporary mountain buyers.
About 1412 Malabar
Discover this charming Big Bear City retreat featuring 2 bedrooms, 1 bathroom, approximately 1,350 square feet of living space, and a massive 12,000-square-foot lot. The property offers exceptional parking and storage with a two-car garage plus an additional bonus garage ideal for recreational equipment, a workshop, or extra storage. Inside, you’ll find warm mountain character and a spacious layout highlighted by a grand piano. A game room provides the perfect space for entertaining and relaxing. The impressive attic area offers additional bonus space with bunk beds, making it ideal for overnight guests or a cozy retreat. This home was recently appraised at $395,000—truly a rare opportunity to walk into equity from day one. With its large lot, flexible bonus spaces, multiple garages, and inviting mountain atmosphere, this unique Big Bear City property offers plenty of room to relax, play, and enjoy all four seasons.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 12,000 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 | 1,350 | 1,411.66 |
| Lot Size | 12,000 | 6,959.792 |
| Price | $360.0K | $431.2K |
| Price per sq ft | $267 | $327 |
| Built year | 1975 | 1991 |
| HOA | $0 | $200 |
| Days on market | 33 | 79 |
Pricing History
Listed for Sale
Sep 4, 2026
$360,000
$375,000
-4% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$375,000
Initial Listing