166 N Teakwood Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 3 bath
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Big Bear Lake, California 92315
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $865,000—positioned well below the $883,899 Fair Market Value by 2%. This valuation gap offers $18,899 in Instant Equity. With a Condition Rating of 3, the home features a rare Triple Suite Layout and modern upgrades like a new A/C system and Aspen spa. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey mountain retreat with significant rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 166 N Teakwood Drive Subject | $865,000* List Price | 3 | 3 | 2,200 | $402 | - |
A 42728 Timberline Sold | $965,000 | 3 | 4 | 2,122 | $455 | 0.4 mi |
B 138 Crater Lake Sold | $700,000 | 3 | 2 | 1,884 | $372 | 0.3 mi |
C 373 Crystal Lake Sold | $619,000 | 3 | 3 | 1,707 | $363 | 0.5 mi |
D 469 Morningstar Active | $879,000 List Price | 3 | 2 | 2,082 | $422 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the home is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms reflect the original 20-year-old aesthetic, the property features significant recent system upgrades including a new A/C system, solar, and a whole-house humidifier, which elevates the overall condition above the 'Fair' threshold.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10779, living area = 2200.
The rare single-story floor plan features three full en suite master bedrooms, making it an ideal configuration for high-yield short-term rentals or multi-family vacation stays.
Recent high-value improvements including a new A/C system, Aspen spa, and solar panels provide modern comfort and energy efficiency often lacking in traditional mountain cabins.
The local school ratings are notably low, with the elementary and middle schools scoring a 2 and 3 respectively, which may limit appeal for primary residents with school-aged children.
Key value-add items such as the solar system and furnishings are listed as negotiable rather than included, potentially increasing the total investment required for a turnkey experience.
AMAZING LOG-STYLE RETREAT IN EAGLE MOUNTAIN ESTATES! This beautifully maintained single-story home offers level entry, 3 spacious en suite bedrooms (3 master suites), 3 baths, and approximately 2,200 sq. ft. of comfortable mountain living. The open great room features soaring cathedral ceilings, abundant natural light, and a stunning custom stone fireplace. Situated on an oversized 10,000+ sq. ft. lot, the property includes a covered front porch, fenced backyard, large refinished rear deck with inviting views, and a two-car attached garage. Recent upgrades include a new Aspen spa, A/C system, whole-house humidifier, garage door, and solar system (solar negotiable). An unfinished area beneath the home offers additional storage potential and RV parking potential. Ideally located near Big Bear Lake, ski resorts, hiking trails, shopping, and dining. Perfect as a full-time residence, vacation getaway, or short-term rental opportunity. Furnishings negotiable. A wonderful mountain escape ready to create lasting memories with family and friends.
No exterior & parking available.
Grades K-6 • 2.3 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,200 | 1,448 | 74% |
| Lot Size | 10,779 | 7,735 | 76% |
| Price | $865.0K | $580.0K | 76% |
| Price per sq ft | $393 | $393 | 50% |
| Built year | 2003 | 1977 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 212 | 1% |
Jun 3, 2026
$865,000
Initial Listing
Feb 9, 2023
$940,000
Public Record
Dec 10, 2008
$525,000
Public Record
Jun 15, 2004
$544,000
Public Record
Sep 19, 2003
$479,000
Public Record
Jan 15, 2003
$111,500
Public Record