195 Knoll Road, Big Bear, California 92315, Big Bear, 92315 - 5 bed, 4 bath
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Big Bear, California 92315
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,199,000—positioned well below the $1,230,058 Fair Market Value by 2%. This valuation gap offers $31,058 in Instant Equity. Featuring a Good Condition Rating following a 2017 expansion, the home offers year-round lake and mountain views, a low-maintenance yard, and high-end finishes. While local school ratings are modest, the property’s turnkey status and rental potential make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium second home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 195 Knoll Road Subject | $1,199,000* List Price | 5 | 4 | 2,654 | $463 | - |
A 39697 Lake Drive Active | $899,900 List Price | 3 | 2 | 1,716 | $524 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a comprehensive expansion and upgrade in 2017. With the renovation being approximately 7-9 years old, it falls within the 'Good' criteria (5-15y reno). The interior features a modern kitchen with stainless steel appliances and stone counters, updated flooring, and recessed lighting. The exterior is well-maintained with high-quality decking and low-maintenance landscaping, making it fully move-in ready.
Situated on the highly desirable Gilner Point, this property offers year-round views of the lake and mountains and is located just steps from the water's edge.
Following a significant 2017 expansion and renovation, the home features 2,654 sq. ft. of living space outfitted with high-end fixtures and quality building materials.
The low-maintenance yard with artificial grass and stamped concrete, combined with a 5-bedroom layout, makes this an ideal high-yield vacation rental or second home.
The assigned elementary and middle schools have low ratings of 2 and 3 respectively, which may limit the property's appeal to families with school-aged children.
Although renovated in 2017, the original 1947 build date may imply underlying legacy infrastructure or structural elements that require ongoing monitoring.
Gilner Point Paradise - This 5-bedroom 4 bath retreat is located on the desirable Gilner Point. The property was expanded and upgraded in 2017 and now offers approximately 2654 SqFt of living space. The property is upgraded throughout with quality building materials and high-end fixtures. A second driveway was added that gives access to the rear of property and provides ample parking for boats and RV's Located a couple hundred feet from the lake with year-round views of the lake and surrounding mountains. This well maintained property was also designed with a low maintenance yard with artificial grass, pavers and stamped concrete incorporated into its landscaping. Property checks all the boxes; great location, upgraded, low maintenance, great vacation and full time rental potential or the perfect second home.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,654 | 1,616 |
| Lot Size | 9,000 | 14,100 |
| Price | $1.20M | $526.5K |
| Price per sq ft | $452 | $351 |
| Built year | 1947 | 1988 |
| HOA | $0 | $0 |
| Days on market | 7 | 100 |
Jul 15, 2026
$1,199,000
Initial Listing
May 12, 2022
$1,025,000
Public Record
May 16, 2008
$385,000
Public Record
Aug 9, 2005
$380,000
Public Record