1963 Nob Hill, Running Springs, California 92382, Running Springs, 92382 - 4 bed, 3 bath
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1963 Nob Hill
Running Springs, California 92382
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,197Sq Ft
7,650Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$474,142
5% AboveMARKET VALUE
SUMMARY
This Dual-Unit Mountain Property represents a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $474,143 Fair Market Value by -5%. While the property requires cosmetic updates given its Fair Condition Rating, the rare level topography and separate lower unit provide immediate rental income potential. Featuring a spacious deck with Distant Inland Empire Views, this asset offers a unique value-add proposition. It is an ideal acquisition for Buy-and-Hold Investors seeking rental cash flow or Owner-Occupants looking to offset mortgage costs through house hacking.
Estimated Market Value
$474,142
Based on Realkey algorithm analyzing recent comparable sales in Running Springs.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1963 Nob Hill Subject | $499,000* List Price | 4 | 3 | 2,197 | $216 | - |
A 30955 Scenic Way Sold | $499,000 | 3 | 3 | 2,142 | $233 | 0.3 mi |
B 31051 Wild Oak Sold | $450,000 | 3 | 3 | 2,288 | $197 | 0.3 mi |
C 30951 Glen Oak Sold | $415,000 | 4 | 2 | 1,949 | $213 | 0.3 mi |
D 1823 Nob Hill Drive Sold | $455,000 | 4 | 3 | 1,860 | $245 | 0.2 mi |
E 31353 Lightfoot Way Sold | $575,000 | 5 | 3 | 2,372 | $242 | 0.8 mi |
F 31120 Mountain Oak Sold | $385,000 | 3 | 3 | 1,867 | $206 | 0.4 mi |
G 31047 Summit Sold | $389,000 | 4 | 2 | 1,593 | $244 | 0.5 mi |
H 31175 All View Active | $425,000 List Price | 4 | 2 | 1,824 | $233 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1975, the home is over 20 years old and retains a largely dated interior. The kitchen features older tile countertops and wood cabinetry, while the bedrooms show popcorn ceilings and vintage finishes. While functional and well-maintained for its age, the property lacks recent renovations to the kitchen, baths, or systems, placing it in the fair category as it requires cosmetic and minor functional updates.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Living Income Potential
The property features a fully separate lower unit with its own entrance and kitchenette, offering excellent opportunities for rental income, guest quarters, or multi-generational living.
- Rare Level Topography
Unlike many mountain homes, this property sits on a level lot with two flat driveways and near-level entry, providing exceptional accessibility and ease of use during winter weather.
- Scenic Views
A spacious main-level deck captures expansive views of the Inland Empire and city lights, providing a premium outdoor space for entertaining and sunset viewing.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7650, other record lot size in square feet = 9800. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2197, other record living area = 2036.
- Market Stagnation
With 97 days on the market and a recent price reduction, the property may be facing challenges in buyer perception or initial overvaluation relative to current market demand.
- Dated Infrastructure
Built in 1975, the home may require updates to its mechanical systems or aesthetic finishes to meet the expectations of modern buyers seeking contemporary mountain luxury.
About 1963 Nob Hill
Now Priced to sell... A versatile, LEVEL property with INCOME OPPORTUNITIES and easy access for commuters + beautiful views—this one checks a lot of boxes. 1962 Nob Hill offers flexibility, functionality, and mountain charm all in one. The main home features near level entry (just a few steps) and a comfortable single-level layout, including three bedrooms—one being a primary suite with its own attached bath. A full guest bath is located just off the main living space which is great for guests and easy access. The open-concept kitchen, dining, and living area creates an easy flow for everyday living and entertaining with a designated separate wet bar, tv living nook, and cozy dining room with pellet stove centrally located. Just a few covered steps from the front door, the two-car garage makes coming and going simple, keeping you dry during winter weather. Downstairs, you’ll find a SEPARATE UNIT with its own entrance, offering one-bedroom and bath with a kitchenette and living space. It has been used successfully as a full-time rental—ideal for additional income, guests, or extended living. The property itself is level and features two, flat driveways, allowing for convenient and separated parking for the main home and lower unit. Enjoy a peaceful setting with a deck off the main level living space that captures distant Inland Empire views and some truly beautiful sunset skies, making a perfect outdoor entertainment area. This home truly is unique to the area - there is nothing else like it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 7,650 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Running Springs Unified Schools
Charles Hoffman Elementary School
Grades K-5 • 2.2 mi
4/10
Rim Virtual
Grades K-8 • 5.0 mi
0/10
Mary P. Henck Intermediate School
Grades 6-8 • 5.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.9 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,197 | 1,395.222 |
| Lot Size | 7,650 | 7,540.333 |
| Price | $499.0K | $386.9K |
| Price per sq ft | $227 | $272 |
| Built year | 1975 | 1976 |
| HOA | $0 | $208 |
| Days on market | 145 | 83 |
Pricing History
Listed for Sale
Jun 12, 2026
$499,000
$529,000
-6% Price Drop
Initial Listing
Price Change
Apr 17, 2026
$529,000
Initial Listing
Sold
Jun 25, 2015
$300,000
Public Record
Sold
May 26, 2011
$225,000
Public Record