1963 Nob Hill, Running Springs, California 92382, Running Springs, 92382 - 4 bed, 3 bath
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Running Springs, California 92382
This Single Family Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $473,984 Fair Market Value by -5%. While the list price exceeds the current estimate, the property offers a unique Dual-Living Income Potential with a separate lower-level unit. Featuring a Condition Rating of 4, the home requires cosmetic updates, yet provides immediate utility through its near-level entry and scenic mountain views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with proven rental income capabilities.
Comparables within 1 miles sold in recently
| 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.
Property is moderate renovation needed.
Built in 1975, the property is well-maintained but dated. The kitchen and bathrooms feature older tile countertops and cabinetry that appear to be over 20 years old. While functional and move-in ready, the home requires cosmetic updates and minor repairs to the driveway and interior finishes to meet modern standards.
The property features a separate lower-level unit with its own entrance and kitchenette, providing a proven opportunity for rental income or multi-generational living.
Rare for the area, the home offers a near-level entry and two flat driveways, ensuring easy commuter access and ample parking during winter months.
A spacious main-level deck captures stunning sunset skies and distant views of the Inland Empire, significantly enhancing the home's aesthetic appeal.
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.
With over 90 days on the market and a recent price reduction, the property may face perception challenges regarding its initial valuation or competitive positioning.
Built in 1975, the home may require updates to its systems or interior finishes to meet modern buyer expectations and energy efficiency standards.
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 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!
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-8 • 5.0 mi
Grades 6-8 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,197 | 1,677 |
| Lot Size | 7,650 | 6,600 |
| Price | $499.0K | $385.9K |
| Price per sq ft | $227 | $274 |
| Built year | 1975 | 1973 |
| HOA | $0 | $208 |
| Days on market | 96 | 89 |
Jun 12, 2026
$499,000
$529,000
-6% Price Drop
Initial Listing
Apr 17, 2026
$529,000
Initial Listing
Jun 25, 2015
$300,000
Public Record
May 26, 2011
$225,000
Public Record