
Big Bear Lake, California 92315
This Spacious Lakefront Retreat is a High-Potential Investment Opportunity, listed at $2,495,000—positioned well below the $2,594,598 Fair Market Value by 3%. This valuation gap offers $99,598 in Instant Equity for buyers. While the property maintains a Condition Rating of 4 with original 1990s finishes, its private dock, panoramic lake views, and interior swim spa provide significant value-add potential. Located in the Bear Valley Unified district, this 4,400 sqft home is an ideal acquisition for Short-Term Rental Investors or Luxury Homeowners seeking a customizable mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 S Eagle Drive Subject | $2,495,000* List Price | 5 | 5 | 4,400 | $590 | - |
A 148 Eagle Active | $1,995,000 List Price | 4 | 3 | 3,481 | $573 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the property is well-maintained but retains most of its original finishes. The kitchen and bathrooms are dated with 1990s-era oak cabinetry and green-trimmed tile countertops. While the HVAC systems are functional and water heaters have been recently updated, the overall aesthetic and age of the primary surfaces require modernization to meet current market standards for a luxury lakefront home.
Situated in the prestigious Eagle Point Estates, this property features a rare private dock and direct lake access, offering the ultimate mountain-lake lifestyle and high desirability.
With 4,400 sqft of living space, multiple kitchenettes, a game room, and an interior swim spa, the home is perfectly designed for large-scale hosting or high-yield short-term rental potential.
The three-level layout and expansive decking provide breathtaking panoramic views of Big Bear Lake, including a front-row seat to the annual Fourth of July fireworks show.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4400, other record living area = 4212. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
There is a notable discrepancy between the physical room count (6 beds/7 baths) and the official title records (4 beds/4 baths), which may complicate financing, appraisals, or future resale.
The age of the home combined with complex features like an interior swim spa, three separate furnaces, and multiple kitchenettes may lead to higher-than-average utility and long-term upkeep costs.
Rare opportunity to own a spacious lakefront retreat in Eagle Point Estates, complete with a private dock and stunning lake views. Perfect for large families, entertaining, or investment potential, this impressive three-level home offers 6 bedrooms and 7 bathrooms (4 bedrooms and 4 bathrooms on title) with flexible living spaces throughout. The main level features a beautiful primary suite with an adjoining office or spa room—the spa is currently covered but fully operable. The living spaces open to a large deck overlooking Big Bear Lake, where you can relax and take in breathtaking scenery, including incredible views of the annual Big Bear Lake Fourth of July Fireworks Show. The lower level is designed for entertainment and extended stays, featuring a game room area, interior swim spa, two kitchenettes, laundry room, and access to a covered patio. Go outside to enjoy the extra large gazebo and additional deck areas, perfect for lakeside gatherings. The third level includes a loft-style bedroom with its own bathroom and elevated views, along with abundant storage space throughout the home. Additional features include three furnaces for efficient climate control, a central vacuum system, and two recently updated water heaters. Parking is plentiful with an extra tall 2-car garage and space for 4–6 additional vehicles. With its prime lakefront location, private dock, expansive layout, and panoramic views, this property offers the ultimate mountain-lake lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,400 | 1,300 |
| Lot Size | 11,144 | 7,350 |
| Price | $2.50M | $600.7K |
| Price per sq ft | $567 | $413 |
| Built year | 1999 | 1968 |
| HOA | $0 | $1.2K |
| Days on market | 107 | 85 |
Apr 6, 2026
$2,495,000
Initial Listing