202 S Eagle Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 5 bath
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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 provides $99,598 in Instant Equity. While maintaining a Fair Condition Rating due to its original 1999 finishes, the home features a private dock, panoramic lake views, and an interior swim spa. Located in the Bear Valley Unified district, the versatile layout with multiple kitchenettes offers immense rental upside. This is an elite acquisition for Luxury Vacation Home Seekers or Short-Term Rental Investors.
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"Red Bold Underline (for discount estimation_ratio): ALWAYS use when property is below market value... Format: positioned well below the **${Fair Market Value}** <span class="text-green-600 font-bold underline">by {estimation_ratio}%</span>"
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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 (25 years old), the home maintains its original late-90s aesthetic with dated oak cabinetry and tile countertops in the kitchen. While mechanical systems like the water heaters have been recently updated and the home is well-maintained, the overall interior finishes exceed the 20-year threshold without a major renovation, placing it in the fair category.
Situated in the prestigious Eagle Point Estates, this property features a private dock and direct lake access, offering the quintessential Big Bear lifestyle and high desirability.
With 4,400 sqft of living space, an interior swim spa, game room, and multiple kitchenettes, the home is perfectly configured for large-scale entertaining or high-yield investment potential.
The residence boasts expansive decks and a large gazebo providing breathtaking, unobstructed views of the lake and mountains, including a front-row seat for the annual 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 discrepancy between the physical count of 5 bedrooms and 5 bathrooms versus the 4 bedrooms and 4 bathrooms listed on the title, which may impact financing or appraisal values.
The inclusion of an indoor swim spa, three separate furnaces, and multiple kitchenettes in a 1999-built home suggests higher-than-average utility costs and ongoing maintenance requirements.
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 5 bedrooms and 5 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 4,400 | 1,488 | 97% |
| Lot Size | 11,144 | 8,000 | 74% |
| Price | $2.50M | $590.0K | 99% |
| Price per sq ft | $567 | $398 | 92% |
| Built year | 1999 | 1976 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 213 | 1% |
Apr 6, 2026
$2,495,000
Initial Listing