2136 5th Lane, Big Bear City, California 92314, Big Bear City, 92314 - 2 bed, 1 bath
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Big Bear City, California 92314
This property presents a High-Potential Investment Opportunity with a List Price of $239,900—positioned well below the $215,890 Fair Market Value by -11%. While the property requires a full interior rehab given its Condition Rating of 5, the 2,432 sqft lot and adjacent undeveloped land provide significant upside for forced appreciation. Located on a paved road in the Erwin Lake area, this asset offers reliable year-round access. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2136 5th Lane Subject | $239,900* List Price | 2 | 1 | 780 | $277 | - |
A 820 A Lane Sold | $240,000 | 2 | 1 | 872 | $275 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 50 years old (built 1974) and appears to have original or significantly outdated kitchen and bathroom facilities. The kitchen features aged cabinetry and appliances, while the bathroom shows dated fixtures and finishes. Given the age and the 'potential' noted in the description, the home requires a full interior rehab and likely updates to major systems to meet modern standards.
Priced under $240,000, this property offers a highly accessible entry point into the Big Bear market, making it an ideal opportunity for first-time buyers or budget-conscious investors.
The cabin benefits from adjacent undeveloped lots, providing a rare sense of seclusion and 'breathing room' that is increasingly difficult to find in established mountain communities.
Situated on a paved road in the Erwin Lake area, the property ensures easy and reliable access during winter months, a critical advantage for full-time residents and vacationers alike.
At approximately 780 square feet, the interior living space is quite compact, which may feel restrictive for larger groups or those requiring more spacious common areas.
Given its 1974 construction and description of 'potential,' the home likely requires cosmetic or functional updates to align with contemporary aesthetic preferences and efficiency standards.
AFFORDABLE MOUNTAIN LIVING WITH ROOM TO BREATHE! Nestled in the peaceful Erwin Lake area of Big Bear City, this charming single-story cabin offers the perfect blend of comfort, potential, and location. One of the standout features of this property is the sense of space it provides. With neighboring lots currently undeveloped, you'll enjoy extra elbow room and an open, uncrowded feel that is becoming harder to find in the mountains. Plus, the home sits on a paved road for easy year-round access. Inside, you'll find approximately 780 square feet of living space featuring 2 bedrooms, 1 bathroom, and a practical floor plan that flows comfortably between the living room, dining area, and kitchen. Whether you're looking for a full-time residence, weekend retreat, or investment opportunity, this home offers a solid foundation with plenty of potential to make it your own. The low-maintenance yard allows you to spend less time on upkeep and more time enjoying everything Big Bear has to offer. There's ample parking and a convenient rear storage area for your tools, bikes, outdoor gear, or seasonal equipment. Located near Erwin Ranch Park and surrounded by hiking, biking, and outdoor recreation opportunities, you'll have easy access to the mountain lifestyle right outside your door. If you've been searching for an affordable mountain getaway with a little extra breathing room, this could be the one you've been waiting for.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 5.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 780 | 1,678 |
| Lot Size | 2,432 | 7,592 |
| Price | $239.9K | $464.8K |
| Price per sq ft | $308 | $325 |
| Built year | 1974 | 2003 |
| HOA | $0 | $0 |
| Days on market | 33 | 88 |
Jun 19, 2026
$239,900
Initial Listing
Dec 5, 2014
$82,000
Public Record
May 31, 2007
$75,000
Public Record