
Big Bear Lake, California 92315
This Custom Log Home represents a Strong Value Opportunity, listed at $949,900, which aligns with its $949,900 Fair Market Value. Featuring Authentic Log Craftsmanship, unobstructed lakefront views, and R3 Zoning, this property offers significant long-term potential in a premier resort destination. While the home maintains a Fair Condition Rating due to dated interior finishes, its structural integrity and prime location on Mallard Lagoon provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique mountain retreat with development flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 Lagunita Subject | $929,900* List Price | 4 | 2 | 1,476 | $630 | - |
A 446 Shady Active | $669,000 List Price | 4 | 3 | 1,508 | $444 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the 'Fair' category based on age. While the home is exceptionally well-maintained by original owners and features newer decks and granite countertops, the interior finishes—specifically the white square bathroom tiles and flooring—are dated and reflect the original 2002 construction style, necessitating minor cosmetic updates.
Situated directly on Mallard Lagoon, this property offers rare lake frontage with stunning water views from the living area, master suite, and multiple private decks.
This custom-built 'true' log home features 7-inch logs and vaulted ceilings, blending classic mountain aesthetics with modern comforts like air conditioning and granite countertops.
The property is zoned R3, providing significant flexibility for future development or high-density use in a highly desirable resort destination.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The conversion of half the garage into a fourth bedroom limits covered parking and storage space for boats or mountain equipment.
With 120 days on the market and three consecutive price reductions, the property is currently facing challenges with value alignment in the local market.
LAKEFRONT! Custom built TRUE log home with 7 inch logs on lake frontage on the beautiful Mallard Lagoon ~ Lake views from living room, living room deck and master bedroom deck ~ Newer upper and lower decks with low maintenance planks ~ Newer concrete driveway with rain grates installed ~ Kitchen boasts granite counter tops, stainless steel appliances and is open to the dining area and living room ~ Unwind in the living room, taken in by the vaulted ceiling and warmed by the extremely efficient wood burning stove fireplace or blast your air conditioning on the warm summer days ~ Your covered back deck off the living room is the ideal place to relax and barbeque with friends after a fun filled day and relish in your views of the lake ~ The master bedroom has remote controlled gas fireplace and private deck that is a perfect escape for some peaceful alone time staring at the lake ~ The property is zoned R3 ~ Half of the garage has been converted to a bonus room that is currently being used as the 4th bedroom ~ These are the original owners and they are now giving you the opportunity to create life long memories with your loved ones as they have for the last 20 years!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,476 | 1,503.603 |
| Lot Size | 6,535 | 7,837.809 |
| Price | $929.9K | $634.9K |
| Price per sq ft | $630 | $399 |
| Built year | 2002 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 180 | 68 |
Sep 2, 2026
$929,900
$934,900
-1% Price Drop
Initial Listing
Aug 1, 2026
$934,900
$949,900
-2% Price Drop
Initial Listing
Jul 11, 2026
$949,900
$959,000
-1% Price Drop
Initial Listing
Jun 10, 2026
$959,000
$965,900
-1% Price Drop
Initial Listing
May 21, 2026
$965,900
$974,900
-1% Price Drop
Initial Listing
Mar 13, 2026
$974,900
Initial Listing
Dec 20, 2000
$165,000
Public Record