2337 Lookout Drive, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 3 bath

2337 Lookout Drive
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 2337 Lookout Drive, Running Springs, California 92382 is currently available with a list price of $389,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Running Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1957, this cabin has been 'remodeled beautifully' and 'tastefully remodeled with modern touches' as per the description. The images confirm this with modern laminate flooring, updated light fixtures, and clean, well-maintained interiors. While the kitchen cabinets appear to be older wood and some appliances are not high-end, they are functional and clean, complemented by a recently updated backsplash. The property is move-in ready with no immediate renovations required, fitting the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15630, living area = 1024.
- Short-Term Rental (STR) Income Potential
The property holds a current STR license, making it an attractive income-producing asset for investors or a versatile vacation home.
- Prime Mountain Resort Location
Strategically located between Arrowhead Lake and Big Bear Lake, steps from Arrowbear Lake, and minutes from Snow Valley and Big Bear ski resorts, offering excellent recreational access.
CONSRISKS & DEFICIENCIES
- Age of Original Structure (1957)
Despite recent remodels, the underlying structure dates back to 1957, which may lead to concerns about older systems or potential maintenance requirements not addressed in cosmetic updates.
- Modest Interior Square Footage
At 1024 sqft, the interior living space is relatively compact, which might be a consideration for buyers seeking a larger full-time residence, though suitable for a vacation cabin.
- Recent Price Reductions
Multiple price adjustments from the original listing price could indicate an initial overvaluation or a slower market response, potentially affecting perceived value or future appreciation.
About 2337 Lookout Drive
Welcome to this beautiful home, Shady Pines cabin conveniently located in the Arrowbear Lake community which is located half way between Arrowhead Lake and Big Bear Lake. The Two primary bedrooms with ensuite and a separate guest bathrooms, charming cabin has been remodeled beautifully. Just steps away from the park and Arrow bear Lake; this cute and loving home can be the perfect property for your next full-time home or vacation gets away! The property also holds a current STR (Short Term Rental) license which allows the new owner to list the property on sites like VRBO and AIRBnb for short term rental with potential for an investors seeking an income producing property while using it as their own vacation home. This cabin comes with multiple lots (51, 52, 53, 54 and 59) with over15000SF and additional outdoor storage unit with possibility of adding additional dwelling with easy parking for multiple vehicles. Property is also accessible from both Arrowbear Road with direct access to parking and lookout drive. Living room equipped with fireplace for the cozy nights with open floorplan, laminated flooring and a huge front deck to sit out and enjoy the sounds of mountain nature with view of the trees and walk to the lake. A huge separate laundry room with lots of storage space. This home is located within 10 minutes of Snow Valley slope and 20 minutes to big bear lake. Property is equipped with Tesla Charger as well. It is also available for lease $2,500.00 a month including all furnishing as shown.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 15,630 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,024 | 1,235 | 36% |
| Lot Size | 15,630 | 7,200 | 88% |
| Price | $389.0K | $349.9K | 66% |
| Price per sq ft | $380 | $286 | 88% |
| Built year | 1957 | 1972 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 198 | 197 | 52% |
Pricing History
Listed for Sale
Feb 7, 2026
$389,000
$399,900
-3% Price Drop
Initial Listing
Price Change
Sep 18, 2025
$399,900
$419,000
-5% Price Drop
Initial Listing
Price Change
Aug 21, 2025
$419,000
Initial Listing

























