2359 Oak, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath
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Running Springs, California 92382
This property presents a High-Potential Investment Opportunity with a List Price of $299,999—positioned well below the $262,604 Fair Market Value by -14%. While the home carries a Condition Rating of 5, indicating a need for comprehensive rehabilitation of original systems and exterior wood components, the unique Victorian-style architecture and fully fenced backyard provide a distinct foundation for value-add projects. This asset is best suited for Fix-and-Flip Investors or Contractors capable of modernizing the 940-square-foot interior to maximize rental or resale potential in the Arrowbear market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2359 Oak Subject | $292,000* List Price | 2 | 2 | 940 | $277 | - |
A 32826 Truman Sold | $240,000 | 3 | 3 | 935 | $257 | 0.4 mi |
B 33186 Arrowbear Drive Sold | $305,000 | 2 | 2 | 1,040 | $293 | 0.1 mi |
C 32988 Arrowbear Dr Active | $290,000 List Price | 2 | 2 | 1,032 | $281 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 41 years old (built 1983) with no documented major renovations to the kitchen, bathrooms, or core systems, placing it in the >30-year category. While the interior shows some updated laminate flooring, the exterior wood decking and siding show significant weathering, and the overall age suggests the home requires comprehensive rehabilitation to address dated components and original systems.
The unique Victorian-style design offers a 'storybook' aesthetic that provides significant curb appeal and distinguishes the property from standard mountain cabins.
The inclusion of a fully fenced backyard is a highly desirable feature in a mountain setting, offering a secure and usable area for pets, children, and private entertaining.
Priced under $300,000, this 2-bedroom, 2-bathroom home serves as an accessible investment opportunity or a budget-friendly mountain retreat in the desirable Arrowbear community.
At just 940 square feet, the living space is quite compact, which may pose challenges for buyers seeking spacious rooms or ample storage for mountain gear.
The 2,000-square-foot lot is relatively small for the region, limiting the distance from neighboring properties and restricting potential for future outdoor expansions.
Charming Victorian-style 2-bedroom, 2-bath home in the heart of Arrowbear, located at 2359 Oak Dr. This storybook retreat welcomes you with classic architectural details and an inviting layout, perfect as a full-time residence, weekend getaway, or investment property. The cozy living area features a beautiful wood-burning fireplace, creating a warm and relaxing gathering space on cool mountain evenings. The home offers two comfortable bedrooms and two well-appointed bathrooms, providing flexibility for family, guests, or a home office. Outside, a fully fenced backyard offers a private, usable outdoor space for pets, play, gardening, or entertaining. Nestled in a charming mountain community and surrounded by nature, this Victorian gem combines character and comfort in a highly desirable Arrowbear location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 940 | 1,677 |
| Lot Size | 2,000 | 6,600 |
| Price | $292.0K | $385.9K |
| Price per sq ft | $311 | $274 |
| Built year | 1983 | 1973 |
| HOA | $0 | $208 |
| Days on market | 25 | 89 |
Jul 15, 2026
$292,000
$299,999
-3% Price Drop
Initial Listing
Jun 27, 2026
$299,999
Initial Listing
Oct 7, 2019
$160,000
Public Record
Sep 12, 2008
$136,000
Public Record
Nov 30, 2007
$100,000
Public Record
Aug 9, 2005
$195,000
Public Record
Jul 30, 2002
$94,000
Public Record