244 Moreno Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 2 bath
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Sugarloaf, California 92386
This Turnkey Mountain Retreat is a Prime Investment Opportunity, listed at $359,000—positioned well below the $375,762 Fair Market Value by 4%. This valuation gap offers $16,762 in Instant Equity. Maintaining a Good Condition Rating, the property features a rare 3% assumable loan, stone fireplace, and mountain views. Located within the Bear Valley Unified district near Big Bear High School, it balances lifestyle with financial upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 Moreno Lane Subject | $349,000 | 2 | 2 | 1,132 | $319 | - |
A 374 Los Angeles Avenue Sold | $392,700 | 3 | 2 | 1,131 | $347 | 0.4 mi |
B 598 Maple Sold | $250,500 | 2 | 2 | 1,080 | $232 | 0.5 mi |
C 172 Vista Sold | $313,700 | 2 | 2 | 1,024 | $306 | 0.4 mi |
D 346 Leonard Sold | $410,000 | 2 | 2 | 1,080 | $380 | 0.2 mi |
E 448 Cedar Lane Sold | $305,000 | 2 | 1 | 1,022 | $298 | 0.3 mi |
F 316 Cedar Lane Sold | $315,000 | 2 | 1 | 932 | $338 | 0.2 mi |
G 44667 Barton Active | $349,999 List Price | 2 | 2 | 1,040 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property is well-maintained and marketed as turnkey. It features updated laminate flooring, modern stainless/black kitchen appliances, and a clean, functional interior. The home appears move-in ready with recent cosmetic refreshes, placing it in the 'Good' category despite the age of the original structure and cabinetry.
The property features a rare 3% assumable loan, offering a significant financial advantage and lower monthly carrying costs compared to current market interest rates.
This mountain retreat is sold fully furnished with modern updates, including laminate flooring and a stone fireplace, making it an immediate move-in or rental-ready investment.
Situated on a flat, easy-access lot, the home is within walking distance of Big Bear High School and just minutes from major ski resorts, hiking trails, and lake activities.
The 3,750-square-foot lot is relatively compact for a mountain property, which may limit outdoor privacy and space for future expansions or large-scale landscaping.
Built in 1979, the home may require more frequent maintenance of original structural components and systems compared to newer builds, despite its cosmetic updates.
Turnkey mountain retreat with a rare 3% assumable loan—an exceptional opportunity in today’s market. This fully furnished Gambrel- style (barn-style) mountain home captures the classic Big Bear charm with modern comfort throughout. Step inside to a dramatic stone fireplace and updated laminate flooring that creates a warm, inviting space. The spacious kitchen flows seamlessly to the backyard—ideal for entertaining or relaxing after a day on the slopes, mountain biking or walk. The main level features a full bath and dedicated laundry area, while upstairs offers two generously sized bedrooms and a shared bath. One bedroom includes direct access to a private deck where you can take in peaceful forest views and local wildlife. Enjoy multiple outdoor living spaces, including a front deck perfect for morning coffee and a backyard patio complete with outdoor furnishings and picnic table. Flat lot with easy access, front and side parking, plus a large storage shed. Situated in a quiet Sugarloaf neighborhood, just minutes from Big Bear Lake, ski resorts, hiking trails, shopping, and dining. Whether you’re looking for a full-time home, weekend escape, or income-producing rental, this property checks all the boxes.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 4.3 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,132 | 936 | 75% |
| Lot Size | 3,750 | 5,000 | 31% |
| Price | $349.0K | $299.0K | 73% |
| Price per sq ft | $308 | $335 | 45% |
| Built year | 1979 | 1977 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 201 | 4% |
May 4, 2026
$359,000
Initial Listing
Nov 5, 2020
$255,000
Public Record
Jan 30, 2004
$158,000
Public Record