2478 Elko, Arrowbear, California 92382, Arrowbear, 92382 - 1 bed, 1 bath
2478 Elko
Arrowbear, California 92382
Property Price
SUMMARY
Analysis of 2478 Elko, Arrowbear, California 92382 reveals a Fairly Priced Property with a current list price of $259,000 aligned with the estimated $259,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Arrowbear 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2478 Elko Subject | $259,000* List Price | 1 | 1 | 441 | $587 | - |
A 2481 Spruce Drive Active | $290,000 List Price | 1 | 1 | 480 | $604 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1930, this cabin is aged but appears well-maintained with regular upkeep. The kitchen and bathroom have seen some updates, such as the granite-look countertops and tiled backsplash in the kitchen, and a newer vanity in the bathroom, likely within the last 15-30 years. However, the overall style, older wall-mounted heating units, and basic appliances indicate that major systems and aesthetics are functional but outdated, aligning with the 'fair' condition criteria.
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 = 7525, living area = 441.
- Desirable Mountain Location
Situated in the heart of Arrowbear and the San Bernardino Mountains, offering easy access to Snow Valley, hiking trails, and amenities in Running Springs, appealing to those seeking a mountain lifestyle.
- Versatile Use Potential
The property is suitable as a full-time residence, a weekend getaway, or an income-producing short-term rental, broadening its market appeal.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 441 sq ft, the interior living space is very small, which may not accommodate all buyer needs and limits its appeal to a niche market.
- Minimal Bedroom/Bathroom Count
The property offers only 1 bedroom and 1 bathroom, restricting its suitability for larger families or groups and potentially limiting rental income for short-term use.
- Age of Property
Built in 1930, the property is quite old, which could imply the need for updates to systems, insulation, or general maintenance to meet modern standards and comfort expectations.
About 2478 Elko
In the heart of Arrowbear, this cozy cabin invites you to slow down and enjoy mountain life. Set among the pines on a generous 7,525 sq ft lot, this charming 1-bedroom, 1-bath home offers the perfect blend of serenity and practical comfort. The 441 sq ft interior features an open-concept living space with warm wood accents, a stone fireplace, and plenty of natural light. Outside, enjoy ample room for parking, expansion, or simply relaxing in the fresh mountain air. This property sits in the heart of the San Bernardino Mountains — just minutes from Snow Valley, local hiking trails, and the shops and dining of downtown Running Springs. Whether you’re looking for a full-time residence, weekend getaway, or income-producing short-term rental, this cabin is an inviting escape into mountain living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 7,525 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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 | 1.0 | 3.0 | 8% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 441 | 1,235 | 3% |
| Lot Size | 7,525 | 7,200 | 60% |
| Price | $259.0K | $347.4K | 15% |
| Price per sq ft | $587 | $286 | 98% |
| Built year | 1930 | 1972 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 193 | 18% |
Pricing History
Listed for Sale
Feb 3, 2026
$259,000
$275,000
-6% Price Drop
Initial Listing
Price Change
Oct 24, 2025
$275,000
Initial Listing