2524 Spring Drive, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 1 bath
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Running Springs, California 92382
This Value-Add Mountain Cabin is listed at $299,990, currently positioned above the $220,368 Fair Market Value. Holding a Condition Rating of 5, the 1959 residence requires a comprehensive interior overhaul, specifically targeting the dated kitchen and bathroom to unlock its full potential. Despite the current valuation gap, the property’s location near Lake Arrowhead and Snow Valley provides a strong foundation for future ROI through forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on the high demand for modernized mountain rentals in the Rim of the World district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2524 Spring Drive Subject | $299,990* List Price | 2 | 1 | 864 | $255 | - |
A 2359 Avian Way Sold | $349,900 | 2 | 2 | 1,086 | $322 | 0.2 mi |
B 31867 Wagon Wheel Drive Sold | $320,000 | 2 | 2 | 1,048 | $305 | 0.2 mi |
C 31739 Panorama Drive Sold | $369,900 | 3 | 2 | 1,200 | $308 | 0.3 mi |
D 31450 Ocean View Sold | $355,000 | 3 | 2 | 1,100 | $323 | 0.7 mi |
E 31655 Silver Spruce Sold | $365,000 | 3 | 2 | 1,170 | $312 | 0.4 mi |
F 32143 West Drive Active | $339,500 List Price | 2 | 2 | 952 | $357 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this property's kitchen and bathroom are extremely dated and show significant wear, indicating no major renovations in many decades. The kitchen features very old, yellowed appliances, worn laminate countertops, and outdated cabinetry and lighting. The bathroom has an old wall-mounted sink, exposed plumbing, an outdated vanity light, and an old tub/shower combo. These areas require substantial repairs and rehabilitation to meet modern standards for comfort and functionality, pushing the property into the 'poor' condition category.
The property is minutes away from popular mountain attractions like Santa's Village, Lake Arrowhead, Lake Gregory, and Big Bear Lake, offering extensive year-round outdoor recreational opportunities.
Conveniently located within walking distance to essential local amenities including the post office, public library, health clinic, and various restaurants, enhancing daily living convenience.
Features a cozy open-concept living room with a warm fireplace, a spacious front porch, and a gated backyard, embodying the desirable mountain getaway aesthetic.
With only 864 sqft, 2 bedrooms, and 1 bathroom, the property may be too small for larger families or those seeking more expansive living spaces, potentially limiting its market appeal.
Built in 1959, the home may require updates to systems, finishes, or energy efficiency to meet modern standards, potentially incurring additional costs for a buyer.
The current list price of $319,990 is 17% above the estimated property value of $263,006, suggesting it may be overvalued compared to current market data and could face pricing challenges.
Welcome to the cozy mountain getaway! This charming cabin features, two bedrooms, and one bathroom, offering the perfect blend of comfort, character, and tranquility. The inviting open concept, living room boost a warm fireplace idea for relaxing evenings after a day in the mountains. Enjoy the fresh Mountain air from the spacious front porch or unwind in the gated backyard, complete with two storage sheds for all your outdoor gear and tools. A dedicated laundry room as convenience, making this cabin as functional as it is charming. Located within walking distance to the post office, public library, health clinic, and local restaurants, you’ll love the blend of small town, charm and modern convenience. Adventure awaits just minutes away explore Santa’s village (6 miles), Lake arrowhead (9 miles), Lake Gregory, (15 miles), and big Bear Lake (18 miles), surrounded by scenic trails, ski resorts, and year-round outdoor recreational, the property offers the best of mountain living. Don’t miss opportunity to own your own slice of serenity in running Springs, where peace, nature, and convenience meet!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 864 | 1,246 | 21% |
| Lot Size | 5,100 | 7,200 | 17% |
| Price | $300.0K | $355.0K | 30% |
| Price per sq ft | $347 | $284 | 77% |
| Built year | 1959 | 1972 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 254 | 211 | 72% |
Mar 25, 2026
$299,990
$319,990
-6% Price Drop
Initial Listing
Aug 11, 2025
$319,990
Initial Listing