307 Arroyo Dr, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 2 bath
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307 Arroyo Dr
Big Bear Lake, California 92315
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
2Baths
1,444Sq Ft
13,064Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$532,408
6% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a Turnkey Mountain Retreat listed at $499,000—positioned well below the $531,447 Fair Market Value by 6%. This valuation gap offers $32,447 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a new roof, central heating, and modern finishes. Its prime, walkable location near the lake and high-occupancy potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain getaway.
Estimated Market Value
$532,408+$33,408 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 307 Arroyo Dr Subject 4 bd · 2 ba · 1,444 sqft · $369 | $499,000* List Price | 4 | 2 | 1,444 | $369 | - |
A 864 Jaybird Sold 3 bd · 2 ba · 1,360 sqft · $375 · 0.7 mi | $510,000 | 3 | 2 | 1,360 | $375 | 0.7 mi |
B 534 Highland Sold 2 bd · 2 ba · 1,254 sqft · $359 · 0.3 mi | $450,000 | 2 | 2 | 1,254 | $359 | 0.3 mi |
C 490 Vista Active 3 bd · 2 ba · 1,680 sqft · $327 · 0.2 mi | $549,000 List Price | 3 | 2 | 1,680 | $327 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a complete, turnkey renovation within the last 5 years. It features a brand-new roof, new central heating system, new double-pane windows, new flooring, and fully remodeled kitchen and bathrooms with modern appliances and fixtures, requiring no immediate maintenance.
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 = 13064, living area = 1444.
- Turnkey Remodel
The property has undergone a comprehensive renovation including a new roof, windows, heating, and appliances, offering a move-in-ready experience without the need for immediate capital expenditure.
- Prime Walkable Location
Ideally situated within walking distance to Big Bear Lake, local dining, and shopping, making it a highly desirable location for both full-time residents and vacation renters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1444, other record living area = 864. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Originally built in 1962, the property may still possess some structural or layout characteristics typical of older mountain cabins despite the modern cosmetic and functional upgrades.
- Limited View Clarity
While the listing mentions lake and mountain views, the 'peek-a-boo' designation suggests these vistas may be partially obstructed by neighboring structures or mature trees.
About 307 Arroyo Dr
BIG BEAR LAKE MOUNTAIN RETREAT | COMPLETELY REMODELED | PRIME LOCATION Experience the best of Big Bear Lake from this beautifully remodeled 4-bedroom, 2-bath mountain retreat, ideally located just a short walk from the lake, local stores, restaurants, and popular attractions. Thoughtfully renovated throughout, this turnkey home features brand-new double-pane windows, brand-new central heating throughout, new flooring, a new roof, beautifully remodeled bathrooms, new appliances, and fresh interior paint. With extensive upgrades already completed, this home is ready for you to enjoy without the hassle or expense of remodeling. The spacious 4-bedroom layout provides plenty of room for family and guests, making this an ideal vacation getaway, full-time residence, or investment opportunity. Enjoy the convenience of having Big Bear's lake, dining, shopping, and entertainment just minutes—or a pleasant walk—from your front door. Come home to a beautifully updated mountain retreat designed for comfort, relaxation,
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 13,064 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,444 | 1,542.393 |
| Lot Size | 13,064 | 7,922.562 |
| Price | $499.0K | $617.0K |
| Price per sq ft | $346 | $383 |
| Built year | 1962 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 36 | 74 |
Pricing History
Listed for Sale
Sep 19, 2026
$499,000
Initial Listing
Sold
Aug 7, 2023
$370,000
Public Record