30891 Valley Oak, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath
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Running Springs, California 92382
This property presents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well below the $452,378 Fair Market Value by -10%. While the home carries a Fair Condition Rating of 5, the expansive 16,200 sqft lot and soaring wood-beamed ceilings provide a solid foundation for value-add renovations. Located near major mountain resorts, this asset offers significant upside for those capable of modernizing the dated interior. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with strong rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30891 Valley Oak Subject | $499,900* List Price | 3 | 2 | 1,793 | $252 | - |
A 30919 Valley Oak Sold | $360,000 | 4 | 2 | 1,251 | $288 | 0.0 mi |
B 30580 Live Oak Sold | $375,000 | 3 | 2 | 1,530 | $245 | 0.4 mi |
C 31116 All View Sold | $350,000 | 3 | 2 | 1,184 | $296 | 0.4 mi |
D 30400 Live Oak Active | $429,000 List Price | 3 | 3 | 1,700 | $252 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958, this property features a highly dated kitchen and bathrooms with fixtures (like the pink sink and laminate counters) appearing to be 30-50 years old. The listing description explicitly mentions 'endless potential' and 'ready for personal updates,' signaling a need for a full interior rehab and likely system overhauls.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16200, living area = 1793.
Ideally situated minutes from Snow Valley Ski Resort, Big Bear, and Lake Arrowhead, offering exceptional appeal for vacation rentals or a seasonal getaway.
The property sits on a generous 16,200 sqft lot surrounded by mature pines, providing a level of privacy and outdoor living space that is highly sought after in mountain communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16200, other record lot size in square feet = 7800. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1793, other record living area = 1446. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1958 and described as ready for personal updates, the home likely requires a significant budget for modernization and cosmetic renovations.
Given the property's age and mountain environment, buyers should anticipate potential upgrades to older mechanical systems and insulation to handle extreme winter climates.
Mountain Retreat on 2 Lots with Endless Potential in Running Springs! Nestled among towering pines of Running Springs, this spacious mountain home offers the perfect combination of privacy, character, and opportunity. The sale includes the adjacent vacant lot of 8,400sqft, creating an impressive combined lot size of approximately 16,200 square feet, providing added privacy, expanded outdoor space, and exceptional future potential. Featuring soaring wood-beamed ceilings, expansive living spaces, and abundant natural light, the home is filled with classic mountain charm and is ready for your personal updates. The flexible floor plan includes multiple bedrooms, generous gathering areas, and a large enclosed sunroom ideal for entertaining, relaxing, or creating the ultimate game room. Outside, enjoy a spacious lot surrounded by mature trees, open outdoor living areas, and a detached storage shed. Conveniently located just minutes from Snow Valley Ski Resort, Big Bear, Lake Arrowhead, hiking trails, shopping, and dining, this property is perfect as a full-time residence, weekend getaway, or investment opportunity. A rare chance to own a mountain home with tremendous upside in one of Running Springs' most desirable locations. With the added value of the adjacent lot and a combined 16,200-square-foot footprint, this is a rare opportunity to own a mountain retreat with room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,793 | 1,677 |
| Lot Size | 16,200 | 6,600 |
| Price | $499.9K | $385.9K |
| Price per sq ft | $279 | $274 |
| Built year | 1958 | 1973 |
| HOA | $0 | $208 |
| Days on market | 22 | 89 |
Jun 30, 2026
$499,900
Initial Listing
Aug 24, 2016
$239,000
Public Record