31041 Wild Oak, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath
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Running Springs, California 92382
This Spacious Mountain Cabin is a Strong Value Opportunity, listed at $445,000—positioned well below the $452,609 Fair Market Value by 1.7%. This valuation gap offers $7,609 in Instant Equity for buyers. The property is in Good Condition, featuring updated stainless-steel appliances and authentic log walls, with an unfinished ADU providing significant upside for forced appreciation. Ideally located for commuters, this home balances mountain lifestyle with financial potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31041 Wild Oak Subject | $445,000* List Price | 3 | 2 | 2,020 | $224 | - |
A 31120 Mountain Oak Sold | $385,000 | 3 | 3 | 1,867 | $206 | 0.1 mi |
B 30941 Glen Oak Sold | $420,000 | 3 | 2 | 1,725 | $243 | 0.1 mi |
C 31353 Lightfoot Way Sold | $575,000 | 5 | 3 | 2,372 | $242 | 0.5 mi |
D 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.3 mi |
E 31140 Summit Drive Sold | $367,000 | 4 | 2 | 2,074 | $177 | 0.2 mi |
F 1823 Nob Hill Drive Sold | $455,000 | 4 | 3 | 1,860 | $245 | 0.5 mi |
G 30951 Glen Oak Pending | $428,000 List Price | 4 | 2 | 1,949 | $220 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the home has undergone significant interior updates making it move-in ready. The kitchen features newer stainless-steel appliances and refreshed cabinetry, complemented by updated laminate flooring and fresh paint. Although the exterior deck shows some weathering and the home relies on a wood-burning stove, the overall maintenance and functional updates to the living spaces meet the criteria for good condition.
The property features classic log walls and a cozy wood-burning stove, providing the quintessential mountain cabin character that is highly desirable for both vacationers and full-time residents.
The inclusion of an unfinished ADU opportunity and additional workshop space offers a unique chance for buyers to build equity or generate future rental income.
At 2,020 square feet, this home is larger than many area cabins and includes a versatile upstairs landing ideal for a home office, catering to modern work-from-home needs.
The reliance on a wood-burning stove for primary heating and the lack of a specified cooling system may be a concern for buyers accustomed to modern central climate control.
The current list price of $445,000 is approximately 5% lower than its 2022 sale price of $469,500, reflecting a potential plateau or slight decline in local market valuation.
Located in the charming mountain community of Running Springs, this inviting 3-bedroom, 2-bathroom home offers the perfect blend of comfort, character, and convenience. The main level features a bedroom and full bathroom, while the upper level provides two additional bedrooms and a bathroom, giving everyone their own private space. An upstairs landing offers a flexible area ideal for a home office, reading nook, or study space, and includes a convenient stackable washer and dryer. Step inside to a warm and welcoming living room highlighted by a cozy wood-burning stove that efficiently heats the home. The spacious kitchen offers abundant cabinet storage, newer stainless-steel appliances, and flows seamlessly into the charming dining area. This versatile space can also serve as a secondary living room or sitting area and provides access to the rear deck overlooking the large fenced backyard. Mountain charm shines throughout with beautiful log walls featured in the dining/living area and main-floor bedroom, creating the authentic cabin feel you've been searching for. Outside, enjoy a fenced area perfect for a dog run, garden, or outdoor retreat, along with a mature apple tree that adds to the property's appeal. Additional features include workshop and storage space, plus the potential to create investment income with an unfinished ADU opportunity. Ideally located for commuters, this home offers easy access down the mountain while remaining close to hiking trails, outdoor recreation, and local ski resorts. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this charming mountain cabin offers the best of mountain living in a beautiful natural setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,020 | 1,263 | 89% |
| Lot Size | 7,150 | 7,200 | 46% |
| Price | $445.0K | $360.0K | 75% |
| Price per sq ft | $220 | $292 | 14% |
| Built year | 1962 | 1972 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 212 | 1% |
May 29, 2026
$445,000
Initial Listing
Jul 21, 2022
$469,500
Public Record
Nov 8, 2021
$395,000
Public Record
Jul 24, 2020
$300,000
Public Record
Nov 3, 2017
$250,000
Public Record
Apr 19, 2011
$128,000
Public Record