31047 Summit, Running Springs, California 92382, Running Springs, 92382 - 4 bed, 2 bath
31047 Summit
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 31047 Summit, Running Springs, California 92382 reveals a Fairly Priced Property with a current list price of $389,000 aligned with the estimated $397,590 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 Running Springs 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 |
|---|---|---|---|---|---|---|
★ 31047 Summit Subject | $389,000* List Price | 4 | 2 | 1,593 | $250 | - |
A 30909 Summit Drive Sold | $329,000 | 4 | 3 | 1,512 | $218 | 0.2 mi |
B 31510 Valley Ridge Drive Sold | $360,000 | 4 | 3 | 1,612 | $223 | 0.6 mi |
C 31115 Valley Oak Dr Sold | $419,000 | 4 | 3 | 1,614 | $260 | 0.1 mi |
D 31358 Lightfoot Way Sold | $400,000 | 3 | 2 | 1,540 | $260 | 0.5 mi |
E 31140 Summit Drive Sold | $367,000 | 4 | 2 | 2,074 | $177 | 0.1 mi |
F 1933 Willow Drive Sold | $275,000 | 3 | 2 | 1,328 | $207 | 0.5 mi |
G 1944 Willow Active | $410,000 List Price | 4 | 2 | 1,666 | $246 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1972 mountain home that shows pride of ownership but remains largely in its original vintage state. While it features key recent updates such as new carpet, a new water heater (2026), and dual-pane sliding doors, the kitchen and bathrooms are dated with older cabinetry and appliances. The heavy use of wood paneling and older light fixtures reflect its age, fitting the criteria for a home that is functional and maintained but requires modernization to meet current style standards.
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 = 8760, living area = 1593.
- Exceptional Panoramic Views
The property features stunning, distant panoramic views of city lights and the southland, captured through expansive windows and a large back deck.
- Superior Mountain Accessibility
Rare for the area, this home offers a near-level driveway and entry with very few steps, situated on a reliable county-plowed road for easy winter access.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1972, the home may require additional modernizations to the kitchen and bathrooms to align with contemporary luxury standards.
- Split-Level Layout
With three of the four bedrooms located on the lower level, the floor plan may be less convenient for buyers seeking a more traditional or single-level living experience.
About 31047 Summit
Wow what a view! This Running Springs home, located close to town, and Hwy 330, and not far from Snow Valley is near level entry and will stun you with it's distant panoramic views. Arrive to your home with a near level driveway and only a few steps to the front door. Once inside you will find on the main floor, a bedroom with bath, an office room that could be the 5th bedroom, the second bath, large living room with vaulted ceilings, a large fireplace as a focal point, lots of windows to capture the view, the dining room and the kitchen. The back deck and view will allow you to see distant city lights and views of the southland. Downstairs is 3 more bedrooms and laundry room. Home is equipped with vinyl siding, newly installed carpet and sliding glass dual pane doors, and located on a county plowed road. The water heater was just replace in Jan 2026. This home has so much to offer that it is a must see to appreciate, don't pass this one up.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,760 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 84% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,593 | 1,250 | 68% |
| Lot Size | 8,760 | 7,200 | 70% |
| Price | $389.0K | $349.9K | 66% |
| Price per sq ft | $244 | $285 | 26% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 193 | 3% |
Pricing History
Listed for Sale
Feb 22, 2026
$389,000
$399,000
-3% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$399,000
Initial Listing