31096 Wild Oak, Running Springs, California 92382, Running Springs, 92382 - 5 bed, 3 bath
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31096 Wild Oak
Running Springs, California 92382
ACTIVE
CONDITION: POOR
5Beds
3Baths
3,812Sq Ft
14,640Lot Size
Property Price
LIST PRICE$485,000
SUMMARY
Analysis of 31096 Wild Oak, Running Springs, California 92382 is currently available with a list price of $485,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1959 and explicitly described as a foreclosure fixer requiring cash or hard money, which indicates the property likely has safety or structural defects that prevent traditional financing. The exterior shows significant neglect, including damaged decking and aged siding, necessitating a comprehensive rehab of all major systems and interiors.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Living Space
With 3,812 square feet and 6 bedrooms, this expansive home offers significant square footage and a versatile finished basement, providing rare scale for the area.
- Prime Resort Location
Situated on a generous 1/3-acre lot, the property boasts easy highway access and a central location between Big Bear and Lake Arrowhead, maximizing its appeal as a vacation destination.
- Significant Value-Add Potential
As a corporate-owned foreclosure priced for its size, this property presents a major opportunity for investors to build equity through renovation in a desirable mountain community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3812, other record living area = 3028. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
- Financing Limitations
Due to its fixer condition and foreclosure status, the property likely requires a cash buyer or hard money loan, significantly narrowing the pool of potential purchasers.
- Extensive Renovation Required
The home is in poor condition and will necessitate substantial investment to address deferred maintenance and modernize its 1959-era systems and finishes.
About 31096 Wild Oak
Tri Level Home with probably the most combined interior square footage in this community. This house is a corporate Owned, foreclosure home. This one is a fixer and will likely need a cash buyer or hard money loan due to condition. This home is huge and on a very large lot (approximately 1/3 of an acre) with easy access to highway 18 and has a very good central location between resort areas in Big Bear and Lake Arrowhead. The house has a finished basement level, bottom level or first floor with an area of approx 784 sq ft (per tax records) that is useable in the overall square footage. The bottom level/basement has a sliding glass door and multiple large glass windows that open to the exterior so it is NOT A SUBTERRANEAN BASEMENT. It is more like a huge family room with a bedroom and bathroom on the first floor.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 14,640 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 2.9 |
| Baths | 3.0 | 2.6 |
| Square foot | 3,812 | 1,395.222 |
| Lot Size | 14,640 | 7,540.333 |
| Price | $485.0K | $386.9K |
| Price per sq ft | $127 | $272 |
| Built year | 1959 | 1976 |
| HOA | $0 | $208 |
| Days on market | 30 | 83 |
Pricing History
Listed for Sale
Aug 10, 2026
$485,000
Initial Listing