31120 Mountain Oak, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 3 bath
31120 Mountain Oak
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 31120 Mountain Oak, Running Springs, California 92382 reveals a Fairly Priced Property with a current list price of $415,000 aligned with the estimated $415,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 31120 Mountain Oak Subject | $415,000* List Price | 3 | 3 | 1,867 | $222 | - |
A 1823 Nob Hill Drive Sold | $455,000 | 4 | 3 | 1,860 | $245 | 0.6 mi |
B 31471 Ocean View Sold | $425,000 | 3 | 2 | 1,894 | $224 | 0.6 mi |
C 31140 Summit Drive Sold | $367,000 | 4 | 2 | 2,074 | $177 | 0.1 mi |
D 30909 Summit Drive Sold | $329,000 | 4 | 3 | 1,512 | $218 | 0.3 mi |
E 31358 Lightfoot Way Sold | $400,000 | 3 | 2 | 1,540 | $260 | 0.4 mi |
F 31364 Overhill Drive Sold | $495,000 | 3 | 3 | 1,920 | $258 | 0.3 mi |
G 30951 Glen Oak Active | $455,000 List Price | 4 | 2 | 1,949 | $233 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows clear evidence of pride of ownership and modern updates. Although built in 1978, the kitchen has been renovated with stone countertops and stainless steel appliances, and the bathrooms feature updated vanities and fixtures. The inclusion of a split-unit air conditioning system and well-maintained laminate flooring further elevates the condition. It fits the 'good' category as it is well-maintained with updated components, though it is not a brand-new or total studs-out renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Climate Control
Unlike many traditional mountain cabins, this property features a split-unit air conditioning system, providing essential comfort during the warmer summer months.
- Superior Accessibility
The home is situated on a rare flat, usable lot with ample parking and easy year-round access, avoiding the steep and difficult driveways common in mountain terrain.
- Prime Recreational Location
Located in close proximity to Snow Valley Ski Resort and SkyPark at Santa's Village, the property offers excellent lifestyle appeal and strong potential for short-term rental use.
CONSRISKS & DEFICIENCIES
- Pricing Momentum
The property has seen multiple price reductions from its original listing price of $465,000, which may suggest a lack of initial market traction or a need for further value alignment.
- Dated Construction Era
Built in 1978, the home may require updates to its core systems or aesthetic finishes to meet the expectations of buyers looking for a fully modernized mountain retreat.
About 31120 Mountain Oak
Welcome to this charming mountain retreat nestled in the Lower Rowco neighborhood of Running Springs. This home features 3 bedrooms and 3 bathrooms with an open floorplan perfect for comfortable living and entertaining. Enjoy cozy mountain evenings by the stone wall wood-burning stove and stay cool all summer with the split-unit air conditioning. The spacious layout offers plenty of natural light and a seamless flow between the living, dining, and kitchen areas, ideal for relaxing or hosting family and friends. Enjoy this flat useable lot with tons of parking and storage. Perfectly located in a wonderful neighborhood with easy year-round access. This home offers the perfect blend of peaceful mountain living and modern convenience. Your mountain lifestyle awaits, and so close to Snow Valley Ski Resort plus SkyPark at Santa's Village!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,867 | 1,250 | 84% |
| Lot Size | 7,200 | 7,200 | 50% |
| Price | $415.0K | $349.9K | 68% |
| Price per sq ft | $222 | $285 | 18% |
| Built year | 1978 | 1972 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 193 | 17% |
Pricing History
Listed for Sale
Feb 25, 2026
$415,000
$429,000
-3% Price Drop
Initial Listing
Price Change
Dec 31, 2025
$429,000
$465,000
-8% Price Drop
Initial Listing
Price Change
Nov 4, 2025
$465,000
Initial Listing
Sold
Nov 18, 2004
$280,000
Public Record
Sold
Oct 20, 2003
$205,000
Public Record