
Running Springs, California 92382
This Mixed-Use A-Frame Asset represents a High-Potential Investment Opportunity, listed at a List Price of $389,000, which aligns with the $389,000 Fair Market Value. Featuring an Active STR Permit and Mixed-Use Zoning, the property offers immediate revenue potential. With a Condition Rating of 2, the interior is updated and move-in ready. The inclusion of an Adjacent 7,000-square-foot Parcel provides significant expansion and density upside. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Entrepreneurial Owner-Occupants seeking a live/work setup.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31255 Outer Highway 18 S Subject | $389,000* List Price | 2 | 2 | 1,387 | $280 | - |
A 31435 Oakleaf Sold | $394,000 | 3 | 2 | 1,156 | $341 | 0.3 mi |
B 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.2 mi |
C 30906 Live Oak Sold | $355,000 | 2 | 2 | 1,296 | $274 | 0.4 mi |
D 2012 Poplar Sold | $499,000 | 3 | 2 | 1,660 | $301 | 0.5 mi |
E 31442 Ocean View Sold | $355,000 | 2 | 1 | 1,016 | $349 | 0.5 mi |
F 30941 Glen Oak Sold | $420,000 | 3 | 2 | 1,725 | $243 | 0.4 mi |
G 31111 All View Drive Sold | $350,000 | 3 | 2 | 1,092 | $321 | 0.3 mi |
H 31822 Panorama Drive Sold | $429,000 | 3 | 4 | 1,460 | $294 | 0.9 mi |
I 31351 Firwood Drive Active | $462,900 List Price | 3 | 2 | 1,507 | $307 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1967, the property has undergone a recent restoration including newer flooring, appliances, and critical systems such as the furnace and central AC. The interior is in mint condition, featuring modern updates and a functional layout that supports its current use as an active short-term rental.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7442, living area = 1387.
The property features rare mixed-use zoning and an active short-term rental permit, offering immediate revenue streams and exceptional flexibility for residential, commercial, or live/work applications.
This classic 1967 A-frame boasts high visibility on Highway 18, providing excellent brand exposure for a boutique business and a unique, recognizable aesthetic that appeals to vacation renters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1387, other record living area = 1449. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
While the Highway 18 frontage is ideal for commercial visibility, the constant proximity to a main thoroughfare results in significant traffic noise, which may detract from the tranquil mountain experience.
With over 80 days on the market and multiple price reductions, the property is experiencing extended market time, suggesting potential buyer resistance to the current price point or its specific niche configuration.
An iconic three-level A-frame with two parcels, an active STR permit, mixed-use zoning and exceptional Highway 18 visibility. This unforgettable 1967 A-frame blends mountain character, income potential, and rare flexibility into one standout opportunity. Lovingly restored and full of personality, the property is zoned for both residential and commercial use—opening the door to a wide range of possibilities, from a full-time mountain retreat to a boutique business venture or live/work setup. Newer flooring, furnace, central AC, appliances and more. With incredible highway frontage and undeniable vibes, this is the kind of property locals instantly recognize. The striking three-story design delivers dramatic architecture and a thoughtfully updated interior. Currently operating as a short-term rental, the home offers immediate income potential with an active permit in one of the mountain community's most visible locations. The upper two levels operate as one unit, which boasts a decorative Malm fireplace, level entry main floor bedroom and bath, plus loft space. The flexible ground floor features its own level entry (in addition to an interior staircase) and half bath with excellent potential for a future ADU (buyer to verify), guest quarters, studio or office. Included in the sale is an approximately 7,000-square-foot adjacent parcel, adding even more opportunity, privacy, parking, or future expansion potential. Whether you’re dreaming of opening a design-forward storefront, creative studio, cafe, vacation rental, or simply owning one of the mountain’s most recognizable homes, this property delivers a rare combination of style, visibility, and versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,387 | 1,395.222 |
| Lot Size | 7,442 | 7,540.333 |
| Price | $389.0K | $386.9K |
| Price per sq ft | $280 | $272 |
| Built year | 1967 | 1976 |
| HOA | $0 | $208 |
| Days on market | 90 | 83 |
Aug 27, 2026
$389,000
$396,000
-2% Price Drop
Initial Listing
Jun 29, 2026
$396,000
$405,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$405,000
Initial Listing
Apr 30, 2021
$280,000
Public Record