31347 Circle View, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath
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Running Springs, California 92382
This Mountain Cabin Value-Add Asset is a High-Potential Investment Opportunity, listed at $279,999—positioned well below the $290,966 Fair Market Value by 3%. This valuation gap provides $10,967 in Instant Equity. While currently holding a Fair Condition Rating due to deferred maintenance and unfinished kitchen projects, the property features serene forest and mountain views and a functional 1,248 sqft layout. Located in the Rim of the World district, it offers significant forced appreciation potential through cosmetic updates. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking a mountain retreat with built-in equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31347 Circle View Subject | $279,999* List Price | 3 | 2 | 1,248 | $233 | - |
A 31558 Ocean View Drive Sold | $315,000 | 2 | 2 | 1,300 | $242 | 0.6 mi |
B 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.2 mi |
C 2450 Spring Oak Drive Sold | $265,000 | 2 | 2 | 1,404 | $189 | 0.4 mi |
D 30909 Summit Drive Sold | $329,000 | 4 | 3 | 1,512 | $218 | 0.5 mi |
E 31612 City Creek Road Active | $339,000 List Price | 2 | 2 | 1,278 | $265 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home features some recent interior updates including newer flooring and kitchen cabinetry. However, it is rated fair due to visible deferred maintenance and incomplete projects, specifically the unfinished drywall/backsplash in the kitchen, ceiling damage/staining, and significantly weathered exterior decking and stairs that require repair.
Priced competitively at $279,999 for a 3-bedroom, 2-bathroom residence, this property offers a rare and affordable entry point into the California mountain real estate market.
The home is perfectly positioned on a hillside to capture serene forest and mountain views, providing the quintessential 'cabin-in-the-woods' atmosphere that buyers seek in Running Springs.
With 1,248 square feet of living space and a three-bedroom layout, the property provides a versatile footprint that accommodates full-time living, weekend retreats, or potential rental opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The elevated hillside location and unique multi-level entry may pose challenges for those with mobility issues or during heavy winter snowfall common to the area.
Built in 1976, the property likely requires cosmetic updates and modernization of its original systems to meet the expectations of contemporary buyers and maximize its appreciation potential.
Tucked among the trees in Running Springs, this charming 3-bedroom cabin offers the perfect mountain escape with cozy character and peaceful surroundings. Elevated on a hillside, the home features a unique, multi-level entry that adds to its rustic appeal while rewarding you with serene forest views and fresh mountain air. Inside, you’ll find a warm and inviting layout ideal for relaxing weekends or full-time living. Whether you’re a first-time homebuyer or someone craving a quiet retreat, this property delivers comfort, charm, and value. Enjoy the natural setting, towering pines, and that true cabin-in-the-woods feel—just a short drive from local shops, dining, and outdoor adventures. A great opportunity to own an affordable mountain home with personality and potential.
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 | 1,248 | 1,258.5 | 48% |
| Lot Size | 6,600 | 7,200 | 40% |
| Price | $280.0K | $357.5K | 14% |
| Price per sq ft | $224 | $286 | 16% |
| Built year | 1976 | 1974 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 208 | 2% |
Apr 22, 2026
$279,999
Initial Listing
Aug 1, 2018
$215,000
Public Record
Nov 6, 2009
$135,000
Public Record