
Running Springs, California 92382
This property represents a High-Potential Investment Opportunity, listed at a List Price of $490,000. While the property is currently priced above its $468,473 Fair Market Value, the 11,000 sqft lot and 2,077 sqft of living space provide a solid foundation for value-add renovations. Given its Fair Condition Rating and 1971 build date, the home requires modernization to reach its full potential. Located within the Rim of the World school district, this asset is well-suited for Buy-and-Hold Investors or Contractors seeking a project with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31361 Easy Subject | $490,000* List Price | 4 | 2 | 2,077 | $226 | - |
A 30919 Valley Oak Sold | $360,000 | 4 | 2 | 1,251 | $288 | 0.6 mi |
B 31530 Onacrest Sold | $415,000 | 2 | 3 | 1,692 | $245 | 0.3 mi |
C 30955 Scenic Way Sold | $499,000 | 3 | 3 | 2,142 | $233 | 0.5 mi |
D 31047 Summit Sold | $389,000 | 4 | 2 | 1,593 | $244 | 0.4 mi |
E 31051 Wild Oak Sold | $450,000 | 3 | 3 | 2,288 | $197 | 0.4 mi |
F 31358 Lightfoot Way Sold | $400,000 | 3 | 2 | 1,540 | $260 | 0.2 mi |
G 31175 All View Active | $425,000 List Price | 4 | 2 | 1,824 | $233 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1971, making it 55 years old at the time of listing. According to the criteria, properties over 30 years old without major renovations are classified as poor. The exterior shows dated teal trim and aged wood siding, suggesting that the interior systems, kitchen, and bathrooms likely require significant rehabilitation to address over five decades of depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 2077.
With 2,077 square feet of living space and four bedrooms, this property offers significant room for families or vacation groups at a highly competitive price point for the area.
The 11,000 square foot lot provides ample outdoor space and a sense of privacy within the Lower Rowco subdivision, a key feature for mountain living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1971, the home may require modernization of its interior finishes and potential upgrades to aging mechanical systems to meet contemporary buyer expectations.
The view is limited to the immediate neighborhood and trees, lacking the premium long-range mountain or lake vistas that typically drive higher appreciation in this region.
Mountain living meets exceptional opportunity at 31361 Easy Street! Situated on a spacious 11,000 sq. ft. corner lot surrounded by mature pines, this unique three-story home offers approximately 2,077 sq. ft. of living space with 4 bedrooms and 2 bathrooms, providing plenty of room for family, guests, or a mountain getaway. One of the property's standout features is the studio above the garage/carport, complete with its own kitchen and laundry, offering potential for extended family, guests, or rental income (buyer to verify permitted use). Outdoor living is a highlight with two spacious decks designed for entertaining, relaxing, or simply enjoying the peaceful forest setting. The generous corner lot offers privacy and plenty of parking for multiple vehicles and recreational toys. Whether you're searching for a full-time residence, vacation home, or investment opportunity, this property offers a versatile floor plan and the chance to add your own style. Conveniently located just minutes from local shops, restaurants, hiking trails, and an easy drive to Lake Arrowhead, Snow Valley, and Big Bear, you'll enjoy year-round mountain recreation while remaining within commuting distance to the Inland Empire. Don't miss this opportunity to own a spacious mountain property with flexible living options in the heart of Running Springs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,077 | 1,677 |
| Lot Size | 11,000 | 6,600 |
| Price | $490.0K | $385.9K |
| Price per sq ft | $236 | $274 |
| Built year | 1971 | 1973 |
| HOA | $0 | $208 |
| Days on market | 16 | 89 |
Jul 6, 2026
$490,000
Initial Listing