31472 Panorama Drive, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 1 bath
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31472 Panorama Drive
Running Springs, California 92382
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,300Sq Ft
6,000Lot Size
Property Price
LIST PRICE$379,000
EST. MARKET VALUE
$361,439
4% AboveMARKET VALUE
SUMMARY
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $379,000—positioned well below the $390,455 Fair Market Value by 2%. This valuation gap offers $11,455 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes an updated kitchen and a wrap-around deck for mountain living. While the single-bath layout requires consideration, the property remains a functional, move-in ready asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a mountain retreat.
Estimated Market Value
$361,439
Based on Realkey algorithm analyzing recent comparable sales in Running Springs.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31472 Panorama Drive Subject 3 bd · 1 ba · 1,300 sqft · $278 | $379,000* List Price | 3 | 1 | 1,300 | $278 | - |
A 2551 Rim Of The World Drive Sold 3 bd · 2 ba · 1,600 sqft · $244 · 0.3 mi | $390,000 | 3 | 2 | 1,600 | $244 | 0.3 mi |
B 2667 Hunsaker Sold 4 bd · 2 ba · 1,395 sqft · $262 · 0.7 mi | $364,900 | 4 | 2 | 1,395 | $262 | 0.7 mi |
C 2418 Spring Oak Sold 3 bd · 2 ba · 1,368 sqft · $255 · 0.4 mi | $349,000 | 3 | 2 | 1,368 | $255 | 0.4 mi |
D 31442 Ocean View Sold 2 bd · 1 ba · 1,016 sqft · $349 · 0.1 mi | $355,000 | 2 | 1 | 1,016 | $349 | 0.1 mi |
E 31306 Circle View Drive Sold 2 bd · 1 ba · 1,130 sqft · $252 · 0.5 mi | $285,001 | 2 | 1 | 1,130 | $252 | 0.5 mi |
F 31347 Circle View Sold 3 bd · 2 ba · 1,248 sqft · $224 · 0.4 mi | $280,000 | 3 | 2 | 1,248 | $224 | 0.4 mi |
G 30904 Live Oak Drive Sold 2 bd · 2 ba · 1,120 sqft · $277 · 0.8 mi | $310,000 | 2 | 2 | 1,120 | $277 | 0.8 mi |
H 31822 Panorama Drive Sold 3 bd · 4 ba · 1,460 sqft · $294 · 0.4 mi | $429,000 | 3 | 4 | 1,460 | $294 | 0.4 mi |
I 31655 Valley View Active 3 bd · 2 ba · 1,168 sqft · $316 · 0.3 mi | $369,000 List Price | 3 | 2 | 1,168 | $316 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1955, the property has undergone noticeable renovations within the past 5 to 15 years. The kitchen is updated with stainless steel appliances and butcher block countertops, and the bathroom features a modern vessel sink and updated vanity. The home appears well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Outdoor Living
The property features a large wrap-around deck that maximizes the mountain setting, providing ample space for outdoor dining and relaxation among the trees.
- Updated Kitchen Amenities
The kitchen comes equipped with modern stainless steel appliances, offering a contemporary touch that balances the home's rustic mountain charm.
- Attractive Price Point
Currently listed at $379,000—below its 2022 sale price of $400,000—this home represents a strong value proposition for buyers seeking a mountain retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bathroom Facilities
With three bedrooms but only one bathroom, the layout may present logistical challenges for larger families or guests, potentially impacting its functionality.
- Absence of Scenic Views
Despite its location on Panorama Drive, the listing indicates no specific views, which could be a disadvantage compared to other mountain properties that offer panoramic vistas.
About 31472 Panorama Drive
Welcome to your mountain getaway in Running Springs! This charming 3-bedroom home offers a warm and inviting retreat surrounded by the beauty of the San Bernardino Mountains. Enjoy the fresh mountain air from the wrap-around deck, perfect for morning coffee, outdoor dining, or relaxing among the trees. Inside, the home features a comfortable layout with a welcoming living space and a kitchen equipped with stainless steel appliances. With three bedrooms and plenty of space to gather, this property is ideal for a full-time residence, weekend escape, or mountain retreat. Conveniently located near the local shops, restaurants, outdoor recreation, and everything Running Springs has to offer, this is an opportunity to enjoy the peaceful mountain lifestyle while remaining within easy reach of the surrounding communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 2.9 |
| Baths | 1.0 | 2.6 |
| Square foot | 1,300 | 1,490.756 |
| Lot Size | 6,000 | 9,026.78 |
| Price | $379.0K | $393.2K |
| Price per sq ft | $292 | $271 |
| Built year | 1955 | 1979 |
| HOA | $0 | $208 |
| Days on market | 72 | 97 |
Pricing History
Listed for Sale
Aug 13, 2026
$379,000
Initial Listing
Sold
Jun 14, 2022
$400,000
Public Record
Sold
Jan 9, 2017
$155,000
Public Record
Sold
Mar 16, 2012
$63,500
Public Record