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
$390,492
SUMMARY
This Single Family Residence is a Prime Investment Opportunity, listed at $379,000—positioned well below the $390,492 Fair Market Value by 2%. This valuation gap offers $11,492 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modernized kitchen and a wrap-around deck with panoramic mountain views. While the single-bathroom layout requires consideration, the property’s move-in ready status makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a mountain retreat.
Estimated Market Value
$390,492
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 | $379,000* List Price | 3 | 1 | 1,300 | $300 | - |
A 31442 Ocean View Sold | $355,000 | 2 | 1 | 1,016 | $349 | 0.1 mi |
B 31347 Circle View Sold | $280,000 | 3 | 2 | 1,248 | $224 | 0.4 mi |
C 31822 Panorama Drive Sold | $429,000 | 3 | 4 | 1,460 | $294 | 0.4 mi |
D 31558 Ocean View Drive Sold | $315,000 | 2 | 2 | 1,300 | $242 | 0.2 mi |
E 31739 Panorama Drive Sold | $369,900 | 3 | 2 | 1,200 | $308 | 0.3 mi |
F 31450 Ocean View Sold | $355,000 | 3 | 2 | 1,100 | $323 | 0.1 mi |
G 31713 Luring Pines Sold | $445,000 | 3 | 3 | 1,480 | $301 | 0.3 mi |
H 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.4 mi |
I 31671 Luring Pines Drive Active | $450,000 List Price | 3 | 1 | 1,500 | $300 | 0.2 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 built in 1955, the property has undergone significant renovations within the last 5-15 years. It features a modernized kitchen with stainless steel appliances, updated laminate flooring, and a well-maintained wrap-around deck. The home appears move-in ready and functional for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Living Space
The property features a spacious wrap-around deck, providing an ideal setting for outdoor dining and enjoying the serene mountain environment and fresh air.
- Value-Driven Pricing
Listed at $379,000, the home is priced competitively below its 2022 sale price of $400,000, offering an attractive entry point into the Running Springs market.
- Modern Kitchen Upgrades
The kitchen is equipped with updated stainless steel appliances, blending modern convenience with the home's classic mountain charm.
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 Count
With three bedrooms but only one bathroom, the layout may be less convenient for larger families or groups, potentially impacting its appeal as a full-time residence.
- Property Age
Originally built in 1955, the home may require more frequent maintenance or updates to its older infrastructure compared to newer constructions in the area.
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 | 1,395.222 |
| Lot Size | 6,000 | 7,540.333 |
| Price | $379.0K | $386.9K |
| Price per sq ft | $292 | $272 |
| Built year | 1955 | 1976 |
| HOA | $0 | $208 |
| Days on market | 27 | 83 |
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