
Running Springs, California 92382
Analysis of 31537 Old City Creek, Running Springs, California 92382 is currently available with a list price of $599,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Running Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end renovation that brings it to like-new condition. The custom kitchen features premium GE Café appliances, Calcatta Del Sol countertops, and modern cabinetry. Major system upgrades include new PEX plumbing, a new AC system, a tankless water heater, and smart-home technology. With high-quality finishes like waterproof laminate flooring, designer light fixtures, and spa-inspired bathrooms, the home meets the highest standards of modern quality with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11100, living area = 1008.
The property has been fully reimagined with high-end finishes, including a custom kitchen with GE Café appliances, new PEX plumbing, and a new AC system, offering a completely turnkey experience.
Featuring a massive 700 sq ft lower deck with a private Jacuzzi and panoramic mountain views, the outdoor living space significantly extends the home's functional square footage.
At 1,008 square feet, the interior living space is relatively small, which may limit appeal for buyers or guests requiring more spacious accommodations.
A recent price reduction from the original list price suggests the property is testing the upper limits of the local market valuation for its size and category.
Reimagined Mountain Penthouse with Breathtaking Views, Jacuzzi & Ultimate Mountain Escape. This fully renovated penthouse-style cabin offers effortless single-level living just steps from the entry and is ideally located near local shops and dining. Designed with a balance of modern finishes and warm mountain character, the 2-bedroom, 2-bath layout captures sweeping views and abundant natural light throughout. The open-concept interior features durable waterproof laminate flooring, smooth drywall, and a cohesive neutral color palette. The custom kitchen is a standout with rich green cabinetry, white GE Café appliances, Calcatta Del Sol countertops, a black sink, brass fixtures, and a statement black shiplap range hood that flows seamlessly into the living space. The living room showcases beam ceilings, a contemporary fireplace, and a large multi-panel slider framing panoramic scenery. A new 202 sq ft billiard room with an electric fireplace adds flexible space ideal for entertaining, relaxing, or additional lounge use. Outdoor living is enhanced by a two-level deck, including a refreshed approximately 700 Sq ft lower deck with a private Jacuzzi, perfect for enjoying the mountain setting year-round. The primary suite offers vaulted ceilings, expansive windows, a walk-in closet, and a spa-inspired bath with a custom tiled walk-in shower, floating bench, and elevated finishes. The guest bedroom features high ceilings and ample storage, while the guest bath includes a deep soaking tub. Additional upgrades include new windows, Craftsman-style knotty alder interior doors, new PEX plumbing, a new AC system, tankless water heater, and smart-home features such as Nest cameras, video doorbell, smart thermostat, and Lutron lighting controls. The property currently holds an STR permit and demonstrates strong rental demand , Offered fully furnished, with furnishings potentially included with a strong offer, making this a true turnkey opportunity for personal enjoyment or income production.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,008 | 1,246 | 29% |
| Lot Size | 11,100 | 7,200 | 80% |
| Price | $599.0K | $358.0K | 94% |
| Price per sq ft | $594 | $284 | 98% |
| Built year | 1969 | 1972 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 211 | 13% |
Feb 10, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Jan 9, 2026
$625,000
Initial Listing
Oct 17, 2023
$535,000
Public Record
May 18, 2023
$250,000
Public Record