31561 Panorama Drive, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath
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Running Springs, California 92382
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $369,000—positioned above the $342,402 Fair Market Value. While priced slightly above market, the property’s Mint Condition Rating and high-end renovations, including a modernized kitchen and spa-like bathroom, justify the premium. Featuring panoramic mountain views and an EV charger, this home is optimized for both personal use and short-term rental income. Its efficient layout and move-in-ready status make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a scenic, low-maintenance getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31561 Panorama Drive Subject | $369,000* List Price | 2 | 2 | 864 | $396 | - |
A 31954 Pine Cone Sold | $405,000 | 3 | 1 | 1,024 | $396 | 0.5 mi |
B 2544 Spring Drive Sold | $350,000 | 2 | 2 | 979 | $358 | 0.5 mi |
C 2405 Whispering Pines Sold | $275,000 | 2 | 1 | 902 | $305 | 0.5 mi |
D 31561 Panorama Drive Active | $399,000 List Price | 2 | 2 | 864 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1942, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern quartz countertops, farmhouse sink, and stainless steel appliances, while the bathrooms are described as sleek and modern. The inclusion of an EV charger and new laundry equipment indicates updated systems, placing it in mint, move-in-ready condition.
The property features two expansive decks offering awe-inspiring panoramic views of the mountains and city lights, significantly enhancing its appeal as a scenic retreat.
The home boasts a fully remodeled kitchen with quartz countertops and stainless steel appliances, alongside a sleek, spa-like main bathroom, providing a contemporary feel within a classic cabin setting.
Situated on a quiet street within walking distance to town and equipped with an EV charger, this property is perfectly positioned for use as a high-demand short-term rental or a convenient weekend getaway.
With only 864 square feet of living area, the home's small footprint may be restrictive for buyers seeking more spacious accommodations or significant indoor storage.
Originally built in 1942, the property's age may necessitate ongoing maintenance or updates to older structural and mechanical systems common in historic mountain homes.
Enjoy the peaceful surroundings and breathtaking beauty of the mountains from two decks, as you take in awe inspiring panoramic views, in the middle of mature pine trees. Step inside to a warm and inviting living area. The fully equipped kitchen is a haven for culinary enthusiasts featuring stainless stell appliances, a farmhouse sink, quartz countertops and upgraded flooring. A wood burning stove will help to warm the house during those cool winter days. Both bedrooms were designed with comfort in mind, with a half bath in between. The main bathroom is sleek and modern, offering a spa-like experience. The home is on a quiet street and walking distance to the town of Running Springs, one of the best hidden gems, with plenty of activities year round. Whether you're a hiking enthusiast, a skiing professional, or simply looking to explore nearby shops and restaurants, there are endless opportunities a short drive away. Make this your starter home or a weekend getaway that you can also short term rent on the side. There is an EV charger on the property, and a spacious storage area underneath with new laundry equipment
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 864 | 1,258.5 | 16% |
| Lot Size | 4,440 | 7,200 | 17% |
| Price | $369.0K | $360.0K | 57% |
| Price per sq ft | $427 | $290 | 95% |
| Built year | 1942 | 1973 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 208 | 1% |
May 30, 2026
$369,000
Initial Listing
Sep 7, 2021
$340,000
Public Record
Mar 27, 2018
$195,000
Public Record
Dec 2, 2011
$85,000
Public Record
Dec 21, 2001
$50,000
Public Record
Dec 15, 1998
$38,000
Public Record