31661 Wagon Wheel, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 2 bath
31661 Wagon Wheel
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 31661 Wagon Wheel, Running Springs, California 92382 reveals a Fairly Priced Property with a current list price of $365,000 aligned with the estimated $365,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31661 Wagon Wheel Subject | $365,000* List Price | 3 | 2 | 1,064 | $343 | - |
A 31651 Wagon Wheel Active | $325,000 List Price | 2 | 2 | 908 | $358 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1965, this A-frame cabin has undergone an extensive recent renovation within the last 5 years, bringing it up to modern quality standards. The kitchen is fully updated with white shaker-style cabinetry, stainless steel appliances, and contemporary fixtures. The bathrooms feature modern vanities and updated tiling. With new flooring throughout, updated lighting, and a well-maintained exterior including multiple decks, the property shows no signs of deferred maintenance and is in move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic A-Frame Aesthetic
The property features a classic A-frame design with modern interior touches, offering the highly desirable 'treehouse' cabin feel that appeals to both vacationers and short-term rental investors.
- Prime Recreational Location
Situated directly across from the National Forest with immediate access to hiking trails and located just minutes from local ski resorts, the home is perfectly positioned for outdoor enthusiasts.
- Functional Mountain Amenities
Thoughtful additions like a dedicated mudroom for snow gear, a storage workshop, and multiple decks for taking in the mountain air enhance the property's utility as a year-round residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1064, other record living area = 768. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- Limited Bathroom Ratio
With three bedrooms but only 1.5 bathrooms, the home may face functional limitations for larger groups or families, particularly during high-occupancy vacation periods.
- Small Lot Footprint
The 2,870 square foot lot is relatively compact for a mountain property, which may limit privacy from neighbors and restrict future exterior expansions or large-scale landscaping.
About 31661 Wagon Wheel
This 3 bedroom 1.5 bath A-Frame treehouse cabin has all the rustic charm with modern touches. Sitting high up in the trees arriving at a convenient mud room to take off your snow boats before entering the cozy living room with fireplace. A rustic barn door separates the family room with the laundry and half bathroom. Bedroom one is directly off the family room entry area. The large front deck is perfect to take in the mountain air. The second main floor features an open living room with wood burning stove, dining and kitchen. This main floor showcases the beautiful A-Frame design and windows bringing in mountain sunshine. Modern touches adorn the house at every corner without losing the rustic cabin feel. A smaller deck with built in bench seating is located off the main floor living area. Bedroom two and a full bathroom make up this level. The third level has an A-Frame loft bedroom with a small office area with a view to the living room and trees. A storage-work shop area is located as you walk up to the house and a front yard terraced for a garden. Located across the street from the National Forest with hiking trails and just minutes to the local ski resort makes this an ideal vacation home or a full-time paradise in the trees.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 2,870 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,064 | 1,235 | 38% |
| Lot Size | 2,870 | 7,200 | 13% |
| Price | $365.0K | $349.9K | 59% |
| Price per sq ft | $343 | $286 | 75% |
| Built year | 1965 | 1972 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 193 | 10% |
Pricing History
Listed for Sale
Mar 3, 2026
$365,000
$379,000
-4% Price Drop
Initial Listing
Price Change
Nov 26, 2025
$379,000
Initial Listing
Sold
Aug 17, 2023
$360,000
Public Record
Sold
Oct 4, 2019
$170,000
Public Record
Sold
Dec 30, 2008
$140,000
Public Record
Sold
Aug 18, 2005
$150,000
Public Record
Sold
Feb 24, 1998
$63,000
Public Record