31771 Panorama Drive, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath
31771 Panorama Drive
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 31771 Panorama Drive, Running Springs, California 92382 reveals a property with a current list price of $380,000, which is 17% above the estimated $313,859 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 31771 Panorama Drive Subject | $380,000* List Price | 2 | 2 | 1,094 | $287 | - |
A 2435 Secret Drive Sold | $289,000 | 3 | 2 | 1,152 | $251 | 0.2 mi |
B 2405 Whispering Pines Sold | $275,000 | 2 | 1 | 902 | $305 | 0.3 mi |
C 31551 Wagon Wheel Drive Sold | $362,300 | 4 | 3 | 1,189 | $305 | 0.4 mi |
D 2359 Avian Way Active Under Contract | $349,900 List Price | 2 | 2 | 1,086 | $322 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1989, making it 35 years old. While well-maintained and move-in ready, the kitchen and bathrooms show significant signs of being outdated. The kitchen features white tile countertops, an older tile backsplash, and a dated fluorescent ceiling light panel. The bathrooms also have tile countertops, older vanities, and gold-framed sliding shower doors, consistent with a 1980s/early 90s aesthetic. The flooring is a mix of laminate/hardwood and carpet, which appears functional but not new. Overall, the home is aged but maintained, and major components are functional but show signs of being outdated, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Mountain Setting & Views
Nestled in the Mountains with a 'Trees/Woods' view, offering a serene and picturesque environment ideal for a retreat.
- Outdoor Living Space
Features a spacious wrap-around decking, perfect for enjoying the fresh air and mountain scenery.
- Turnkey Ready
All appliances and furnishings are included, providing a hassle-free, move-in ready experience or immediate rental potential.
CONSRISKS & DEFICIENCIES
- Modest Square Footage
With 1094 square feet, the living space is relatively compact for a 2-bedroom, 2-bathroom home, which may not suit all buyer needs.
- Property Age
Built in 1989, the home is over 30 years old, potentially indicating older systems or components that may require future maintenance or upgrades.
- Niche Market Appeal
Its 'farmhouse in the mountains' aesthetic and location in Running Springs cater to a niche market, which could affect the speed of sale.
About 31771 Panorama Drive
Perfect farmhouse nestled in the Mountains! The home features a spacious wrap-around decking that you can sit outside and enjoy the fresh air! With 2 bedrooms, 2 bathrooms and 1056 square feet of living space in a great location close to town. Parking for 3 cars at ground level which is ideal during snow season :) and don't forget the dog run. The large kitchen has white cabinetry coupled with white tile and offers ample storage and countertop space. The dining area is surrounded by windows and is the perfect place to sit and enjoy a meal with friends and family alike! Bedrooms are good size while the bathrooms offer 2 showers and a tub! This cabin is stunning! All appliances and furnishings are included.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 4,589 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,094 | 1,235 | 40% |
| Lot Size | 4,589 | 7,200 | 15% |
| Price | $380.0K | $349.9K | 64% |
| Price per sq ft | $347 | $286 | 76% |
| Built year | 1989 | 1972 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 317 | 197 | 88% |
Pricing History
Listed for Sale
Jan 4, 2026
$380,000
$390,000
-3% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$390,000
Initial Listing
Price Change
Apr 24, 2025
$403,000
Initial Listing