31822 Panorama Drive, Running Springs, California 92382, Running Springs, 92382 - 3 bed, 4 bath
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Running Springs, California 92382
This Renovated Mountain Cabin is a Strong Value Opportunity, listed at $439,000—positioned well below the $445,074 Fair Market Value by 1%. This valuation gap provides $6,074 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled quartz kitchen, A-frame vaulted ceilings, and a private hot tub with mountain views. With a short-term lodging permit and proven rental history in the Rim of the World district, it balances lifestyle luxury with income potential. This is an ideal acquisition for Short-Term Rental Investors or Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31822 Panorama Drive Subject | $429,000* List Price | 3 | 4 | 1,460 | $289 | - |
A 31308 Firwood Sold | $399,000 | 3 | 2 | 1,480 | $270 | 0.9 mi |
B 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.8 mi |
C 31354 Overhill Drive Sold | $435,000 | 3 | 2 | 1,152 | $378 | 0.8 mi |
D 31595 Luring Pines Drive Sold | $460,000 | 3 | 2 | 1,753 | $262 | 0.3 mi |
E 2765 Preston Drive Sold | $445,000 | 3 | 3 | 1,657 | $269 | 0.2 mi |
F 31471 Ocean View Sold | $425,000 | 3 | 2 | 1,894 | $224 | 0.5 mi |
G 31353 Marcella Active | $485,000 List Price | 3 | 3 | 1,540 | $315 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1973, this property has undergone extensive and recent renovations, including a remodeled kitchen with new black stainless steel appliances, quartz countertops, and maple cabinetry, modernized bathrooms with new fixtures and quartz, brand-new vinyl plank flooring, and all-new plumbing, electrical, and furnace systems. The images confirm a fresh, modern aesthetic in key areas, blending well with the cabin's original charm. This level of comprehensive updating, particularly of major systems, indicates the property is in virtually new condition with no deferred maintenance, aligning with the 'Excellent' criteria for a recently renovated home.
The property is fully furnished, equipped with a short-term lodging permit, and boasts a proven Airbnb rental history, making it an ideal turnkey investment opportunity.
Significant renovations include a remodeled kitchen with new appliances and quartz countertops, modernized bathrooms, new vinyl plank flooring, and updated plumbing, electrical, and furnace systems, minimizing immediate maintenance needs.
Centrally located in Running Springs, a local ski destination, with close proximity to popular ski resorts, Lake Arrowhead, and Big Bear, enhancing its appeal for vacationers and outdoor enthusiasts.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1460, other record living area = 1364. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1973, despite extensive modern upgrades, the underlying structure is over 50 years old, which may lead to long-term maintenance considerations not covered by recent renovations.
The description highlights a 'ski destination' but does not mention a cooling system, which could be a drawback during warmer months for occupants or renters.
Charming Updated Cabin in Running Springs – Fully Furnished with Short-Term Rental Permit! Come relax and unwind in this beautifully updated cabin in Southern California’s local ski destination, Running Springs. This residence seamlessly blends the original 1970s charm with modern upgrades. Step inside to an open floor plan featuring a classic A-frame vaulted ceiling and brand-new vinyl plank flooring. The remodeled kitchen boasts maple cabinetry, quartz countertops, new black stainless steel appliances, and a custom island with additional seating—perfect for entertaining. The main living area is bright and inviting, with large windows capturing serene forest views, a built-in fireplace, and direct access to the rear deck. Upstairs, an open loft offers extra sleeping space or a fun family retreat. The downstairs garage has been transformed into a bonus living area with a full bath and laundry. Enjoy outdoor living on the wrap-around deck, rebuilt with premium materials and craftsmanship, or soak in the private above-ground hot tub after a day of skiing or hiking. Additional updates include modernized bathrooms with new cabinetry, quartz countertops, and fixtures, as well as all-new plumbing, electrical, and furnace systems. Centrally located near popular ski resorts, Lake Arrowhead, and Big Bear, this home makes an ideal getaway and has a proven Airbnb rental history. Fully furnished and equipped with a short-term lodging permit, it’s turnkey and ready for your enjoyment or rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 1,460 | 1,250 | 65% |
| Lot Size | 5,900 | 7,200 | 27% |
| Price | $429.0K | $356.5K | 73% |
| Price per sq ft | $294 | $285 | 54% |
| Built year | 1973 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 211 | 10% |
Mar 30, 2026
$429,000
$433,000
-1% Price Drop
Initial Listing
Mar 13, 2026
$433,000
$439,000
-1% Price Drop
Initial Listing
Mar 8, 2026
$439,000
$440,000
+0% Price Increase
Initial Listing
Feb 7, 2026
$440,000
$450,000
-2% Price Drop
Initial Listing
Jan 27, 2026
$450,000
Initial Listing