31858 Hollow Way, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath
Loading property details...
Running Springs, California 92382
This Turnkey Character Home is a Strong Value Opportunity, listed at $379,000—positioned well below the $391,300 Fair Market Value by 3%. This valuation gap offers $12,300 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern upgrades like a tankless water heater and new siding, paired with unique historic charm. Its expansive lot and move-in ready status make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31858 Hollow Way Subject | $379,000* List Price | 2 | 2 | 1,484 | $264 | - |
A 31111 All View Drive Sold | $350,000 | 3 | 2 | 1,092 | $321 | 0.9 mi |
B 31124 All View Drive Sold | $362,000 | 3 | 1 | 1,440 | $251 | 0.9 mi |
C 2701 Canon Way Sold | $332,000 | 3 | 2 | 1,063 | $312 | 0.2 mi |
D 2313 Spring Oak Sold | $490,000 | 3 | 3 | 1,776 | $276 | 0.8 mi |
E 31351 Firwood Drive Active | $464,900 List Price | 2 | 2 | 1,507 | $308 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1925, the property has undergone significant recent renovations including new siding (2023), updated reengineered flooring, and a modernized kitchen with stainless steel appliances and stone backsplash. Key systems have been improved with a tankless water heater, partial copper re-piping, and natural gas conversion, making it well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10731, living area = 1484.
This 1925 cottage is sold fully furnished and features unique historic elements like an 1881 wood-burning stove and custom accent walls, making it immediately ready for use as a primary residence or short-term rental.
Situated on a large 10,731 sqft lot formed by merging two parcels, the property offers a secluded feel at the end of a cul-de-sac, surrounded by mature trees with parking for up to 10 vehicles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1484, other record living area = 1022.
Originally built in 1925, the property may require more frequent upkeep and specialized care for its vintage components compared to modern mountain constructions.
The small one-car garage is better suited for a workshop or storage rather than modern vehicle housing, which may be a limitation for buyers with multiple cars needing covered protection.
This custom-built cottage is a must see. Two bedrooms, one 3/4 bath/laundry room combo & one 1/2 bath. Large eat-in kitchen. Beamed ceilings, stone backsplash, and reengineered flooring. An 1881 actual wood burning stove is in the living room. Lots of character here. Master bedroom accent walls are made from old crates & pallets from the fruit exchange. Perfect for personal residence or to use as an investment property rental. Located at end of a cul-de-sac. Two lots were merged into one, making this a very large lot, surrounded by pine, cedar & redwood trees. There is a historic wishing well and birdbath on the property, making it a unique one-of-a-kind treasure. There is a small one car garage that can be used as a storage or workshop. There is an additional large storage shed at the back of the property, The very long driveway leads to parking for up to 10 cars. The outside has new siding, that was installed in 2023. Many upgrades to this property. There is a partial copper re-pipe, a tankless water heater & the house has been converted to natural gas. Public water & public sewer, Located within walking distance to town. Nearby areas include Snow Valley Ski Resort , Santa's Village & Lake Arrowhead to the West & Big Bear Lake is about 17 miles to the East. This home comes fully furnished with furniture, window coverings, decorative items, appliances, dishes, linens, towels, & a TV. It is literally move-in ready, or ready to immediately rent out. Must see to appreciate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,484 | 1,677 |
| Lot Size | 10,731 | 6,600 |
| Price | $379.0K | $385.9K |
| Price per sq ft | $255 | $274 |
| Built year | 1925 | 1973 |
| HOA | $0 | $208 |
| Days on market | 37 | 89 |
Jun 15, 2026
$379,000
Initial Listing
Mar 29, 2018
$220,000
Public Record
Mar 7, 2014
$140,000
Public Record