32047 Pine Cone, Running Springs, California 92382, Running Springs, 92382 - 1 bed, 2 bath
32047 Pine Cone
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 32047 Pine Cone, Running Springs, California 92382 reveals a Fairly Priced Property with a current list price of $490,000 aligned with the estimated $477,892 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 32047 Pine Cone Subject | $490,000* List Price | 1 | 2 | 1,909 | $250 | - |
A 31358 Lightfoot Way Sold | $400,000 | 3 | 2 | 1,540 | $260 | 1.0 mi |
B 31417 Lightfoot Sold | $463,500 | 3 | 2 | 1,399 | $331 | 0.8 mi |
C 2730 View Drive Sold | $515,000 | 3 | 3 | 1,788 | $288 | 0.2 mi |
D 32455 Scandia Active | $499,800 List Price | 3 | 3 | 2,284 | $219 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property shows a mix of recent cosmetic updates and significant original features. While it benefits from new vinyl plank flooring, new carpet, and a modern Trex deck, the kitchen is notably outdated with vintage wallpaper, older dark wood cabinetry, and tiled countertops. The interior also retains 1960s-era wood paneling and popcorn ceilings, indicating that while the home is well-maintained, it has not undergone a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11357, living area = 1909.
- Equestrian Amenities
A rare find in Running Springs, this property is fully equipped for horse enthusiasts with stables, a cross-tie area, a dedicated tac room, and proximity to riding trails.
- Expanded Land Ownership
The sale includes an additional 12,600 sqft parcel alongside the primary 11,357 sqft lot, providing exceptional privacy and room for future expansion.
CONSRISKS & DEFICIENCIES
- Limited Main Bathrooms
The main residence only contains one full bathroom, which may be a challenge for families or those who frequently host guests.
- Property Age
Built in 1962, the home may require more frequent maintenance or updates to its original systems compared to newer mountain constructions.
- Niche Market Appeal
The specialized equestrian setup and mountain location appeal to a specific buyer profile, which could limit the pool of interested parties in a general market.
About 32047 Pine Cone
Set on a generous 11,357sqft horse property plus an additional 12,600sqft parcel, 32047 Pine Cone Dr offers mid-century character, modern updates, and a rare equestrian setup in the serene mountain community of Running Springs. This charming property features 2 bedroom and 1 full bathrooms, along with an attached studio ADU approximately 500sqft, providing flexible space for guests, rental income, or multigenerational living. Inside, Unique raised grain Paneling in the master bedroom, new carpet, and new vinal plank flooring throughout the home enhance comfort while complementing the homes classic mid-century appeal. Outdoors, you can enjoy horse back riding on nearby trails because the property includes stables, a cross-tie area, and a dedicated tac room, making it ideal for horse enthusiasts or those seeking a unique mountain lifestyle. Surrounded by towering pines and offering expanded land ownership, this property provides privacy, a stunning valley view off of the Trex deck, and room to grow while remaining close to town amenities and year round recreation. The second Parcel number is 0295-201-04-0000
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 11,357 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 3.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,909 | 1,250 | 86% |
| Lot Size | 11,357 | 7,200 | 80% |
| Price | $490.0K | $349.9K | 84% |
| Price per sq ft | $257 | $285 | 32% |
| Built year | 1962 | 1972 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 193 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$490,000
$525,000
-7% Price Drop
Initial Listing
Price Change
Feb 10, 2026
$525,000
Initial Listing
Sold
Jan 24, 2024
$330,000
Public Record