33061 Bluebird, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath
33061 Bluebird
Running Springs, California 92382
Property Price
SUMMARY
Analysis of 33061 Bluebird, Running Springs, California 92382 reveals a Fairly Priced Property with a current list price of $349,000 aligned with the estimated $339,495 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 |
|---|---|---|---|---|---|---|
★ 33061 Bluebird Subject | $349,000* List Price | 2 | 2 | 1,080 | $314 | - |
A 32784 Richmond Drive Sold | $334,000 | 3 | 2 | 1,224 | $273 | 0.4 mi |
B 2294 Deep Creek Dr. Active | $360,000 List Price | 2 | 2 | 1,440 | $250 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1985, the property has undergone an extensive and high-quality renovation within the last 5 years to function as a turnkey short-term rental. The interior features a fully modernized kitchen with stainless steel appliances and updated cabinetry, renovated bathrooms with contemporary tile work and fixtures, and updated flooring throughout. The property shows no signs of deferred maintenance and meets current aesthetic and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Ready
The property comes with an active Short-Term Rental (STR) permit and a proven track record as a successful rental, offering immediate ROI for investors.
- Turnkey Opportunity
Offered fully furnished (negotiable), this home is ready for immediate occupancy or rental, eliminating the need for additional upfront capital for outfitting the space.
- Flexible Layout
The downstairs bonus room provides excellent versatility, offering the potential to be converted into a third bedroom, home office, or even a separate ADU for dual-income streams.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 1,080 square feet, the interior living space is relatively compact, which may limit its appeal for larger families or groups.
- Small Lot Size
The 2,349 square foot lot is quite small for the area, offering limited private outdoor space and restricted options for exterior expansion or landscaping.
- Permitting Contingencies
While the lower level offers expansion potential, any conversion to an ADU or additional units is subject to San Bernardino County approval and strict permitting requirements.
About 33061 Bluebird
Welcome to this charming mountain retreat located in Arrowbear Lake, currently operating as a successful short-term and mid-term rental (STR/MTR). The home is fully furnished, with furnishings negotiable, offering a turnkey opportunity for investors or owner-occupants. A standout feature is the bonus room downstairs, providing excellent flexibility and ideal potential for conversion into a third bedroom, home office, or creative space. For investors, the lower-level layout may offer an opportunity to explore adding an ADU or reconfiguring the space into two rental units (buyer to verify all uses, permits, and requirements with San Bernardino County). The property has an active STR permit, making it especially attractive for buyers looking to step into immediate rental income. Surrounded by mature trees and mountain scenery, and conveniently located near hiking, snow play, and local amenities, this home blends lifestyle and income potential. Ideal as a full-time residence, weekend getaway, or income-producing investment this is mountain living with upside.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 2,349 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 | 1,080 | 1,235 | 38% |
| Lot Size | 2,349 | 7,200 | 7% |
| Price | $349.0K | $349.4K | 50% |
| Price per sq ft | $323 | $286 | 68% |
| Built year | 1985 | 1972 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 193 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$349,000
Initial Listing
Sold
Jul 29, 2021
$325,000
Public Record
Sold
Jun 15, 2016
$130,000
Public Record
Sold
Jan 3, 2002
$75,000
Public Record