
Running Springs, California 92382
This Turnkey Mountain Retreat is listed at $349,000, representing a stable entry point aligned with its $339,496 Fair Market Value. Featuring a Condition Rating of 2, the property boasts a modernized kitchen, updated bathrooms, and an active STR permit for immediate income generation. The flexible downstairs bonus room provides a unique opportunity for an ADU conversion, while the scenic mountain views, spacious deck, and Rim of the World district location enhance its vacation appeal. This high-utility asset is perfectly suited for Short-Term Rental Investors or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33061 Bluebird Subject | $344,000* List Price | 2 | 2 | 1,080 | $314 | - |
A 32784 Richmond Drive Sold | $334,000 | 3 | 2 | 1,224 | $273 | 0.4 mi |
B 2386 Independence Lane Active | $322,500 List Price | 2 | 2 | 1,050 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
Offered fully furnished (negotiable), this home is ready for immediate occupancy or rental, eliminating the need for additional upfront capital for outfitting the space.
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.
At 1,080 square feet, the interior living space is relatively compact, which may limit its appeal for larger families or groups.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,246 | 33% |
| Lot Size | 2,349 | 7,200 | 2% |
| Price | $344.0K | $355.0K | 44% |
| Price per sq ft | $319 | $284 | 64% |
| Built year | 1985 | 1972 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 210 | 9% |
Apr 8, 2026
$344,000
$349,000
-1% Price Drop
Initial Listing
Feb 4, 2026
$349,000
Initial Listing
Jul 29, 2021
$325,000
Public Record
Jun 15, 2016
$130,000
Public Record
Jan 3, 2002
$75,000
Public Record