346 W North Shore Drive, Big Bear City, California 92314, Big Bear City, 92314 - 3 bed, 2 bath
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Big Bear City, California 92314
This Investor-Focused Value-Add Asset is listed at $340,000, representing a stable entry point relative to its $333,194 Fair Market Value. Located in the highly desirable Peter Pan area, this 1962 cabin carries a Condition Rating of 4, presenting a classic 'time capsule' opportunity for comprehensive modernization. The property features a detached garage and a corner lot with Exceptional Parking for boats or RVs, all within the Bear Valley Unified School District. Offering mountain views and significant renovation upside, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 346 W North Shore Drive Subject | $340,000* List Price | 3 | 2 | 1,080 | $311 | - |
A 405 Sugarloaf Sold | $405,000 | 3 | 3 | 1,216 | $333 | 0.7 mi |
B 1068 Sierra Avenue Sold | $380,000 | 2 | 1 | 1,000 | $380 | 0.3 mi |
C 615 Elysian Boulevard Sold | $315,000 | 2 | 1 | 1,064 | $296 | 0.9 mi |
D 520 Maltby Boulevard Sold | $378,000 | 3 | 2 | 1,244 | $304 | 0.8 mi |
E 221 E Barker Boulevard Sold | $400,000 | 3 | 3 | 1,374 | $291 | 0.5 mi |
F 447 W Meadow Active | $320,000 List Price | 3 | 1 | 1,056 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is a classic 'time capsule' cabin that appears well-maintained but is significantly outdated. The kitchen features original-style cabinetry and older black appliances, while the bathrooms retain dated fixtures like the blue bathtub. The extensive use of wood paneling and older flooring throughout confirms the 'investor special' status, indicating that while the home is functional and habitable, it requires comprehensive cosmetic and system modernization to meet current market standards.
Situated in the highly desirable Peter Pan area, the property is just minutes from the North Shore side of Big Bear Lake, offering excellent proximity to recreation.
The corner lot provides ample space for multiple vehicles, boats, or an RV, complemented by a detached garage for additional storage or workspace.
Priced as an 'investor special,' this property offers a significant opportunity for renovation and customization to unlock equity in a sought-after neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is being sold in its current state, which will require immediate and potentially significant capital investment for repairs and upgrades.
Built in 1962, the home likely requires updates to major systems such as plumbing, electrical, and insulation to meet modern efficiency standards.
As-is investor special priced for a quick sale in the highly desirable Peter Pan area, just minutes from the North Shore side of the lake. Situated on a corner lot, this charming cabin-style home offers exceptional parking with ample space for multiple vehicles, a boat, or RV, along with a detached garage for added storage or potential workspace. The home features a cute and quaint cabin feel with loads of character, providing an excellent opportunity for renovation, customization, or investment. With its prime location, generous lot, and flexible parking options, this property is ideal for investors or buyers looking to create their own mountain or lake retreat. A rare chance to purchase in a sought-after neighborhood at an attractive price point—bring your vision and unlock the potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,405 | 29% |
| Lot Size | 4,900 | 7,226.5 | 15% |
| Price | $340.0K | $439.4K | 22% |
| Price per sq ft | $315 | $325 | 43% |
| Built year | 1962 | 1979 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 221 | 8% |
Jan 28, 2026
$340,000
Initial Listing
Aug 26, 2003
$152,000
Public Record
Jul 27, 2001
$132,000
Public Record
Jul 6, 1999
$115,000
Public Record