351 Glenwood Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 4 bath
351 Glenwood Drive
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 351 Glenwood Drive, Big Bear Lake, California 92315 reveals a property with a current list price of $1,589,500, which is 10% above the estimated $1,427,554 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Big Bear Lake 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 |
|---|---|---|---|---|---|---|
★ 351 Glenwood Drive Subject | $1,589,500* List Price | 4 | 4 | 2,839 | $503 | - |
A 195 Teakwood Drive Sold | $1,200,000 | 4 | 4 | 2,792 | $430 | 0.2 mi |
B 487 Fallen Leaf Road Sold | $1,325,000 | 4 | 4 | 3,116 | $425 | 0.2 mi |
C 463 Windsong Place Sold | $1,700,000 | 4 | 4 | 3,596 | $473 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This custom-built log-style mountain cabin, constructed in 2004, is 20 years old, placing it at the upper end of the 'Good' category's age range. However, the property is described as 'move-in ready' and features high-quality materials and modern amenities. The gourmet kitchen boasts granite countertops, custom cabinetry, and top-of-the-line stainless steel appliances, all appearing in excellent condition in the images. Bathrooms are spa-inspired with jetted tubs, double vanities, and tiled showers, showing minimal wear. Bamboo hardwood floors are consistent throughout, and the home includes smart features like Wi-Fi and security cameras. While not newly built or extensively renovated within the last 5 years to qualify as 'Excellent,' its exceptional maintenance, quality finishes, and functional systems clearly place it above 'Fair,' requiring no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Lake & Mountain Views
The property offers breathtaking panoramic views of Big Bear Lake and the surrounding mountains from multiple vantage points, significantly enhancing its appeal as a luxury retreat.
- High-End Finishes & Custom Design
Features custom log-style architecture, cathedral ceilings, bamboo hardwood floors, a gourmet kitchen with granite countertops and top-of-the-line appliances, and luxurious master suites with spa-inspired bathrooms.
- ADU Development Potential
A large 1/3-acre lot includes a leveled section with pre-drawn plans for a 1,000 sq ft Accessory Dwelling Unit (ADU), offering significant future expansion or income opportunities.
CONSRISKS & DEFICIENCIES
- Non-Standard Living Space
Two additional bedrooms and one bathroom are described as 'finished out of crawl space,' which may not meet standard living space requirements, potentially impacting comfort, legality, or perceived value.
- Lower-Rated Local Schools
The local elementary and middle schools have ratings of 2 and 3 respectively, which could be a significant drawback for families prioritizing highly-rated public education.
- Significant Price Reductions
The property has undergone multiple substantial price reductions since its initial listing, potentially indicating an initial overvaluation or market resistance at its current price point, despite owner financing options.
About 351 Glenwood Drive
Luxurious Mountain Retreat in Castle Glen Estates Big Bear Lake owner financing ! Nestled within the prestigious Castle Glen Estates, this custom-built, two-story log-style mountain cabin offers an unparalleled blend of rustic elegance and modern luxury. This stunning 4 bedroom, 4 bathroom + additional ( 2 Bedrooms 1 bath finished out of crawl space with separate entrance ) retreat is designed for those who seek sophistication amid the serene beauty of Big Bear Lake’s resort setting, with breathtaking panoramic views of the lake and surrounding mountains. Step inside to a warm and inviting interior, where cathedral ceilings, bamboo hardwood floors, and log-and-wood accents create a timeless ambiance. The heart of the home is its cozy living room, anchored by a grand fireplace and furnished with plush leather sofas and chairs, perfect for gathering with loved ones. The gourmet kitchen is a chef’s masterpiece, boasting granite countertops, a stone-accented kitchen island, custom cabinetry, and top-of-the-line stainless steel appliances. A spacious laundry room adds practicality to this exquisite design. The home features two luxurious master suites, each a private haven with its own fireplace and spa-inspired bathroom. Indulge in the jetted spa tubs, complete with double vanities and sinks, while soaking in mesmerizing lake views. Four additional bedrooms, including two finished in the crawl space, provide ample space for family, guests, or a home office, ensuring comfort and versatility. Step outside to the second-floor wrap-around balcony, where you can savor morning coffee or tea while admiring the majestic Big Bear Lake and pine-dotted mountains. The expansive rear deck, complete with a barbecue area, offers a perfect setting for entertaining against a backdrop of towering pines and neighboring estates. The large third-of-an-acre lot includes a leveled section on Glenwood, ready for permits to build a 1,000-square-foot ADU, with plans already drawn for added convenience. This smart home is equipped with modern amenities, including an intercom system, remote-access Wi-Fi, and security cameras for peace of mind. Two direct-access garages, with driveways on both Glenwood and Starlight, feature remote and keypad entry, offering ample space for an RV or boat. Designer-decorated with high-end furnishings, which may be negotiated, this home is move-in ready. Located just a short drive from the renowned Snow Summit Ski Resort and scenic hiking trails.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 13,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Big Bear Elementary School
Grades K-6 • 2.3 mi
Big Bear Middle School
Grades 7-8 • 1.9 mi
Big Bear High School
Grades 9-12 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 4.0 | 2.0 | 80% |
| Square foot | 2,839 | 1,733 | 86% |
| Lot Size | 13,000 | 8,182 | 75% |
| Price | $1.59M | $650.0K | 93% |
| Price per sq ft | $560 | $393 | 92% |
| Built year | 2004 | 1977 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 573 | 215 | 99% |
Pricing History
Listed for Sale
Aug 24, 2025
$1,589,500
$1,689,500
-6% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$1,689,500
Initial Listing
Price Change
Aug 11, 2024
$1,890,000
Initial Listing