
Big Bear Lake, California 92315
This Lakeview Mountain Retreat is a High-Potential Investment Opportunity, listed at $1,395,000—positioned well below the $1,571,421 Fair Market Value by 11%. This valuation gap offers $176,421 in Instant Equity. Featuring a Good Condition Rating, the home includes a private boat slip, panoramic lake views, and an unfinished build-up area for expansion. This property balances lifestyle luxury with significant upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38595 Talbot Drive Subject | $1,395,000* List Price | 4 | 3 | 2,677 | $587 | - |
A 38916 Willow Landing Sold | $1,295,000 | 4 | 4 | 2,049 | $632 | 0.5 mi |
B 752 Cove Drive Active | $1,249,900 List Price | 4 | 3 | 2,350 | $532 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986 (38 years old), the property has undergone significant interior updates that place it in the 'Good' category. The photos show modern wide-plank flooring, updated kitchen surfaces with a contemporary Frigidaire gas cooktop, and well-maintained log walls and beams. While the structure is older, the interior finishes and 'well-appointed' description indicate a renovation within the 5-15 year range, making it move-in ready.
The property includes a dedicated boat slip and is located just steps from the shore, offering rare and highly desirable direct access to Big Bear Lake.
This genuine log cabin features large accordion windows and expansive decking that maximize panoramic lake and mountain views while creating a seamless indoor-outdoor flow.
An unfinished build-up area provides a significant opportunity for buyers to increase the living space and add immediate equity to the home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2677, other record living area = 2497. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The $1,100 association fee represents a significant recurring expense that increases the overall carrying cost of the property.
As a log-style residence built in 1986, the property requires specialized and potentially costly ongoing maintenance to protect the wood from mountain elements.
Welcome to your lakeview mountain retreat, just steps away from the shore of Big Bear Lake where your very own boat slip awaits you! Located on Big Bear's favorite wind-protected, deep-water cove, Papoose Bay, you'll have easy access to what many consider the best location on all of Big Bear Lake. And nestled amidst the serene beauty of towering trees and shimmering waters below, you'll notice the inviting warmth of this four-bedroom, three-bathroom haven. Inside there is a cozy living area boasting exposed wooden beams where a fireplace beckons you to unwind in its cozy embrace. Large accordion windows frame breathtaking panoramic views of the tranquil lake, inviting the outdoors in and infusing every corner with a sense of serenity. Prepare delicious meals in the well-appointed kitchen, featuring ample storage, and a convenient breakfast bar for casual dining. Adjacent, the dining area offers a welcoming space for gatherings, where stories are shared and memories are made over hearty meals. Retreat to the comfort of the generously sized bedrooms, each offering a peaceful sanctuary to rest and rejuvenate. The primary suite is a true oasis, complete with a luxurious en-suite bathroom, its own fireplace and private access to the expansive deck, where you can savor morning coffee or evening cocktails while soaking in the breathtaking views. There's even a bunk room for the kids, or just kids at heart! Unfinished build up with plenty of opportunity to expand! Outside, explore the lush surroundings on the street to street lot, or relax in the spa under the stars. In addition to your very own boat dock, there is access to private tennis and basketball courts, as well as a clubhouse overlooking the lake. Whether you're seeking a tranquil retreat from the hustle and bustle of city life, or a year-round residence infused with the beauty of nature, this genuine log cabin is sure to captivate your heart and soul.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,677 | 1,503.603 |
| Lot Size | 7,940 | 7,837.809 |
| Price | $1.40M | $634.9K |
| Price per sq ft | $521 | $399 |
| Built year | 1986 | 1981 |
| HOA | $1100.0 | $2.9K |
| Days on market | 14 | 68 |
Aug 26, 2026
$1,395,000
Initial Listing
Jul 24, 2024
$1,210,000
Public Record