
Big Bear Lake, California 92315
This Strong Value Opportunity is listed at a List Price of $499,999, positioned well below the $521,687 Fair Market Value by 4%. This valuation gap provides $21,688 in Instant Equity. Featuring a Mint Condition Rating following a high-end renovation, this cabin offers a modern kitchen and a spacious deck. Located near Big Bear Lake, it is a prime Buy-and-Hold Investor asset or a perfect retreat for Owner-Occupants seeking a turnkey mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38605 Big Bear Subject 2 bd · 2 ba · 1,020 sqft · $511 | $499,999* List Price | 2 | 2 | 1,020 | $511 | - |
A 793 Rayo Lane Sold 2 bd · 2 ba · 1,062 sqft · $477 · 0.2 mi | $507,000 | 2 | 2 | 1,062 | $477 | 0.2 mi |
B 39263 N Bay Active 2 bd · 1 ba · 1,094 sqft · $366 · 0.9 mi | $399,900 List Price | 2 | 1 | 1,094 | $366 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone a high-end recent renovation within the last 5 years. The kitchen is fully modernized with stainless steel appliances, new cabinetry, and contemporary finishes, and the overall interior and exterior appear in mint, move-in-ready condition.
The cabin features recent updates including a refreshed kitchen and classic mountain aesthetics like tongue-and-groove ceilings and a stone fireplace, offering a move-in-ready experience.
Ideally situated near Boulder Bay, hiking trails, and ski resorts, this property is perfectly positioned for outdoor enthusiasts and high-demand short-term rental potential.
The property boasts a spacious deck, a private primary balcony, and rare ample parking in both the front and rear, which is a significant advantage in mountain communities.
At 1,020 square feet, the interior living space is relatively small, which may feel restrictive for larger groups or those seeking a more expansive floor plan.
The mountain views are classified as 'peek-a-boo,' which may be a drawback for buyers specifically looking for wide-open, unobstructed alpine vistas.
Recently updated, this 2 bedroom, 2 bathroom Big Bear cabin combines classic mountain character with a refreshed, comfortable interior near Big Bear Lake. The inviting living space features a tongue-and-groove ceiling with exposed beams and a stone wood-burning fireplace, creating a warm setting after a day in the mountains. The updated kitchen offers ample cabinet space and a view of the surrounding area. Upstairs, both bedrooms provide comfortable living space, ceiling fans and closet storage, with the primary bedroom also featuring a private balcony. Outside, enjoy a spacious deck and ample parking in both the front and rear. Additional improvements include a covered front entry. Conveniently located near Big Bear Lake, Boulder Bay, Papoose Bay, hiking trails, skiing and other outdoor recreation. With winter approaching, imagine snowy days on the mountain followed by evenings around the wood-burning fireplace. In warmer months, enjoy hiking, boating and the mountain setting throughout the year.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,020 | 1,542.393 |
| Lot Size | 5,700 | 7,922.562 |
| Price | $500.0K | $617.0K |
| Price per sq ft | $490 | $383 |
| Built year | 1980 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 25 | 74 |
Sep 30, 2026
$499,999
Initial Listing
Dec 21, 2021
$515,000
Public Record
Apr 2, 2003
$183,000
Public Record
Jun 17, 1999
$107,000
Public Record