390 Canvasback Rd, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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390 Canvasback Rd
Big Bear Lake, California 92315
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,710Sq Ft
4,896Lot Size
Property Price
LIST PRICE$499,999
EST. MARKET VALUE
$563,066
11% BelowMARKET VALUE
SUMMARY
This Modern Mountain Retreat is a High-Potential Investment Opportunity, listed at $499,999—positioned well below the $517,419 Fair Market Value by 3%. This valuation gap offers $17,420 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen and an inviting Deck with scenic Mountain and Tree Views. Its proximity to major ski resorts and the Village ensures strong rental demand. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey mountain lifestyle.
Estimated Market Value
$563,066+$63,067 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 390 Canvasback Rd Subject | $499,999* List Price | 3 | 2 | 1,710 | $329 | - |
A 560 Lakewood Lane Sold | $435,000 | 2 | 2 | 1,152 | $378 | 0.5 mi |
B 567 Highland Road Active | $449,900 List Price | 4 | 2 | 1,448 | $311 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2014, the property is approximately 12 years old, placing it in the 'Good' category. The kitchen and baths feature modern finishes like granite countertops, stainless steel appliances, and a clawfoot tub. The home appears well-maintained, functional, and move-in ready without the need for immediate updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Finishes
Built in 2014, this home is significantly newer than the average Big Bear cabin, featuring modern building standards, an open-concept floor plan, and high-quality finishes like granite countertops and stainless steel appliances.
- Prime Resort Location
The property is ideally situated minutes from Snow Summit, Bear Mountain, the Village, and the lake, providing exceptional convenience for year-round recreation and high desirability for short-term rental potential.
- Exceptional Value Proposition
Listed at $499,999, the property is priced significantly below its most recent sale price of $599,000, offering a rare opportunity for immediate equity and a competitive entry point into the Big Bear Lake market.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of 4,896 square feet, the outdoor space is relatively limited compared to other mountain retreats, which may impact privacy and restrict future exterior expansions.
- Market Volatility Indicators
The substantial $100,000 price drop from the previous 2024 sale price may suggest a rapid local market correction or potential challenges with recent appraisal valuations in the immediate area.
About 390 Canvasback Rd
Welcome to this beautifully maintained mountain retreat in the heart of Big Bear Lake. Built in 2014, this charming 3-bedroom, 2-bath home offers 1,710 square feet of comfortable living space with an open-concept floor plan, abundant natural light, and quality finishes throughout. The spacious living room features a cozy fireplace, while the well-appointed kitchen includes granite countertops, stainless steel appliances, ample cabinetry, and a large island perfect for entertaining. The primary suite offers a relaxing escape with a clawfoot soaking tub and separate shower. Enjoy outdoor living from the inviting deck surrounded by mature pines. Conveniently located just minutes from Big Bear Lake, the Village, Snow Summit, Bear Mountain, marinas, hiking trails, restaurants, and shopping, this property is ideal as a full-time residence, vacation home, or investment opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 4,896 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,710 | 1,503.603 |
| Lot Size | 4,896 | 7,837.809 |
| Price | $500.0K | $634.9K |
| Price per sq ft | $292 | $399 |
| Built year | 2014 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 41 | 68 |
Pricing History
Listed for Sale
Jul 30, 2026
$499,999
Initial Listing
Sold
Aug 16, 2024
$599,000
Public Record
Sold
Feb 12, 2014
$60,000
Public Record
Sold
Feb 13, 2009
$190,000
Public Record