
Fawnskin, California 92333
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $382,428 Fair Market Value by -4%. While the home carries a Fair Condition Rating due to its 1957 vintage systems, the 4-bedroom, 3-bath layout and ADU potential provide significant value-add opportunities. Located near Big Bear Lake, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat with the flexibility to renovate and increase long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39148 Rim Of The World Drive Subject | $399,000* List Price | 4 | 3 | 1,509 | $253 | - |
A 39222 Arapahoe Road Active | $449,990 List Price | 4 | 2 | 1,542 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the home is significantly dated with a vintage kitchen and older wall-unit heating. While the listing mentions newer carpet and one remodeled bathroom, the overall aesthetic, exterior wood wear, and original systems suggest the property is over 20 years old without a full-scale renovation, requiring various cosmetic and functional updates.
Ideally situated within walking distance to Big Bear Lake and the National Forest, offering unparalleled access to hiking, skiing, and year-round mountain activities.
The 4-bedroom, 3-bathroom configuration combined with ADU potential provides excellent flexibility for use as a high-capacity vacation rental, investment property, or multi-generational primary residence.
Features key updates including a remodeled bathroom, newer carpeting, and a brand-new washing machine, reducing immediate move-in costs for the new owner.
The property only offers a carport, which may be a significant drawback for buyers seeking protected vehicle storage or gear security in a high-snowfall mountain environment.
With a lot size of approximately 3,536 square feet, the exterior space is relatively limited, which may restrict privacy and outdoor expansion compared to larger neighboring parcels.
4-bedroom, 3-bath home located on a corner lot in Fawnskin. Features include a spacious living room with a full-wall rock fireplace and efficient wood-burning stove, open floor plan, and kitchen with ample counter space. Recent updates include newer carpet, a remodeled bathroom, and a brand-new washing machine. The property offers a carport, fenced backyard, and a functional layout with potential for a variety of living arrangements. Conveniently located within walking distance to Big Bear Lake and the National Forest, and just minutes from the Village, ski resorts, hiking trails, and other year-round recreational amenities. A great opportunity for a primary residence, second home, orinvestment property in a desirable mountain community. With ADU potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.5 | 75% |
| Baths | 3.0 | 2.0 | 92% |
| Square foot | 1,509 | 1,058 | 67% |
| Lot Size | 3,536 | 10,369.5 | 8% |
| Price | $399.0K | $402.0K | 50% |
| Price per sq ft | $264 | $351 | 33% |
| Built year | 1957 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 207 | 8% |
May 27, 2026
$399,000
Initial Listing
May 24, 2010
$210,000
Public Record
Jun 7, 2002
$125,000
Public Record