39263 N Bay, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath

39263 N Bay, Big Bear Lake, California 92315 home-pic-0

39263 N Bay

Big Bear Lake, California 92315

ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,094Sq Ft
7,600Lot Size

Property Price

LIST PRICE$424,900
EST. MARKET VALUE
$454,829
6% BelowMARKET VALUE

SUMMARY

Analysis of 39263 N Bay, Big Bear Lake, California 92315 reveals a Prime Investment Opportunity with a current list price of $424,900—significantly undercutting the $454,829 Fair Market Value by 6%. This valuation gap indicates a +$29,929 Instant Equity potential for buyers. 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

$454,829 +$29,929 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
39263 N Bay
Subject
$424,900*
List Price
211,094$416-
A
39246 Willow Landing
Sold
$399,900241,027$3890.1 mi
B
415 Piney Lane
Sold
$360,000221,266$2840.8 mi
C
39414 Ruby Lane
Sold
$400,00021900$4440.2 mi
D
39112 Starview
Active
$549,999
List Price
321,240$4440.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite its 1946 build date, the property is in good, move-in-ready condition due to significant capital improvements. Key updates include central air conditioning, dual-paned windows, a 220A electrical panel, and a newer Trek deck. The interior features well-maintained hardwood flooring, and the addition of a detached 3-car garage with Hardie siding and concrete floors provides modern utility rarely found in cabins of this vintage.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7600, living area = 1094.

  • Extensive Modern Upgrades

    Rare for a 1946 mountain cabin, this property features significant capital improvements including central air conditioning, dual-paned windows, and a robust 220A electrical panel upgrade.

  • Superior Garage and Storage

    The oversized 3-car garage with Hardie siding, concrete floors, and an additional storage loft provides exceptional value and utility for mountain living and gear storage.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

  • Limited Bathroom Count

    With only one bathroom to serve two bedrooms and a large loft area, the property may face functional challenges when hosting larger groups or families.

  • External Laundry Configuration

    The current laundry setup requires using an external shed; while plumbed, the lack of indoor laundry facilities can be a significant inconvenience during heavy snow seasons.

About 39263 N Bay

This cute mountain Chalet is one you do not want to miss out on ~ The first thing you see as you pull up is your 3 car garage with Hardie siding and an additional storage area above it ~ As you walk through the gate you get your first look at your new cottage ~ You will be taken in by the peaceful park like setting ~ The yard has a gentle slope for sledding during the winter and there is a large concrete patio area for BBQing and entertaining in the summer ~ There is also a shed in the large patio area that has plumbing ran and could be converted into a laundry room ~ The front trek front deck is perfect for relaxing with your morning cup of coffee and letting the peace and quiet wash over you ~ Inside you will love the hardwood floors flowing throughout the main level ~ Imagine yourself cuddled up with your loved ones in the living room in front of your wood burning fireplace, enjoying quality time just listening to the fire crackle ~ The main level has the living room, kitchen, one bedroom and the bathroom ~ Upstairs you have your 2nd bedroom and a large loft that can be used for extra sleeping, a game room, or whatever you decide ~ Since owning this dream cabin the owners have made several improvements ~ Central air conditioning, dual paned windows throughout, replaced the water heater, concrete floors in the garage which were previously dirt, 220A power panel for the house and a 100A subpanel in the garage, rebuilt the walkway from the driveway to the house in 2020, fresh exterior paint and much, much more!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1946
Lot Size
7,600 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
25%
Baths1.02.0
20%
Square foot1,0941,716
25%
Lot Size7,6008,167
43%
Price$424.9K$647.0K
20%
Price per sq ft$388$392
46%
Built year19461977
8%
HOA$0$0
50%
Days on market9215
1%

Pricing History

Listed for Sale

Feb 26, 2026

$424,900

Initial Listing

Sold

Feb 12, 2010

$190,500

Public Record

Sold

Mar 24, 2006

$342,500

Public Record

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