
Big Bear Lake, California 92315
This Spacious Mountain Condominium represents a High-Potential Investment Opportunity, listed at $525,000—positioned well above the $446,526 Fair Market Value by -17%. While the property requires aesthetic updates given its Fair Condition Rating, it offers a prime lakeview location and a generous 1,574 sqft layout. The high HOA fee necessitates careful cash-flow analysis for rental strategies. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a premier Big Bear resort market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39802 Lakeview Drive 17 Subject | $525,000* List Price | 2 | 3 | 1,574 | $284 | - |
A 737 Cienega D Active | $429,900 List Price | 3 | 2 | 1,374 | $313 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property is well-maintained and functional but remains largely dated. While there are surface improvements like newer countertops and flooring, the kitchen and bathroom cabinetry appear original or over 20 years old. It is move-in ready but requires aesthetic updates to the primary systems and fixtures to meet modern standards.
The property boasts a 'front-row seat' to Big Bear Lake, offering exceptional views and convenient proximity to the Village, marinas, and local ski resorts.
With 1,574 square feet of living space, this condo is notably larger than many typical 2-bedroom mountain properties, providing a comfortable environment for full-time living or hosting guests.
Its desirable location and layout make it an ideal candidate for a vacation rental, a weekend retreat, or a permanent mountain residence in a high-demand resort market.
The monthly association fee of $712 is relatively high, which increases the total carrying cost and may impact the overall return on investment for buyers.
Built in 1983, the unit may require modern upgrades or renovations to align with contemporary aesthetic preferences and ensure long-term structural efficiency.
Tucked in the mountains with a front-row seat to the lake, this beautifully positioned condo offers the perfect mix of relaxation, convenience, and Big Bear charm. Featuring 2 bedrooms and 2 bathrooms, the layout is warm and inviting with natural light, cozy living spaces, and easy access to everything the mountain lifestyle has to offer. Whether you're looking for a weekend escape, full-time mountain living, or an investment opportunity, this property checks the boxes. Enjoy peaceful mornings with lake views, quick access to the Village, marinas, ski resorts, hiking trails, and all-season adventure right outside your door. Opportunities like this in such a prime lakeview location don’t come around often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,574 | 1,095 | 86% |
| Lot Size | 680 | 690 | 43% |
| Price | $525.0K | $445.0K | 71% |
| Price per sq ft | $334 | $351 | 29% |
| Built year | 1983 | 1980 | 57% |
| HOA | $712.0 | $380 | 71% |
| Days on market | 10 | 328 | 14% |
May 27, 2026
$525,000
Initial Listing
Jul 6, 2020
$317,000
Public Record
Apr 6, 2015
$298,000
Public Record
Dec 26, 2003
$263,000
Public Record
Jan 2, 1998
$148,000
Public Record