39965 Hillcrest, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 2 bath
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Big Bear Lake, California 92315
This Updated Vintage Mountain Home is a Strong Value Opportunity, listed at $659,000—positioned below the $670,804 Fair Market Value by 1%. This valuation gap offers $11,804 in Instant Equity for buyers. Maintaining a Good Condition Rating, the 1938 cabin features a Modernized Kitchen, Mountain Views, and a Brand New Hot Tub on a 9,000 sq ft lot. Located in the Bear Valley Unified district near the Village, it balances lifestyle appeal with high rental potential. This is an ideal acquisition for Vacation Home Buyers or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39965 Hillcrest Subject | $629,900* List Price | 4 | 2 | 1,853 | $341 | - |
A 430 Piney Sold | $575,000 | 3 | 3 | 1,746 | $329 | 0.4 mi |
B 39309 Peak Lane Sold | $570,000 | 4 | 3 | 1,601 | $356 | 0.8 mi |
C 39969 Forest Road Sold | $545,000 | 3 | 2 | 1,940 | $281 | 0.4 mi |
D 40283 Lakeview Drive Sold | $612,500 | 3 | 2 | 1,616 | $379 | 0.5 mi |
E 40264 Bonita Active | $685,000 List Price | 3 | 3 | 1,820 | $376 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1938 mountain home is in move-in ready condition following significant renovations. The interior features an open floor plan with updated wood-look flooring, recessed lighting, and a modernized kitchen equipped with stainless steel appliances, stone countertops, and a contemporary range hood. Bathrooms have been updated with modern tile work and vanities. While the property maintains its vintage character, the major systems and finishes appear well-maintained. The presence of portable AC units and some standard-grade carpeting in bedrooms prevents an 'excellent' rating, but the overall quality and recent additions like the brand-new hot tub firmly place it in the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1853.
Situated just steps from Big Bear Lake and only one mile from the Village, this property offers exceptional proximity to the area's premier recreational and social hubs.
The large 9,000 sq ft fully fenced lot is a private oasis featuring a brand new hot tub, exterior wet bar, horseshoe pit, and dual fire pits, ideal for entertaining.
Built in 1938, the property's older infrastructure may necessitate more frequent maintenance or updates to aging systems compared to newer mountain constructions.
With four bedrooms but only two bathrooms, the layout may present functional challenges for large groups or high-occupancy vacation rental scenarios.
Nestled in the heart of Big Bear this beautifully updated 4 bedroom 2 bath mountain home blends vintage cabin character with modern comforts. Just steps from the lake and only one mile to the village! Inside the open floor plan features two spacious living areas ideal for entertaining or just relaxing by the fire. Step outside to your private 9000 sq ft lot, fully fenced for ultimate seclusion. Enjoy two separate outdoor gathering spaces, each with their own fire pit, plus an exterior wet bar, horse shoe pit, and brand new hot tub. The classic touches throughout give this home its warm, nostalgic soul while everything feels fresh and move in ready. Whether you're looking for a personal mountain escape, or a smart investment in one of Southern California's most desirable destinations, this home checks every box.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,853 | 1,488 | 61% |
| Lot Size | 9,000 | 8,000 | 56% |
| Price | $629.9K | $590.0K | 54% |
| Price per sq ft | $340 | $396 | 22% |
| Built year | 1938 | 1975 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 213 | 1% |
Apr 2, 2026
$629,900
$659,000
-4% Price Drop
Initial Listing
Mar 21, 2026
$659,000
Initial Listing
Oct 21, 2021
$625,000
Public Record
Dec 27, 2017
$375,000
Public Record
Dec 4, 2014
$70,000
Public Record