
Big Bear Lake, California 92315
This Spacious Mountain Residence represents a High-Potential Investment Opportunity, listed at $799,900—positioned well below the $822,771 Fair Market Value by 2%. This valuation gap provides $22,871 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Trex Deck, and Hot Tub. While local school ratings are modest, the property’s proven track record as a short-term rental makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Sunrise Subject 3 bd · 3 ba · 2,029 sqft · $387 | $774,900* List Price | 3 | 3 | 2,029 | $387 | - |
A 166 N Teakwood Drive Sold 3 bd · 3 ba · 2,200 sqft · $386 · 0.4 mi | $850,000 | 3 | 3 | 2,200 | $386 | 0.4 mi |
B 154 Lodgepole Place Sold 4 bd · 3 ba · 2,068 sqft · $440 · 0.6 mi | $910,000 | 4 | 3 | 2,068 | $440 | 0.6 mi |
C 376 Crystal Lake Sold 3 bd · 2 ba · 1,440 sqft · $434 · 0.9 mi | $625,000 | 3 | 2 | 1,440 | $434 | 0.9 mi |
D 150 Lodgepole Sold 3 bd · 2 ba · 1,602 sqft · $427 · 0.6 mi | $684,000 | 3 | 2 | 1,602 | $427 | 0.6 mi |
E 340 Stoney Creek Active 3 bd · 2 ba · 1,904 sqft · $420 · 0.1 mi | $799,900 List Price | 3 | 2 | 1,904 | $420 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, this property is well-maintained and move-in ready with significant recent upgrades. Key improvements include new A/C, a new water heater, hardwood flooring in the living area, and a high-end Trex deck. While some kitchen cabinetry and bathroom tile appear original to the 20-year-old build, the addition of granite countertops, stainless appliances, and modern lighting fixtures keeps the home functional and updated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12000, living area = 2029.
The property features significant recent improvements including a newly installed A/C system, hardwood flooring, and a premium Trex deck equipped with a natural gas-connected hot tub and fire pit.
Situated in the prestigious Castle Glen Estates, the home offers a desirable open floor plan with vaulted tongue-and-groove ceilings and two en-suite bedrooms, ideal for a high-performing short-term rental.
The local elementary and middle schools carry low performance ratings of 2 and 3 respectively, which may detract from the property's appeal to full-time residents with school-aged children.
The current list price of $799,900 represents a notable decrease from its previous sale price of $855,000 in 2024, indicating potential volatility in the local sub-market.
Set in desirable Castle Glen Estates, this spacious Big Bear home combines classic mountain character with recent upgrades and excellent indoor-outdoor living. ~As you step into the home you will instantly love the open floor plan with a vaulted Tongue & Groove ceiling, floor to ceiling rock fireplace, kitchen with its large breakfast bar, granite counter tops, and lots of windows that flood the home with natural light~3 bedrooms and 3 full bathrooms, two bedrooms have their own bathrooms~The master bedroom has large sliding glass doors giving you views of the mountains and access to the huge front deck~The master bathroom gives you wood grain tile floors, a large separate jacuzzi tub, stand alone shower and large walk-in closet~The second en suite bedroom is currently being used as the bunkbed room~Since purchasing the home the owners have completed substantial upgrades to enhance the mountain experience~They've installed A/C for those warmer summer days, added an expansive Trex deck to the backyard with a hot tub, fire pit and BBQ grill that are both connected to natural gas (no propane) and a new water heater~They also removed the carpet from the living room and replaced it with hardwood flooring, put in a new dishwasher, upgraded the shower doors with more modern glass doors and updated lighting fixtures~Imagine your mornings on the front porch gazing out at your views of the mountains, breathing the clean mountain air and listening to the sounds of nature all around you greeting a new day~After an adventure filled day you get to spend your evening unwinding in the hot tub while the food sizzles on the BBQ and your loved ones hang out around the fire~You get a 2 car garage and lots of additional parking space ~Whether you are looking for a base for outdoor adventure, a second home where you can escape the stressors of city life or your new full-time home, this Castle Glen property has been a successful short term rental property for the owners.
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,029 | 1,542.393 |
| Lot Size | 12,000 | 7,922.562 |
| Price | $774.9K | $617.0K |
| Price per sq ft | $382 | $383 |
| Built year | 2001 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 45 | 74 |
Oct 23, 2026
$774,900
$799,900
-3% Price Drop
Initial Listing
Sep 10, 2026
$799,900
Initial Listing
Jul 26, 2024
$855,000
Public Record
Aug 13, 2020
$625,000
Public Record
Dec 22, 2016
$465,000
Public Record
Dec 7, 2011
$385,000
Public Record
Apr 13, 2005
$585,000
Public Record
Jan 24, 2003
$500,000
Public Record
Mar 4, 2002
$359,000
Public Record