
Big Bear Lake, California 92315
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $370,000—positioned well below the $392,198 Fair Market Value by 5%. This valuation gap offers $22,198 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with 2025-2026 upgrades like a new electrical panel and stainless appliances, this home offers a low-maintenance lifestyle with mountain views and a covered deck. It is an ideal acquisition for second-home buyers or first-time buyers seeking a move-in-ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40137 Mahanoy Lane Subject | $370,000* List Price | 2 | 1 | 816 | $481 | - |
A 39975 Ohio Lane Active | $449,900 List Price | 2 | 2 | 888 | $507 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1984, the property qualifies as Excellent due to a comprehensive renovation completed between 2025 and 2026 (<5 years). Key updates include a new 200-amp electrical panel, brand-new stainless steel appliances, a tankless water heater, and fresh interior/exterior paint. The home features modern wood-style flooring and is in mint, move-in-ready condition with updated systems.
The property features significant 2025 and 2026 improvements, including a new 200-amp electrical panel, stainless steel appliances, fresh paint, and a tankless water heater, offering peace of mind and reduced immediate maintenance.
Vaulted tongue-and-groove ceilings and a cozy brick fireplace provide the quintessential mountain chalet charm that is highly sought after by vacationers and second-home buyers in Big Bear.
The home offers rare level parking and a single-story floor plan with minimal steps, making it exceptionally accessible for all ages and convenient during the snowy winter months.
At just 816 square feet with only one bathroom, the home may feel restrictive for larger families or groups, potentially limiting its capacity as a high-occupancy short-term rental.
The 2,500 square foot lot is relatively small for the area, offering limited privacy from neighbors and restricted space for significant outdoor expansions or large-scale entertaining.
Designed for comfort, convenience, and classic alpine appeal, this one-level home features level parking, just a few decorative steps to the expansive covered front deck, and a welcoming outdoor setting ideal for morning coffee, fresh mountain air, and relaxed four-season living. | Inside, vaulted tongue-and-groove ceilings bring warmth and character throughout the open-concept living space. The cozy corner brick fireplace creates a natural gathering spot, while the efficient floor plan makes smart use of the home’s square footage. The kitchen features bespoke wood counters designed to complement the rich wood ceilings, along with stainless steel appliances added in 2025. Adjacent dining space and an easy flow between the kitchen, living area, and outdoor spaces make the home feel inviting and functional. | Recent improvements add peace of mind, including an upgraded 200 amp electrical panel in 2025, new stainless kitchen appliances in 2025, backyard turf in 2025, and fresh interior and exterior paint in 2026. The home also includes central forced-air heating, a tankless water heater, durable wood-style flooring, and a dedicated laundry space. | Outdoors, enjoy an expansive covered front deck with a built-in table area, plus a fenced backyard with turf for low-maintenance mountain enjoyment. Whether used as a full-time residence, weekend retreat, or mountain getaway, this Big Bear Lake home offers the lifestyle buyers search for: one-level living, easy access, classic chalet-style architecture, outdoor space, and close proximity to the best of Big Bear. | Located near Big Bear Lake’s most loved attractions, including lake recreation, The Village, Snow Summit, Bear Mountain, Alpine Slide at Magic Mountain, local parks, dining, shopping, and forest trails, this home is ready for its next chapter in one of Southern California’s favorite mountain communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 816 | 1,446 | 13% |
| Lot Size | 2,500 | 7,700 | 3% |
| Price | $370.0K | $575.0K | 13% |
| Price per sq ft | $453 | $396 | 71% |
| Built year | 1984 | 1977 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 212 | 1% |
May 13, 2026
$370,000
Initial Listing
Oct 17, 2024
$320,000
Public Record
Nov 8, 2016
$170,000
Public Record
Oct 8, 2014
$135,000
Public Record
Dec 10, 1993
$75,000
Public Record