40153 Lakeview Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 4 bath
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40153 Lakeview Drive
Big Bear Lake, California 92315
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,375Sq Ft
14,130Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$932,395
3% BelowMARKET VALUE
SUMMARY
This Turnkey Mountain Retreat is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $932,396 Fair Market Value by 3%. This valuation gap offers $33,396 in Instant Equity for the buyer. Featuring a Turnkey Condition Rating, the home blends historic 1938 charm with modern upgrades, including a remodeled kitchen, three updated baths, and a 50-year fire-resistant roof. With its prime lakeview location and expansion potential for an ADU, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a premium mountain getaway.
Estimated Market Value
$932,395+$33,395 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40153 Lakeview Drive Subject | $899,000* List Price | 4 | 4 | 2,375 | $393 | - |
A 650 Lintner Sold | $949,000 | 3 | 2 | 1,933 | $491 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1938/1962, the property is in turnkey condition featuring a beautifully updated kitchen and three fully remodeled bathrooms with modern tiling and fixtures. Significant capital improvements include a 50-year fire-resistant roof, updated windows, and fresh paint, meeting the criteria for a high-quality recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lakeview Location
Situated on a large corner lot directly across from the lake, the property offers stunning water views and immediate access to lake activities, significantly enhancing its desirability.
- Historic Charm with Modern Updates
This 1938 lodge-style retreat perfectly blends preserved historic character, such as 1800s French stained glass, with essential modern upgrades including a remodeled kitchen and a 50-year fire-resistant roof.
- Significant Expansion Potential
The expansive 14,130 sqft lot provides rare flexibility for a mountain property, offering ample space to add an ADU or an additional garage to increase property value.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Despite extensive remodeling, the home's 1930s origins may present inherent maintenance challenges or less efficient insulation compared to modern mountain builds.
- High Maintenance Grounds
The large lot and outdoor amenities like the volleyball court require significant ongoing upkeep and seasonal snow management, which may increase the cost of ownership.
About 40153 Lakeview Drive
**Classic 1938 lodge-style lakeview retreat, beautifully set among towering pines on a large corner lot directly across from the lake and close to lake access. A grand 48-inch entry door opens to a spacious living room with soaring ceilings, exposed beams, a large fireplace, and a stunning stained-glass window from an 1800s French château. The generous layout offers plenty of room for a dining area. Featuring 4 bedrooms, 3 remodeled bathrooms, a den, two decks, and a beautifully updated kitchen, this home blends preserved historic character with modern comfort. The primary suite includes its own fireplace, private bath and also opens onto it's own private deck with beautiful lake views. Additional upstairs dormitory-style bedroom offers two sets of bunk beds and a double bed. Additional highlights include exquisite original moldings, a Murphy bedroom with custom built-ins, updated windows, fresh paint, a 50-year fire-resistant roof, a game room/garage, and a volleyball court. The expansive grounds may offer plenty of room to add an additional garage and/or ADU. Turnkey and ready for use as a full-time residence, mountain getaway, or vacation rental. Conveniently close to everything Big Bear has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 14,130 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,375 | 1,503.603 |
| Lot Size | 14,130 | 7,837.809 |
| Price | $899.0K | $634.9K |
| Price per sq ft | $379 | $399 |
| Built year | 1962 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 2 | 68 |
Pricing History
Listed for Sale
Sep 7, 2026
$899,000
Initial Listing
Sold
Jun 9, 2017
$615,000
Public Record
Sold
Jun 23, 2011
$525,000
Public Record
Sold
Jul 19, 2002
$570,000
Public Record