
Big Bear Lake, California 92315
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $509,000—positioned well below the $527,915 Fair Market Value by 3%. This valuation gap offers $18,915 in Instant Equity. Boasting an Excellent Condition Rating with extensive 2021 renovations, the home features a 6-person Hot Springs spa, soaring T&G ceilings, and a remodeled kitchen. Its central location near the lake and slopes ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40189 Mahanoy Lane Subject 3 bd · 2 ba · 1,200 sqft · $440 | $509,000* List Price | 3 | 2 | 1,200 | $440 | - |
A 468 Temple Sold 3 bd · 2 ba · 1,102 sqft · $483 · 0.2 mi | $531,900 | 3 | 2 | 1,102 | $483 | 0.2 mi |
B 40356 Cliff Lane Active Under Contract 2 bd · 2 ba · 1,271 sqft · $374 · 0.2 mi | $474,900 List Price | 2 | 2 | 1,271 | $374 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively renovated since 2021, meeting the <5y renovation criteria for Excellent. Major systems including the roof, furnace, water heater, and electrical were all updated within the last 3 years. The kitchen and bathrooms feature modern quartz countertops, updated cabinetry, and custom tiling, presenting in mint, move-in-ready condition.
Extensively renovated since 2021 with a new roof, furnace, water heater, and updated electrical, significantly reducing immediate maintenance concerns for the buyer.
The home features classic Big Bear charm with soaring tongue-and-groove ceilings, exposed beams, a wood-burning fireplace, and a premium 6-person Hot Springs spa.
Ideally situated minutes from the lake, Village shops, and ski slopes, providing excellent convenience and high potential for short-term rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,200 square feet for a three-bedroom layout, the living spaces may feel somewhat confined when hosting larger groups or families.
The property relies on portable A/C units rather than a built-in central cooling system, which may be less efficient during warmer summer months.
THIS IS WHY YOU COME TO BIG BEAR! There’s nothing like sitting on a spectacular deck amid the sights & sounds of nature, trees silhouetted against the evening sky—an irresistible invitation to gather with friends or family. The Great Room brings the kitchen, dining & living areas together, with a fantastic mix of industrial & textural details adding character. Soaring T&G ceilings, exposed beams, wood-style laminate flooring & the wood-burning fireplace create a wonderful focal point. A huge picture window brings natural light & the French sliding glass door affirms the connection to the outdoors. The remodeled kitchen pairs quartz countertops & updated cabinetry with a fantastic dining island & open dining area. From creating memorable meals to watching the Super Bowl, the open design brings everyone together. Luxury meets whimsy in the main-level bath with an artful vanity, striking mirror & expansive tiled shower. Dual access serves the main floor while giving the bdrm an ensuite experience. The bedroom offers a window seat & desk, while a huge picture window & French sliding door keep nature close. A second entry adds upstairs flexibility, where the built-in washer & dryer are central to the bdrms. Serenity is yours in the spacious primary suite, where the vaulted ceiling, wood floors & a remarkable picture window set the tone for relaxing & recharging. The ensuite bath has a luxurious spa tub. Extensively renovated, it features dual vanities with distinctive slatted towel storage, custom-tiled shower & thoughtful lighting that adds warmth & style. The upstairs bunk room was made for mountain sleepovers & staying up past bedtime. All 3 bdrms offer portable A/C. Some of the BEST mountain moments can happen here—soaking beneath star-filled skies or graced by falling snowflakes from the warmth of the 6-person Hot Springs spa. With seating & an outdoor dining table—a wonderful spot for conversation & dining al fresco. The gently sloping yard has room for outdoor fun, snow play, 4-legged friends & your own outdoor vision. Upgrades since 2021 include: new roof w/ ice-dam protection, furnace, water heater & stop-and-drain valve, exterior paint, sanded/stained decking, exterior lighting, ceiling fans, updated electrical & ducting, dedicated electrical & concrete slab for spa. The central location is minutes to the lake & marinas, Village shops & restaurants and slopes with Big Bear fun in every direction & good STR potential for those who can “Bear” to share!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,542.393 |
| Lot Size | 5,000 | 7,922.562 |
| Price | $509.0K | $617.0K |
| Price per sq ft | $424 | $383 |
| Built year | 1953 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 19 | 74 |
Oct 5, 2026
$509,000
Initial Listing
Jun 26, 2020
$398,000
Public Record
Dec 12, 2019
$255,000
Public Record