40193 Dream Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 1 bed, 1 bath
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Big Bear Lake, California 92315
This Vintage Mountain Cabin represents a strategic Value-Add Asset with a List Price of $299,900. Situated on a generous 4,000 sq ft lot within the Bear Valley Unified district, the property carries a Condition Rating of 5, signaling a need for comprehensive modernization of its 1944 infrastructure. Although the list price exceeds the $254,516 Fair Market Value, the prime location near Big Bear Village provides a rare entry-level opportunity for forced appreciation. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40193 Dream Street Subject | $249,900* List Price | 1 | 1 | 560 | $454 | - |
A 40225 Dream Street Sold | $360,000 | 2 | 1 | 660 | $545 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944 and explicitly marketed as a fixer-upper, this property requires substantial rehabilitation. While the interior is staged to look cozy, the kitchen features a vintage 1940s-style stove and dated tile countertops, the bathroom is outdated, and the listing analysis confirms aging infrastructure and the need for significant capital investment to modernize major systems.
The property is ideally situated near Big Bear Lake, the Village, and local restaurants, providing convenient access to shopping, dining, and year-round mountain recreation.
As a vintage fixer-upper, this cabin presents a significant value-add opportunity for investors or buyers looking to build equity through restoration and customization.
Built in 1944, the home features classic cabin character and a cozy, inviting atmosphere that is highly sought after in the Big Bear vacation rental market.
The property is marketed as a fixer-upper, implying that substantial capital investment and labor will be necessary to address deferred maintenance and modernization.
With only 560 square feet and a single bedroom, the compact layout may limit the property's appeal to larger families or those seeking more functional interior space.
Due to its 1944 construction, the home may require costly updates to major systems such as electrical, plumbing, and insulation to meet current building codes and efficiency standards.
Vintage mountain cabin offering 1 bedroom and 1 bathroom, situated on a 4,000 sq ft lot. The home features classic cabin character and presents an excellent fixer-upper opportunity for buyers looking to restore or customize a mountain retreat. The layout offers a comfortable living space with natural light and a cozy, inviting feel. Conveniently located in close proximity to the lake, the Village, and local restaurants, providing easy access to shopping, dining, and year-round recreation while still enjoying a mountain setting. Ideal for a primary residence, second home, or renovation project.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 6% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 560 | 1,408 | 5% |
| Lot Size | 4,000 | 7,635 | 11% |
| Price | $249.9K | $571.5K | 3% |
| Price per sq ft | $446 | $392 | 71% |
| Built year | 1944 | 1976 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 214 | 25% |
May 16, 2026
$249,900
$274,900
-9% Price Drop
Initial Listing
Mar 17, 2026
$274,900
$299,900
-8% Price Drop
Initial Listing
Feb 11, 2026
$299,900
Initial Listing