402 Holmes, Sugarloaf, California 92386, Sugarloaf, 92386 - 3 bed, 2 bath
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Sugarloaf, California 92386
This Turnkey Mountain Retreat is a High-Potential Investment Opportunity, listed at $360,000—positioned well below the $402,877 Fair Market Value by 10%. This valuation gap provides $42,877 in Instant Equity. Boasting an Excellent Condition Rating following a comprehensive 2021 renovation, the home features a quartz waterfall island, mini-split HVAC, and forested greenbelt views. Sold fully furnished within the Bear Valley Unified district near Big Bear High, it offers immediate rental-ready potential. This is an ideal acquisition for Vacation Rental Investors or Owner-Occupants seeking a polished, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Holmes Subject | $360,000* List Price | 3 | 2 | 1,210 | $333 | - |
A 713 Los Angeles Avenue Sold | $430,000 | 4 | 3 | 1,264 | $340 | 0.5 mi |
B 346 Leonard Sold | $410,000 | 2 | 2 | 1,080 | $380 | 0.1 mi |
C 316 Cedar Lane Sold | $315,000 | 2 | 1 | 932 | $338 | 0.2 mi |
D 887 Vista Avenue Sold | $375,000 | 3 | 2 | 1,384 | $271 | 0.6 mi |
E 277 Wabash Active | $399,000 List Price | 3 | 2 | 1,136 | $351 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1950, the property underwent an extensive renovation in 2021, placing it within the 5-year window for excellent condition. The renovation included major system overhauls (new roof, PEX plumbing, 200-amp electrical, and mini-split HVAC) and high-end interior finishes such as a quartz waterfall island, new cabinetry, vinyl plank flooring, and fully remodeled bathrooms with quartz slab walls.
The property underwent a comprehensive 2021 renovation including a new roof, PEX plumbing, 200-amp electrical, and double-pane windows, ensuring long-term structural reliability and peace of mind.
Sold fully furnished with high-end finishes like quartz waterfall countertops and vinyl plank flooring, this home is ready for immediate move-in or use as a vacation rental.
Featuring a new mini-split heat pump system and LED recessed lighting, the home offers modern climate control and energy savings uncommon in 1950s-era mountain cabins.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1210, other record living area = 816. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
With only 1.5 bathrooms serving three bedrooms, the layout may be less convenient for larger families or groups during peak usage times.
Local elementary and middle schools carry lower performance ratings (4 and 3 respectively), which could be a consideration for buyers prioritizing educational district rankings.
Welcome to 402 Holmes Lane in Sugarloaf, a beautifully remodeled 3-bedroom, 1.5-bath home offering approximately 1,200 sq ft of living space on a 5,000 sq ft lot. Renovated in 2021, this property showcases quality upgrades throughout with modern finishes and thoughtful design. Interior features include new vinyl plank flooring throughout, smooth-finished walls, 4-inch maple baseboards, custom door trim, and modern 5-panel interior doors. The spacious living area offers two wood-burning fireplaces and a mini-split heat pump system in the kitchen/living area for efficient heating and cooling. All new LED recessed lighting enhances the bright, contemporary feel. The fully updated kitchen features quartz countertops with a waterfall island, new cabinetry with soft-close hinges, and included appliances. Washer and dryer are also included in the sale. The bathroom has been completely remodeled with quartz slab walls, new tub, new vanity, and new toilets. Major system upgrades include new PEX plumbing and sewer lines, new electrical wiring throughout with a 200-amp panel, new double-pane windows and sliding glass door, new glass entry door, new 6-inch fascia, and a new asphalt shingle roof. Exterior improvements include fresh white paint with black trim, low-voltage deck lighting, new deck railing with oak posts and stainless steel rods, and mature fruit trees including apple, plum, and fig. Property is being sold furnished, offering a true turnkey opportunity.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 4.2 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,210 | 938 | 76% |
| Lot Size | 5,000 | 4,999 | 50% |
| Price | $360.0K | $302.0K | 74% |
| Price per sq ft | $298 | $334 | 38% |
| Built year | 1950 | 1977 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 207 | 16% |
Mar 9, 2026
$360,000
Initial Listing
Jun 29, 2018
$175,000
Public Record
May 31, 2013
$100,000
Public Record