40224 Mahanoy, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

40224 Mahanoy, Big Bear Lake, California 92315 home-pic-0

40224 Mahanoy

Big Bear Lake, California 92315

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,398Sq Ft
4,000Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$600,989

SUMMARY

Estimated Market Value

$600,989
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
40224 Mahanoy
Subject
$599,000*
List Price
321,398$430-
A
40263 Dream Street
Sold
$600,000321,352$4440.1 mi
B
40221 Esterly Lane
Sold
$551,000331,316$4190.1 mi
C
558 Badger Lane
Active
$599,900
List Price
321,387$4330.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1946, the property underwent a substantial renovation and addition in 2020, tripling its size and meeting the criteria for an extensive renovation within the last 5 years. The interior features modern upgrades including vaulted T&G wood ceilings, an open-concept kitchen, dual-pane windows, and updated flooring. The exterior is well-maintained with a newer deck and spa, and the property is currently operating as a turnkey, high-performing vacation rental with no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Recent Modern Expansion

    A substantial 2020 addition tripled the home's original footprint, introducing modern amenities like vaulted T&G wood ceilings and dual-pane windows while preserving its rustic mountain charm.

  • Turnkey Investment Potential

    Currently operating as a high-performing vacation rental with a strong booking history, this property offers immediate income potential in a prime central location near ski resorts and the lake.

  • Enhanced Outdoor Living

    The property features a newly expanded back deck and a private spa, providing a premium outdoor sanctuary that is highly sought after for mountain getaways and entertaining.

CONSRISKS & DEFICIENCIES

  • Limited Lot Size

    At 4,000 square feet, the lot is relatively small for the area, which may limit yard space and privacy compared to other mountain properties.

  • Vintage Core Structure

    While significantly updated, the original structure dates back to 1946, which could present long-term maintenance challenges or structural inconsistencies between the old and new sections.

About 40224 Mahanoy

Welcome to this dreamy Big Bear Lake mountain retreat - where rustic charm meets modern comfort in an unbeatable central location just minutes from the lake, marinas, shopping, dining, ski resorts, and scenic hiking trails. Expanded through a substantial 2020 addition, this beautifully updated single-level home was thoughtfully reimagined to nearly triple its original footprint. Walk inside and you're greeted by soaring T&G wood vaulted ceilings over an expansive, open-concept great room complete with a living room with a cozy wood stove fireplace, full-size dining area, laundry closet and fully-stocked kitchen, making it ideal for entertaining. Dual-pane windows throughout fill the space with natural light. This home features 3 generously sized bedrooms consisting of a primary suite, a fully-stocked kids room with bunk beds, and another large bedroom on the other end of the home, offering both privacy and comfort. Step outside to a newly expanded back deck, perfect for gatherings, and relax in the private spa just off the deck—your personal mountain sanctuary. Currently operating as a high-performing vacation rental, booked most weekdays and every weekend, this home is ready for its next chapter—whether you're looking for a profitable investment or the perfect Big Bear getaway for you and your family. Don't miss this spectacular opportunity!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1946
Lot Size
4,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3981,716
39%
Lot Size4,0008,167
8%
Price$599.0K$647.0K
45%
Price per sq ft$428$393
65%
Built year19461977
8%
HOA$0$0
50%
Days on market25215
1%

Pricing History

Listed for Sale

Feb 10, 2026

$599,000

Initial Listing

Sold

Jul 2, 2020

$365,000

Public Record

Sold

Mar 2, 2015

$59,000

Public Record

Sold

Dec 30, 2013

$36,500

Public Record

Sold

Jun 24, 2011

$89,000

Public Record

Sold

Apr 9, 2009

$100,000

Public Record

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