
Big Bear Lake, California 92315
This High-Potential Investment Opportunity is listed at a List Price of $429,800, positioned slightly above the $423,781 Fair Market Value. Featuring a Good Condition Rating with recent upgrades including a new roof and heating system, this Mixed-Use Asset offers significant flexibility for commercial or residential use. Its prime location on Big Bear Boulevard provides high visibility and lake views, making it a versatile choice for Buy-and-Hold Investors or Business Owners seeking a strategic, move-in-ready mountain property with year-round tourist traffic.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40577 Big Bear Subject | $429,800* List Price | 3 | 1 | 884 | $479 | - |
A 593 Lynn Sold | $459,000 | 3 | 1 | 884 | $519 | 0.1 mi |
B 41063 Pennsylvania Sold | $397,500 | 2 | 1 | 964 | $412 | 0.6 mi |
C 561 Waynoka Lane Sold | $450,000 | 3 | 2 | 1,050 | $429 | 0.5 mi |
D 40226 Guinan Active Under Contract | $379,900 List Price | 2 | 2 | 1,000 | $380 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1949, the property is rated 'Good' due to extensive recent renovations including a new roof, new heating system, new windows, and new flooring. The kitchen features updated stainless steel appliances, and while the cabinetry and wood paneling are dated, the major systems are modern and the home is move-in ready.
Ideally situated on Big Bear Boulevard with direct lake views and high visibility, this property offers exceptional potential for both residential living and diverse commercial ventures in a high-traffic tourist area.
The property has been extensively renovated with a new roof, new windows, new flooring, and a new heating system, providing a move-in-ready experience and reducing immediate maintenance costs.
The flexible mixed-use zoning allows for a wide range of uses, including short-term rentals, retail shops, or professional offices, making it a highly adaptable asset for investors.
The property is listed as a three-bedroom home while the title only reflects two, with the third bedroom added by a tenant, necessitating buyer due diligence regarding permits and legal compliance.
At only 884 square feet with a single bathroom, the interior living space is quite constrained, which may limit its appeal for larger families or certain commercial applications.
Don't miss this rare opportunity to own a beautifully renovated mixed-use property in one of Big Bear Lake's most desirable locations. Ideally situated on Big Bear Boulevard, just moments from The Village and directly across from Big Bear Lake, this versatile property offers exceptional potential for homeowners, investors, and business owners alike. Extensively updated, the property features new flooring, new windows, a new heating system, a new roof, and numerous modern improvements, making it truly move-in ready. Title reflects a 2-bedroom, 1-bath home. A third bedroom was added by the tenant; buyer to verify permits and all property information to their satisfaction. The mixed-use zoning creates endless possibilities, including residential living, a ski or snowboard rental shop, kayak or paddleboard rental business, boutique retail, professional office, café, or other commercial uses. Buyer to verify all permitted uses with the City of Big Bear Lake. With outstanding frontage on Big Bear Boulevard, excellent visibility, year-round tourist traffic, and a location directly across from the lake and just minutes from The Village, this property presents an exceptional opportunity to live, work, or invest in one of Southern California's premier mountain destinations. Live Here. Work Here. Invest Here. Properties with this combination of location, flexibility, and value rarely become available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,503.603 |
| Lot Size | 6,000 | 7,837.809 |
| Price | $429.8K | $634.9K |
| Price per sq ft | $486 | $399 |
| Built year | 1949 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 36 | 68 |
Aug 4, 2026
$429,800
Initial Listing
Dec 12, 2016
$187,500
Public Record
Aug 8, 2006
$275,000
Public Record