
Big Bear Lake, California 92315
This High-Potential Investment Opportunity is a Single Family Residence listed at $397,500, positioned well below the $413,729 Fair Market Value by 3%. This valuation gap offers $16,229 in Instant Equity. Featuring a Fair Condition Rating, the cabin includes a river rock fireplace and vaulted T&G ceilings. With a proven history as a short-term rental and a large lot, this property is ideal for Buy-and-Hold Investors or vacation home buyers seeking a turnkey mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41063 Pennsylvania Subject | $397,500* List Price | 2 | 1 | 964 | $429 | - |
A 644 Marin Sold | $500,000 | 2 | 3 | 1,029 | $486 | 0.2 mi |
B 41438 Oak Street Sold | $450,000 | 3 | 2 | 1,080 | $417 | 0.5 mi |
C 967 Knickerbocker Road Sold | $290,000 | 1 | 1 | 600 | $483 | 0.3 mi |
D 433 Conklin Active | $498,999 List Price | 2 | 1 | 948 | $526 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1963, the property features renovations that appear to be approximately 20 years old, including granite tile countertops and specific pine cabinetry styles. While the cabin is exceptionally well-maintained, move-in ready, and includes functional upgrades like dual-pane vinyl windows and forced air heating, the aesthetic is dated and falls within the 15-30 year renovation criteria for a Fair rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7260, living area = 964.
Ideally situated less than 1/3 mile from Big Bear Village and under a mile from the lake and marina, providing exceptional access to the area's premier dining, shopping, and recreation.
The cabin features highly desirable mountain character, including vaulted tongue-and-groove wood-beamed ceilings, a river rock fireplace, and pine accents that appeal to vacationers and second-home buyers.
The single-bathroom configuration may be a significant drawback for families or groups, potentially limiting the property's appeal compared to multi-bath alternatives in the same price point.
At just 964 square feet, the interior living space is relatively small, which may feel restrictive for full-time residency or larger social gatherings.
Charming and well-maintained mountain cabin ideally located less than 1/3 mile from Big Bear Village, under a mile to the lake and marina, near National Forest trails, and just a short drive to the ski slopes. This 2 bedroom, 1 bath retreat offers the perfect blend of mountain charm, comfort, and investment potential. Inside, enjoy vaulted T&G wood-beamed ceilings, a beautiful river rock fireplace, pine accents throughout, pine cabinetry, granite tile countertops, tile flooring, dual pane vinyl windows and sliders, updated lighting, and a beautifully tiled bath. Both bedrooms feature vaulted ceilings and sliding glass doors for added natural light and easy outdoor access. A spacious laundry/mudroom and forced air heating add year-round convenience. Outside, relax on the large stamped concrete patio with peek-a-boo lake views or entertain on the back deck surrounded by trees and forest setting. Ample parking includes a large rear parking pad plus additional front parking. Previously used as a successful short-term vacation rental, this property is ideal as a full-time home, vacation getaway, or investment opportunity in a prime Big Bear Lake location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 964 | 1,446 | 22% |
| Lot Size | 7,260 | 7,700 | 41% |
| Price | $397.5K | $575.0K | 17% |
| Price per sq ft | $412 | $396 | 55% |
| Built year | 1963 | 1976 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 212 | 1% |
May 9, 2026
$397,500
Initial Listing
May 5, 2021
$475,000
Public Record
Nov 20, 2003
$227,500
Public Record
Sep 19, 2001
$124,000
Public Record