41175 Terrapin, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath

41175 Terrapin, Big Bear Lake, California 92315 home-pic-0

41175 Terrapin

Big Bear Lake, California 92315

ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
2Baths
1,366Sq Ft
8,000Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$574,587
4% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$574,587
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
41175 Terrapin
Subject
$599,000*
List Price
221,366$421-
A
565 Golden West
Sold
$575,000421,432$4020.9 mi
B
783 Thrush Drive
Sold
$660,000311,252$5270.7 mi
C
41602 Mcwhinney Lane
Sold
$450,000331,260$3570.6 mi
D
657 Georgia Street
Sold
$585,000321,408$4150.3 mi
E
455 Crane Drive
Active Under Contract
$598,900
List Price
331,381$4340.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1970-built cabin has undergone significant and recent upgrades, including a new insulated roof, new furnace, updated flooring (modern laminate/LVP), and extensively renovated bathrooms featuring modern vanities, vessel sinks, and tiled showers. The kitchen boasts updated black and stainless steel appliances and a unique corrugated metal backsplash, though the cabinet style is more traditional. While not a brand-new build, the property is move-in ready with well-maintained systems and a cohesive, updated aesthetic that blends mountain charm with modern functionality. The absence of central AC is noted but common for the area and doesn't detract from the overall good condition of the property.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1366.

  • Prime Mountain Location

    Strategically located between Snow Summit Ski Resort and The Village, with immediate access to the National Forest, offering unparalleled convenience for year-round recreation and amenities.

  • Extensive Recent Upgrades

    Features numerous significant upgrades including a new insulated roof, skylights, fencing, expanded driveway, and furnace, ensuring a turn-key, well-maintained property.

CONSRISKS & DEFICIENCIES

  • Notable Price Discrepancy from Previous Sale

    The current listing price is significantly lower than its 2022 sale price, which may prompt buyer inquiry regarding market shifts or perceived value.

  • Absence of Central Air Conditioning

    As a 1970-built property, the description does not mention a cooling system, which could be a consideration for comfort during warmer summer months.

  • Single-Car Garage Limitation

    While offering secure parking, the attached one-car garage may be restrictive for buyers requiring additional vehicle storage or space for mountain recreational gear.

About 41175 Terrapin

Perfectly positioned between Snow Summit Ski Resort and the Village, and just moments from the National Forest, this exceptional single-story cabin offers the ideal blend of mountain charm, modern upgrades, and unbeatable location. Whether you’re seeking a full-time residence, weekend escape, or investment opportunity, this home delivers comfort and convenience in one of Big Bear’s most desirable settings. Inside, vaulted ceilings create an open and airy feel, enhancing the natural light and warmth throughout the living spaces. The thoughtfully designed layout includes two well-proportioned bedrooms and two bathrooms, offering both functionality and privacy. A dedicated laundry room adds everyday convenience, while the attached one-car garage provides secure parking and additional storage—an invaluable feature in the mountains. The expansive, fully fenced lot offers space to relax, entertain, or enjoy the outdoors, while the rear deck is perfectly suited for evening stargazing and quiet moments under Big Bear’s night sky. Over the years, the home has seen numerous upgrades that add both value and peace of mind, including a new insulated roof, new skylights, new fencing, an expanded driveway, and a new furnace, among many other thoughtful improvements. Surrounded by year-round recreation, close to skiing, hiking, dining, and shopping, this turn-key cabin captures the essence of elevated mountain living—combining location, upgrades, and timeless appeal in one inviting retreat.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1970
Lot Size
8,000 Sq. Ft.

Interior

Total Bedrooms
2
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)
Beds2.03.0
25%
Baths2.02.0
50%
Square foot1,3661,716
37%
Lot Size8,0008,167
47%
Price$599.0K$647.0K
45%
Price per sq ft$439$393
68%
Built year19701977
39%
HOA$0$0
50%
Days on market30215
1%

Pricing History

Listed for Sale

Feb 5, 2026

$599,000

Initial Listing

Sold

Apr 21, 2022

$680,000

Public Record

Sold

Mar 2, 2016

$270,000

Public Record

Sold

Aug 1, 2001

$140,000

Public Record

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