427 Holmes, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 2 bath
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Sugarloaf, California 92386
At a competitive $213 per square foot, this Mountain Fixer-Upper is a Fix-and-Flip Investors dream, listed at $225,000. While currently positioned above the $185,723 Fair Market Value, the property’s location in Sugarloaf provides a high ceiling for forced appreciation through renovation. Carrying a Condition Rating of 5, the residence requires a full rehabilitation of its 1977 infrastructure to address deferred maintenance. However, with Mountain and Forest Views, a Spacious Deck, and walking distance to Big Bear High School, the potential for ROI is substantial. This Value-Add Asset is the perfect acquisition for Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 427 Holmes Subject | $225,000* List Price | 2 | 2 | 1,056 | $176 | - |
A 691 Santa Barbara Avenue Sold | $200,000 | 2 | 1 | 806 | $248 | 0.5 mi |
B 479 Holmes Sold | $266,000 | 3 | 2 | 1,408 | $189 | 0.1 mi |
C 151 Vista Active | $249,999 List Price | 2 | 1 | 936 | $267 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property shows significant signs of deferred maintenance and neglect. The exterior siding has extensive peeling paint and potential wood rot, while the deck is heavily weathered. Inside, the carpets are severely stained and damaged, and there is evidence of exposed electrical wiring hanging from the ceiling in the bedrooms. The kitchen and bathrooms appear original to the build date with no visible updates. The presence of 'Posted' signs and the overall dilapidated state of the interior finishes indicate the home requires a full rehabilitation to be comfortably livable.
Ideally situated near Big Bear Lake and major ski resorts, this property offers year-round access to premier hiking, fishing, and winter sports, making it a highly desirable mountain retreat.
The home is located within walking distance of both Big Bear High School and Baldwin Lane Elementary, providing rare convenience and added value for families with children.
With a competitive price point and a functional 2-bedroom, 2-bathroom layout, this property serves as an excellent entry-level opportunity for a primary residence, vacation home, or short-term rental investment.
Built in 1977, the property may require modern aesthetic updates or infrastructure improvements to meet the expectations of contemporary buyers.
At 1,056 square feet, the interior footprint is relatively small, which may limit its appeal for larger families or those seeking more expansive living and storage areas.
Welcome to Big Bear and welcome to 427 Holmes Lane in Sugarloaf, California a charming mountain retreat ideally situated to enjoy the very best of mountain living. Tucked away on a quiet street in a desirable neighborhood, this inviting property offers a wonderful blend of comfort, privacy, and convenience, all while being surrounded by the natural beauty and year-round recreation that make the Big Bear area such a sought-after destination. Whether you are searching for a cozy primary residence, a relaxing weekend escape, or an income-producing investment opportunity, this home presents an exceptional chance to own in one of Southern California’s most beloved mountain communities. From skiing and snowboarding in the winter to hiking, biking, fishing, and lake activities in the warmer months, adventure is always close at hand. Big Bear Lake, the village, local shops, and entertainment are all just a short drive away, making it easy to enjoy everything the area has to offer. Convenience is another major highlight of this location, with the grocery store nearby for everyday essentials and quick errands. You will also appreciate being close to the many restaurants, cafés, and fine dining options throughout Big Bear, giving you easy access to everything from casual mountain-town favorites to memorable nights out. With its peaceful setting, inviting atmosphere, and proximity to both outdoor adventure and local amenities, 427 Holmes Lane is the perfect place to relax, recharge, and create lasting memories in the mountains.
No exterior & parking available.
Grades K-6 • 0.5 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,056 | 909 | 64% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $225.0K | $297.0K | 18% |
| Price per sq ft | $213 | $339 | 14% |
| Built year | 1977 | 1972 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 195 | 2% |
Mar 25, 2026
$225,000
Initial Listing