
Big Bear Lake, California 92315
This property presents a High-Potential Investment Opportunity with a List Price of $765,000—positioned well above the $665,668 Fair Market Value by 14%. While the property requires capital for modernization due to its Condition Rating of 4, it offers significant upside through its Golf Course and Mountain Views and a spacious 4-bedroom layout. The home serves as a prime candidate for value-add renovations to maximize short-term rental demand in the Big Bear resort market. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a strategic project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42870 Encino Subject 4 bd · 3 ba · 1,872 sqft · $356 | $765,000* List Price | 4 | 3 | 1,872 | $356 | - |
A 42741 Cougar Road Sold 3 bd · 3 ba · 1,952 sqft · $343 · 0.2 mi | $670,000 | 3 | 3 | 1,952 | $343 | 0.2 mi |
B 1108 Sylvan Glen Sold 3 bd · 2 ba · 1,450 sqft · $422 · 0.6 mi | $612,000 | 3 | 2 | 1,450 | $422 | 0.6 mi |
C 750 Elm Street Sold 4 bd · 3 ba · 2,036 sqft · $351 · 0.5 mi | $715,000 | 4 | 3 | 2,036 | $351 | 0.5 mi |
D 42801 La Cerena Sold 2 bd · 2 ba · 1,479 sqft · $375 · 0.2 mi | $555,000 | 2 | 2 | 1,479 | $375 | 0.2 mi |
E 42988 Moonridge Road Active 4 bd · 2 ba · 2,055 sqft · $336 · 0.2 mi | $690,000 List Price | 4 | 2 | 2,055 | $336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977 (49 years old), the property is dated, featuring popcorn ceilings and older tile flooring. While the exterior, stone retaining wall, and decks appear well-maintained and functional, the interior finishes and age suggest the need for cosmetic updates and potential system modernizations.
The property features highly desirable views of the local golf course and surrounding mountains, significantly enhancing its aesthetic appeal and market value as a vacation retreat.
With 4 bedrooms and 3 bathrooms across 1,872 square feet, the home offers a generous floor plan that is well-suited for large families or high-capacity short-term rental opportunities.
Located in Big Bear Lake, the property provides excellent proximity to premier four-season recreation, including skiing, hiking, and lake activities, ensuring strong long-term demand.
Built in 1977, the residence may require significant capital investment for modernizing interior finishes and upgrading aging mechanical systems to meet current buyer expectations.
The assigned elementary and middle schools have lower performance ratings (2-4 range), which may limit the property's appeal to families seeking a primary residence.
Exceptional opportunity in Big Bear Lake. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 2.1 mi
Grades K-6 • 2.4 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,872 | 1,542.393 |
| Lot Size | 4,515 | 7,922.562 |
| Price | $765.0K | $617.0K |
| Price per sq ft | $409 | $383 |
| Built year | 1977 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 40 | 74 |
Sep 30, 2026
$765,000
$785,000
-3% Price Drop
Initial Listing
Sep 14, 2026
$785,000
Initial Listing
Jul 20, 2012
$183,000
Public Record
May 1, 2003
$253,000
Public Record