433 Catalina, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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Big Bear Lake, California 92315
This Versatile Mountain Retreat represents a High-Potential Investment Opportunity, listed at $509,000—positioned well above the $490,672 Fair Market Value by -3%. Featuring a Fair Condition Rating, the property offers significant value-add potential through cosmetic updates to its 1963 interiors. The detached guest quarters and large corner lot provide excellent rental income or multi-generational living utility. While school ratings are modest, the prime Fox Farm location ensures strong demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a project with immediate rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 433 Catalina Subject | $499,000* List Price | 3 | 2 | 1,536 | $317 | - |
A 565 Golden West Sold | $575,000 | 4 | 2 | 1,432 | $402 | 0.6 mi |
B 758 Elm Street Sold | $520,000 | 4 | 3 | 1,846 | $282 | 0.5 mi |
C 383 Catalina Active | $479,000 List Price | 3 | 2 | 1,492 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is well-maintained but features highly dated wood-paneled walls, older carpeting, and 1980s/90s-style kitchen cabinetry. While it includes modern upgrades like solar panels, the interior finishes and reliance on window AC units indicate the home has not had a major renovation in over 20 years, requiring cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8775, living area = 1536.
The property includes private guest quarters above the detached two-car garage, providing excellent potential for rental income, a home office, or multi-generational living.
Situated in one of Big Bear's most sought-after neighborhoods, this home offers exceptional proximity to ski resorts, the golf course, and the Village for year-round convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1963, the property may require ongoing maintenance or updates to its original systems and structural elements to meet modern efficiency standards.
The local elementary and middle schools carry low performance ratings (2 and 3 respectively), which may be a drawback for families prioritizing educational district quality.
Tucked into the highly sought-after Fox Farm neighborhood, this beautifully maintained mountain retreat offers the perfect blend of charm, versatility, and location. Set on a spacious corner lot with 14 fruit trees, the property features a 3-bedroom, 2-bathroom layout, including a thoughtfully designed main home and a private guest quarters above the detached two-car garage—ideal for hosting guests, multi-generational living, or added rental potential. Inside, the open-concept floor plan is warm and inviting, highlighted by vaulted ceilings, abundant natural light, and a seamless flow that’s perfect for both everyday living and entertaining. The living space extends effortlessly outdoors to a generous back patio complete with a bar area—your go-to spot for summer evenings under the pines or après-ski gatherings. Practicality meets lifestyle with dual driveways offering ample parking, including space for your RV or boat. Located just minutes from Big Bear’s most popular amenities—including ski resorts, the golf course, zoo, grocery stores, and the Village—you’ll enjoy year-round convenience with adventure right at your doorstep.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,536 | 1,448 | 51% |
| Lot Size | 8,775 | 7,735 | 60% |
| Price | $499.0K | $575.0K | 38% |
| Price per sq ft | $325 | $393 | 19% |
| Built year | 1963 | 1976 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 212 | 1% |
May 23, 2026
$499,000
$509,000
-2% Price Drop
Initial Listing
May 8, 2026
$509,000
Initial Listing
Nov 30, 2001
$99,500
Public Record