43469 Sheephorn, Big Bear, California 92315, Big Bear, 92315 - 3 bed, 3 bath
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Big Bear, California 92315
This Value-Add Mountain Asset is listed at $799,000, currently priced above the $678,116 Fair Market Value to account for its significant shovel-ready development potential. The property maintains a Condition Rating of 4, offering a well-kept 1969 interior with panoramic ski slope views in the prestigious Upper Moonridge area. Its standout feature is the approved expansion plans to add 1,877 sq. ft., providing a clear path to forced appreciation and increased equity. Currently a high-performing short-term rental, this is a strategic acquisition for Short-Term Rental Investors or Developers looking to capitalize on Big Bear’s premium rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43469 Sheephorn Subject | $799,000* List Price | 3 | 3 | 1,856 | $365 | - |
A 42912 Encino Road Sold | $560,000 | 3 | 2 | 1,488 | $376 | 0.8 mi |
B 43935 Mendocino Drive Sold | $625,000 | 3 | 2 | 1,608 | $389 | 0.7 mi |
C 43847 Wolf Road Sold | $835,000 | 4 | 3 | 2,250 | $371 | 0.5 mi |
D 43555 Colusa Sold | $590,000 | 3 | 2 | 1,704 | $346 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the property is well-maintained but features dated interior finishes including extensive wood paneling, older wall-mounted heating units, and basic bathroom vanities. While functional as a short-term rental, the systems and aesthetics are over 20 years old and require modern updates.
Situated in the highly desirable Upper Moonridge area, the property offers direct, breathtaking views of the Big Bear Mountain ski slopes, significantly boosting its rental appeal and long-term value.
The inclusion of approved plans to add 1,877 sq. ft. of living space, a garage, and expansive decking provides a rare, shovel-ready opportunity to nearly double the home's footprint and increase equity.
Currently operating as a successful short-term rental with a bathroom on every floor and a functional three-story layout, the property offers immediate cash flow and a turnkey investment for buyers.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1969, the property may require more frequent maintenance or updates to its older systems and structural components compared to newer mountain builds.
The local elementary and middle schools carry below-average ratings, which could potentially limit the property's appeal to full-time residents with school-aged children.
Location location location!! Views views views!!! Upper Moonridge Chalet with eyes on the slopes & approved building plans to add 1,877 sq. ft! Welcome to your mountain getaway a beautifully maintained 3-bedroom, 3-bath cabin with a spacious loft, perfectly situated in the desirable Upper Moonridge and positioned to capture breathtaking views of Big Bear Mountain ski slopes. This home blends cozy alpine charm with modern comfort, featuring 3 floors of living/sleeping area with a bathroom on every floor. Vaulted wood-beam ceilings with large windows providing natural light and mountain scenery. Currently operating as a well-performing short term rental, this property offers strong income potential with a proven track record of guest satisfaction and consistent bookings. Included with the sale are approved plans to expand the home to approximately 1,877 square feet, complete with a 400 sq. ft. garage and 468 sq. ft. of outdoor patio decking, giving you the opportunity to create your dream mountain estate or elevate your investment portfolio. Whether you're seeking a vacation home, short-term rental, or year-round retreat, this property delivers endless potential in one of Big Bear's most sought-after locations just minutes from ski resorts, hiking trails, the lake, and the Village.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades K-6 • 3.1 mi
Grades 7-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,856 | 1,616 |
| Lot Size | 7,215 | 14,100 |
| Price | $799.0K | $526.5K |
| Price per sq ft | $430 | $351 |
| Built year | 1969 | 1988 |
| HOA | $0 | $0 |
| Days on market | 82 | 100 |
May 1, 2026
$799,000
Initial Listing
May 24, 2021
$750,000
Public Record
May 12, 2017
$350,000
Public Record
May 5, 2004
$319,000
Public Record
Jun 20, 2001
$235,000
Public Record