446 Shady, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 3 bath

446 Shady, Big Bear Lake, California 92315 home-pic-0

446 Shady

Big Bear Lake, California 92315

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,508Sq Ft
4,694Lot Size

Property Price

LIST PRICE$699,000
EST. MARKET VALUE
$674,923
3% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$674,923
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
446 Shady
Subject
$699,000*
List Price
431,508$448-
A
40263 Dream Street
Sold
$600,000321,352$4440.4 mi
B
39298 Willow Landing Road
Sold
$680,000421,834$3710.9 mi
C
583 Highland Road
Sold
$536,000321,019$5260.2 mi
D
40224 Mahanoy
Active
$599,000
List Price
321,398$4280.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2004, this custom home is move-in ready and meticulously maintained. While the kitchen and bathrooms feature original finishes such as tile countertops and white appliances that are dated by modern standards, the overall condition is excellent for its age. The property shows minimal wear, features high-quality architectural elements like vaulted wood-beam ceilings, and requires no immediate renovations for occupancy.

PROSSTRENGTHS & OPPORTUNITIES

  • Significant Value-Add Potential

    The property includes a large unfinished lower level and a separate 400 sq. ft. guest suite, offering a rare opportunity to expand living space and build immediate equity.

  • Panoramic Mountain Views

    An expansive elevated deck captures sweeping, unobstructed views of the National Forest and surrounding hills, a high-demand feature for mountain retreats.

  • Modern Custom Construction

    Built in 2004, the home features contemporary mountain architecture, including soaring vaulted ceilings and an open-concept layout that outclasses older area cabins.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1508, other record living area = 1228. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Compact Interior Footprint

    With four bedrooms configured within 1,508 square feet, the individual room sizes and primary living areas may feel restrictive for larger groups.

  • Capital Intensive Expansion

    Realizing the property's full potential requires a significant secondary investment and permitting process to finish the lower-level bonus space.

About 446 Shady

INVESTOR & VALUE-ADD OPPORTUNITY — EXPANDABLE MOUNTAIN RETREAT Meticulously maintained custom-built home (2004) offering alpine charm, panoramic views, and exceptional expansion potential. The main level features 4 bedrooms, 3 baths, soaring vaulted ceilings with exposed beams, and an open-concept living area filled with natural light. The expansive elevated deck captures sweeping views of surrounding hills and National Forest — perfect for year-round enjoyment. A private ~400 sq. ft. guest suite with separate exterior entrance offers flexibility for multi-generational living or income potential. BONUS: The lower level includes an unfinished space approximately equal in size to the main living area — providing incredible value-add opportunity. Ideal for future expansion into additional bedrooms, a game room, home theater, gym, second living unit (buyer to verify), or creative custom design. Whether you’re seeking a primary residence, vacation home, or high-upside investment, this property delivers immediate enjoyment with room to grow. Now attractively positioned — rare chance to secure space, views, and future equity in Big Bear Lake.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2004
Lot Size
4,694 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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)
Beds4.03.0
65%
Baths3.02.0
55%
Square foot1,5081,716
45%
Lot Size4,6948,167
10%
Price$699.0K$650.0K
59%
Price per sq ft$464$393
73%
Built year20041977
87%
HOA$0$0
50%
Days on market43215
2%

Pricing History

Listed for Sale

Feb 21, 2026

$699,000

$739,000

-5% Price Drop

Initial Listing

Price Change

Jan 23, 2026

$739,000

Initial Listing

Sold

Apr 7, 2022

$630,000

Public Record

Sold

Jul 28, 2004

$312,500

Public Record

Sold

Oct 22, 2002

$20,000

Public Record

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