450 Georgia Street, Big Bear, California 92315, Big Bear, 92315 - 1 bed, 1 bath
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450 Georgia Street
Big Bear, California 92315
ACTIVE
CONDITION: GOOD
1Beds
1Baths
466Sq Ft
8,745Lot Size
Property Price
LIST PRICE$359,000
EST. MARKET VALUE
$352,053
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $359,000, positioned slightly above the $352,054 Fair Market Value. As a Turnkey Single Family Residence with a Condition Rating of 3, this property features a fully renovated interior, Granite Kitchen, and a wraparound deck with Jacuzzi. The R-3 Zoning on an oversized 8,745 sq. ft. lot provides significant development upside for expansion or an additional unit. This asset is an ideal acquisition for Buy-and-Hold Investors or vacation rental operators seeking a prime, lake-adjacent location.
Estimated Market Value
$352,053
Based on Realkey algorithm analyzing recent comparable sales in Big Bear.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 Georgia Street Subject 1 bd · 1 ba · 466 sqft · $755 | $359,000* List Price | 1 | 1 | 466 | $755 | - |
A 800 Eureka Drive Active 1 bd · 1 ba · 501 sqft · $733 · 0.5 mi | $367,000 List Price | 1 | 1 | 501 | $733 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Originally built in 1922, this cabin has been fully renovated and is move-in ready. It features an updated kitchen with granite countertops and stainless steel appliances, a remodeled bathroom, and a modern ductless mini-split HVAC system.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8745, living area = 466.
- Prime Location and Walkability
Situated just one block from Big Bear Lake and within walking distance to Meadow Park, Ski Beach, and local dining, this property offers premier access to the area's top recreational amenities.
- Development Potential
The oversized 8,745 sqft lot is zoned R-3, providing a rare opportunity for expansion or the addition of a second unit, significantly increasing the property's long-term investment value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 466, other record living area = 568.
- Limited Living Space
With only 466 square feet of primary living area, the compact footprint may be restrictive for full-time residents or buyers seeking a more spacious mountain home.
- Historic Structure Maintenance
Originally built in 1922, the property's age may necessitate ongoing maintenance and potential structural oversight typical of century-old mountain cabins, despite recent renovations.
About 450 Georgia Street
Opportunity awaits in Big Bear Lake! Fully renovated original Hunter's Cabin on an R-3 zoned lot, located just one block from the lake and within walking distance to Meadow Park, Ski Beach Park, the dog park, and blocks from Grizzly Manor Cafe. Features include an updated kitchen with granite countertops and stainless steel appliances, remodeled bathroom, laminate and tile flooring, ductless Mini-split HVAC, and an approximately 200 sq. ft. bonus room. Exterior features include a newer wraparound deck, Jacuzzi spa, gas firepit, approximately 150 feet of redwood privacy fencing, two oversized storage sheds, and ample boat and RV parking. Spacious lot offers potential for expansion or an additional unit/cabin; buyer to verify with the City of Big Bear Lake. Sold furnished and conveniently located near the lake, parks, dining, farmers market, and seasonal Big Bear events. Potential for full-time living, a mountain getaway, or vacation rental use subject to applicable permitsand regulations. Seller motivated--bring all offers!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 8,745 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 466 | 1,483.784 |
| Lot Size | 8,745 | 7,846.216 |
| Price | $359.0K | $496.6K |
| Price per sq ft | $770 | $344 |
| Built year | 1922 | 1980 |
| HOA | $0 | $0 |
| Days on market | 36 | 95 |
Pricing History
Listed for Sale
Sep 18, 2026
$359,000
Initial Listing
Sold
Jul 20, 2021
$328,000
Public Record
Sold
Aug 14, 2015
$135,000
Public Record
Sold
Mar 20, 2001
$69,000
Public Record
Sold
Jan 27, 1999
$63,000
Public Record