
Big Bear Lake, California 92315
This High-Potential Investment Opportunity is listed at $879,000, positioned above the $816,533 Fair Market Value. While not a discount buy, the property maintains a Good Condition Rating and serves as a proven Turnkey Vacation Rental, generating $91,000 in annual income. Key features include an elevated sky deck, 6-person hot tub, and premium mountain upgrades like air conditioning. This asset is ideal for Buy-and-Hold Investors seeking immediate cash flow or Second-Home Buyers looking for a serene, well-maintained mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 469 Morningstar Subject 3 bd · 2 ba · 2,082 sqft · $392 | $879,000* List Price | 3 | 2 | 2,082 | $392 | - |
A 166 N Teakwood Drive Sold 3 bd · 3 ba · 2,200 sqft · $386 · 0.6 mi | $850,000 | 3 | 3 | 2,200 | $386 | 0.6 mi |
B 154 Lodgepole Place Sold 4 bd · 3 ba · 2,068 sqft · $440 · 0.6 mi | $910,000 | 4 | 3 | 2,068 | $440 | 0.6 mi |
C 376 Crystal Lake Sold 3 bd · 2 ba · 1,440 sqft · $434 · 0.9 mi | $625,000 | 3 | 2 | 1,440 | $434 | 0.9 mi |
D 41922 Centre Court Sold 3 bd · 4 ba · 2,174 sqft · $437 · 0.7 mi | $950,000 | 3 | 4 | 2,174 | $437 | 0.7 mi |
E 150 Lodgepole Sold 3 bd · 2 ba · 1,602 sqft · $427 · 0.6 mi | $684,000 | 3 | 2 | 1,602 | $427 | 0.6 mi |
F 400 Sunrise Active 3 bd · 3 ba · 2,029 sqft · $382 · 0.5 mi | $774,900 List Price | 3 | 3 | 2,029 | $382 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, the property is well-maintained and move-in ready. It features updated bathroom elements like marble counters and a modern custom tile shower, along with premium systems including air conditioning, a hot water recirculation pump, and water filtration. While the kitchen cabinetry is functional and original to the build, the overall maintenance and system upgrades elevate it to good condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2082.
The property is a highly successful vacation rental, generating $91,000 in income over the past year, offering a turnkey opportunity for investors.
Features an elevated sky deck with lake and mountain views, a new 6-person hot tub, and a professionally landscaped park-like yard with water features.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The garage has been converted into a game room, which eliminates traditional covered vehicle parking and storage, a potential drawback during winter months.
The assigned elementary and middle schools have low ratings (2/10 and 3/10), which may limit the property's appeal to families seeking a primary residence.
Located on a quiet cul-de-sac in prestigious Castle Glen Estates, this wonderfully landscaped property offers a fully fenced park-like setting, centered around water features, mature trees, and a signature blue spruce. Inside, the open great room floor plan features vaulted ceilings and a rough-finished stone wood-burning fireplace. Large windows throughout the living space frame the backyard scenery offering a light and bright feel. While the formal dining room is an option, the kitchen itself serves as a functional centerpiece with quality cabinetry, a central island, and a breakfast bar. The primary suite provides a comfortable retreat with dual closets, marble counters, and custom tile flooring, offering direct access to the lower deck. For broader views of the lake, mountains, and Baker’s Pond, the elevated sky deck provides a distinct outdoor vantage point while spacious outdoor decking with BBQ and new 6 person hot tub make for great entertaining as well. There's even a full game room in the converted garage! Additional premium features include air conditioning, hot water recirculation pump, water filtration, and a water softener. This tranquil getaway has been very popular with vacation renters and has an impressive rental income history. Don't miss out on this gorgeous and serene getaway in the heart of Big Bear! (This has been a successful vacation rental making 91K over the past year!)
No exterior & parking available.
Grades K-6 • 2.2 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,082 | 1,542.393 |
| Lot Size | 10,000 | 7,922.562 |
| Price | $879.0K | $617.0K |
| Price per sq ft | $422 | $383 |
| Built year | 2002 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 2 | 74 |
Oct 22, 2026
$879,000
Initial Listing
Sep 30, 2019
$624,000
Public Record
Jun 7, 2017
$590,000
Public Record