498 Division Drive, Big Bear, California 92314, Big Bear, 92314 - 3 bed, 2 bath
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498 Division Drive
Big Bear, California 92314
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,680Sq Ft
7,680Lot Size
Property Price
LIST PRICE$469,000
EST. MARKET VALUE
$469,000
SUMMARY
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $469,000, which aligns with its $469,000 Fair Market Value. Featuring a fully remodeled kitchen, new roof, and new forced air heating, the property maintains an Excellent Condition Rating of 2. The expansive 7,680 sq ft lot provides rare RV parking and storage capacity, ideal for mountain recreation. While local school ratings are modest, the home’s proximity to major ski resorts ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready getaway.
Estimated Market Value
$469,000
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 |
|---|---|---|---|---|---|---|
★ 498 Division Drive Subject | $469,000* List Price | 3 | 2 | 1,680 | $279 | - |
A 1029 Sugarloaf Boulevard Sold | $500,000 | 3 | 2 | 1,402 | $357 | 0.3 mi |
B 439 Tanglewood Sold | $465,000 | 3 | 2 | 1,708 | $272 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1981, the property has undergone a comprehensive recent renovation (under 5 years) including a new roof, new forced air heating system, and new windows. The kitchen and bathrooms are fully remodeled with modern fixtures, and the home features brand-new flooring and paint throughout, meeting the criteria for mint, maintenance-free condition.
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 = 7680, living area = 1680.
- Extensive Turnkey Renovations
The property features significant recent upgrades including a new roof, new windows, new forced air heating, and a fully remodeled kitchen, providing immediate move-in readiness and minimizing near-term maintenance costs.
- Ample Storage and RV Parking
Equipped with an attached two-car garage and dedicated RV parking, the home offers exceptional space for boats, trailers, and outdoor equipment, which is a high-value asset in a mountain resort community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Market Stagnation and Price Volatility
With over 80 days on the market and three consecutive price reductions from the original list price of $529,000, the property may face challenges regarding perceived value or local market cooling.
- Underperforming Local Schools
The assigned elementary and middle schools have low ratings of 2 and 3 respectively, which may deter long-term primary residents and families prioritizing educational quality.
About 498 Division Drive
Welcome to this beautifully updated 3-bedroom, 2-bathroom mountain retreat nestled on a spacious 7,680 sq ft lot in desirable Big Bear City. At 1,680 square feet, this turnkey home offers modern comfort and effortless mountain living with fresh updates throughout. Step inside to find a light-filled interior showcasing brand-new flooring, fresh paint, and new windows that flood the home with natural light while enhancing energy efficiency. The fully remodeled kitchen is a standout, featuring new countertops, new dishwasher, new microwave, and plenty of workspace for preparing meals after a day on the slopes or lake. The home also boasts a new roof, new forced air heating, and a new chimney stack for peace of mind and year-round comfort. Additional conveniences include washer/dryer hookups and an attached two-car garage with RV parking--perfect for storing boats, toys, or extra vehicles. Located just minutes from Bear Mountain, Snow Summit, Big Bear Lake, and the exciting Oktoberfest festivities, this property delivers the ultimate Big Bear lifestyle. Whether you're seeking a primary residence, weekend getaway, or income-generating vacation rental, this move-in ready home checks every box. Don't miss your opportunity to own this updated gem in the heart of the mountains. Schedule a showing today and imagine making this your new mountainescape!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 7,680 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Unified Schools
Big Bear Elementary School
Grades K-6 • 2.6 mi
2/10
Big Bear Middle School
Grades 7-8 • 2.2 mi
3/10
Big Bear High School
Grades 9-12 • 2.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,680 | 1,500 |
| Lot Size | 7,680 | 8,082.273 |
| Price | $469.0K | $505.5K |
| Price per sq ft | $279 | $349 |
| Built year | 1981 | 1981 |
| HOA | $0 | $0 |
| Days on market | 88 | 79 |
Pricing History
Listed for Sale
Sep 2, 2026
$469,000
$499,000
-6% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$499,000
$509,000
-2% Price Drop
Initial Listing
Price Change
Jul 8, 2026
$509,000
$529,000
-4% Price Drop
Initial Listing
Price Change
Jun 13, 2026
$529,000
Initial Listing
Sold
May 17, 1994
$102,000
Public Record