512 S Marlowe Drive, Big Bear City, California 92314, Big Bear City, 92314 - 3 bed, 1 bath
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Big Bear City, California 92314
This Mountain Cabin Asset is a Strong Value Opportunity, listed at $350,000—positioned well below the $383,805 Fair Market Value by 8%. This valuation gap provides $33,805 in Instant Equity. While maintaining a Well-Maintained Condition Rating, the 1938 structure offers High Lot Utilization and a Wooded View. USDA Eligibility and proximity to ski resorts drive significant short-term rental demand in the Bear Valley Unified district. This property is a strategic acquisition for Short-Term Rental Investors or First-Time Mountain Buyers seeking a high-yield lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 S Marlowe Drive Subject | $350,000* List Price | 3 | 1 | 1,388 | $277 | - |
A 817 E Barker Sold | $375,000 | 3 | 2 | 1,261 | $297 | 0.4 mi |
B 701 Irving Sold | $435,000 | 3 | 2 | 1,450 | $300 | 0.2 mi |
C 221 E Barker Boulevard Sold | $400,000 | 3 | 3 | 1,374 | $291 | 0.6 mi |
D 520 Maltby Boulevard Sold | $378,000 | 3 | 2 | 1,244 | $304 | 0.6 mi |
E 200 E Country Club Boulevard Active | $449,900 List Price | 4 | 3 | 1,749 | $257 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1938 cabin is well-maintained and move-in ready but shows significant signs of age. The interior features dated wood paneling, basic carpeting, and a simple, older bathroom with a plastic tub insert. While functional and clean, the property lacks modern renovations to its core systems and aesthetic finishes, fitting the criteria for a property over 20 years old with only occasional updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8100, living area = 1388.
The property is USDA eligible, offering rare low-to-no down payment options for qualified buyers, combined with high short-term rental appeal in a high-demand vacation market.
The spacious loft functions as a flexible third bedroom or recreation zone, effectively maximizing the square footage and increasing the property's occupancy potential for guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1388, other record living area = 1188. 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 1938, the property may require ongoing maintenance or modernization of older systems typical of historic mountain cabins to meet contemporary standards.
With three bedrooms but only one bathroom, the home may present logistical challenges for larger groups or families, potentially limiting its appeal for high-occupancy rental use.
Welcome to your Big Bear escape that actually pays you back. Tucked in the heart of Big Bear City, 512 S Marlowe Dr delivers that rare mix of cozy cabin charm and smart investment potential. Step inside and you’re greeted with an open, inviting layout that feels instantly like a weekend you never want to leave. Natural light pours in, the living space flows effortlessly, and everything is designed for comfort after a day on the lake, slopes, or trails. The spacious loft steals the show, doubling as a flexible third bedroom, bonus lounge, or game zone depending on your vibe or your guests. Outside, you’re surrounded by everything that makes Big Bear a year-round destination. Minutes to Big Bear Lake, ski resorts, hiking, off-roading, and local shops and dining, this location keeps you close to the action while still offering that peaceful mountain reset buyers are chasing. For investors and owner occupants, this one checks the boxes. Strong short-term rental appeal, a layout that maximizes occupancy, and a location that stays in demand across all seasons. For buyers looking to maximize value, this property is USDA eligible, opening the door to attractive financing options with low to no down payment for qualified buyers. For investors, the opportunity is just as compelling with strong short-term rental appeal, a layout that increases occupancy potential, and a location that performs across every season. And here’s what makes this one stand out: it's priced to sell quickly. In a market where the best opportunities don’t sit, this is your chance to secure a property that works as both a lifestyle upgrade and an income-producing asset. Big Bear is always in demand. The right property at the right price is rare. This is both. Contact your favorite realtor today and prepare to fall in love!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,388 | 1,424 | 48% |
| Lot Size | 8,100 | 7,380 | 63% |
| Price | $350.0K | $441.9K | 23% |
| Price per sq ft | $252 | $326 | 12% |
| Built year | 1938 | 1979 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 224 | 1% |
Mar 21, 2026
$350,000
Initial Listing
Apr 27, 2017
$169,000
Public Record
Mar 6, 2008
$235,000
Public Record
Aug 1, 1997
$67,500
Public Record