524 W Rainbow Boulevard, Big Bear, California 92314, Big Bear, 92314 - 2 bed, 2 bath
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524 W Rainbow Boulevard
Big Bear, California 92314
ACTIVE
CONDITION: GOOD
2Beds
2Baths
798Sq Ft
2,500Lot Size
Property Price
LIST PRICE$369,000
EST. MARKET VALUE
$322,460
14% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Retreat is a High-Potential Investment Opportunity, listed at $369,000—positioned well above the $322,461 Fair Market Value by 14%. While priced at a premium, the property offers a Condition Rating of 3, featuring a Granite Kitchen and a functional layout with a bedroom and bath on each level. Its proximity to Bear Mountain and Snow Summit ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or weekend vacationers seeking a move-in ready mountain escape.
Estimated Market Value
$322,460
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 |
|---|---|---|---|---|---|---|
★ 524 W Rainbow Boulevard Subject 2 bd · 2 ba · 798 sqft · $404 | $369,000* List Price | 2 | 2 | 798 | $404 | - |
A 927 W Fairway Boulevard Sold 2 bd · 1 ba · 768 sqft · $352 · 0.5 mi | $270,000 | 2 | 1 | 768 | $352 | 0.5 mi |
B 1029 Sequoia Drive Sold 2 bd · 1 ba · 720 sqft · $382 · 0.9 mi | $275,000 | 2 | 1 | 720 | $382 | 0.9 mi |
C 803 Robinhood Boulevard Active 2 bd · 1 ba · 798 sqft · $426 · 0.3 mi | $340,000 List Price | 2 | 1 | 798 | $426 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1982, the home is well-maintained and move-in ready. The kitchen features updated stainless steel appliances and granite countertops, indicating a renovation within the 5-15 year range. The interior wood finishes and systems appear functional and clean, meeting the criteria for a well-kept seasonal retreat.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Furnished Condition
The property is offered fully furnished, providing an immediate move-in or rental-ready opportunity for investors and vacationers seeking a hassle-free transition.
- Prime Recreational Location
Situated less than four miles from Bear Mountain and Snow Summit ski resorts and minutes from Big Bear Lake, the home offers exceptional access to year-round outdoor activities.
- Functional Privacy Layout
The thoughtfully designed floor plan features a bedroom and bathroom on each level, offering enhanced privacy for guests or multi-generational use in a compact footprint.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 798 square feet, the living space is quite small, which may feel restrictive for larger groups or those looking for a more spacious full-time residence.
- Small Lot Size
The 2,500 square foot lot is modest for a mountain property, limiting outdoor expansion possibilities and providing less buffer from neighboring homes.
About 524 W Rainbow Boulevard
Your Furnished Big Bear Mountain Retreat Awaits! Escape to the mountains and enjoy the charm of this inviting 2-bedroom, 2-bath home, offered fully furnished and ready for your next adventure! Whether you're searching for a full-time residence, weekend getaway, seasonal retreat, or investment opportunity, this home offers comfort, convenience, and flexibility. The thoughtfully designed layout features sleeping areas and a bathroom on each level, providing added privacy for family and guests. Enjoy your morning coffee on the welcoming front porch, surrounded by beautiful mountain scenery, or relax in the fully fenced backyard with room for pets and outdoor enjoyment. An unfinished bonus area offers additional storage and possibilities for future use. Nestled in a peaceful neighborhood, just minutes from Big Bear Lake, The Village, shopping, dining, and less than four miles from Bear Mountain and Snow Summit ski resorts. Experience year-round mountain living with skiing, hiking, biking, fishing, and endless outdoor recreation at your doorstep. Fully furnished and ready to enjoy! Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 798 | 1,483.784 |
| Lot Size | 2,500 | 7,846.216 |
| Price | $369.0K | $496.6K |
| Price per sq ft | $462 | $344 |
| Built year | 1982 | 1980 |
| HOA | $0 | $0 |
| Days on market | 2 | 95 |
Pricing History
Listed for Sale
Oct 22, 2026
$369,000
Initial Listing
Sold
Aug 4, 2022
$375,000
Public Record
Sold
Dec 17, 2018
$205,000
Public Record
Sold
Nov 30, 2017
$127,500
Public Record
Sold
Nov 4, 1999
$64,000
Public Record
Sold
Oct 13, 1994
$69,000
Public Record