534 Highland, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
534 Highland
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 534 Highland, Big Bear Lake, California 92315 reveals a Fairly Priced Property with a current list price of $525,000 aligned with the estimated $525,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 534 Highland Subject | $525,000* List Price | 2 | 2 | 1,254 | $419 | - |
A 40149 Hillcrest Sold | $395,000 | 2 | 2 | 1,197 | $330 | 0.4 mi |
B 40067 Highland Sold | $420,000 | 2 | 1 | 838 | $501 | 0.3 mi |
C 39246 Willow Landing Sold | $399,900 | 2 | 4 | 1,027 | $389 | 1.0 mi |
D 583 Highland Road Sold | $536,000 | 3 | 2 | 1,019 | $526 | 0.1 mi |
E 39392 Willow Landing Road Sold | $549,000 | 4 | 2 | 1,440 | $381 | 0.8 mi |
F 40122 Highland Road Sold | $462,000 | 3 | 2 | 1,118 | $413 | 0.3 mi |
G 560 Talmadge Road Active | $525,000 List Price | 3 | 2 | 1,328 | $395 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2007, making it 17 years old, which aligns with the 'Good' category's age criteria. It is move-in ready and appears well-maintained. Major systems like the tankless water heater and insulation are modern. The kitchen and bathrooms are functional and clean; however, the kitchen features white appliances (contradicting the description of stainless steel) and traditional wood cabinets, and the bathrooms have somewhat dated vanity styles and light fixtures. The carpet colors in the bedrooms are also not contemporary. While in excellent condition for its age, these stylistic elements prevent it from being classified as 'Excellent' (which implies new or virtually new components meeting current quality standards).
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 = 9608, living area = 1254.
- Prime Lake Proximity
Located on a corner lot, just 3 blocks from Big Bear Lake and 1 mile from Boulder Bay, offering excellent recreational access and desirability.
- High-Quality Custom Construction
Built in 2007 with robust 2x6 construction, full insulation, a tankless water heater, and a new water filtration system, ensuring durability, efficiency, and modern comfort.
CONSRISKS & DEFICIENCIES
- Compact Main Living Space
At 1254 sqft, the primary living area might be considered modest for a custom-built home, potentially limiting appeal for buyers seeking more expansive residences.
- Unrealized Attic Potential
While offering expansion opportunities, the attic spaces are not fully finished living areas, requiring additional investment and construction to maximize their utility and value.
- Recent Price Reduction History
Multiple price adjustments from the initial listing price may indicate market resistance or an initial overvaluation, which could influence buyer perception and negotiation.
About 534 Highland
Beautiful Custom Home on a Corner Lot, just 3 blocks to the Lake! This custom-built, ground level single story with zero step access, 2 primary bedrooms, 2 full bath, 1 with roll in shower, home impresses with high ceilings, an open floorplan, and abundant natural light from large windows and extra-tall sliding glass doors. Enjoy a cozy stone fireplace and a stylish kitchen with Corian counters and stainless steel appliances. The front entry offers a convenient mudroom, and the back opens to a roofed covered patio—perfect for relaxing or entertaining. The finished attic above is already plumbed for a bathroom, with 2 windows for a cross breeze and vaulted ceiling. The attic above the garage makes a great guest space or private hideaway with pull down ladder. Even more features: Tankless water heater, new water filtration system, mirrored wardrobes, Vaulted ceiling, tiles set on diagonal, the garage is tall as well to accommodate a tall van or camper, built with 2x6 construction, full insulation, and rain gutters. Just 1 mile from Boulder Bay. This well-loved home is ready for its next owner!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 9,608 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,254 | 1,716 | 30% |
| Lot Size | 9,608 | 8,182 | 60% |
| Price | $525.0K | $647.0K | 34% |
| Price per sq ft | $419 | $393 | 60% |
| Built year | 2007 | 1977 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 215 | 24% |
Pricing History
Listed for Sale
Feb 2, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$550,000
$590,000
-7% Price Drop
Initial Listing
Price Change
Oct 17, 2025
$590,000
Initial Listing