541 Georgia Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath

541 Georgia Street, Big Bear Lake, California 92315 home-pic-0

541 Georgia Street

Big Bear Lake, California 92315

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,474Sq Ft
7,250Lot Size

Property Price

LIST PRICE$679,000
EST. MARKET VALUE
$656,789
3% AboveMARKET VALUE

SUMMARY

Analysis of 541 Georgia Street, Big Bear Lake, California 92315 reveals a property with a current list price of $679,000, which is 3% above the estimated $656,789 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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

$656,789
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
541 Georgia Street
Subject
$679,000*
List Price
321,474$446-
A
657 Georgia Street
Sold
$585,000321,408$4150.1 mi
B
783 Thrush Drive
Sold
$660,000311,252$5270.6 mi
C
565 Golden West
Sold
$575,000421,432$4020.6 mi
D
796 Ford
Sold
$850,000331,500$5670.5 mi
E
41605 Swan Drive
Sold
$675,000321,343$5030.5 mi
F
455 Crane Drive
Active Under Contract
$598,900
List Price
331,381$4340.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and currently operates as a successful vacation rental. Although built in 1980, it has been well-maintained and updated with stainless steel kitchen appliances, modern flooring, and a recently painted exterior. It features rare mountain upgrades such as central air conditioning and a backup power system, indicating that major systems are functional and well-managed. While it retains some original 1980s character like knotty pine ceilings, the overall quality and lack of deferred maintenance place it firmly in the 'good' category.

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 = 7250, living area = 1474.

  • Turnkey Investment Potential

    Currently operating as a successful vacation rental, this property is ideally located near Snow Summit and the Village, ensuring high year-round demand and immediate income potential.

  • Modern Infrastructure

    Rare for mountain retreats, the home features central air conditioning and a backup power system, providing essential comfort and reliability during extreme weather events.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1474, other record living area = 1134.

  • Vintage Construction

    Built in 1980, the property may require more frequent maintenance or future aesthetic updates to remain competitive with newer luxury builds in the area.

  • Restricted Accessibility

    Strict appointment-only requirements and the potential for weather-related showing cancellations may limit immediate access for prospective buyers.

About 541 Georgia Street

DO NOT GO ON PROPERTY WITHOUT CONFIRMED APPOINTMENT. Tucked among the pines, this beautifully designed Big Bear retreat offers a peaceful magical mountain setting that must be experienced in person to fully appreciate. Just minutes from the heart of Big Bear Lake, this successful vacation rental is on a large usable 7,250 square foot lot. Inside, the home is warm and welcoming with knotty pine ceilings, two cozy fireplaces, and a layout that works well for both everyday living and hosting guests. Natural light fills the space and the connection to the outdoors is felt throughout. One upstairs bedroom opens to its own private balcony, while the main level extends to two ground-level decks surrounded by mature pines and crisp mountain air. The kitchen opens directly to the main living area, making it easy to gather, entertain, and enjoy the home together. Additional features include central heat and air conditioning, a stacking washer and dryer a recently painted exterior, and a back-up power system. An oversized detached two car garage offers excellent storage with built-in cabinetry and a second dryer, a valuable feature for mountain living and/or guest use. The flat lot, central location, and functional layout make this property well suited as a primary residence, second home, or income-producing short-term rental. Located near downtown Big Bear Lake, the Village, Snow Summit, Bear Mountain, and Big Bear Lake, the setting supports strong year-round demand. This is a rare opportunity to own a beautifully designed well-located Big Bear home that offers both lifestyle enjoyment and long-term value. Don't miss out!! Do not go on the property without a confirmed appointment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
7,250 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

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,4741,716
43%
Lot Size7,2508,167
33%
Price$679.0K$650.0K
57%
Price per sq ft$461$393
73%
Built year19801977
56%
HOA$0$0
50%
Days on market38215
2%

Pricing History

Listed for Sale

Mar 1, 2026

$679,000

$725,000

-6% Price Drop

Initial Listing

Price Change

Jan 28, 2026

$725,000

Initial Listing

Sold

Dec 10, 2020

$470,000

Public Record

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