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

541 Georgia Street
Big Bear Lake, California 92315
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 541 Georgia Street Subject | $679,000* List Price | 3 | 2 | 1,474 | $446 | - |
A 657 Georgia Street Sold | $585,000 | 3 | 2 | 1,408 | $415 | 0.1 mi |
B 783 Thrush Drive Sold | $660,000 | 3 | 1 | 1,252 | $527 | 0.6 mi |
C 565 Golden West Sold | $575,000 | 4 | 2 | 1,432 | $402 | 0.6 mi |
D 796 Ford Sold | $850,000 | 3 | 3 | 1,500 | $567 | 0.5 mi |
E 41605 Swan Drive Sold | $675,000 | 3 | 2 | 1,343 | $503 | 0.5 mi |
F 455 Crane Drive Active Under Contract | $598,900 List Price | 3 | 3 | 1,381 | $434 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,474 | 1,716 | 43% |
| Lot Size | 7,250 | 8,167 | 33% |
| Price | $679.0K | $650.0K | 57% |
| Price per sq ft | $461 | $393 | 73% |
| Built year | 1980 | 1977 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 215 | 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



















































