551 Conklin Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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Big Bear Lake, California 92315
This Turnkey Mountain Cabin represents a Prime Investment Opportunity, listed at a List Price of $574,900—positioned well below the $590,885 Fair Market Value by 2%. This valuation gap provides $15,985 in Instant Equity. With a Condition Rating of 3, the property features modern updates, a spacious 10,125 sqft lot, and unique amenities like a private zipline and heated game shed. This blend of recreational appeal and financial upside makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 Conklin Road Subject | $574,900* List Price | 3 | 2 | 1,364 | $433 | - |
A 455 Crane Drive Sold | $589,400 | 3 | 3 | 1,381 | $427 | 0.3 mi |
B 41593 Brownie Lane Sold | $525,000 | 3 | 2 | 1,184 | $443 | 0.3 mi |
C 41175 Terrapin Sold | $595,000 | 2 | 2 | 1,366 | $436 | 0.5 mi |
D 410 Oriole Sold | $479,000 | 3 | 2 | 1,152 | $416 | 0.2 mi |
E 764 Conklin Sold | $624,900 | 3 | 2 | 1,616 | $387 | 0.3 mi |
F 644 Marin Sold | $500,000 | 2 | 3 | 1,029 | $486 | 0.5 mi |
G 317 Wren Active | $588,000 List Price | 3 | 2 | 1,536 | $383 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property has been significantly updated within the last 5-15 years. The kitchen features modern butcher block countertops and stainless steel appliances, bathrooms are updated, and the interior shows well-maintained flooring and finishes, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10125, living area = 1364.
Situated on an oversized 10,000+ sqft fully fenced lot in a highly desirable area, this property offers rare space and privacy while remaining minutes from The Village and Snow Summit.
The cabin perfectly balances classic charm with modern updates, featuring soaring vaulted wood-and-beam ceilings and a rock fireplace alongside renovated bathrooms and a contemporary kitchen.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1945, the property may present challenges associated with older construction, such as dated electrical or plumbing systems and insulation efficiency typical of mid-century cabins.
The current list price of $574,900 is significantly lower than its 2022 sale price of $655,000, indicating a notable decline in valuation over the last two years.
LOCATION, LOT SIZE, AND MOUNTAIN CHARM! Nestled in one of the most desirable areas of Big Bear Lake, this beautifully updated gambrel-style cabin at 551 Conklin Rd offers the perfect blend of classic mountain character and modern comfort ~ Situated on an oversized 10,000+ square foot fully fenced lot, this property is centrally located to everything Big Bear has to offer, including The Village, Pine Knot Marina, Meadow Park, Snow Summit, hiking and biking trails, shopping, dining, and year-round entertainment ~ Inside, you’ll find soaring vaulted wood-and-beam ceilings, a warm and inviting rock fireplace, an open-concept floorplan, spacious bedrooms, plus an airy loft open to the living space below, updated bathrooms, and convenient indoor laundry ~ The kitchen features warm butcher block countertops, stainless steel appliances, and a functional layout to entertain family and friends after a day on the mountain ~ Step outside into your mountain playground, complete with towering pine trees, a spacious backyard patio accented with bistro lighting, horseshoe pits, hammock area, and an incredible zipline that runs nearly the full depth of the property ~ The detached game shed is heated, creating a year-round hangout space for watching games, relaxing, or entertaining guests ~ With room to gather, play, and unwind under the stars, this property offers the ideal combination of fun, comfort, and unforgettable Big Bear memories!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,364 | 1,446 | 44% |
| Lot Size | 10,125 | 7,735 | 71% |
| Price | $574.9K | $575.0K | 49% |
| Price per sq ft | $421 | $396 | 60% |
| Built year | 1945 | 1976 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 212 | 1% |
May 19, 2026
$574,900
Initial Listing
Aug 1, 2022
$655,000
Public Record
Jun 26, 2020
$340,000
Public Record