567 Highland, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
567 Highland
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 567 Highland, Big Bear Lake, California 92315 reveals a property with a current list price of $554,000, which is 4% above the estimated $529,601 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 567 Highland Subject | $554,000* List Price | 3 | 2 | 1,448 | $366 | - |
A 725 Temple Lane Sold | $689,900 | 3 | 3 | 1,636 | $422 | 0.4 mi |
B 40283 Lakeview Drive Sold | $612,500 | 3 | 2 | 1,616 | $379 | 0.3 mi |
C 39969 Forest Road Sold | $545,000 | 3 | 2 | 1,940 | $281 | 0.2 mi |
D 39298 Willow Landing Road Sold | $680,000 | 4 | 2 | 1,834 | $371 | 0.9 mi |
E 40122 Highland Road Sold | $462,000 | 3 | 2 | 1,118 | $413 | 0.2 mi |
F 720 Maryland Road Active Under Contract | $435,000 List Price | 2 | 2 | 1,433 | $304 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this cabin is well-maintained and functional but shows significant signs of age. The kitchen features older wood cabinetry and white appliances rather than modern stainless steel, and the interior is dominated by vintage wood paneling. While the property is move-in ready and suitable for its current use as a short-term rental, the overall style and fixtures are outdated and have not undergone a full contemporary renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Living Configuration
The two-story layout features separate living areas on each floor, making it ideal for multi-generational families or providing privacy for guests.
- Turn-Key STR Potential
The property is currently an active short-term rental with established income and is offered turn-key, allowing for an immediate transition for investors.
- Premium Outdoor Amenities
Equipped with a hot tub, a fully fenced backyard, and a private tree-view deck, the home maximizes the mountain lifestyle experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1448, other record living area = 1320.
- Aging Infrastructure
Built in 1964, the property may have older mechanical, electrical, or plumbing systems that require more frequent maintenance than a modern build.
- Market Pricing Sensitivity
Recent price reductions from the original $570,000 list price suggest the property is navigating a shifting market or initial overvaluation.
About 567 Highland
Charming Two-Story Mountain Cabin with Flexible Living Spaces | 3 Bedrooms | Hot Tub | STR Income | Turn-Key Discover comfort, versatility, and mountain character in this well-maintained two-story cabin—ideal as a full-time residence, multi-generational setup, or two separate living areas. With 3 total bedrooms, this property offers excellent flexibility. The lower level features 2 bedrooms, a functional kitchen, living room, laundry area, and bathroom, making it perfect for main-level living. Upstairs, you’ll find a private 1-bedroom suite plus a second room that can serve as a bedroom, office, or den, along with its own bathroom and a tree-view deck that brings in beautiful natural light. The home offers plenty of parking, charming vintage interior paneling, and even an arcade game for added fun. The backyard includes a relaxing hot tub, completing the mountain-lifestyle experience. And its fully fenced! Currently used as a short-term rental, this property has established income potential and comes turn-key, ready for its next owner. A unique opportunity to enjoy Big Bear living with versatility and charm—don’t miss this one!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 5,824 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 | 1,448 | 1,716 | 42% |
| Lot Size | 5,824 | 8,167 | 21% |
| Price | $554.0K | $647.0K | 39% |
| Price per sq ft | $383 | $392 | 46% |
| Built year | 1964 | 1977 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 215 | 8% |
Pricing History
Listed for Sale
Feb 12, 2026
$554,000
$564,000
-2% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$564,000
$570,000
-1% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$570,000
Initial Listing
Sold
Mar 25, 2024
$535,000
Public Record
Sold
Jun 14, 2018
$299,000
Public Record
Sold
Apr 23, 2001
$145,000
Public Record