
Big Bear Lake, California 92315
This property presents a High-Potential Investment Opportunity with a List Price of $449,900—positioned well below the $462,940 Fair Market Value by 2%. This valuation gap offers $13,040 in Instant Equity. Featuring a Fair Condition Rating with vintage wood paneling, the home offers significant value-add potential through cosmetic modernization. With a private spa, gear storage, and proximity to Big Bear’s year-round recreation, this is a versatile asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 567 Highland Road Subject | $449,900* List Price | 4 | 2 | 1,448 | $316 | - |
A 720 Maryland Road Sold | $325,000 | 2 | 2 | 1,433 | $227 | 0.9 mi |
B 560 Lakewood Lane Sold | $435,000 | 2 | 2 | 1,152 | $378 | 0.1 mi |
C 560 Talmadge Road Sold | $400,000 | 3 | 2 | 1,328 | $301 | 0.4 mi |
D 40226 Guinan Sold | $350,000 | 2 | 2 | 1,000 | $350 | 0.3 mi |
E 39307 Lark Road Sold | $400,000 | 5 | 2 | 1,040 | $385 | 1.0 mi |
F 39945 Trail Of The Whispering Pines Active | $560,000 List Price | 2 | 2 | 1,464 | $383 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is well-maintained but significantly dated. The kitchen features vintage wood cabinetry with amber glass inserts and older white appliances, while the interior is dominated by original-style wood paneling. Although it has functional upgrades like dual-pane windows and a spa, the overall aesthetic and systems are over 20-30 years old, requiring cosmetic and likely mechanical updates.
Situated in the heart of Big Bear Lake, the property offers immediate access to ski resorts, the Village, and lake activities, maximizing its potential as a high-demand vacation rental.
With four functional sleeping areas and two full bathrooms, the layout provides excellent flexibility for large groups, multi-generational living, or short-term rental guests.
The inclusion of a private spa, fully fenced yard, and a large gear storage shed enhances the property's utility and appeal for year-round outdoor enthusiasts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 1964 construction features original wood paneling and vintage styling that may require cosmetic modernization to appeal to contemporary buyers or high-end renters.
The current list price is approximately $85,000 lower than its March 2024 sale price, indicating a sharp decline in valuation or a shift in local market conditions.
Mountain charm and flexible living come together in this well-maintained retreat, ideally located in the heart of Big Bear Lake ~ Just minutes from the lake, Village shops and restaurants, Snow Summit, Bear Mountain, hiking and biking trails, and all of Big Bear's year-round recreation, this property offers the perfect combination of convenience and mountain lifestyle ~ Offering 3 bedrooms plus a versatile bonus space being used as a 4th bedroom, this two-story cabin is ideal as a full-time residence, vacation getaway, or investment property ~ The layout provides flexibility, with the lower level featuring 2 bedrooms, a full bathroom, a functional kitchen, a comfortable living area, and a laundry space ~ Step through the sliding glass door in the dining room to the expansive front deck ~ Upstairs, you'll find 1 bedroom, an additional bonus room ideal as a bedroom, office, or den, a full bathroom, and a door to the upper balcony complete with tree-top views ~ Warm vintage wood paneling adds classic cabin character throughout ~ Step outside to the fully fenced backyard, where the spa invites you to unwind beneath the mountain sky after a day on the slopes, the lake, or the trails ~ Ample off-street parking provides added convenience for owners and visitors ~ Large shed in the back provides space to store all your mountain/lake/ski/snowboard gear ~ Dual paned windows throughout for efficiency ~ Whether you're looking for a mountain retreat, a full-time home, or an income-producing investment, this versatile Big Bear Lake property places you close to everything that makes the area one of Southern California's premier four-season destinations!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,448 | 1,503.603 |
| Lot Size | 5,824 | 7,837.809 |
| Price | $449.9K | $634.9K |
| Price per sq ft | $311 | $399 |
| Built year | 1964 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 43 | 68 |
Jul 28, 2026
$449,900
Initial Listing
Mar 25, 2024
$535,000
Public Record
Jun 14, 2018
$299,000
Public Record
Apr 23, 2001
$145,000
Public Record