568 Wren, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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568 Wren
Big Bear Lake, California 92315
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,320Sq Ft
5,000Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$475,097
5% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $499,000—positioned well above the $475,098 Fair Market Value by 5%. While the property carries a Condition Rating of 4, it offers immediate utility through recent upgrades like new carpeting and appliances. The functional 3-bedroom layout and proximity to the Village make it a versatile asset for short-term rental income or personal use. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain getaway with established rental potential.
Estimated Market Value
$475,097
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 568 Wren Subject | $499,000* List Price | 3 | 2 | 1,320 | $360 | - |
A 41591 Tahoe Drive Sold | $402,500 | 2 | 2 | 1,352 | $298 | 0.2 mi |
B 41438 Oak Street Sold | $450,000 | 3 | 2 | 1,080 | $417 | 0.2 mi |
C 849 Ford Active | $440,000 List Price | 3 | 2 | 1,296 | $340 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, the property is well-maintained but dated, featuring popcorn ceilings and older bathroom fixtures. While it includes recent minor upgrades like new carpeting and a refrigerator, the core finishes and aesthetic are over 20 years old, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Big Bear Lake, the property offers exceptional proximity to the Village, the lake, and year-round recreational activities, maximizing its appeal for both personal use and short-term rentals.
- Turnkey Condition
The home is sold fully furnished with recent upgrades, including new carpeting and high-end appliances, providing a seamless, move-in-ready experience for immediate occupancy or income generation.
- Functional Layout
Featuring a versatile three-bedroom, two-bath floor plan with a split-level design, the residence offers privacy and flexibility, making it ideal for hosting guests or accommodating multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Extended Market Time
With 193 days on the market, the property has experienced a significantly longer listing period than average, which may indicate a need for price adjustment or reflect specific buyer hesitations.
- Property Age
Built in 1974, the home may require ongoing maintenance or future capital improvements to systems and infrastructure typical of older mountain residences to meet modern efficiency standards.
About 568 Wren
Located in the heart of Big Bear Lake, 568 Wren Dr is a charming 3-bedroom, 2-bath mountain retreat offering approximately 1,320 square feet of living space on a 5,000 square foot lot. Surrounded by mature pines and just minutes from the lake, the Village, and year-round recreation, this home blends comfort, convenience, and classic Big Bear charm. The home features two upper-level bedrooms and one lower-level bedroom. The inviting and spacious layout offers flexibility for full-time living, a weekend getaway, or a turnkey income-producing vacation rental. Recent upgrades include new carpeting, a new KitchenAid refrigerator, a 1½-year-old washer/dryer combo, and brand-new couches and futon. Home will be sold furnished, making it move-in ready and ideal for immediate personal use or rental income. Buyer to verify all information including bedroom/bath count, permits, and square footage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 5,000 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,503.603 |
| Lot Size | 5,000 | 7,837.809 |
| Price | $499.0K | $634.9K |
| Price per sq ft | $378 | $399 |
| Built year | 1974 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 196 | 68 |
Pricing History
Listed for Sale
Feb 25, 2026
$499,000
Initial Listing
Sold
Oct 17, 2003
$240,000
Public Record
Sold
Jul 24, 2002
$197,000
Public Record
Sold
Oct 6, 2000
$115,000
Public Record