
Big Bear Lake, California 92315
This Residential Income Duplex represents a Strong Value Opportunity, listed at $569,000—positioned well below the $602,368 Fair Market Value by 5%. This valuation gap provides $33,368 in Instant Equity. With a Mint Condition Rating following extensive capital upgrades like a new roof and Hardy board siding, this turnkey asset is ready for immediate rental operations. Featuring a newly updated spa and smart-lock security, it is perfectly optimized for the Big Bear short-term rental market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking passive income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 710 Marin Road Subject | $569,000* List Price | 4 | 2 | 1,394 | $432 | - |
A 672 Talmadge Active | $588,000 List Price | 3 | 3 | 1,205 | $488 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1949, the property has undergone a comprehensive renovation within the last 5 years. Significant capital improvements include a brand new $30,000 roof, Hardy board exterior siding, new insulation, and updated wood-burning fireplaces. The interiors are described as freshly renovated with modern kitchens and updated bathrooms, meeting the criteria for mint condition with no immediate maintenance required.
As a duplex with separate entrances and amenities, this property is perfectly positioned for the Big Bear short-term rental market, allowing for multiple revenue streams or multi-group hosting.
Recent investments including a $30,000 roof, Hardy board siding, and updated interiors significantly reduce deferred maintenance costs and provide immediate value to the buyer.
The property features a new spa, smart lock systems, and wood-burning fireplaces, making it a highly competitive and ready-to-use mountain retreat for guests.
Originally built in 1949, the property may have underlying aged infrastructure or mechanical systems that require ongoing maintenance despite the recent surface-level renovations.
With only 1,394 total square feet divided between two units, the individual living spaces are relatively small, which may limit occupancy comfort for larger groups.
A fantastic TWO UNIT opportunity, each with two bedrooms, their own entrance, and amenities, are ideal for hosting multiple groups or generating consistent rental income. Located in a prime spot, just minutes from Big Bear Lake’s attractions, hiking trails, and ski resorts, this property is a top pick for vacationers year-round. Each unit features comfortable living spaces, modern kitchens, and updated bathrooms—ready to impress guests. The property has recently undergone extensive updates, including a brand new $30,000 roof, with three layers stripped down, all new wood, and metal flashing installed. The exterior has been upgraded with Hardy board around the perimeter to address termites and warped wood, with fresh paint to match. Additionally, the newly updated spa, serviced by Olson Spa, is fully operational and ready for guests to enjoy. Both units boast new wood-burning fireplaces with metal chimneys, adding a cozy touch to the mountain retreat. Convenience and security have also been enhanced with electric locks that integrate with an app and camera system, making check-ins seamless. Other upgrades include a washer and dryer in the breezeway, new walls and insulation where a previous leak was repaired, and fully painted, freshly renovated interiors for both units. Surrounded by towering pines, the property offers a serene setting for visitors to relax, complete with space for outdoor dining and lounging. Ample parking accommodates multiple vehicles, essential for larger rental groups. Capitalize on Big Bear Lake’s booming rental market with this versatile property—perfect for generating passive income while enjoying everything this mountain paradise has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1949 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 3, 2026
$569,000
Initial Listing
Oct 23, 2023
$440,000
Public Record
Apr 21, 2010
$130,000
Public Record
Jun 22, 2001
$85,000
Public Record