762 Mountain Sky, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 3 bath
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Big Bear Lake, California 92315
This Turnkey Mountain Chalet is a High-Potential Investment Opportunity, listed at $979,999—positioned well below the $1,015,792 Fair Market Value by 3%. This valuation gap offers $35,793 in Instant Equity. Featuring a 2020 total remodel, gourmet granite kitchen, and secluded outdoor entertainment oasis, the property maintains an Excellent Condition Rating. Located near Snow Summit, it offers high-yield rental potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 762 Mountain Sky Subject | $920,000* List Price | 2 | 3 | 2,586 | $360 | - |
A 266 Wren Drive Sold | $700,000 | 3 | 2 | 2,160 | $324 | 0.8 mi |
B 41537 Mockingbird Sold | $1,053,000 | 4 | 4 | 2,522 | $418 | 0.8 mi |
C 42527 Willow Sold | $700,000 | 3 | 2 | 1,659 | $422 | 0.7 mi |
D 791 Knight Sold | $665,000 | 3 | 2 | 1,600 | $416 | 1.0 mi |
E 750 Elm Street Sold | $715,000 | 4 | 3 | 2,036 | $351 | 0.7 mi |
F 644 St Moritz Drive Active | $950,000 List Price | 3 | 3 | 2,409 | $394 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a total remodel in 2020, placing it within the <5-year renovation window for an excellent rating. It features a gourmet kitchen with granite countertops, a high-end master bath with a 5-spout rain shower, and modern systems including a tankless water heater, Anderson windows, and a Champion generator.
Situated within walking distance to Snow Summit Ski Resort and minutes from the lake and village, this property offers exceptional potential for high-yield vacation rentals or a seasonal retreat.
The home underwent a total renovation in 2020, featuring a gourmet granite kitchen, high-end Anderson windows, and a luxury master suite with a five-spout rain shower and soaking tub.
The 'Entertainment Oasis' includes front and rear pavilions, a firepit, and a secluded backyard, complemented by a deep two-car garage and a level driveway with five additional parking spaces.
Despite the generous 2,586 square footage, the home only offers two formal bedrooms plus a loft, which may limit its appeal for larger families or high-occupancy rental strategies.
Originally built in 1973, the property may still possess underlying structural or utility elements from that era that require ongoing monitoring despite the extensive recent cosmetic and functional upgrades.
Nearly 2600 SQ FT of this rambling open Chalet. This log style home is located within walking distance to the Snow Summit Ski Resort. Just minutes from the lake, shopping and the village. Great for permanent living or vacation rentals. A total remodel took place in 2020. Interior touches are exquisite. There is a 2 car attached garage with one side extra deep for a boat or workshop. A front Pavilion and outdoor firepit is a gathering place for family and friends to share company and to relax. The gourmet kitchen boasts Granite counters with ample cabinetry. Kitchen Appliances are included. The dinning area right off of the kitchen is fit for a chef to show off their talents. There is a Large utility room with a washer/dryer and tankless water heater. The first master bedroom has a Full bathroom with a soaking tub and walk-in shower. There is a large walk-in closet for all of your summer and winter clothing. The second master bedroom has a 3/4 bathroom with a shower. The upstairs loft can sleep family/friends with a sleep sofa or be converted into a third bedroom. The downstairs family room could sleep many family/friends with sofa beds or be converted into a fourth bedroom. There are vaulted ceilings. There is waterproof laminate flooring throughout the lower level. All windows are double paned Anderson and there is a Champion Generator if you lose power. You will enjoy the ambiance of the wood deck back yard with a small Pavilion to cover the BBQ. This listing has it all! This house commands to be on your "must see list." Owners are motivated sellers and will consider all offers. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,586 | 1,300 |
| Lot Size | 7,350 | 7,350 |
| Price | $920.0K | $600.7K |
| Price per sq ft | $356 | $413 |
| Built year | 1973 | 1968 |
| HOA | $0 | $1.2K |
| Days on market | 48 | 85 |
Jul 14, 2026
$920,000
$960,000
-4% Price Drop
Initial Listing
Jun 29, 2026
$960,000
$979,999
-2% Price Drop
Initial Listing
Jun 4, 2026
$979,999
Initial Listing