
Big Bear Lake, California 92315
This property presents a High-Potential Investment Opportunity with a List Price of $459,000—positioned well below the $368,311 Fair Market Value by -24%. While the home currently holds a Condition Rating of 5, the dual-street access lot and prime Boulder Bay location provide significant upside for forced appreciation. The vintage layout and original finishes require a comprehensive renovation, making this an ideal project for Fix-and-Flip Investors or Contractors seeking to capitalize on the high demand for updated mountain retreats.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 769 Lowe Drive Subject | $459,000* List Price | 3 | 2 | 1,300 | $283 | - |
A 718 Blue Jay Active | $550,000 List Price | 1 | 3 | 1,320 | $417 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1967 with original kitchen cabinets and countertops (57 years old). The interior features highly dated wood paneling and carpeting, and the listing explicitly states it needs modern touches and updating, indicating a need for a full rehab of primary systems and finishes.
Situated in one of Big Bear's most prestigious lakeside neighborhoods, the property offers exceptional lake access and proximity to Boulder Bay Park.
The spacious 7,000 sq ft street-to-street lot provides rare dual access from both Lowe Drive and Rueda Road, offering convenience and added utility.
A large sunshine deck provides beautiful lake and mountain views, capturing the quintessential Big Bear lifestyle for relaxation and entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1166. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The interior features original 1960s finishes and kitchen cabinets, necessitating a budget for modern renovations and aesthetic upgrades.
Built in 1967, the home retains its original character but may require modernization of systems and fixtures to meet contemporary buyer expectations.
Welcome to beautiful Boulder Bay in Big Bear Lake — one of the most desirable lake-side neighborhoods in Big Bear, known for luxury homes, peaceful streets, and unbeatable lake access. This vintage-inspired mountain retreat offers 3 bedrooms, 2 bathrooms, over 1,300 sq ft of living space, and sits on a spacious 7,000 sq ft street-to-street lot between Lowe Drive and Rueda Road. Full of nostalgic cabin charm, this home features original kitchen cabinets and countertops, warm wood finishes, a cozy gas or wood-burning fireplace, mud room, laundry downstairs, and the kind of character that is getting harder to find. While the home could use modern touches and updating, the location and layout make it an incredible opportunity priced to sell in Boulder Bay. Enjoy lake and tree views from the large sunshine deck, perfect for relaxing after a day on the water. Walk down to the lake for fishing, kayaking, or peaceful shoreline strolls. Located close to Boulder Bay Park, local stores, restaurants, and year-round mountain activities, this property offers both convenience and the peaceful mountain lifestyle Boulder Bay is known for. Quiet neighborhood setting with easy access in and out of town. A fun piece of local history — director Ron Howard lived across the street in the 1980s. Additional features include under-house storage, dual street access, and plenty of mountain cabin potential in one of Big Bear Lake’s most iconic neighborhoods
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,446 | 41% |
| Lot Size | 6,722 | 7,700 | 32% |
| Price | $459.0K | $575.0K | 36% |
| Price per sq ft | $353 | $393 | 30% |
| Built year | 1967 | 1976 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 212 | 1% |
May 19, 2026
$459,000
Initial Listing