
Big Bear Lake, California 92315
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $439,000—positioned well below the $465,289 Fair Market Value by 5%. This valuation gap offers $26,289 in Instant Equity. Featuring a Mint Condition Rating, the cabin includes a new 50-year metal roof, mini-split HVAC, and a 4-person spa on an expansive deck. With its proven rental history and modern upgrades, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 777 Iris Subject 2 bd · 1 ba · 1,095 sqft · $425 | $439,000* List Price | 2 | 1 | 1,095 | $425 | - |
A 534 Highland Sold 2 bd · 2 ba · 1,254 sqft · $359 · 0.4 mi | $450,000 | 2 | 2 | 1,254 | $359 | 0.4 mi |
B 40226 Guinan Sold 2 bd · 2 ba · 1,000 sqft · $350 · 0.6 mi | $350,000 | 2 | 2 | 1,000 | $350 | 0.6 mi |
C 864 Jaybird Sold 3 bd · 2 ba · 1,360 sqft · $375 · 0.2 mi | $510,000 | 3 | 2 | 1,360 | $375 | 0.2 mi |
D 627 Chipmunk Sold 3 bd · 2 ba · 1,104 sqft · $457 · 0.6 mi | $505,000 | 3 | 2 | 1,104 | $457 | 0.6 mi |
E 40265 Mahanoy Lane Active 3 bd · 2 ba · 1,294 sqft · $328 · 0.6 mi | $425,000 List Price | 3 | 2 | 1,294 | $328 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive renovations within the past few years (<5y reno), including a remodeled kitchen, partially remodeled bath, new 50-year metal roof, upgraded 200-amp electrical panel, and a new mini-split HVAC system. It is in mint, turnkey condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1095.
Sold fully furnished and thoughtfully stocked, this property is ready for immediate use as a primary residence or a high-performing short-term rental without additional setup costs.
The cabin features significant high-value improvements, including a new 50-year metal roof, upgraded 200-amp electrical panel, and a mini-split A/C system, ensuring long-term durability and comfort.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8800, other record lot size in square feet = 32883.
With only one bathroom serving two bedrooms and potential rental guests, the layout may present a bottleneck for larger groups or families.
Built in 1973, the gambrel-style architecture may include steeper stairs and more compact interior proportions compared to modern mountain constructions.
Welcome to Lucky Bear Cabin—a beautifully updated 2-bedroom, 1-bath gambrel-style mountain retreat offering 1,095 sq. ft. on a spacious 8,800 sqft lot! Sold fully furnished and thoughtfully stocked, this move-in-ready cabin is ideal as a primary residence, second home, or income-producing vacation rental. Over the past few years, extensive upgrades have transformed this cabin while preserving its rustic mountain charm. Step outside to an expansive raised deck featuring updated railings, BBQ, fire pit, cooler, comfortable seating, outdoor games, and a newly installed 4-person spa. A newly poured walkway and concrete pad make accessing this inviting outdoor space easy. Beneath the cabin, a lockable storage area provides convenient space for tools, gear, and seasonal items. Inside, enjoy a wood-burning fireplace accented by a beautiful antique stained-glass screen, plus a foosball table, game closet, projector and screen. The cabin comes complete with extra linens, towels, kitchen essentials, and even Christmas décor—truly turnkey from day one. Lovingly enjoyed as both a private second home and successful short-term rental, Lucky Bear Cabin blends modern upgrades, rustic character, and year-round mountain comfort. With easy access to Big Bear Lake, ski resorts, shopping, dining, and recreation, this is the mountain getaway you've been waiting for! Highlights include a new 50-year metal roof, upgraded 200-amp electrical panel with dedicated circuits, dual-pane windows and new patio sliders, remodeled kitchen with stainless steel appliances and black composite granite sink, upgraded drywall and insulation, partially remodeled bath, luxury vinyl plank flooring, new water heater, wall heater and thermostat, and an 18,000 BTU mini-split A/C and heat system in the loft. Additional improvements include updated lighting, new asphalt driveway, licensed-plumber-installed water shutoff, Blink security system, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,095 | 1,542.393 |
| Lot Size | 8,800 | 7,922.562 |
| Price | $439.0K | $617.0K |
| Price per sq ft | $401 | $383 |
| Built year | 1973 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 31 | 74 |
Sep 24, 2026
$439,000
Initial Listing
Nov 22, 2019
$245,000
Public Record