
Big Bear Lake, California 92315
This Turnkey Luxury Mountain Retreat is a High-Potential Investment Opportunity, listed at $725,000—positioned slightly above the $721,445 Fair Market Value. Following a comprehensive Major Overhaul Renovation, the property features an Excellent Condition Rating and is sold fully furnished. With a 9-person short-term rental permit, a hot tub, and a prime village location, it is engineered for immediate revenue generation. This asset is an ideal acquisition for Buy-and-Hold Investors seeking high-yield vacation rentals or Owner-Occupants desiring a move-in ready mountain getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Cameron Subject | $725,000* List Price | 3 | 2 | 1,850 | $390 | - |
A 764 Conklin Sold | $624,900 | 3 | 2 | 1,616 | $387 | 0.8 mi |
B 40224 Mahanoy Sold | $590,000 | 3 | 2 | 1,398 | $422 | 0.6 mi |
C 802 Conklin Sold | $525,000 | 4 | 2 | 1,302 | $403 | 0.8 mi |
D 374 Mountainaire Lane Sold | $850,000 | 4 | 3 | 2,388 | $356 | 0.8 mi |
E 41175 Terrapin Sold | $595,000 | 2 | 2 | 1,366 | $436 | 0.6 mi |
F 693 Knight Avenue Active | $659,900 List Price | 3 | 3 | 1,783 | $370 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive 'major overhaul' renovation, transforming it into a modern luxury home. It features a brand-new kitchen with high-end appliances, updated flooring, and a significant square footage expansion (1,100 to 1,850 sq ft). The interior and exterior show mint condition with no maintenance required, fitting the criteria for a recent renovation under 5 years old.
Situated in the heart of Big Bear Village, the property offers exceptional walkability to top-tier dining, shops, and entertainment, making it a premier destination for both tourists and residents.
Following a comprehensive modern overhaul, the home is sold fully furnished and move-in ready, allowing for immediate occupancy or short-term rental operations without additional capital expenditure.
Permitted for 9 guests and featuring high-demand amenities like a hot tub and a converted playroom, the property is specifically engineered to command premium nightly rates in the vacation rental market.
With 127 days on the market, the property has exceeded the typical local absorption period, which may lead to increased buyer scrutiny regarding its valuation relative to current market trends.
The conversion of the original garage into a playroom removes protected vehicle storage, a feature often preferred by buyers in mountain climates subject to heavy seasonal snowfall.
This property has gone through a major overhaul renovation. It was like a brand new modern style luxury home after the transformation. It will be sold "completely furnished" and ready to rent the day after escrow closes! The living space has increased from 1,100 sq ft to a total of 1,850 sq ft. It has a total of 3 bedrooms, 4 beds and 2 bathrooms with brand name appliances. The original garage has been transformed into a playroom. A new covered carport was built to allow the conversion. There are also a concrete shower stand, a hot tub on the lower deck as well as a BBQ grill on the upper deck. The entire house is permitted to sleep 9 people by city short term rental permit. The main value of the house is in its golden location. It is literally within a stone throw from the Oakside Restaurant & Bar, one of the most fancy restaurants, and other adjacent popular bars, saloons, fast food outlets, shops on Village Dr and Pine Knot Avenue, i.e. the very heart of the Big Bear Village. It commands a very high rental rate from various short term rental sites but the current owner has not managed it as a dedicated short term rental since they have been using it partially as their own home. The opportunity is for the new owner to manage it actively on Airbnb, if not for the use as a principal residence or a perfect second home getaway in the mountains. Call the agent today and don't miss this wonderful crown jewel of the village adjacent properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,850 | 1,503.603 |
| Lot Size | 5,810 | 7,837.809 |
| Price | $725.0K | $634.9K |
| Price per sq ft | $392 | $399 |
| Built year | 1956 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 166 | 68 |
Mar 27, 2026
$725,000
Initial Listing
Oct 16, 2017
$238,000
Public Record
Mar 31, 1999
$90,000
Public Record