
Big Bear Lake, California 92315
This Turnkey Luxury Mountain Retreat is a Prime Investment Opportunity listed at $725,000—positioned below the $741,733 Fair Market Value by 2%. This valuation gap provides $16,733 in Instant Equity for the buyer. Boasting a Luxury Condition Rating after a complete overhaul, the 1,850 sqft interior features brand-name appliances, a hot tub, and mountain views. Its "golden location" steps from Big Bear Village and a 9-person rental permit ensure high demand. This is a premier acquisition for Short-Term Rental Investors or Owner-Occupants seeking a high-end 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 | $401 | - |
A 40224 Mahanoy Sold | $590,000 | 3 | 2 | 1,398 | $422 | 0.6 mi |
B 41175 Terrapin Sold | $595,000 | 2 | 2 | 1,366 | $436 | 0.6 mi |
C 693 Knight Avenue Active | $679,900 List Price | 3 | 3 | 1,783 | $381 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete luxury overhaul, featuring a modern kitchen with high-end appliances, updated bathrooms, and contemporary finishes throughout, effectively making it a like-new home despite its original 1956 build date.
Situated in the heart of Big Bear Village, the property is steps away from premier dining, shopping, and entertainment, ensuring high demand for both personal use and short-term rentals.
The home has undergone a complete modern overhaul with high-end finishes and brand-name appliances, and is sold fully furnished for immediate move-in or rental readiness.
Permitted for nine guests and featuring a converted playroom and hot tub, the property is optimized for maximum occupancy and high nightly rates in the competitive vacation rental market.
The original garage was converted into a playroom; while a carport is available, the absence of an enclosed garage may be a drawback for vehicle protection in a snowy mountain climate.
Because the current owner has used the property primarily as a second home, there is no established short-term rental track record or historical income data to provide to prospective investors.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,850 | 1,486 | 61% |
| Lot Size | 5,810 | 8,000 | 21% |
| Price | $725.0K | $589.7K | 68% |
| Price per sq ft | $392 | $397 | 48% |
| Built year | 1956 | 1976 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 213 | 1% |
Mar 27, 2026
$725,000
Initial Listing
Oct 16, 2017
$238,000
Public Record
Mar 31, 1999
$90,000
Public Record