827 Penninsula, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
827 Penninsula
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 827 Penninsula, Big Bear Lake, California 92315 is currently available with a list price of $1,399,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation, featuring a state-of-the-art kitchen with Bosch appliances, premium granite countertops, and a deep farmhouse sink. All major systems, including the forced air heating and tankless water heater, are relatively new, and the interior displays modern flooring, updated light fixtures, and pristine finishes throughout, requiring no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9100, living area = 1564.
- Prime Lakefront Access
The property features 80 feet of lakefront with dock privileges for up to a 3-slip dock, offering rare and direct water access in the highly sought-after Boulder Bay area.
- Unobstructed Panoramic Views
Boasts permanently unobstructed lake views from every window in the house, a premium feature that significantly enhances both the living experience and resale value.
CONSRISKS & DEFICIENCIES
- Accessibility Concerns
The multi-level layout and use of a spiral staircase to connect floors may be difficult for individuals with mobility issues or families with very small children.
- Compact Living Space
With 1,564 square feet of living space, the interior may feel somewhat crowded when utilized at its maximum capacity as a four-bedroom or high-occupancy rental.
- Vintage Structural Footprint
Originally built in 1960, the home may have smaller secondary bedrooms or storage limitations typical of older mountain cabins despite the extensive modern renovations.
About 827 Penninsula
A BOULDER BAY LAKEFRONT BEAUTY! Permanently unobstructed lake views from every window of the house. Fully renovated 3 bedroom/2 bath with bonus room that could be a 4th bedroom or game room that sits at the entrance to Big Bear Lake. Walk to Boulder Bay Park, kayak rentals, a mini mart, and a restaurant that is a local favorite. Home has state of the art kitchen with gourmet Bosch appliances, gorgeous granite, deep farmhouse sink, hidden washer and dryer, breakfast bar, and open space kitchen and dining area to living room. Light and bright living room has brand relatively new pellet stove and opens up to decking with breathtaking views of the lake, outdoor granite bar top, and soaking tub in the boulders. 2 bedrooms and full bathroom on this level ~ Top level of house is a loft style bedroom with separate sitting area and another beautiful bathroom. Bonus room has a bar area on one side and wine cellar area behind the huge boulder on the other, spiral staircase to connect to the upper floors. 80 feet of lakefront with dock privileges up to a 3-slip dock. Relatively new forced air heating, tankless water heater and insulation. House is ready to go with no upgrades needed! Perfect getaway retreat and/or investment property as this is a very successful Airbnb short term rental. Make this your own with a little bit of love and enjoy all that Big Bear has to offer. This one you don't want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 9,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,564 | 1,716 | 46% |
| Lot Size | 9,100 | 8,182 | 55% |
| Price | $1.40M | $650.0K | 91% |
| Price per sq ft | $895 | $393 | 98% |
| Built year | 1960 | 1977 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 215 | 1% |
Pricing History
Listed for Sale
Feb 15, 2026
$1,399,000
Initial Listing
Price Change
Feb 13, 2026
$1,400,000
Initial Listing