828 Tehama Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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Big Bear Lake, California 92315
This Updated Mountain Retreat is a Strong Value Opportunity, listed at $499,000—positioned well below the $529,306 Fair Market Value by 5%. This valuation gap provides $30,306 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features upgraded bathrooms, newer appliances, and Mountain Views from a large 9,060 sqft lot. Located in the prime Moonridge Corridor near Bear Mountain Resort, the property offers high rental demand and turnkey convenience. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready vacation home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 828 Tehama Drive Subject | $479,000* List Price | 3 | 2 | 1,304 | $367 | - |
A 43213 Sand Canyon Road Sold | $449,000 | 3 | 2 | 1,408 | $319 | 0.3 mi |
B 43215 Sunset Sold | $430,000 | 2 | 2 | 1,260 | $341 | 0.2 mi |
C 43113 Sheephorn Sold | $350,000 | 2 | 1 | 1,185 | $295 | 0.2 mi |
D 1218 Siskiyou Drive Sold | $580,000 | 2 | 2 | 1,614 | $359 | 0.6 mi |
E 43131 Grizzly Sold | $425,000 | 3 | 2 | 1,000 | $425 | 0.2 mi |
F 43073 Grizzly Active | $425,000 List Price | 3 | 2 | 1,313 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several key updates that exceed its 1967 build date. It features upgraded bathrooms, newer stainless steel kitchen appliances, fresh interior paint, and newer carpeting throughout. The kitchen and bathrooms show modern styling and the overall maintenance appears high, making it a functional and well-maintained mountain retreat without the need for immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9060, living area = 1304.
The property is ideally situated near Bear Mountain Ski Resort, the golf course, and the Alpine Zoo, making it a highly desirable location for vacation rentals and outdoor enthusiasts.
With upgraded bathrooms, newer kitchen appliances, fresh interior paint, and new carpeting, this home offers a move-in-ready experience that minimizes immediate post-purchase costs.
Built in 1967, the property may have underlying structural or utility elements that require more frequent maintenance compared to newer mountain constructions.
The local elementary and middle schools have low performance ratings (2 and 3 respectively), which could be a drawback for buyers looking to establish a primary family residence.
Price improvement • Near Bear Mountain ski resort & golf course • 0.6 mi to Alpine Pedal Path • Fenced yard with gazebo Price improvement on this single-story home located in the Moonridge area of Big Bear Lake, positioned near Bear Mountain ski resort, Bear Mountain Golf Course, the Alpine Pedal Path, and the Moonridge Corridor with shopping and dining. Interior features include wood-beam ceilings, tongue-and-groove wood finishes, two fireplaces, and a spacious living/game room with natural light. Kitchen includes newer appliances with adjacent dining area and updated finishes. Bathrooms have been upgraded, and recent interior improvements include newer paint and flooring. Exterior offers a fenced backyard with gazebo, mature pine trees, and usable front and rear yard space. Attached one-car garage plus driveway parking. Lot provides separation between neighboring homes with tree coverage. Improved price creates new opportunity for buyers seeking proximity to skiing, golf, hiking, biking, and lake activities. Includes 3D walkthrough, video tour, and floor plan viewer.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades K-6 • 2.6 mi
Grades 7-8 • 2.3 mi
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 | 1,304 | 1,408 | 43% |
| Lot Size | 9,060 | 7,644.5 | 63% |
| Price | $479.0K | $571.5K | 39% |
| Price per sq ft | $367 | $391 | 39% |
| Built year | 1967 | 1976 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 215 | 13% |
May 26, 2026
$479,000
$489,000
-2% Price Drop
Initial Listing
May 8, 2026
$489,000
$499,000
-2% Price Drop
Initial Listing
Mar 14, 2026
$499,000
Initial Listing
Jun 22, 2016
$280,000
Public Record
Oct 21, 2002
$194,500
Public Record
Mar 31, 1995
$119,500
Public Record