
Big Bear Lake, California 92315
This Single Family Residence is a Strong Value Opportunity, listed at $450,000—positioned well below the $456,083 Fair Market Value by 1%. This valuation gap offers $6,083 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional open-concept layout and breathtaking lake and mountain views from an expansive balcony. While the infrastructure is dated, the prime location near world-class skiing and hiking trails makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 841 Menlo Drive Subject | $450,000* List Price | 2 | 2 | 1,248 | $365 | - |
A 43113 Sheephorn Sold | $350,000 | 2 | 1 | 1,185 | $295 | 0.2 mi |
B 43215 Sunset Sold | $430,000 | 2 | 2 | 1,260 | $341 | 0.1 mi |
C 43131 Grizzly Sold | $425,000 | 3 | 2 | 1,000 | $425 | 0.2 mi |
D 1332 Siskiyou Drive Sold | $452,500 | 2 | 1 | 1,080 | $419 | 0.6 mi |
E 1120 Villa Grove Sold | $315,000 | 2 | 1 | 768 | $410 | 0.5 mi |
F 43213 Sand Canyon Road Sold | $449,000 | 3 | 2 | 1,408 | $319 | 0.3 mi |
G 901 Tehama Sold | $500,000 | 3 | 3 | 1,574 | $318 | 0.2 mi |
H 43291 Shasta Active | $474,000 List Price | 3 | 2 | 1,152 | $411 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this 51-year-old home is functional but significantly dated. While the flooring appears to have been updated, the kitchen cabinetry, appliances, and bathroom fixtures appear to be over 20 years old. The property is well-maintained but requires cosmetic updates and modernization to meet current market standards.
The property boasts breathtaking panoramic views of Big Bear Lake, the surrounding mountains, and the local golf course, providing a high-value aesthetic for a mountain retreat.
Ideally situated just minutes from world-class skiing, snowboarding, hiking trails, and the Big Bear Alpine Zoo, offering unparalleled access to the area's top tourist attractions.
The home features an open-concept floor plan with two separate living areas and an expansive balcony, maximizing the 1,248 square feet for entertaining and indoor-outdoor living.
Built in 1973, the property may require capital improvements or modernization of its original systems and finishes to meet the expectations of contemporary buyers.
The assigned elementary and middle schools have low performance ratings (2 and 3 respectively), which may limit the property's appeal to full-time families with school-aged children.
Welcome to 841 Menlo Dr. in the beautiful mountain community of Big Bear Lake! This charming 2-bedroom, 2-bathroom home offers breathtaking lake and mountain views and a spacious layout designed to enjoy everything Big Bear has to offer. Inside, you'll find two living areas and an open-concept floor plan, creating a comfortable space for relaxing, entertaining, or hosting family and friends. The expansive balcony is the perfect place to take in the stunning scenery and enjoy the fresh mountain air year-round. Additional features include a utility room, ample parking, and easy access to all the area's top attractions. Located just minutes from the public golf course, Big Bear Alpine Zoo, hiking and biking trails, and world-famous skiing and snowboarding resorts, this home is ideally situated for both full-time living and weekend getaways. Don't miss this opportunity to own a mountain retreat with incredible views and an unbeatable location. Schedule your private showing today!
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades K-6 • 2.9 mi
Grades 7-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,248 | 1,300 |
| Lot Size | 6,960 | 7,350 |
| Price | $450.0K | $600.7K |
| Price per sq ft | $361 | $413 |
| Built year | 1973 | 1968 |
| HOA | $0 | $1.2K |
| Days on market | 29 | 85 |
Jun 23, 2026
$450,000
Initial Listing