845 Villa Grove, Big Bear Lake, California 92314, Big Bear Lake, 92314 - 2 bed, 1 bath
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Big Bear Lake, California 92314
This Value-Add Mountain Cabin is listed at $365,000, aligning with its $359,164 Fair Market Value. Currently holding a Condition Rating of 4, the property presents a clear path for forced appreciation through cosmetic modernization of its original 1971 finishes. Located in the premier Moonridge neighborhood near Bear Mountain Resort, the cabin features vaulted beam ceilings, a central fireplace, and an expansive 7,500 sqft lot. Its location within the Bear Valley Unified district and proximity to ski slopes drive consistent rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Villa Grove Subject | $365,000* List Price | 2 | 1 | 864 | $422 | - |
A 533 Villa Grove Sold | $385,000 | 3 | 2 | 1,066 | $361 | 0.3 mi |
B 436 Salem Drive Sold | $410,550 | 2 | 2 | 1,058 | $388 | 0.9 mi |
C 670 Villa Grove Avenue Active | $410,000 List Price | 2 | 1 | 916 | $448 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this cabin is well-maintained but remains largely in its original state, featuring dated wood paneling, older carpeting, and a kitchen with vintage cabinetry and appliances. While functional and charming, the property requires cosmetic modernization and likely system updates to meet contemporary standards, consistent with the listing's 'value-add' description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 864.
Situated in the highly sought-after Moonridge neighborhood, this cabin offers exceptional proximity to Bear Mountain Resort, Snow Summit, and the Big Bear Alpine Zoo, making it a premier choice for outdoor enthusiasts.
The property features classic woodsy interiors, vaulted beam ceilings, and a central fireplace, providing the quintessential cozy cabin atmosphere that is highly desirable for mountain retreats.
The home features only one bathroom to serve two bedrooms and a loft, which may be a constraint for larger groups or families and could limit its appeal as a high-capacity rental.
Built in 1971 and marketed as having 'value-add potential,' the property likely requires updates to its original systems and finishes to meet modern standards and maximize its market value.
Welcome to 845 Villa Grove, a charming cabin offering incredible value add potential. Nestled in the very desirable Moonridge neighborhood, this 2 bedroom, 1 bath home with a loft features a cozy, woodsy interior, vaulted beam ceilings, and a central fireplace, perfect for warm, inviting mountain evenings. Step out onto the spacious front deck and enjoy the ideal spot to relax, unwind, and take in the peaceful tree-lined views. This cabin is conveniently located near Bear Mountain Resort, the Big Bear Alpine Zoo, and both Snow Summit and Bear Mountain ski resorts. Whether you’re looking for a short term rental opportunity, a second home, or a full-time mountain retreat, this property offers endless potential. Don’t miss the chance to make this cabin your own piece of Big Bear paradise. PRICE RANGE $348,000-$365,000
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 864 | 1,405 | 12% |
| Lot Size | 7,500 | 7,274 | 53% |
| Price | $365.0K | $439.4K | 24% |
| Price per sq ft | $422 | $326 | 86% |
| Built year | 1971 | 1979 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 221 | 11% |
Jan 12, 2026
$365,000
Initial Listing
Jun 27, 1997
$70,000
Public Record