858 Norwood Lane, Big Bear, California 92314, Big Bear, 92314 - 2 bed, 1 bath
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Big Bear, California 92314
This Classic Gambrel-Style Cabin represents a Strong Value Opportunity in the Erwin Lake market. Listed at $279,000, the property is positioned at its $279,000 Fair Market Value, offering a stable entry point into Big Bear real estate. Featuring a Vintage Condition Rating, the home boasts a wood-burning rock fireplace and beamed ceilings on a rare level, fenced lot with concrete parking. Located within the Bear Valley Unified School District near Big Bear High School, the 1979 infrastructure provides significant upside for modernization. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 858 Norwood Lane Subject | $275,000* List Price | 2 | 1 | 1,008 | $273 | - |
A 820 A Lane Sold | $240,000 | 2 | 1 | 872 | $275 | 0.1 mi |
B 2060 2nd Lane Sold | $206,000 | 2 | 1 | 660 | $312 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this cabin is well-maintained but retains much of its original vintage character. While functional and move-in ready, the kitchen and bathroom finishes, along with the overall infrastructure, are outdated and show signs of age consistent with a 45-year-old property that has not undergone a comprehensive modern renovation.
The property features desirable gambrel-style architecture with rustic beamed ceilings and a wood-burning rock fireplace, offering the quintessential cabin experience sought after in Big Bear.
Unlike many mountain properties, this cabin sits on a level lot with concrete parking and a fenced yard, ensuring easy year-round access and functional outdoor space.
Priced competitively at $279,000 following recent price adjustments, this home serves as an accessible entry point into the Erwin Lake market for investors or first-time vacation home buyers.
With only one bathroom for two spacious bedrooms, the layout may pose a challenge for larger groups or families, potentially impacting its performance as a short-term rental.
Constructed in 1979, the property likely requires modernization of its systems and cosmetic finishes to meet the expectations of contemporary buyers and improve energy efficiency.
Classic gambrel-style cabin in a peaceful Erwin Lake neighborhood. Features include beamed ceilings, a wood-burning rock fireplace, an eat-in kitchen, and two spacious bedrooms with one bath. The level, fenced lot with concrete parking offers easy access and year-round convenience. A solid investment opportunity in Big Bear.
No exterior & parking available.
Grades K-6 • 2.2 mi
Grades 7-8 • 6.1 mi
Grades 9-12 • 1.8 mi
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 | 1,008 | 1,405 | 22% |
| Lot Size | 2,400 | 7,226.5 | 3% |
| Price | $275.0K | $439.4K | 11% |
| Price per sq ft | $273 | $325 | 19% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 146 | 221 | 21% |
Mar 29, 2026
$275,000
$279,000
-1% Price Drop
Initial Listing
Feb 27, 2026
$279,000
$292,500
-5% Price Drop
Initial Listing
Jan 24, 2026
$292,500
$299,000
-2% Price Drop
Initial Listing
Nov 27, 2025
$299,000
Initial Listing
Jul 31, 2017
$135,000
Public Record
Jul 31, 2009
$95,000
Public Record
Nov 18, 1999
$54,000
Public Record