
Big Bear Lake, California 92315
This Renovated Mountain Condominium is a Strong Value Opportunity, listed at $525,000—positioned well below the $562,160 Fair Market Value by 6%. This valuation gap offers $37,160 in Instant Equity for the incoming buyer. Boasting a Turn-key Condition Rating, the interior features a modern kitchen with stone countertops, stainless appliances, and an optimal three-bathroom layout. Located in a prime resort area with Mountain and Forest Views, the property benefits from high rental demand and consistent appreciation. This is an exceptional acquisition for Short-Term Rental Investors or Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 861 Thrush 62 Subject | $525,000* List Price | 2 | 3 | 1,088 | $517 | - |
A 41935 Switzerland Drive 89 Sold | $530,000 | 2 | 2 | 1,095 | $484 | 0.3 mi |
B 41865 Switzerland Drive 8 Sold | $515,000 | 2 | 2 | 1,020 | $505 | 0.1 mi |
C 41935 Switzerland Drive 100 Active | $624,900 List Price | 3 | 3 | 1,210 | $516 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone an extensive recent renovation. It features a modern kitchen with stainless steel appliances and stone countertops, fully updated bathrooms with contemporary tiling and fixtures, and new flooring and lighting throughout. It is in turn-key condition with no visible deferred maintenance.
Situated in the highly desirable Big Bear Lake area, this property offers serene mountain and forest views, making it an ideal vacation retreat or high-potential short-term rental.
Featuring three bathrooms for two bedrooms, the layout provides exceptional convenience and privacy for guests, which is a significant competitive advantage in the mountain rental market.
The property demonstrates a consistent upward trend in value with a solid sales history, representing a stable investment in a year-round destination.
Built in 1973, the property may require capital improvements or modern updates to address aging systems and maintain competitiveness with newer builds.
With a lot size of only 782 square feet, the property offers minimal private land, which may be a drawback for buyers seeking significant outdoor living or yard space.
Exceptional opportunity in Big Bear Lake. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,088 | 1,091.5 | 50% |
| Lot Size | 782 | 690 | 60% |
| Price | $525.0K | $387.5K | 80% |
| Price per sq ft | $483 | $357 | 70% |
| Built year | 1973 | 1980 | 20% |
| HOA | $330.0 | $380 | 30% |
| Days on market | 62 | 316 | 20% |
Feb 20, 2026
$525,000
Initial Listing
Oct 4, 2021
$455,000
Public Record
Aug 31, 2018
$308,000
Public Record
Oct 10, 2014
$200,000
Public Record