
Big Bear City, California 92314
This property presents a High-Potential Investment Opportunity with a List Price of $238,000—positioned well below the $244,709 Fair Market Value by 2%. This valuation gap offers $6,709 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates to maximize its mountain retreat appeal. With a 2-bedroom, 1-bath layout and wood-burning stove, it is an ideal project for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Big Bear market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 867 Ash Subject | $238,000* List Price | 2 | 1 | 770 | $318 | - |
A 2136 5th Lane Active | $229,900 List Price | 2 | 1 | 780 | $295 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property features a mix of original elements and partial updates, such as newer stainless steel appliances and a renovated walk-in shower. However, the original oak cabinetry, dated lighting, and the listing's explicit mention that it 'needs TLC' and 'vision' place it in the Fair category, requiring cosmetic and minor system updates.
Priced competitively at $238,000, this property offers a rare opportunity to enter the Big Bear market at a lower price point with significant equity potential through renovation.
The home features classic cabin elements including warm wood flooring, a wood-burning stove, and an inviting front porch, perfect for a cozy mountain retreat.
Located in the sought-after Erwin Lake area, the property provides a peaceful setting with neighborhood and wooded views, ideal for those seeking a quiet getaway.
The property is explicitly noted as needing 'TLC,' suggesting that buyers will need to budget for immediate repairs and cosmetic upgrades to realize its full potential.
With only 770 square feet of living space and a small 2,250 square foot lot, the property may feel restrictive for larger families or those desiring significant outdoor space.
Cozy home in the desirable Erwin Lake area of Big Bear City, offering a great opportunity to create your own mountain retreat. This 2-bedroom, 1-bath home features warm wood flooring, a wood-burning stove, and a convenient walk-in shower. Enjoy the fresh mountain air from the inviting front porch, with additional storage provided by the exterior sheds. The property needs some TLC and is ready for someone with vision to bring out its full potential. A charming Big Bear getaway with plenty of opportunity to make it your own.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades 7-8 • 6.0 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 770 | 1,411.66 |
| Lot Size | 2,250 | 6,959.792 |
| Price | $238.0K | $431.2K |
| Price per sq ft | $309 | $327 |
| Built year | 1983 | 1991 |
| HOA | $0 | $200 |
| Days on market | 13 | 79 |
Aug 27, 2026
$238,000
Initial Listing
Oct 15, 2021
$299,000
Public Record
May 5, 2021
$269,500
Public Record
Nov 15, 2013
$97,500
Public Record