881 Paine Road, Big Bear, California 92315, Big Bear, 92315 - 4 bed, 3 bath
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Big Bear, California 92315
This Renovated Mountain Estate is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,326,382 Fair Market Value by 9%. This valuation gap provides $126,382 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the residence features a modernized quartz kitchen, heated driveway, and panoramic lake views from multiple decks. Backing directly to the National Forest within the Bear Valley Unified district, it offers a premium lifestyle. This is an ideal acquisition for Vacation Home Buyers or Owner-Occupants seeking a turnkey alpine sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 881 Paine Road Subject | $1,200,000* List Price | 4 | 3 | 3,224 | $411 | - |
A 40944 Seneca Trail Active | $1,150,000 List Price | 4 | 3 | 2,936 | $392 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, this property has been extensively and tastefully renovated within the last 5 years, meeting the criteria for excellent condition. The kitchen is fully modernized with white shaker cabinets, quartz countertops, a farmhouse sink, and high-end stainless steel appliances. Bathrooms have been completely updated with contemporary black subway tile, marble-topped vanities, and modern fixtures. The home features consistent high-quality wood-look flooring, updated lighting, and premium amenities like a heated driveway, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14064, living area = 3224.
Situated on a quiet cul-de-sac backing directly to the National Forest, providing immediate access to hiking and biking trails and a serene, private setting.
The property boasts breathtaking, unobstructed views of both Big Bear Lake and the surrounding mountains from multiple decks and living areas, significantly enhancing its value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3224, other record living area = 2897. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1991, the large 3,224 sqft structure and extensive wood decking may require significant ongoing maintenance and upkeep typical of older mountain properties.
The multi-level layout, with the primary suite and additional bedrooms located on the second floor, may pose accessibility challenges for some buyers.
Take your breath away views from Ironwood Estates! If you have been dreaming & searching for a custom home near the Village, look no further. This home has been tastefully updated and is situated on a quiet cul-de-sac with spectacular views of the lake & mountains. The National Forest is located just behind your backyard with hiking & biking trails for the summer & winter snow play. Main level features a bedroom, updated bath, large kitchen, dining area, great room with a rock fireplace, bar area & opens to the front deck to provide a beautiful outdoor living space. The second level features a large master retreat with a fireplace, walk-in closet, vaulted T & G ceilings, updated bathroom, & your own deck to enjoy the views. There are 2 additional bedrooms upstairs & an updated bath. Heated driveway system with plenty of parking & a parking pad. Centrally located to the village, lake, marinas & a short drive to the ski slopes! This home will make a perfect second home or vacation rental with its spacious living and phenomenal location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 3,224 | 1,486 | 92% |
| Lot Size | 14,064 | 8,000 | 81% |
| Price | $1.20M | $589.7K | 86% |
| Price per sq ft | $372 | $397 | 39% |
| Built year | 1991 | 1976 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 213 | 1% |
Apr 10, 2026
$1,200,000
Initial Listing
Oct 21, 2021
$955,000
Public Record
Aug 31, 2020
$785,000
Public Record
Jan 23, 2018
$725,000
Public Record
Apr 2, 2008
$900,000
Public Record
Sep 30, 2004
$900,000
Public Record
Jul 19, 1994
$324,000
Public Record