885 Menlo Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath
ACTIVE$399,000
885 Menlo Drive, Big Bear Lake, California 92315
2Beds
1Bath
912Sqft
10,439Lot
Price Vs. Estimate
The estimated value ($366,700.08) is $32,299.92 (8%) lower than the list price ($399,000). This property may be overpriced.
Key pros and cons
Top Pros:
Iconic Mountain Views: The property boasts iconic 180° Bear Mountain views, a highly desirable feature in the Big Bear market.
Top Cons:
Smallest Home in Neighborhood: At 912 sqft, it is noted as the smallest home in a sought-after neighborhood, which may limit its appeal to buyers seeking more space.
Compared to the nearby listings
Price:$399.0K vs avg $637.5K ($-238,450)13%
Size:912 sqft vs avg 1,714 sqft14%
Price/sqft:$438 vs avg $39666%
More Insights
Built in 1966 (59 years old).
Condition: Built in 1966, this A-frame property is 58 years old and shows significant signs of age with no apparent major renovations in decades. The kitchen features very dated light wood cabinets, white laminate countertops, older white appliances, and fluorescent strip lighting. The bathroom is equally outdated with an old vanity, strip lighting, and basic fixtures. Throughout the home, there is extensive wood paneling and older carpeting. The listing description itself explicitly mentions 'Older Construction & Renovation Needs' and 'value-add upside,' indicating that substantial rehabilitation is required to bring the property up to modern standards, aligning with the 'poor' condition criteria.
Year Built
1966
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
CV25192095
Home ConditionPoor
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)
About this home
Charming A-Frame with Iconic Views + Investment Upside! Nestled in Moonridge Estates, this charming 2BD/1BA + loft A-frame is the smallest home in one of Big Bear’s most sought-after neighborhoods, offering massive value-add upside. Enjoy iconic 180° Bear Mountain views, a generous lot with expansion potential, and Big Beautiful Bill tax incentives for developers and investors. With year-round tourism, high STR demand, and comps supporting significant renovation returns, this is a rare chance to own in exclusive Moonridge Estates at an entry-level price point. Fix, expand, or short term lease the cabin is your gateway to strong long-term ROI in Big Bear’s booming investment market. Steps to Bear Mountian snow sporting, golf, zoo, trails & more!
Nearby schools
4/10
Baldwin Lane Elementary School
Public,•K-6•1.7mi
2/10
Big Bear Elementary School
Public,•K-6•3.0mi
3/10
Big Bear Middle School
Public,•7-8•2.6mi
6/10
Big Bear High School
Public,•9-12•1.9mi
Condition Rating
Poor
Built in 1966, this A-frame property is 58 years old and shows significant signs of age with no apparent major renovations in decades. The kitchen features very dated light wood cabinets, white laminate countertops, older white appliances, and fluorescent strip lighting. The bathroom is equally outdated with an old vanity, strip lighting, and basic fixtures. Throughout the home, there is extensive wood paneling and older carpeting. The listing description itself explicitly mentions 'Older Construction & Renovation Needs' and 'value-add upside,' indicating that substantial rehabilitation is required to bring the property up to modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Iconic Mountain Views: The property boasts iconic 180° Bear Mountain views, a highly desirable feature in the Big Bear market.
Prime Location & Amenities: Nestled in the sought-after Moonridge Estates, it offers immediate access to Bear Mountain snow sports, golf, the zoo, and various trails.
Strong Investment Potential: High short-term rental (STR) demand, significant value-add upside, and available Big Beautiful Bill tax incentives make it attractive for investors.
Generous Lot with Expansion Potential: A substantial 10,439 sqft lot provides ample space for future expansion or development, enhancing long-term value.
Entry-Level Price in Exclusive Area: This property offers a rare opportunity to own in the exclusive Moonridge Estates at an entry-level price point, making it accessible for new investors or homeowners.
Cons
Smallest Home in Neighborhood: At 912 sqft, it is noted as the smallest home in a sought-after neighborhood, which may limit its appeal to buyers seeking more space.
Older Construction & Renovation Needs: Built in 1966, the property likely requires significant renovation and updates to maximize its potential and meet modern standards, as implied by its 'value-add upside'.
Listing Price vs. Estimated Value: The current listing price is 9% higher than the automated estimated value, suggesting it may be slightly overvalued based on current market analytics.