885 Menlo Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 1 bath
885 Menlo Drive
Big Bear Lake, California 92315
Property Price
SUMMARY
Analysis of 885 Menlo Drive, Big Bear Lake, California 92315 reveals a property with a current list price of $399,000, which is 10% above the estimated $355,131 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 Menlo Drive Subject | $399,000* List Price | 2 | 1 | 912 | $389 | - |
A 43344 Deer Canyon Road Sold | $353,800 | 3 | 1 | 960 | $369 | 0.3 mi |
B 1288 Balsam Drive Sold | $439,000 | 2 | 1 | 864 | $508 | 0.7 mi |
C 42547 Cedar Sold | $435,000 | 2 | 1 | 854 | $509 | 1.0 mi |
D 830 Villa Grove Avenue Sold | $403,000 | 2 | 1 | 1,118 | $360 | 0.5 mi |
E 43872 Mendocino Drive Sold | $450,000 | 2 | 2 | 1,024 | $439 | 0.8 mi |
F 1488 Rockspray Drive Sold | $400,000 | 3 | 2 | 1,120 | $357 | 0.7 mi |
G 43115 Moonridge Road Active | $429,900 List Price | 2 | 1 | 968 | $444 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1966, this A-frame home features a highly outdated kitchen with original-style wood cabinets, dated laminate countertops, and old white appliances. The single bathroom is also significantly aged with original fixtures and finishes showing wear. Throughout the property, extensive wood paneling, older carpet, and outdated light fixtures are prevalent. The listing description explicitly states it 'requires significant renovation/investment' and offers 'value-add upside,' confirming the need for substantial repairs and rehabilitation to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10439, living area = 912.
- Investment & Value-Add Potential
The property offers significant investment upside, including 'Big Beautiful Bill' tax incentives for developers, high short-term rental (STR) demand, and strong renovation returns, making it ideal for investors.
- Prime Location & Accessibility
Nestled in the highly sought-after Moonridge Estates, the cabin is steps away from Bear Mountain snow sporting, golf, the zoo, and various trails, enhancing its appeal for year-round tourism.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 912 sqft with 2 bedrooms and 1 bathroom, it is described as the 'smallest home' in the neighborhood, which may limit its appeal for larger families or groups without expansion.
- Requires Significant Renovation/Investment
Built in 1966, the listing highlights 'value-add upside' and the need to 'fix, expand,' indicating that substantial capital and effort will be required to modernize and maximize its potential.
- Limited Bathroom Count
With only one bathroom for a 2-bedroom plus loft property, this could be a practical inconvenience for occupants, especially if used as a short-term rental, potentially impacting guest satisfaction or occupancy rates.
About 885 Menlo Drive
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 10,439 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Baldwin Lane Elementary School
Grades K-6 • 1.7 mi
Big Bear Elementary School
Grades K-6 • 3.0 mi
Big Bear Middle School
Grades 7-8 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 912 | 1,716 | 13% |
| Lot Size | 10,439 | 8,182 | 65% |
| Price | $399.0K | $647.0K | 15% |
| Price per sq ft | $438 | $393 | 68% |
| Built year | 1966 | 1977 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 194 | 215 | 39% |
Pricing History
Listed for Sale
Aug 25, 2025
$399,000
Initial Listing