903 W Rainbow, Big Bear City, California 92314, Big Bear City, 92314 - 1 bed, 2 bath
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Big Bear City, California 92314
This Turnkey Dual-Cabin Mountain Retreat is listed at $449,000, compared to a $375,630 Fair Market Value, reflecting the premium value of its unique dual-unit configuration and extensive high-end upgrades. Boasting an Excellent Condition Rating, the property features two meticulously renovated studio cabins equipped with modern kitchens, mini-split HVAC, and a private dry sauna. Located on a 5,000 sq. ft. lot within the Bear Valley Unified School District, the home offers a fire-pit and EV charger. This versatile property is ideal for vacation home seekers or Owner-Occupants seeking a move-in-ready mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 903 W Rainbow Subject | $449,000* List Price | 1 | 2 | 679 | $558 | - |
A 777 W Aeroplane Sold | $317,500 | 2 | 1 | 652 | $487 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1947, these two studio cabins have undergone extensive, high-quality renovations within the last 5 years, meeting the criteria for excellent condition. The property features brand-new kitchens with high-end appliances and under-cabinet lighting, fully remodeled bathrooms, luxury vinyl flooring, and modern systems including mini-splits, tankless water heaters, and an EV charger. With new paint, composite decking, and updated fixtures throughout, the property is in turnkey condition with no deferred maintenance.
The property features two separate, fully renovated studio cabins with individual utility meters, offering exceptional potential for rental income, a multi-generational setup, or a private guest retreat.
Both units boast high-end finishes including new kitchens, mini-split systems, tankless water heaters, and an EV charger, ensuring a move-in-ready experience with minimal immediate capital expenditure.
Situated on a spacious 5,000 sq. ft. corner lot, the property includes a dry sauna, fire-pit, and horse-shoe pits, significantly enhancing its appeal as a vacation destination or weekend getaway.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5000, other record lot size in square feet = 2500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 679, other record living area = 371.
With both units being studios under 400 square feet, the limited interior space may restrict the pool of potential buyers or long-term tenants seeking more traditional bedroom layouts.
Originally constructed in 1947, the property may possess inherent architectural constraints or aging infrastructure typical of mid-century mountain cabins despite the extensive surface renovations.
A rare opportunity to own 2 beautifully renovated studio cabins on a spacious corner lot in the heart of Big Bear City. Each of these cabins are uniquely upgraded to enhance your living space, inside and out, and provide the perfect blend of charm, comfort, and versatility. Both units have new kitchens with high quality appliances and under cabinet lighting, fully remodeled baths, luxury vinyl flooring, built-in storage, mini-splits, tankless water heaters, new paint inside and out, composite decking and new rain gutters. Unit #903 has 375 sq.ft with a customized corner fireplace, new washer/dryer combo unit, new "Dutch" style front door and a new upstairs loft area which is currently used as a sleeping loft (not included in the living sq.ft). Unit 901 has 318 sq.ft with a custom entertainment center and closet, built in electric fireplace, up-and-down window shades, and built-in USB ports. Situated on 2 parcels totalling 5000 sq.ft, the newly landscaped, nicely treed lot is adorned with soft exterior lighting, new picket fencing, landscape rock, fire-pit and horse-shoe pits. There's plenty of room to park 3-4 cars or an RV/boat in either of the 2 separate driveways - one for each unit. Plus, there are 2 large storage sheds, an outdoor dry sauna and an EV Charger outlet. Both studio cabins have their own gas and electric meters, and they both come mostly furnished. Whether you’re looking for an income property, a weekend retreat, or multi-unit living, this property is truly a turnkey, one-of-a-kind property and ready to enjoy or generate income from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 679 | 1,405 | 6% |
| Lot Size | 5,000 | 7,226.5 | 31% |
| Price | $449.0K | $443.4K | 51% |
| Price per sq ft | $661 | $326 | 99% |
| Built year | 1947 | 1979 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 221 | 2% |
Feb 28, 2026
$449,000
Initial Listing
Apr 9, 2024
$350,000
Public Record
Oct 30, 2018
$235,000
Public Record
Feb 6, 2017
$195,000
Public Record
May 23, 2001
$78,000
Public Record