904 Raleigh Drive, Big Bear City, California 92314, Big Bear City, 92314 - 5 bed, 2 bath
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Big Bear City, California 92314
This 5-bedroom mountain residence represents a High-Potential Investment Opportunity, listed at $549,900—positioned above the $515,281 Fair Market Value. While the property requires updates due to its Condition Rating of 4, the 11,250 sqft lot and open-concept design provide a solid foundation for value-add renovations. Its capacity for high-occupancy makes it a strategic asset for Buy-and-Hold Investors seeking short-term rental income, or Owner-Occupants looking to personalize a spacious mountain retreat near Bear Valley Unified schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 904 Raleigh Drive Subject | $549,900* List Price | 5 | 2 | 1,732 | $298 | - |
A 457 Woodside Sold | $660,000 | 4 | 2 | 1,625 | $406 | 0.2 mi |
B 1120 W Sugarpine Road Sold | $560,000 | 4 | 2 | 1,753 | $319 | 0.3 mi |
C 467 Woodside Drive Sold | $670,000 | 5 | 3 | 2,048 | $327 | 0.2 mi |
D 489 Woodside Drive Sold | $480,000 | 3 | 2 | 1,500 | $320 | 0.2 mi |
E 1161 Sugarpine Active | $499,900 List Price | 3 | 2 | 1,705 | $293 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 46-year-old home is well-maintained but features dated interior finishes such as older carpeting and Saltillo-style tile. While functional and move-in ready, the kitchen and systems appear to be over 20 years old without recent major renovations, necessitating future updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11250, living area = 1732.
With five bedrooms, this property offers exceptional capacity for large families or high-yield short-term rental opportunities in a popular mountain vacation destination.
Situated in the desirable Pinewood Estates on a generous 11,250 sqft lot, the home provides a private, treed setting while remaining minutes from ski resorts and the lake.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The home features five bedrooms but only two bathrooms, which may present logistical challenges for large groups and limit its appeal for high-occupancy utility.
Built in 1978, the property may require capital improvements or aesthetic modernizations to compete with newer builds and meet contemporary buyer expectations.
Enjoy the best of mountain living while being just minutes from the lake, ski resorts, hiking trails, shopping, and dining. Located in the sought-after neighborhood of Pinewood Estates, this home offers the perfect blend of comfort, charm, and convenience. Ideal as a full-time residence, weekend getaway, or investment opportunity, the home features an open-concept kitchen and living area that creates a spacious and inviting atmosphere. Relax on the spacious deck surrounded by towering pines, perfect for afternoon BBQs or peaceful mountain evenings. The backyard setting offers added privacy and a peaceful mountain atmosphere with beautiful natural surroundings to enjoy year-round.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,732 | 1,440 | 69% |
| Lot Size | 11,250 | 7,228 | 87% |
| Price | $549.9K | $435.0K | 70% |
| Price per sq ft | $317 | $321 | 46% |
| Built year | 1978 | 1979 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 226 | 2% |
May 21, 2026
$549,900
Initial Listing
Sep 17, 2021
$530,000
Public Record
Feb 11, 2003
$285,000
Public Record
Oct 19, 2001
$199,500
Public Record