986 Cameron Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 4 bed, 3 bath
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Big Bear Lake, California 92315
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $550,000—positioned well below the $600,821 Fair Market Value by 8%. This valuation gap provides $50,821 in Instant Equity. Boasting a Condition Rating of 2, the home features a Modern Granite Kitchen, A/C, and a Converted Garage Studio for rental flexibility. Located steps from the National Forest in the Bear Valley Unified district, it includes an Expansive Deck and Spa. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 986 Cameron Drive Subject | $550,000* List Price | 4 | 3 | 1,706 | $352 | - |
A 863 Ford Lane Sold | $570,000 | 4 | 4 | 2,100 | $271 | 0.7 mi |
B 41438 Oak Street Sold | $450,000 | 3 | 2 | 1,080 | $417 | 0.9 mi |
C 791 Knight Active Under Contract | $660,000 List Price | 3 | 2 | 1,600 | $413 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a turnkey kitchen with granite countertops and stainless steel appliances, updated bathrooms with contemporary wood-look tile, modern laminate flooring throughout, and a newer HVAC system, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1706.
Situated just behind The Village and steps from the National Forest, the property offers unbeatable access to hiking, skiing, and lake activities, making it a premier vacation destination.
The permitted 440 sq. ft. converted garage studio with its own kitchenette and bathroom provides a separate living space ideal for multi-generational use or maximizing short-term rental revenue.
The walk-through configuration of the secondary bedrooms in the main house may lack the privacy desired by some families or high-end rental guests.
Originally built in 1952, the home may require more diligent ongoing maintenance and potential system updates compared to newer mountain constructions.
Tucked just behind The Village and only steps from the National Forest, this special Big Bear cabin offers an unbeatable location for year-round adventure and relaxation. Enjoy immediate access to hiking, biking, sledding, and exploring, all while being less than a mile to the lake and just 2.5 miles to Snow Summit. The main home features 1 bedrooms plus a versatile 2 bedroom walk-through family style suite, 2 bathrooms, and the added comfort of A/C. A converted garage studio expands the living space with its own bedroom, bathroom, kitchenette, and cozy wood-burning stove—an excellent option for guests or additional rental flexibility. Total square footage includes the approximately 440 sq. ft. studio. Surrounded by peaceful mountain setting, this property invites you to unwind and enjoy all that Big Bear has to offer. Offered fully furnished and turnkey, it’s ready for immediate enjoyment or continued use as an income-producing rental.
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 | 1,706 | 1,488 | 56% |
| Lot Size | 8,400 | 8,000 | 54% |
| Price | $550.0K | $589.4K | 44% |
| Price per sq ft | $322 | $396 | 17% |
| Built year | 1952 | 1975 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 213 | 1% |
Apr 19, 2026
$550,000
Initial Listing
Aug 28, 2017
$230,000
Public Record