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565 Lakewood Lane, Big Bear, CA 92315

$365K1bd · 1ba · 514 sqft
Lot 2,500 sqft•Single Family Residence•
Active
•172d on market•MLS# 00-26674561

Property Description

Beautifully updated 1-bedroom, 1-bath mountain cabin ideally located in the heart of Big Bear Lake, just minutes from the Village, the lake, ski resorts, and year-round recreation. This centrally located property offers an exceptional opportunity as a primary residence, second home, or income-producing investment. The home features approximately 514 sq ft of thoughtfully designed living space on a 2,500 sq ft lot. Recent renovations include updated flooring, modern finishes, and an open-concept living area that maximizes space and natural light. The upgraded kitchen is equipped with newer appliances, updated cabinetry, and functional design. The bathroom has been tastefully improved with contemporary fixtures and finishes. Additional enhancements include a tankless water heater and efficient heating for year-round comfort. The exterior offers inviting outdoor living spaces, including a wraparound patio and multiple seating areas ideal for entertaining or relaxing in a mountain setting. A private jacuzzi spa provides added appeal for both personal enjoyment and guest experience. Currently operating as an active, licensed short-term rental, the property presents immediate income potential with established use. With its prime central location, modern updates, and desirable amenities, this property represents a compelling opportunity in the Big Bear market. Turnkey condition, proven rental use, and strong appeal for both investors and end users.

Features & Amenities

FeeBuilt 1942

Property Details

Land Type
Fee
Year Built
1942
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Wall Furnace
Flooring
Laminate
City
Big Bear
Zip Code
92315
County
San Bernardino
Listed byNext Brokerage, Viktoriya Kim

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,845.64
Principal & Interest
Loan Amount
$292,000
Total Interest
$372,430
Total Payment Over 30 Years
$664,430
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 4 closed

565 Lakewood Lane, Big Bear, CA 92315

Big Bear · Single Family Residence

$365K
Affordable Tier
Beds
1
Baths
1
Sqft
514
Lot
2,500 sqft
Year
1942
$/Sqft
$710
Pool: No✓
Spa: Yes✓

Listed 25.9% above the median closed sale of $290,000. Price per sqft ($710) is a 80% premium to closed comps ($394).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $365K· $710/sqft
Total list price
Closed comps
vs closed median $305K
+$60K (+19.7%)
Active comps
vs active median $345K
+$20K (+5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $477
+$233 (+48.7%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1170 VineBig Bear1954217133,870$449$319,90015771
42979 Fern AvenueBig Bear1963216842,500$534$365,00014571
336 MojaveBig Bear1960217685,000$449$345,00015263
Total: 3 · Average2.01.0721.6673,790$477.333$343,300151.33333333333334
Median713$345,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1029 Sequoia DriveBig Bear197608/17/2026217202,725$274,900$275,000$3821.004369
901 Sugarloaf BoulevardBig Bear195905/08/2026216945,000$315,000$305,000$4390.976268
727 Elysian BoulevardBig Bear197309/25/2026219352,500$265,000$260,000$2780.9812057
793 Rayo LaneBig Bear198707/16/2026221,0625,307$499,000$507,000$4771.0213338
Total: 4 · Average2.01.3852.753,883$336,750$336,750$394—89.5
Median935$305,000$305,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.