
565 Lakewood Lane, Big Bear, CA 92315
565 Lakewood Lane, Big Bear, CA 92315
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
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 3 active · 4 closed
Big Bear · Single Family Residence
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.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1170 Vine | Big Bear | 1954 | 2 | 1 | 713 | 3,870 | $449 | $319,900 | 157 | 71 |
| 42979 Fern Avenue | Big Bear | 1963 | 2 | 1 | 684 | 2,500 | $534 | $365,000 | 145 | 71 |
| 336 Mojave | Big Bear | 1960 | 2 | 1 | 768 | 5,000 | $449 | $345,000 | 152 | 63 |
| Total: 3 · Average | 2.0 | 1.0 | 721.667 | 3,790 | $477.333 | $343,300 | 151.33333333333334 | |||
| Median | 713 | $345,000 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1029 Sequoia Drive | Big Bear | 1976 | 08/17/2026 | 2 | 1 | 720 | 2,725 | $274,900 | $275,000 | $382 | 1.00 | 43 | 69 |
| 901 Sugarloaf Boulevard | Big Bear | 1959 | 05/08/2026 | 2 | 1 | 694 | 5,000 | $315,000 | $305,000 | $439 | 0.97 | 62 | 68 |
| 727 Elysian Boulevard | Big Bear | 1973 | 09/25/2026 | 2 | 1 | 935 | 2,500 | $265,000 | $260,000 | $278 | 0.98 | 120 | 57 |
| 793 Rayo Lane | Big Bear | 1987 | 07/16/2026 | 2 | 2 | 1,062 | 5,307 | $499,000 | $507,000 | $477 | 1.02 | 133 | 38 |
| Total: 4 · Average | 2.0 | 1.3 | 852.75 | 3,883 | $336,750 | $336,750 | $394 | — | 89.5 | ||||
| Median | 935 | $305,000 | $305,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.