1040 W Rainbow Boulevard, Big Bear, California 92314, Big Bear, - bed, bath
ACTIVE$359,000
1040 W Rainbow Boulevard, Big Bear, California 92314
2Beds
1Bath
840Sqft
5,000Lot
Year Built
1965
Close
-
List price
$359K
Original List price
$388K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
219137150DA
Home ConditionPoor
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods
About this home
A Two-Bedroom, One-Story Cabin Located On A Quiet Corner Lot In Big Bear. Conveniently Close To Local Attractions Such As Restaurants, Snow Play Hill, Skiing, Snowboarding, Shopping, Hiking Trails, A Golf Course, And The Convention Center, Which Is Currently Hosting Oktoberfest. The Cabin Features Two Bedrooms, A Full Bathroom, And A Large Living Room With A Fireplace And A Soaring Tongue-And-Groove Ceiling. There Is A Detached Garage, Which Is Currently Configured As A Bonus Room And Storage Area. Plenty Of Off-Street Parking On A Level Lot Is Also A Huge Plus.
Price History
Date
Event
Price
11/05/25
Price Change
$359,000-7.5%
10/17/25
Listing
$388,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (180 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 41% |
| Baths | 1 | 2 | 29% |
| Square foot | 840 | 1,301 | 23% |
| Lot Size | 5,000 | 7,210 | 34% |
| Price | $359K | $425K | 38% |
| Price per square foot | $427 | $357 | 80% |
| Built year | 1965 | 1979 | 19% |
| HOA | |||
| Days on market | 19 | 180 | 1% |
Condition Rating
Poor
Built in 1965, this property is significantly aged. The kitchen features extremely outdated wood cabinets, pink laminate countertops, and older appliances, indicating no major renovation in 30-50+ years. The bathroom is similarly dated with green tiles and fixtures. While the structure appears sound, the critical areas of the kitchen and bathroom require substantial rehabilitation and modernization to meet current standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Exceptional Location: Situated on a quiet corner lot, the cabin offers convenient access to Big Bear's prime attractions including restaurants, ski resorts, shopping, hiking trails, a golf course, and the Convention Center.
Charming Interior Features: The property boasts a large living room with a cozy fireplace and a distinctive soaring tongue-and-groove ceiling, enhancing its rustic cabin appeal.
Flexible Bonus Space: A detached garage has been thoughtfully configured as a bonus room and storage area, providing valuable additional functional space.
Ample Off-Street Parking: The level lot provides plenty of off-street parking, a significant advantage in a popular tourist destination like Big Bear.
Scenic Views: The property offers desirable views of mountains and trees, contributing to a serene and picturesque living environment.
Cons
Significant Overpricing Relative to Estimated Value: The current listing price of $359,000 is 23% higher than the estimated property value of $298,174.06, which could deter potential buyers or indicate an overvaluation.
Older Construction: Built in 1965, the property is over 50 years old, which may imply a need for updates to systems or aesthetics, and potential for deferred maintenance.
Limited Size and Amenities: With only 2 bedrooms, 1 bathroom, and 840 sqft, the cabin offers limited living space and amenities, which might not suit all buyer needs, especially for larger groups or those seeking more modern comforts.