2337 Lookout Drive
Running Springs, CA, 92382
$359,000
Original list price: $419,000
MLS: 25581625
Beds
2
Baths
3
Sq Ft
1,024
Lot
0.36 ac
Year Built
1957
MLS #
25581625
Days on Market
332
Listed
Aug 21, 2025
Description
PRICE IMPROVEMENT! NOW OFFERED AT $359,000! Incredible opportunity to own a beautifully remodeled mountain retreat with an approved Short-Term Rental license perfect as a vacation getaway, investment property, or full-time residence. Situated on an expansive 15,630 sq. ft. lot comprised of multiple lots (Lot 51,52,53,54 and 59) this unique property offers exceptional privacy, ample parking, outdoor storage, and exciting potential for future expansion or additional improvements (buyer to verify). Just a short stroll to Arrowbear Lake and only minutes from Snow Valley and Big Bear, this turnkey cabin features two spacious ensuite bedrooms, an open-concept living area with a cozy fireplace, and a large front deck surrounded by towering pines. Whether you're looking to generate rental income or create lasting family memories, this rare mountain property checks every box.
Location
Running Springs, San Bernardino County, CA 92382
Open on Google Maps ↗Listed by: Bijan Vaziri · EMC Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,891
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $35,900 · Loan: $323,100
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,083
- Property tax (1.25%)
- $374
- Homeowners insurance
- $300
- Mortgage insurance
- $135
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Running Springs home with as little as 3.5% down using an FHA loan — roughly $12,565 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Running Springs, CA 92382 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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