Sherwood Arms Motel is nestled among the towering pines of Running Springs, this charming 9-unit motel with a dedicated separate manager's unit presents an exceptional investment opportunity in the heart of Southern California's mountain resort communities. Ideally situated just minutes from Snow Valley Mountain Resort, SkyPark at Santa's Village, Lake Arrowhead, and Big Bear Lake, the property is perfectly positioned to capture year-round tourism driven by skiing, hiking, mountain biking, fishing, and countless outdoor adventures.
The property features nine guest accommodations along with a separate on-site manager's unit, providing an ideal setup for owner-operation or on-site management. Guests enjoy a peaceful forest setting that offers the authentic mountain experience they seek while remaining conveniently located with easy access to Highway 330 and the countless recreational opportunities of the San Bernardino National Forest.
With strong demand for mountain lodging and continued growth in regional tourism, this property offers significant upside potential for an owner-operator or investor. Opportunities exist to enhance the guest experience through cosmetic renovations, modern branding, expanded amenities, or repositioning as a boutique mountain lodge.
Whether you're looking to expand your hospitality portfolio or own a turnkey lodging business in one of Southern California's most desirable recreational destinations, this rare property offers location, character, and tremendous income potential.
With the purchase comes an adjacent 10,959 sq ft lot APN # 0295-191-06-0000
Property Highlights:
9 guest units plus 1 dedicated manager's unit
Peaceful forest setting
Minutes to Snow Valley Mountain Resort, Lake Arrowhead, and Big Bear Lake
Year-round tourism market
Convenient access to Highway 330
Excellent owner-user or investment opportunity
Value-add potential through modernization and branding
For sale
$1,300,000
32075 Hilltop Dr, Running Springs, CA 92382
13beds
10baths
4,617sqft
Multi Family
Built in 1966
-- sqft lot
$1,207,800 Zestimate®
$282/sqft
$-- HOA
What's special
Peaceful forest setting
- 63 days
- 202
- 15
Zillow last checked:
Listing updated:
Listed by:
Michael Kreuz,
Re/Max Big Bear-Fox Farm
Source: Mountain Resort Communities AOR,MLS#: 32601571
Originating MLS: Big Bear Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 10
Heating
- Fireplace(s), Wall Furnace
Cooling
- Ceiling Fan(s)
Features
- Has fireplace: Yes
- Fireplace features: Insert
Interior area
- Total structure area: 4,617
- Total interior livable area: 4,617 sqft
Property
Parking
- Parking features: Parking Space(s)
Features
- Levels: One
- Stories: 1
- Frontage length: 145,145
Lot
- Size: 0.33 Acres
- Dimensions: 145 x 100
- Features: Level
- Topography: Level,Sloping
Details
- Parcel number: 0295191070000
- Zoning description: Commercial-Visitor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Resale
- Year built: 1966
Utilities & green energy
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Barbecue
Location
- Region: Running Springs
Financial & listing details
- Price per square foot: $282/sqft
- Date on market: 7/4/2026
- Listing agreement: Open
- Listing terms: Cash to New Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,207,800
$1.15M - $1.27M
$1,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $1,300,000+13%$282/sqft |
Source: | ||
| 4/7/2022 | Listing removed | -- |
Source: | ||
| 10/11/2021 | Pending sale | $1,150,000$249/sqft |
Source: | ||
| 10/11/2021 | Contingent | $1,150,000$249/sqft |
Source: | ||
| 8/20/2021 | Listed for sale | $1,150,000+312.2%$249/sqft |
Source: | ||
| 3/31/2015 | Listing removed | $279,000$60/sqft |
Source: Coldwell Banker Sky Ridge Realty #2150197 Report a problem | ||
| 3/25/2015 | Pending sale | $279,000$60/sqft |
Source: Coldwell Banker Sky Ridge Realty #2150197 Report a problem | ||
| 3/25/2015 | Listed for sale | $279,000$60/sqft |
Source: Coldwell Banker Sky Ridge Realty #2150197 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92382
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