Opening page…
Opening page…
Opening home details…
A UNIQUE OPPORTUNITY TO OWN ONE OF RUNNING SPRINGS MOST PROFITABLE INCOME GENERATING BUSINESSES. PLEASE DO NOT DISTURB TENANTS! (TENANTS ARE UNAWARE OF SALE). SHERWOOD ARMS MOTEL - Ten Private Units in the heart of the small mountain town of Running Springs. A separate adjacent vacant lot (.25 acres) is included in the price! Currently all units are rented to long term tenants on month to month lease agreements. All units are currently occupied. Many upgrades were made throughout the property including dual pane windows and roofing. All rooms enjoy a view of the tree tops, starry skies & large private yard. Located in town near Jensens market, post office, and local dining. Easy driving access from Hwy 330 & Hwy 18. Ski resorts are only 5 miles up the road. Most units have private outdoor space including decks or patios. All units include water, gas, electricity, trash removal, cable television and high speed internet service. Listing Agents are Officers of the Corporation of Ownership. Running Springs is 8 miles from Lake Arrowhead and 15 miles to Big Bear Lake.
Listing agent: PATRICK KENNEDY DRE #01849183 patrick@lakearrowheadkennedys.com, Listing office: RE/MAX LAKESIDE
MLS data updated 10/31/2026, 3:48:08 PM PT
Source: CRMLS, MLS #: EV21178167
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 3, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$925,000Closed sale · Mar 3, 2022ZIP 92382 · Mar 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.