1040 W Rainbow
Big Bear City, CA, 92314
$349,999
MLS: IV26163129
Beds
3
Baths
1
Sq Ft
840
Lot
0.11 ac
Year Built
1965
MLS #
IV26163129
Days on Market
6
Listed
Jul 27, 2026
Description
Welcome to your mountain escape in the heart of Big Bear City—where rustic charm, modern comfort, and an unbeatable location come together. Nestled on a spacious, level corner lot in one of Big Bear City's most desirable neighborhoods, this beautifully maintained 3-bedroom, 1-bath cabin offers the perfect blend of year-round living, weekend adventure, or income-producing investment. Just minutes from Big Bear Lake, the Village, ski resorts, hiking trails, shopping, dining, the Big Bear Convention Center, and the famous Big Bear Snow Play area, you'll enjoy easy access to everything that makes mountain living so special. Step inside to a warm and inviting living room featuring a stunning soaring tongue-and-groove wood ceiling and a cozy fireplace—the perfect place to gather after a day on the slopes or relaxing by the lake. The thoughtfully designed single-story floor plan offers comfortable living with three bedrooms, making it ideal for families, guests, or those needing extra space for a home office. The home has been lovingly cared for and is move-in ready while still offering plenty of opportunity to personalize and make it your own over time. Outside, the level 5,000 sq. ft. corner lot provides generous parking, room for outdoor entertaining, and space to enjoy the fresh mountain air. One of the standout features is the detached garage with a finished bonus room, offering incredible flexibility as a game room, home office, gym, creative studio, guest retreat, or additional storage. This versatile space adds tremendous value and functionality rarely found at this price point. Whether you're searching for a primary residence, vacation home, or investment opportunity, this property checks all the boxes. With its excellent location, mountain character, versatile layout, and endless potential, this Big Bear City gem is ready for its next chapter. Don't miss your opportunity to own a piece of the mountains and start making memories in beautiful Big Bear City.
Location
Big Bear City, San Bernardino County, CA 92314
Open on Google Maps ↗Listed by: LITO HERNANDEZ · Century 21 Masters
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
$2,820
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $35,000 · Loan: $314,999
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,024
- Property tax (1.25%)
- $365
- Homeowners insurance
- $300
- Mortgage insurance
- $131
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 Big Bear City home with as little as 3.5% down using an FHA loan — roughly $12,250 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 Big Bear, CA 92314 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
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