1040 W Rainbow
Big Bear City, CA, 92314
$334,999
MLS: PW26001451
Beds
2
Baths
1
Sq Ft
840
Lot
0.11 ac
Year Built
1965
MLS #
PW26001451
Days on Market
69
Listed
Jan 6, 2026
Description
Welcome to this charming Big Bear City retreat, perfectly positioned in a quiet, centrally located neighborhood that offers both peace and convenience. Situated near the Big Bear Convention Center and popular snow play areas, this home provides easy access to year-round recreation while remaining just a short drive from the lake, the Village, local dining, shopping, and the ski resorts. This single-story home features two comfortable bedrooms and one well-maintained bathroom, making it an ideal first-time buyer opportunity, weekend getaway, or investment property. The interior has been lovingly cared for and remains in great condition, offering a solid foundation for the next owner to personalize and update over time. Its classic mountain charm creates a warm and welcoming atmosphere from the moment you step inside. Set on a spacious corner lot, the property offers excellent outdoor space and added privacy. A detached garage converted with a built-out bonus room, providing valuable flexibility—perfect for a home office, hobby space, workout room, or overflow sleeping area. This additional space adds versatility rarely found at this price point. Whether you’re looking for a full-time residence or a mountain escape, this home checks all the boxes: location, condition, charm, and potential. Ready to enjoy now and ready to grow with you, this property is a wonderful opportunity to own in Big Bear City and make it your own.
Location
Big Bear City, San Bernardino County, CA 92314
Open on Google Maps ↗Listed by: Nicholas LaBate · RE/MAX BIG BEAR
Payment estimate
$2,627
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $33,500 · Loan: $301,499
- Principal & Interest
- $1,852
- Property tax (1.25%)
- $349
- Homeowners insurance
- $300
- Mortgage insurance
- $126
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $11,725 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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