108 E Rainbow
Big Bear City, CA, 92314
$499,000
Original list price: $519,000
MLS: TR26141216
Beds
4
Baths
2
Sq Ft
1,260
Lot
0.14 ac
Year Built
1976
MLS #
TR26141216
Days on Market
37
Listed
Jun 29, 2026
Description
Perched high among the pines, this beautifully upgraded mountain home offers the perfect blend of privacy, stunning views, and investment potential. Whether you're searching for a full-time residence, weekend escape, or turnkey vacation rental, this exceptional property has it all. Offering 4 bedrooms and 1.5 bathrooms, the cabin has been thoughtfully updated while preserving its warm mountain charm. New laminate wood flooring flows throughout the home, complemented by fresh interior and exterior paint, a newer roof, newer water heater, newer fireplace, garbage disposal, downstairs bathroom, and central heating system. External tinted windows that mirror reflections throughout, provide enhanced privacy while still capturing the surrounding forest and mountain views. Wake up to peaceful mountain vistas from the primary suite, where enlarged windows and double French doors were added specifically to maximize the breathtaking scenery of wildlife and views from the comfort of your bed. Designed for indoor-outdoor mountain living, the expansive wraparound decks seamlessly extends into the backyard, creating the perfect space for entertaining, relaxing, or enjoying the peaceful surroundings. Just beyond the backyard, you'll find direct access to a beautiful public hiking trail that is primarily enjoyed by neighboring property owners, offering a tranquil outdoor experience right outside your door. During the winter months, the backyard transforms into your own snowy retreat, perfect for sledding, snow play, and year-round outdoor recreation. The long driveway accommodates up to about five vehicles, making it ideal for hosting family, friends, or vacation guests. Best of all, this property has a proven history of generating successful short-term rental income, with earnings that have consistently helped pay the mortgage, making it a smart investment and a beautiful place to escape to. Experience the best of mountain living where unforgettable memories, spectacular views, and exceptional income potential come together in one remarkable property.
Location
Big Bear City, San Bernardino County, CA 92314
Open on Google Maps ↗Listed by: Aryana Castaneda · WERE Real Estate
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
$3,893
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,886
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 $17,465 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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