Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

228 Lagunita

Big Bear Lake, CA, 92315

1 / 51View all 51 photos

$974,900

MLS: IG26052693

Beds

4

Baths

2

Sq Ft

1,476

Lot

0.15 ac

Year Built

2002

MLS #

IG26052693

Days on Market

17

Listed

Mar 13, 2026

Description

LAKEFRONT! Custom built TRUE log home with 7 inch logs on lake frontage on the beautiful Mallard Lagoon ~ Lake views from living room, living room deck and master bedroom deck ~ Newer upper and lower decks with low maintenance planks ~ Newer concrete driveway with rain grates installed ~ Kitchen boasts granite counter tops, stainless steel appliances and is open to the dining area and living room ~ Unwind in the living room, taken in by the vaulted ceiling and warmed by the extremely efficient wood burning stove fireplace or blast your air conditioning on the warm summer days ~ Your covered back deck off the living room is the ideal place to relax and barbeque with friends after a fun filled day and relish in your views of the lake ~ The master bedroom has remote controlled gas fireplace and private deck that is a perfect escape for some peaceful alone time staring at the lake ~ The property is zoned R3 ~ Half of the garage has been converted to a bonus room that is currently being used as the 4th bedroom ~ These are the original owners and they are now giving you the opportunity to create life long memories with your loved ones as they have for the last 20 years!

Location

Big Bear Lake, San Bernardino County, CA 92315

Open on Google Maps ↗

Listed by: Will Rahill · KELLER WILLIAMS BIG BEAR

Payment estimate

$7,072

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $97,490 · Loan: $877,410

%
Principal & Interest
$5,391
Property tax (1.25%)
$1,016
Homeowners insurance
$300
Mortgage insurance
$366
Open the full calculator →

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 Lake home with as little as 3.5% down using an FHA loan — roughly $34,122 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.

Similar Homes Nearby

Active and pending listings in ZIP 92315 (Big Bear Lake) within ±10% of this home's price and size.

Local Market Stats

See Big Bear, CA 92315 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

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access