241 Orion Way
Big Bear, CA, 92315
$1,750,000
MLS: 260007595SD
Beds
5
Baths
5
Sq Ft
5,067
Lot
—
Year Built
2005
MLS #
260007595SD
Days on Market
124
Listed
Apr 1, 2026
Description
Welcome to 241 Orion Way — a mountain retreat tucked within the prestigious Castle Glen Estates of Big Bear Lake, where luxury meets the serenity of nature. From the moment you arrive, you’re greeted by timeless alpine architecture, towering pines, and the kind of peaceful setting that instantly makes you exhale. Inside, the home opens up to warm, inviting living spaces highlighted by soaring ceilings, expansive windows, and natural light that pours in while framing breathtaking forest views. The heart of the home is designed for connection — whether you're gathering around the fireplace on a snowy evening, hosting family dinners, or enjoying quiet mornings with a cup of coffee as the sun filters through the trees. Every space feels intentional, blending comfort with elevated mountain living. Step outside and you’ll discover the true magic of Big Bear living — crisp mountain air, star-filled skies, and room to unwind or entertain. Whether it’s cozy winter weekends or summer days spent exploring nearby trails and the lake, this home offers the perfect balance of escape and accessibility. And here’s what truly sets this property apart — it’s not just a retreat, it’s also a proven performer. With strong short-term rental history, this home generates approximately $75,000–$115,000 per year in rental income, making it an exceptional opportunity for both lifestyle and investment. Located in one of Big Bear’s most sought-after communities, Castle Glen Estates offers a refined mountain lifestyle just minutes from the lake, village, ski slopes, and year-round adventure.
Location
Big Bear, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Jeffrey Liao · Compass
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
$12,901
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $175,000 · Loan: $1,575,000
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,121
- Property tax (1.25%)
- $1,823
- Homeowners insurance
- $300
- Mortgage insurance
- $656
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 home with as little as 3.5% down using an FHA loan — roughly $61,250 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
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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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