ActiveSingleFamilyResidence

301 W Rainbow

Big Bear City, CA, 92314

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$365,000

MLS: IG26068748

Beds

2

Baths

2

Sq Ft

1,064

Lot

0.06 ac

Year Built

1968

MLS #

IG26068748

Days on Market

3

Listed

May 6, 2026

Description

Charming mountain home with serious upside. Just minutes from the lake, shopping, and local restaurants, this one checks the boxes for both convenience and getaway vibes. The downstairs bathroom has been recently updated, and you’ll find brand new carpet upstairs. Two cozy fireplaces anchor the living spaces, while a skylight on the second level brings in natural light. There’s also a third-floor loft—perfect for a kids’ hangout, game room, or extra sleeping space. The kitchen has been refreshed with new countertops, and the garage offers a bonus room ideal for projects, storage, or a weekend workshop setup. Whether you're looking for a weekend escape or a place to start building roots, this home delivers. Mountain living starts here. ___________________________________________________________________

Location

Big Bear City, San Bernardino County, CA 92314

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Listed by: RACHAEL SMITH · RE/MAX BIG BEAR

Payment estimate

$2,896

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $36,500 · Loan: $328,500

%
Principal & Interest
$2,079
Property tax (1.25%)
$380
Homeowners insurance
$300
Mortgage insurance
$137
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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 May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $12,775 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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.