318 W Sherwood Boulevard
Big Bear City, CA, 92314
$314,000
MLS: SW23068293
Beds
2
Baths
1
Sq Ft
720
Lot
0.06 ac
Year Built
1976
MLS #
SW23068293
Days on Market
975
Listed
Apr 23, 2023
Description
Beautifully maintained gambrel cabin located on a quiet street in Big Bear City. This home has been meticulously maintained by the current owners for the last 20 years. This home has been a very successful short term rental and would make for a perfect opportunity to walk right in and start your own short term rental business as all furnishings, decorations, housewares and refrigerator are included in the sales price at no value. Or maybe a full time rental (which are in great demand right now) or use it for a perfect getaway home to enjoy all that Big Bear has to offer including 4 seasons of fun. Some of this homes most recent major improvements include: New roof in 2021 $18,000.00, New water heater in 2022, A Tuff Shed was added to back yard in 2017 that remains in like new condition and measures 15x8, Rinnai forced air wall heater was added approx. 15 years ago and works great, Exterior stain and paint approx. 5 years ago. Other great features include: Stone fireplace with log lighter, front and rear decks, peaceful back yard, bbq area, fenced yard, concrete driveway offers 2 off street parking spots. Opportunities like this one are rare so hurry and make it yours today, before someone else does. One of the sellers has a real estate license in California and Arizona.
Location
Big Bear City, San Bernardino County, CA 92314
Open on Google Maps ↗Listed by: Lee Cravens · Cravens Realty Group
Payment estimate
$2,481
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $31,400 · Loan: $282,600
- Principal & Interest
- $1,736
- Property tax (1.25%)
- $327
- Homeowners insurance
- $300
- Mortgage insurance
- $118
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 $10,990 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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