40356 Cliff Lane
Big Bear Lake, CA, 92315
$474,900
Original list price: $499,900
MLS: IG26139687
Beds
2
Baths
2
Sq Ft
1,271
Lot
0.11 ac
Year Built
1961
MLS #
IG26139687
Days on Market
51
Listed
Jul 8, 2026
Description
Ideally located near the Lake and The Village, this beautifully maintained single-level log-style retreat offers the ideal blend of mountain charm, comfort, and investment potential. Whether you're searching for a full-time residence, weekend getaway, or income-producing vacation rental, this turnkey property checks all the boxes. The spacious open-concept great room is designed for entertaining, featuring soaring vaulted ceilings with skylights, rich wood flooring, a striking native stone fireplace, and generous living, dining, and game areas complete with a pool table. The beautifully appointed kitchen showcases granite countertops, a breakfast bar, and quality custom cabinetry throughout. The private primary suite includes an en-suite bath with the added convenience of an integrated laundry area. Pride of ownership is evident throughout, with the home being exceptionally well cared for and move-in ready. Step outside to enjoy multiple outdoor living spaces, including front and rear decks, an upper deck with a private spa and lounge area, a log-accented carport, fenced backyard, and two storage sheds for all your mountain gear. Leave the car behind and enjoy an easy stroll to Big Bear Lake, The Village's restaurants, shopping, entertainment, and seasonal events. You're also just minutes from the National Forest, hiking and biking trails, Magic Mountain, the Alpine Slide, mountain coaster, miniature golf, and both ski resorts, making this an exceptional year-round destination. Offered fully furnished and turnkey, this home has an established history as a successful vacation rental, providing an outstanding opportunity to enjoy the mountain lifestyle while generating rental income.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: GARY DOSS · 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
$3,719
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $47,490 · Loan: $427,410
Average 30-yr fixed rate 6.66% as of Aug 27, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,747
- Property tax (1.25%)
- $495
- Homeowners insurance
- $300
- Mortgage insurance
- $178
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 Aug 27, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 5.98%
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 Lake home with as little as 3.5% down using an FHA loan — roughly $16,622 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 92315 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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