40565 Big Bear
Big Bear Lake, CA, 92315
$715,000
Original list price: $739,000
MLS: OC26094367
Beds
—
Baths
—
Sq Ft
2,504
Lot
0.18 ac
Year Built
1979
MLS #
OC26094367
Days on Market
175
Listed
May 1, 2026
Description
RARE FIND! PROPERTY TYPE, LOCATION, AND FLEXIBILITY! A rare opportunity to own a flexible mixed-use asset in the heart of Big Bear Lake’s commercial and recreation corridor. Ideally positioned near the lake, marina, Big Bear Village shops, restaurants, and popular visitor destinations, this property offers the visibility and versatility that investors, owner-users, and entrepreneurs look for but seldom find in one location. The property features TWO units with a commercial/residential configuration, including a front commercial unit with two bathrooms and a rear residential unit with three bedrooms and two bathrooms. This flexible setup allows a future buyer to explore multiple possibilities, such as operating a business, creating a live/work concept, leasing one unit while occupying the other, or repositioning the property to meet long-term mountain-market demand. Potential uses may include owner-user, rental, office, service, or investment purposes, subject to buyer verification. With Big Bear’s strong tourism appeal, limited corridor frontage, and year-round demand from both visitors and residents, this is a property where location, visibility, and flexibility come together. Buyer and buyer’s agent to independently verify zoning, permitted uses, permits, square footage, parking, rental restrictions, short-term rental eligibility, income potential, and all property information with the City, County, title company, and appropriate professionals.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Ruby Truong · Finsight Group Inc.
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
$5,733
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $71,500 · Loan: $643,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,420
- Property tax (1.25%)
- $745
- Homeowners insurance
- $300
- Mortgage insurance
- $268
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $25,025 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.
★#1 Producing Individual Realtor, Antelope Valley
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