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ActiveSingleFamilyResidence

40577 Big Bear

Big Bear Lake, CA, 92315

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$429,800

MLS: CV26166784

Beds

3

Baths

1

Sq Ft

884

Lot

0.14 ac

Year Built

1949

MLS #

CV26166784

Days on Market

1

Listed

Aug 4, 2026

Description

Don't miss this rare opportunity to own a beautifully renovated mixed-use property in one of Big Bear Lake's most desirable locations. Ideally situated on Big Bear Boulevard, just moments from The Village and directly across from Big Bear Lake, this versatile property offers exceptional potential for homeowners, investors, and business owners alike. Extensively updated, the property features new flooring, new windows, a new heating system, a new roof, and numerous modern improvements, making it truly move-in ready. Title reflects a 2-bedroom, 1-bath home. A third bedroom was added by the tenant; buyer to verify permits and all property information to their satisfaction. The mixed-use zoning creates endless possibilities, including residential living, a ski or snowboard rental shop, kayak or paddleboard rental business, boutique retail, professional office, café, or other commercial uses. Buyer to verify all permitted uses with the City of Big Bear Lake. With outstanding frontage on Big Bear Boulevard, excellent visibility, year-round tourist traffic, and a location directly across from the lake and just minutes from The Village, this property presents an exceptional opportunity to live, work, or invest in one of Southern California's premier mountain destinations. Live Here. Work Here. Invest Here. Properties with this combination of location, flexibility, and value rarely become available.

Location

Big Bear Lake, San Bernardino County, CA 92315

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Listed by: Christopher Scribner · Elevate Real Estate Agency

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

$3,395

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $42,980 · Loan: $386,820

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$2,486
Property tax (1.25%)
$448
Homeowners insurance
$300
Mortgage insurance
$161
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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 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 Lake home with as little as 3.5% down using an FHA loan — roughly $15,043 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.

Similar Homes Nearby

Active and pending listings in ZIP 92315 (Big Bear Lake)within ±10% of this home's price and size.

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

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.