$695,000
Original list price: $765,000
MLS: IG26150052
Beds
5
Baths
4
Sq Ft
2,012
Lot
0.20 ac
Year Built
1983
MLS #
IG26150052
Days on Market
29
Listed
Jul 9, 2026
Description
Investor Opportunity Just Steps from Snow Summit – Huge Value-Add Potential Opportunities like this are becoming increasingly rare. Located just an 8-minute walk from the Snow Summit ticket window, this cabin offers one of the most desirable locations in Big Bear for a short-term vacation rental. Guests can leave the car behind and walk to skiing, snowboarding, mountain biking, hiking, and year-round events. Access to the private street is conveniently through the Snow Summit parking lot. This is a true value-add opportunity. The cabin is ready for updating, giving the next owner the chance to renovate, modernize, and significantly increase both its appeal and rental income. With the right improvements, this property has the potential to become a highly sought-after vacation rental in one of Big Bear's strongest rental markets. The main cabin features a spacious floor plan with fireplaces in both the living room and the primary suite, creating the mountain atmosphere guests are looking for. Large decks on two levels overlook the forest, providing inviting outdoor living spaces perfect for relaxing after a day on the slopes or trails. Electrical service is already in place for a future spa—an amenity that can further enhance rental demand. A separate bonus unit with its own fireplace and full bathroom provides added flexibility. While it is not included in the official bedroom count, it offers valuable additional space for guests, a game room, home office, or private retreat. Parking for up to five vehicles is another significant advantage, especially for larger groups and vacation renters. A professional short-term rental income analysis estimates an average daily rate of approximately $554 with projected annual gross rental income of approximately $67,000. The analysis projects an annual income range of approximately $40,000 at the 25th percentile to as much as $105,000 at the 75th percentile, depending on management, occupancy, seasonality, and property upgrades. Whether you're looking for a personal mountain getaway with income potential or your next investment project, this property combines an exceptional location, renovation upside, and impressive short-term rental potential. Bring your vision and transform this diamond in the rough into one of Snow Summit's standout vacation rentals.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: TY SUTHERLAND · First Team Real Estate
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
$5,317
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,500 · Loan: $625,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,032
- Property tax (1.25%)
- $724
- Homeowners insurance
- $300
- Mortgage insurance
- $261
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 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $24,325 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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