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ActiveSingleFamilyResidence

42204 Heavenly Valley Road

Big Bear, CA, 92315

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$785,000

Original list price: $847,000

MLS: 226004205

Beds

3

Baths

2

Sq Ft

1,753

Lot

0.28 ac

Year Built

1988

MLS #

226004205

Days on Market

34

Listed

Sep 18, 2026

Description

Single story designer's dream home situated on a huge lot on one of the most coveted streets in Big Bear Lake. This enchanting property is nestled in a prime location just minutes away from Snow Summit, Bear Mountain and Big Bear Lake making it a haven for hikers, cyclists, winter and water sports enthusiasts. Enjoy the serene beauty of the lake and explore the vibrant atmosphere of The Village, known for its charming shops, delightful dining options, and lively entertainment. Convenience is at your doorstep with nearby shopping centers, ensuring all your needs are met. The home boasts many custom upgrades, enhancing its charm and functionality. Enter the family room and be greeted by vaulted ceilings and a custom bay window that gives you that great room feeling to the kitchen and dining room. Cozy up by the fireplace on chilly evenings, creating the perfect ambiance for relaxation.The home features recessed lighting adding a modern touch to its elegant design. The large deck offers an ideal space for outdoor entertaining or simply soaking in the breathtaking surroundings. Whether hosting a summer barbecue on the deck or enjoying a quiet morning coffee in the front courtyard that will undoubtedly become a favorite spot. You will appreciate the detached ''kiddie'' condo/ playhouse in the backyard, providing a safe and fun space for children to play and explore (adults not allowed)! The spacious 2-car garage, complete with workspace for tools, attic storage, outdoor gear, and seasonal items, keeps your home organized and clutter-free.Imagine living in a home where every detail has been thoughtfully designed to create a harmonious blend of style and comfort. The custom upgrades, combined with the exceptional location, make this property a unique opportunity for buyers seeking a primary residence, a vacation home, or an investment property.

Location

Big Bear, San Bernardino County, CA 92315

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Listed by: Judi Lewis · Coldwell Banker Realty

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

$6,265

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $78,500 · Loan: $706,500

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,853
Property tax (1.25%)
$818
Homeowners insurance
$300
Mortgage insurance
$294
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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 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 home with as little as 3.5% down using an FHA loan — roughly $27,475 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)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.