42577 Falcon Avenue
Big Bear Lake, CA, 92315
(No pictures available yet)
$485,999
MLS: IG26087586
Beds
2
Baths
2
Sq Ft
1,060
Lot
0.06 ac
Year Built
1997
MLS #
IG26087586
Days on Market
0
Listed
Apr 22, 2026
Description
Welcome to your perfect Big Bear getaway, located between both ski areas- where convenience meets mountain charm. With easy year-round access, this beautifully renovated two-story log-style home offers 1,060 sq ft of thoughtfully designed living space, ideal as a full-time residence, vacation retreat, or proven income property. Step inside to an inviting open floor plan featuring warm knotty pine walls and ceilings, wood-like laminate flooring, and a stunning rock fireplace that anchors the living room. Enjoy movie nights with the built-in projection TV, creating a true cabin experience with modern comfort. The updated kitchen is both stylish and functional, showcasing quartz countertops, stainless steel appliances, including a gas range, microwave hood, dishwasher, fridge, and sink, and a convenient breakfast bar for casual dining. With two spacious bedrooms and two bathrooms, one on each level, this home offers flexibility and privacy. The upstairs en suite bedroom features its own balcony, perfect for morning coffee or evening stargazing. Bathrooms are upgraded with tile flooring and marble finishes, complemented by custom fixtures throughout. Additional highlights include minisplit air conditioning, Nest-controlled central heating, and laundry hook-ups for added convenience. Outside, enjoy a well-deserved soak in your private spa after a day on the slopes or a day on the Lake. A fully fenced rear yard offers quiet relaxation as you dine on the deck. This location truly shines, just a short walk to Moonridge favorites like Dank Doughnuts, Moonridge Coffee House, the Alpine Zoo, and the ski shuttle, plus it's only about a half mile to Bear Mountain Ski & Golf Course and Snow Summit Ski Area. Currently a five-star rated Airbnb, this property offers both lifestyle and affordable investment appeal in one of Big Bear’s most sought-after neighborhoods. Furnishings are negotiable
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Michael Dolan · KELLER WILLIAMS BIG BEAR
Payment estimate
$3,756
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,600 · Loan: $437,399
- Principal & Interest
- $2,768
- Property tax (1.25%)
- $506
- Homeowners insurance
- $300
- Mortgage insurance
- $182
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $17,010 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.
$439,000
847 Silver Tip Drive
Big Bear Lake, 92315
(No photos yet)
$445,000
861 Thrush
Big Bear Lake, 92315
$447,000
41935 Switzerland Drive 53
Big Bear, 92315
$449,000
42537 Moonridge Road
Big Bear Lake, 92315
$449,000
148 Crystal Lake Road
Big Bear, 92315
$449,000
42769 Conifer Drive
Big Bear Lake, 92315
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.