42697 Cougar
Big Bear Lake, CA, 92315
$479,000
MLS: IG26082595
Beds
2
Baths
1
Sq Ft
912
Lot
0.17 ac
Year Built
1965
MLS #
IG26082595
Days on Market
1
Listed
Apr 16, 2026
Description
Welcome to your ideal Big Bear cabin retreat—where mountain charm, modern convenience, and unbeatable location come together. This inviting 2-bedroom, 1-bath home sits on a spacious 7,620 sq ft lot and offers that classic cabin feel buyers are looking for, complete with a cozy brick fireplace—perfect for snowy evenings and year-round ambiance. Step outside to a fully fenced, flat backyard designed for both relaxation and play. There’s plenty of room for pets, kids, and entertaining, plus an additional storage shed for all your mountain gear. The property also features ample parking for multiple vehicles—an absolute must for hosting guests or accommodating short-term rental stays with ease. Thoughtful upgrades include an updated electrical panel and an electric vehicle charger, blending rustic charm with modern-day functionality. Ideally located within walking distance to the Big Bear Alpine Zoo, Rathbun Creek Trail, shuttle parking for the ski slopes, and the lively Moonridge Corridor filled with shops and restaurants—this home puts you right in the center of everything Big Bear has to offer. Currently set up as a successful short-term rental, this property presents a fantastic opportunity as a primary residence, weekend escape, or income-producing investment.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: SARAH BENSON · RE/MAX BIG BEAR
Payment estimate
$3,627
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $47,900 · Loan: $431,100
- Principal & Interest
- $2,649
- Property tax (1.25%)
- $499
- Homeowners insurance
- $300
- Mortgage insurance
- $180
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $16,765 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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