42788 Monterey
Big Bear Lake, CA, 92315
$399,999
Original list price: $435,000
MLS: IG26047507
Beds
2
Baths
2
Sq Ft
816
Lot
0.11 ac
Year Built
1975
MLS #
IG26047507
Days on Market
189
Listed
Mar 4, 2026
Description
Prime Moonridge location with a south-facing orientation and easy access to the paved pathway, Bear Mountain Ski Resort, the golf course, Alpine Zoo, scenic forest hiking and biking trails, plus local favorites like Moonridge Coffee and Dank Donuts. This stylish mountain home delivers both lifestyle and convenience. The reverse floor plan places the main living space upstairs, where vaulted wood-beamed ceilings and expansive windows bring in natural light and capture mountain and treetop views. A striking rock fireplace anchors the living room, while the kitchen and dining area flow comfortably for everyday living or hosting guests. A balcony just off the living and dining space extends entertaining outdoors and benefits from consistent sunshine throughout the day, along with easier winter snow melt thanks to the south-facing orientation. A bathroom is also conveniently located on this upper level. Downstairs, both bedrooms, a second bathroom, and laundry are positioned off the entry level, offering privacy and functionality. A dedicated mudroom with direct backyard access adds everyday practicality, and additional access from upstairs enhances indoor and outdoor flow. Multiple decks, a private hot tub with expansive sky views, and a flat, usable backyard create inviting outdoor space ideal for yard games, entertaining, or relaxing among the pines. Enjoy elevated, treehouse-like views while still benefiting from convenient access and parking. Whether you are searching for a vacation home, short-term rental investment opportunity, or full-time mountain residence, this property offers flexibility in one of Big Bear’s most established neighborhoods. Approximately 2.5 hours from Los Angeles, Orange County, and San Diego, weekend mountain escapes are simple and within easy reach.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: JONATHAN VASQUEZ · EXP REALTY OF CALIFORNIA INC.
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
$3,192
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $359,999
Average 30-yr fixed rate 6.71% as of Sep 3, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,325
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 Sep 3, 2026
- 30-year fixed
- 6.71%
- 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 $14,000 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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