42795 Cougar Road
Big Bear Lake, CA, 92315
$525,000
MLS: V1-37035
Beds
5
Baths
3
Sq Ft
1,508
Lot
0.23 ac
Year Built
1952
MLS #
V1-37035
Days on Market
0
Listed
Jun 16, 2026
Description
5-bedroom Craftsman compound on a double lot with an income-producing attached apartment, city-approved plans for a two-car garage with ADU, and a 45-foot redwood deck with direct views of Chair 10 at Snow Summit. Short term rental - eligible and purpose-built for it: 5 private bedrooms with no shared walls including attached efficiency with separate entrance.The main house is built entirely of old-growth redwood. Each bedroom sits on a separate level with no shared walls. The centerpiece is a hand-crafted knotty pine great room with exposed beam ceilings, a fireplace, and wraparound forest views. The attached effieciency has its own entrance, kitchen nook, gas wall heater, and bathroom, allowing independent use or separate rental.Outside, a newly sanded and stained 45-foot covered redwood front deck faces the ski runs. A new composite back deck with Adirondack seating is enclosed by a fully fenced, level yard among old-growth pines. The vintage single-car garage with loft sits at street level.Recent upgrades include new Shaw carpeting, new interior and exterior paint, a remodeled bathroom with marble vanity and glass-enclosed shower, new Electrolux washer/dryer (5-year transferable warranty), and new stainless appliances. Gas heating stays on during power outages protecting the plumbing.Watch the New Year's torch parade and Fourth of July fireworks from the front deck. Walking distance to shuttle parking, Snow Summit, Bear Mountain, Rathbun Creek Trail, the golf course, and village restaurants. Double lot creates significant expansion potential.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: David Bartels · Everhome Realty, Inc.
Payment estimate
$4,036
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,993
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $18,375 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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