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ActiveSingleFamilyResidence

429 Arroyo Drive

Big Bear, CA, 92315

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$499,000

Original list price: $550,000

MLS: 26806235

Beds

2

Baths

1

Sq Ft

1,024

Lot

0.06 ac

Year Built

1970

MLS #

26806235

Days on Market

97

Listed

Apr 26, 2026

Description

Remodeled and updated 2-bed, 1-bath Mid-Century Modern retreat in one of Big Bear Lake's most serene and central neighborhoods. This home offers a unique location providing easy access to the lake as well as Big Bear Village shopping and dining. Meticulously reimagined by the current owner, the home's iconic gambrel architecture, defined by high beamed ceilings and wood details, has been beautifully accentuated by sleek contemporary finishes. Stepping beyond the entryway, the vaulted open living area serves as the inviting heart of the home, anchored by a brick fireplace which highlights the home's cozy ambiance and mid-century design. The space flows effortlessly into an updated kitchen and a sophisticated main-floor bathroom, complete with a custom vanity and refined finishes. The second-floor primary bedroom features an architectural floor-to-ceiling window with stunning forest views, while the additional guest bedroom offers a cozy and restful space.The layout maximizes natural light, emphasizing the beautiful wooded setting. Outside, the living area extends onto an expansive deck, ideal for outdoor dining or enjoying the mountain lifestyle with friends and family. The home also features a private backyard area with an additional outdoor deck. With level parking and a convenient central location, this home ensures seamless year-round access to the best of the lake and slopes.

Location

Big Bear, San Bernardino County, CA 92315

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Listed by: John McNicholas · Compass

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

$3,893

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$2,886
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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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 Jul 30, 2026

30-year fixed
6.66%
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 home with as little as 3.5% down using an FHA loan — roughly $17,465 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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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.