42921 Monterey Street
Big Bear, CA, 92315
$550,000
MLS: 26644737PS
Beds
3
Baths
2
Sq Ft
1,444
Lot
0.06 ac
Year Built
1988
MLS #
26644737PS
Days on Market
8
Listed
Jan 29, 2026
Description
Located in the Moonridge area of Big Bear Lake, this three-bedroom, two-bath cabin offers convenient access to nearby ski resorts, hiking trails, and year-round recreational amenities. The property contains approximately 1,440 square feet of living space and features an open floor plan with vaulted cathedral ceilings and skylights that provide ample natural light. Interior highlights include hardwood flooring and a wood-burning fireplace, contributing to a functional and comfortable living environment. The kitchen is open to the main living area and includes granite countertops and modern appliances, allowing for ease of use and entertaining. Exterior amenities include multiple decks, a fenced rear yard, and a spa, providing opportunities for outdoor enjoyment and relaxation. The property has been maintained and is suitable for personal use or as a short-term rental, subject to local regulations.
Location
Big Bear, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Tonya Edwards · HomeSmart Professionals
Payment estimate
$4,121
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $55,000 · Loan: $495,000
- Principal & Interest
- $3,041
- Property tax (1.25%)
- $573
- Homeowners insurance
- $300
- Mortgage insurance
- $206
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 home with as little as 3.5% down using an FHA loan — roughly $19,250 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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