528 Cottage Lane
Big Bear Lake, CA, 92315
$719,000
Original list price: $749,900
MLS: IG25050664
Beds
—
Baths
—
Sq Ft
1,344
Lot
0.12 ac
Year Built
1938
MLS #
IG25050664
Days on Market
605
Listed
Mar 7, 2025
Description
Great opportunity to own a multi-unit property in the village area! All 4 of these 1 bedroom 1 bath cottages have been recently completely remodeled while leaving the rustic Big Bear Charm to them. Newer windows, wood paneling, newer floors, wood tile, fully remodeled bathrooms, newer plumbing including a new water lateral, new washer and dryer units at laundry room, New Mini-splits, New Insulation, New Siding, New Paint, New Drywall, and electrical. Open floor-plan kitchens, plus breakfast nook. The seller manages the short-term-rental unit, and the three other units are rented out full time on a month-to-month basis, so you can start making money as soon as escrow closes, or easily change tenants should you decide to do so. Located between Big Bear Lake and the Village, this property is ideal for visitors and tenants who work in the village, being just a block from the Village shops, dining, and events, as well as Pine Knot Landing! Each unit is metered individually with gas and electricity.
Location
Big Bear Lake, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Kenneth Simonds · KELLER WILLIAMS BIG BEAR
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
$5,729
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $71,900 · Loan: $647,100
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,410
- Property tax (1.25%)
- $749
- Homeowners insurance
- $300
- Mortgage insurance
- $270
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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $25,165 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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