565 Lakewood Lane
Big Bear, CA, 92315
$375,000
MLS: 26674561
Beds
1
Baths
1
Sq Ft
514
Lot
0.06 ac
Year Built
1942
MLS #
26674561
Days on Market
16
Listed
Apr 6, 2026
Description
Beautifully updated 1-bedroom, 1-bath mountain cabin ideally located in the heart of Big Bear Lake, just minutes from the Village, the lake, ski resorts, and year-round recreation. This centrally located property offers an exceptional opportunity as a primary residence, second home, or income-producing investment. The home features approximately 514 sq ft of thoughtfully designed living space on a 2,500 sq ft lot. Recent renovations include updated flooring, modern finishes, and an open-concept living area that maximizes space and natural light. The upgraded kitchen is equipped with newer appliances, updated cabinetry, and functional design. The bathroom has been tastefully improved with contemporary fixtures and finishes. Additional enhancements include a tankless water heater and efficient heating for year-round comfort. The exterior offers inviting outdoor living spaces, including a wraparound patio and multiple seating areas ideal for entertaining or relaxing in a mountain setting. A private jacuzzi spa provides added appeal for both personal enjoyment and guest experience. Currently operating as an active, licensed short-term rental, the property presents immediate income potential with established use. With its prime central location, modern updates, and desirable amenities, this property represents a compelling opportunity in the Big Bear market. Turnkey condition, proven rental use, and strong appeal for both investors and end users.
Location
Big Bear, San Bernardino County, CA 92315
Open on Google Maps ↗Listed by: Viktoriya Kim · Next Brokerage
Payment estimate
$2,905
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $37,500 · Loan: $337,500
- Principal & Interest
- $2,074
- Property tax (1.25%)
- $391
- Homeowners insurance
- $300
- Mortgage insurance
- $141
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 $13,125 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.
Similar Homes Nearby
Active and pending listings in ZIP 92315 (Big Bear) within ±10% of this home's price and size.
$339,000
40114 Esterly Lane
Big Bear, 92315
$355,000
542 Highland Road
Big Bear Lake, 92315
$374,999
42955 Encino
Big Bear Lake, 92315
$375,000
450 Georgia Street
Big Bear, 92315
$391,200
800 Eureka Drive
Big Bear Lake, 92315
$395,000
1163 Teton
Big Bear Lake, 92315
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.