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ActiveSingleFamilyResidence

696 Menlo Drive

Big Bear Lake, CA, 92315

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$549,900

MLS: IG26131437

Beds

3

Baths

3

Sq Ft

1,588

Lot

0.24 ac

Year Built

1984

MLS #

IG26131437

Days on Market

41

Listed

Jun 22, 2026

Description

Nestled on a generous, tree-lined lot of over 10,000 square feet, this beautiful 3-bedroom, 2.5-bathroom retreat perfectly captures the classic Big Bear lifestyle. The journey inside begins with a level entry from a huge parking pad that comfortably accommodates three to four cars, making arrivals seamless in any season. The oversized lot is wrapped in mature trees, providing that highly sought-after "cabin in the woods" privacy while keeping you just minutes away from world-class skiing, hiking trails, golf course and Moonridge Zoo. Fantastic views of both ski slopes and partial lakeviews in the distance. Inside, the 1,588-square-foot home boasts the perfect mountain floor plan, offering an exceptional foundation to bring your own design ideas to life. While the interior is ready for some cosmetic updating, the bones and layout are exactly what buyers look for in an alpine getaway. The open-concept living area is framed by peaceful territorial views and centers around a cozy fireplace, creating an incredibly inviting space to warm up and unwind after a day out on the slopes or the water. Step outside onto the newer upper deck, an ideal sanctuary for entertaining, BBQing, or simply soaking in the crisp mountain air and tall pines. For those looking to add even more value, the property features a large build-up area below the home ripe for future expansion, whether you want to create a game room, workshop, or extra living quarters. This is a rare opportunity to customize a classic mountain home with incredible upside, great parking, and a premium lot. Price to sell.

Location

Big Bear Lake, San Bernardino County, CA 92315

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Listed by: GARY DOSS · 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

$4,259

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $54,990 · Loan: $494,910

%

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

Principal & Interest
$3,180
Property tax (1.25%)
$573
Homeowners insurance
$300
Mortgage insurance
$206
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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 Lake home with as little as 3.5% down using an FHA loan — roughly $19,247 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 Lake)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.