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ActiveSingleFamilyResidence

777 Iris Dr

Big Bear, CA, 92315

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$450,000

Original list price: $550,000

MLS: 260006098SD

Beds

2

Baths

1

Sq Ft

1,095

Lot

0.20 ac

Year Built

1973

MLS #

260006098SD

Days on Market

162

Listed

Mar 15, 2026

Description

Major Price Reduction – Fully Furnished & Turnkey with AB38 Clearance! Welcome to Lucky Bear Cabin, a beautifully updated 2-bedroom, 1-bath gambrel-style cabin offering 1,095 sq. ft. on a spacious lot just off Big Bear Blvd. Sold fully furnished, this move-in-ready mountain retreat is ideal as a primary residence, second home, or income-producing vacation rental. Over the past 5½ years, the owner has completed extensive upgrades, including a new 50-year metal roof, upgraded 200-amp electrical panel with dedicated circuits, dual-pane windows and new patio sliders, remodeled kitchen with stainless steel appliances, black composite granite sink and modern finishes, upgraded drywall and insulation, partially remodeled bath, luxury vinyl plank flooring, new water heater, wall heater and thermostat, 18,000 BTU mini-split A/C and heat in the loft, radiator in downstairs bedroom, updated lighting with chandelier, new asphalt driveway, convenient water shutoff installed by a licensed plumber, Blink security system, café string lights on a dimmer, and a private spa. Relax or entertain on the expansive raised deck and enjoy easy access to Big Bear Lake, ski resorts, shopping, dining, and year-round recreation. Lovingly enjoyed as both a private second home and a successful short-term rental, Lucky Bear Cabin is turnkey and ready for its next owner. tep outside to enjoy the expansive raised deck featuring updated railings, a BBQ, fire pit, cooler, storage, comfortable seating area, and a newly installed 4-person spa. A newly poured walkway and concrete pad provide easy access to this inviting outdoor retreat. The property also includes a lockable storage area beneath the cabin, perfect for tools, outdoor gear, and seasonal items. This fully furnished cabin is thoughtfully stocked and truly turnkey, complete with extra linens, towels, kitchen essentials, and even Christmas décor. Additional amenities include a foosball table, game closet, projector and screen, and outdoor games for year-round fun. On chilly mountain evenings, gather around the wood-burning fireplace, highlighted by a beautiful antique stained-glass fireplace screen that adds warmth and character to the living room. Lovingly maintained and enjoyed as both a private second home and a successful short-term rental, Lucky Bear Cabin offers the perfect blend of rustic charm, modern updates, and mountain comfort.

Location

Big Bear, San Bernardino County, CA 92315

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Listed by: Sandra Loefgren · LPT Realty, Inc

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

$3,537

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,000 · Loan: $405,000

%

Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$2,600
Property tax (1.25%)
$469
Homeowners insurance
$300
Mortgage insurance
$169
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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 Aug 20, 2026

30-year fixed
6.65%
15-year fixed
5.95%

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 $15,750 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

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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.