903 W Rainbow
Big Bear City, CA, 92314
$449,000
MLS: IG26044379
Beds
1
Baths
2
Sq Ft
679
Lot
0.11 ac
Year Built
1947
MLS #
IG26044379
Days on Market
5
Listed
Feb 28, 2026
Description
A rare opportunity to own 2 beautifully renovated studio cabins on a spacious corner lot in the heart of Big Bear City. Each of these cabins are uniquely upgraded to enhance your living space, inside and out, and provide the perfect blend of charm, comfort, and versatility. Both units have new kitchens with high quality appliances and under cabinet lighting, fully remodeled baths, luxury vinyl flooring, built-in storage, mini-splits, tankless water heaters, new paint inside and out, composite decking and new rain gutters. Unit #903 has 375 sq.ft with a customized corner fireplace, new washer/dryer combo unit, new "Dutch" style front door and a new upstairs loft area which is currently used as a sleeping loft (not included in the living sq.ft). Unit 901 has 318 sq.ft with a custom entertainment center and closet, built in electric fireplace, up-and-down window shades, and built-in USB ports. Situated on 2 parcels totalling 5000 sq.ft, the newly landscaped, nicely treed lot is adorned with soft exterior lighting, new picket fencing, landscape rock, fire-pit and horse-shoe pits. There's plenty of room to park 3-4 cars or an RV/boat in either of the 2 separate driveways - one for each unit. Plus, there are 2 large storage sheds, an outdoor dry sauna and an EV Charger outlet. Both studio cabins have their own gas and electric meters, and they both come mostly furnished. Whether you’re looking for an income property, a weekend retreat, or multi-unit living, this property is truly a turnkey, one-of-a-kind property and ready to enjoy or generate income from day one.
Location
Big Bear City, San Bernardino County, CA 92314
Open on Google Maps ↗Listed by: ANNETTE KARNES · EXP REALTY OF SOUTHERN CA. INC
Payment estimate
$3,419
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,900 · Loan: $404,100
- Principal & Interest
- $2,483
- Property tax (1.25%)
- $468
- Homeowners insurance
- $300
- Mortgage insurance
- $168
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 City home with as little as 3.5% down using an FHA loan — roughly $15,715 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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