
Big Bear Lake, California 92315
Analysis of 40565 Big Bear, Big Bear Lake, California 92315 is currently available with a list price of $739,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Big Bear Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 1979, the property has undergone visible interior renovations including a modernized kitchen with stainless steel appliances, updated laminate flooring, and a contemporary tile backsplash. The units appear well-maintained, functional, and move-in ready, suggesting a renovation within the 5-15 year range.
The dual-unit setup featuring both a commercial front and a 3-bedroom residential rear offers exceptional flexibility for live/work arrangements, dual income streams, or owner-user operations.
Situated in the heart of Big Bear Lake’s commercial and recreation corridor near the marina and Village, the property benefits from high foot traffic and excellent exposure for business use.
The property boasts rare, multi-aspect views of the lake, marina, and mountains, significantly enhancing its appeal for both short-term rental guests and commercial branding.
The heavy emphasis on buyer verification for zoning, permits, and short-term rental eligibility suggests potential regulatory hurdles that could impact specific investment strategies.
Built in 1979, the property may require significant modernization or capital improvements to meet contemporary commercial standards and high-end residential expectations.
RARE FIND! PROPERTY TYPE, LOCATION, AND FLEXIBILITY! A rare opportunity to own a flexible mixed-use asset in the heart of Big Bear Lake’s commercial and recreation corridor. Ideally positioned near the lake, marina, Big Bear Village shops, restaurants, and popular visitor destinations, this property offers the visibility and versatility that investors, owner-users, and entrepreneurs look for but seldom find in one location. The property features TWO units with a commercial/residential configuration, including a front commercial unit with two bathrooms and a rear residential unit with three bedrooms and two bathrooms. This flexible setup allows a future buyer to explore multiple possibilities, such as operating a business, creating a live/work concept, leasing one unit while occupying the other, or repositioning the property to meet long-term mountain-market demand. Potential uses may include owner-user, rental, office, service, or investment purposes, subject to buyer verification. With Big Bear’s strong tourism appeal, limited corridor frontage, and year-round demand from both visitors and residents, this is a property where location, visibility, and flexibility come together. Buyer and buyer’s agent to independently verify zoning, permitted uses, permits, square footage, parking, rental restrictions, short-term rental eligibility, income potential, and all property information with the City, County, title company, and appropriate professionals.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
| Baths | - | - | 0% |
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| Lot Size | - | - | 0% |
| Price | - | - | 0% |
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| Built year | 1979 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 1, 2026
$739,000
Initial Listing
Feb 26, 2015
$265,000
Public Record
Aug 19, 1996
$39,000
Public Record