
Big Bear Lake, California 92315
This Lakeside Condominium represents a Strong Value Opportunity, listed at $709,000—positioned slightly above the $684,514 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3, offering a turnkey, well-maintained asset with Panoramic Lake Views and Premium Community Amenities like a boat dock and pool. The versatile three-level layout, including a private guest suite, makes this an ideal choice for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a secondary mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40670 Big Bear Boulevard 5 Subject | $709,000* List Price | 3 | 3 | 1,880 | $364 | - |
A 40670 Big Bear 203 Sold | $620,000 | 3 | 3 | 1,880 | $330 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982 but has been well-maintained and updated over the years. The kitchen features granite countertops and the living areas have newer wood-look flooring. While some elements like the bathroom tile and cabinetry reflect an older mountain aesthetic, the home is move-in ready, functional, and currently operating as a successful rental.
This three-level condo offers stunning views of Big Bear Lake from every floor and includes four private decks, maximizing the mountain-lake aesthetic and outdoor living space.
The ground level features a private studio-style guest suite with its own fireplace, wet bar, and patio, providing excellent potential for short-term rental income or multi-generational living.
Residents enjoy exclusive access to a community boat dock and slips, an in-ground pool, and a spa, which are highly desirable features for both vacationers and full-time residents.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $690 is a significant recurring expense that may impact the overall affordability and net return on investment for buyers.
The three-level floor plan requires frequent stair usage to navigate between the garage, main living areas, and primary bedrooms, which may not appeal to all demographics.
Welcome to 40670 Big Bear Boulevard, Unit 5 — a gorgeous lake view condo in the heart of Big Bear that is close to the village and comes furnished! (Scroll down & checkout the video tours!) This stunning three-level condo offers nearly 1,900 square feet of living space with 3 bedrooms and 3 bathrooms, all showcasing incredible views of Big Bear Lake. The first level welcomes you with a single-car garage and a private guest suite — a spacious studio-style retreat complete with a fireplace, wet bar, and full bathroom, plus a sliding glass door leading out to the ground-level patio. Head upstairs to the main living level, where you'll find a bright living room with its own fireplace and a secondary deck overlooking Big Bear Lake, along with a beautifully appointed kitchen and a convenient ¾ bathroom. Up one more level, the primary suite awaits with a third private deck overlooking the lake and a large bathroom shared with the additional guest bedroom on this floor. This level also features a stackable washer and dryer for added convenience. A fourth patio/deck on the opposite side of the home overlooks the neighborhood community, offering even more space to relax and take in the mountain setting. Each sliding glass door throughout the home is fitted with an electronic roll-down shade for added convenience, privacy, and light control. The home has been thoughtfully updated and remodeled over the years while preserving the mountain charm and aesthetic that Big Bear living is all about. Set within a beautifully maintained community boasting mature landscaping and towering trees, residents enjoy sweeping views of Big Bear Lake and the surrounding mountains, plus access to the community dock and boat slips, an in-ground swimming pool, and a relaxing spa. You're just minutes to the slopes, multiple restaurants, and shopping, along with the gorgeous lake to enjoy all summer long. No matter what season you prefer, you're surrounded by opportunities for enjoyment year-round. This unit has been a highly successful short-term rental vacation property for the current owner and has also served as an amazing secondary residence. Whether you're looking to live in it full time, use it as an investment property within your portfolio, or enjoy it as a secondary vacation home up on the mountain, this is truly a magnificent choice! Don't miss this rare opportunity to own a true lakeside retreat in Big Bear!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,880 | 1,411.75 |
| Lot Size | 1,500 | 2,332 |
| Price | $709.0K | $483.0K |
| Price per sq ft | $377 | $354 |
| Built year | 1982 | 1981 |
| HOA | $690.0 | $797 |
| Days on market | 20 | 179 |
Aug 20, 2026
$709,000
Initial Listing