
Big Bear Lake, California 92315
Analysis of 41205 Terrapin Road, Big Bear Lake, California 92315 is currently available with a list price of $1,089,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1999, the property is 25 years old and falls into the Fair category based on age. While the home is exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature dated finishes and white appliances consistent with the original construction period.
The property backs directly to the National Forest, providing unparalleled privacy and immediate access to hiking and biking trails right from the backyard.
Features both an attached two-car garage and an additional extra-large detached garage, offering rare and ample space for boats, off-road vehicles, and mountain gear.
Boasts soaring vaulted ceilings, grand timber beams, and a floor-to-ceiling river rock fireplace, creating a luxurious and quintessential cabin aesthetic.
The lake views are described as 'peekaboo,' which may not meet the expectations of buyers specifically seeking a primary or unobstructed waterfront perspective.
At a list price of over $1M for a 1,888 sq. ft. home built in 1999, the property sits at a high price point that may require the interior finishes to be fully modernized to justify the investment.
Gorgeous Sunset Views & Backing to National Forest! Perched atop a scenic hill with peekaboo lake views stretching over Big Bear, this 1,900-square-foot mountain treasure is the ultimate escape. The home immediately captivates with soaring vaulted ceilings, grand timber beams, and a magnificent floor-to-ceiling river rock fireplace. High-elevation windows frame spectacular, unobstructed wilderness views, where only trees and distant water meet the eye. Backing directly to the National Forest, you’ll enjoy ultimate privacy with immediate access to hiking and biking trails. While it feels entirely removed from the world, the village, ski slopes, and lake are all just minutes away. You will love the architectural features of the open concept layout with views from every window, the spacious primary suite, and the grand ambiance of this remarkable cabin. This offering is completed by an attached two-car garage plus an additional, extra-large detached garage for all your mountain toys. We invite you to come and experience the charm and tranquility of this truly unique property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,888 | 1,503.603 |
| Lot Size | 24,480 | 7,837.809 |
| Price | $1.09M | $634.9K |
| Price per sq ft | $577 | $399 |
| Built year | 1999 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 20 | 68 |
Aug 20, 2026
$1,089,000
Initial Listing
Jun 21, 2004
$550,000
Public Record
Jun 7, 2002
$486,000
Public Record