
Big Bear Lake, California 92315
This 6-bedroom mountain residence represents a High-Potential Investment Opportunity, listed at $1,600,000—positioned above the $1,452,093 Fair Market Value. While priced at a premium, the property maintains a Good Condition Rating and offers a proven short-term rental history in Castle Glen Estates. Key features include an oversized game room, hot tub, and panoramic lake views. Despite lower-rated local schools, the home’s high-capacity layout and dual-scenic backdrop make it a compelling asset for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey vacation retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42324 Eagle Ridge Rd Subject | $1,600,000* List Price | 6 | 4 | 4,146 | $350 | - |
A 42545 Pegasus Sold | $1,280,000 | 5 | 4 | 3,776 | $339 | 0.4 mi |
B 42756 Tannenbaum Platz Sold | $1,125,000 | 5 | 3 | 3,664 | $307 | 1.0 mi |
C 361 Meadow Circle N Sold | $2,040,000 | 5 | 6 | 4,176 | $489 | 0.6 mi |
D 42133 Brownie Active | $1,400,000 List Price | 6 | 4 | 3,640 | $385 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is approximately 18 years old, placing it squarely in the 'Good' category. The kitchen and bathrooms feature functional granite and tile finishes with stainless steel appliances that are well-maintained and move-in ready. The overall structure and interior systems appear consistent with a high-end mountain home of this age.
Located in the prestigious Castle Glen Estates with 6 bedrooms and an established rental history, this property is a turnkey investment opportunity for short-term rental operators.
The home features an oversized game room with a wet bar and a comprehensive outdoor setup including a hot tub and horseshoe pit, ideal for large groups.
Residents enjoy a unique combination of front-facing lake and sunset views paired with a private, wooded setting backing onto Baker’s Pond.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The assigned elementary and middle schools have low ratings (2/10 and 3/10), which may decrease the property's attractiveness to permanent residents with school-aged children.
At over 4,100 square feet and operating as a high-capacity rental, the property likely demands significant ongoing maintenance and utility expenses to preserve its condition.
Lake views, a proven vacation-rental history, and a location in Castle Glen Estates—this is the kind of Big Bear Lake property that checks a lot of boxes. With 6 bedrooms, 4 bathrooms, a 3-car garage, and plenty of space to gather, this mountain home works just as well as a personal getaway as it does an established short-term rental. The views are one of the first things you’ll notice. The covered front porch and balconies look out toward Big Bear Lake, giving you a front-row seat for the fireworks and some incredible sunsets. Out back, the setting changes completely. The property backs to Baker’s Pond, creating a quiet, wooded backdrop for mornings on the deck and evenings in the hot tub. Inside, the layout was made for hosting. The main-level primary suite is joined by an additional bedroom and full bathroom downstairs, offering flexibility for guests and those who prefer fewer stairs. One of the biggest highlights is the oversized game room with a wet bar, pool table, ping pong, and shuffleboard—plenty to keep a full house entertained after a day on the mountain or lake. The fenced backyard adds even more usable space, with a horseshoe pit and expansive deck featuring a hot tub and BBQ area. The 3-car garage has room for vehicles, snow gear, lake toys, and everything that comes with the Big Bear lifestyle. Located in desirable Castle Glen Estates, you’re just minutes from Big Bear Lake, ski resorts, hiking trails, shopping, restaurants, and year-round recreation. With its size, views, amenities, established rental history, and sought-after location, this is a Big Bear Lake home that offers more than a weekend in the mountains—it gives you plenty of reasons to stay.
No exterior & parking available.
Grades K-6 • 2.1 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,146 | 1,503.603 |
| Lot Size | 14,000 | 7,837.809 |
| Price | $1.60M | $634.9K |
| Price per sq ft | $386 | $399 |
| Built year | 2008 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 2 | 68 |
Sep 7, 2026
$1,600,000
Initial Listing
Apr 23, 2021
$1,550,000
Public Record
Jan 3, 2017
$1,030,000
Public Record
Oct 16, 2015
$1,020,000
Public Record
Dec 15, 2009
$710,000
Public Record