42493 Catalina Road, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
Loading property details...
Big Bear Lake, California 92315
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $474,900—positioned well below the $502,695 Fair Market Value by 5%. This valuation gap offers $27,795 in Instant Equity. With a Good Condition Rating, the home features a 2023 roof, new flooring, and a spacious Trex deck. Located in the Moonridge neighborhood near the Rathbun Creek Trail, it offers a seamless lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready property with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42493 Catalina Road Subject | $474,900* List Price | 3 | 2 | 1,200 | $419 | - |
A 526 Catalina Road Active | $559,000 List Price | 3 | 3 | 1,297 | $431 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1977, the property has undergone significant recent renovations including a new roof (2023), new dual-pane windows, a new water heater, and new flooring (LVP and carpet). The bathrooms are updated and the home is move-in ready. Although the kitchen cabinetry and wood paneling are dated, the major systems and recent maintenance qualify it as Good.
The property features a new roof (2023), new dual-pane windows, new flooring, and a new water heater, significantly reducing immediate capital expenditure and maintenance concerns for the buyer.
The large 14,400 sqft level lot is a major asset in a mountain community, providing easy vehicle access and parking during snowy winter months without the hazards of a steep driveway.
Designed as an ideal retreat, the home includes a dedicated mudroom for gear storage and a large deck for outdoor living, maximizing the utility of its 1,200 square foot footprint.
Built in 1977, the property may still have some aged core components or architectural styles that reflect its nearly 50-year age despite the recent surface-level renovations.
With three bedrooms squeezed into 1,200 square feet, the individual room sizes and common areas may feel somewhat confined for larger families or groups.
NEW ROOF IN 2023 | NEW FLOORING | LARGE FLAT LOT/NO SLOP | NEW DUAL PANE WINDOWS | NEW WATER HEATER | NEW TREX DECK WITH RAILS | 2 LARGE SHEDS | MOONRIDGE NEIGHBORHOOD | You have ARRIVED! Your dream mountain retreat awaits in beautiful Big Bear Lake! Situated on a large flat lot, this property offers easy parking and convenient access during snowy winter months without the worry of steep slopes or icy driveways. As you enter the home, you’re welcomed by a functional mudroom with closet space — perfect for storing jackets, boots, and mountain gear. The main level features a hallway connecting the updated full bathroom and three comfortable bedrooms. Brand new super soft plush carpet has been installed throughout the bedrooms and living room, while the hallways and bathrooms feature stylish new LVP flooring. Upstairs, you’ll find an updated half bath along with a spacious family room featuring a cozy fireplace that opens seamlessly to the kitchen, creating the ideal gathering space for family and friends. Step outside from the family room onto the large trex deck, complete with rails and stairs leading directly down to the yard — perfect for entertaining, relaxing, or enjoying the fresh mountain air. The sliding glass door leading to the deck has also been updated. Additional upgrades include a new roof installed in 2023, new exterior paint in 2025, and new interior paint on main level in 2024. Just behind the property is the newly developed Rathbun Creek Trail, which is about a 1.1 mile loop walking path in the Moonridge neighborhood. This property is conveniently located near Big Bear Lake, Snow Summit and Bear Mountain ski resorts, local markets, shopping, and outdoor recreation, this home is the perfect full-time residence, vacation getaway, or investment opportunity. Don't miss out! Schedule your tour today!
No exterior & parking available.
Grades K-6 • 1.9 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,408 | 37% |
| Lot Size | 14,400 | 7,644.5 | 83% |
| Price | $474.9K | $571.5K | 38% |
| Price per sq ft | $396 | $392 | 52% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 213 | 1% |
May 27, 2026
$474,900
Initial Listing
Jun 26, 1995
$76,000
Public Record