42585 Falcon, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 1 bath
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Big Bear Lake, California 92315
This Turnkey Mountain Cabin is a High-Potential Investment Opportunity, listed at $449,000—positioned well below the $454,921 Fair Market Value by 1%. This valuation gap offers $5,921 in Instant Equity for the buyer. Featuring a Modernized Kitchen and a Newer Wood Deck, the property holds a Condition Rating of 2, ensuring it is move-in ready. Its prime location near the Moonridge Corridor and Bear Mountain makes it an ideal asset for Buy-and-Hold Investors or weekend retreat seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42585 Falcon Subject | $449,000* List Price | 3 | 1 | 1,102 | $413 | - |
A 42672 Cougar Road Sold | $400,000 | 3 | 1 | 1,104 | $362 | 0.2 mi |
B 42612 La Placida Sold | $483,000 | 2 | 2 | 1,204 | $401 | 0.1 mi |
C 42768 Alta Vista Sold | $399,900 | 2 | 2 | 1,293 | $309 | 0.3 mi |
D 43215 Sunset Sold | $430,000 | 2 | 2 | 1,260 | $341 | 0.8 mi |
E 42721 Willow Avenue Sold | $440,000 | 3 | 1 | 938 | $469 | 0.3 mi |
F 572 Douglas Street Active | $484,900 List Price | 2 | 2 | 1,271 | $382 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the property has undergone a high-quality recent renovation (likely within the last 5 years). The kitchen is fully modernized with a farmhouse sink, subway tile backsplash, and contemporary cabinetry. The interior features updated flooring, fresh paint, and a well-maintained loft, while the exterior boasts a newer wood deck and fresh paint, making it move-in ready with no immediate maintenance required.
Situated in the highly desirable Lower Moonridge area, the property is less than a mile from Bear Mountain Ski Resort, the golf course, and the Alpine Zoo, offering exceptional convenience for year-round activities.
The inclusion of a spacious loft provides valuable additional sleeping accommodations or a multi-purpose area, maximizing the home's utility for guests or as a short-term rental.
Its proximity to the Moonridge Corridor's shops and restaurants, combined with its location in a sought-after resort area, makes it an ideal candidate for a profitable vacation rental or weekend retreat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only one bathroom serving two bedrooms and a loft, the layout may be inconvenient for larger groups or families, potentially limiting its appeal compared to multi-bath homes.
The assigned elementary and middle schools carry low performance ratings, which could be a drawback for buyers looking for a primary residence with school-aged children.
Located in the desirable Lower Moonridge neighborhood, this well-positioned 2-bedroom, 1-bath mountain cabin offers the perfect blend of convenience and year-round recreation. The home features a spacious loft that provides additional sleeping accommodations or flexible living space, making it ideal for guests, a game room, or home office. Enjoy a prime location within walking distance of the Moonridge Corridor, offering an array of popular restaurants, shops, and entertainment. Less than one mile from the Big Bear Alpine Zoo, Bear Mountain Golf Course, and Bear Mountain Ski Resort, this property also provides easy access to the lake, Village, hiking and biking trails, and all that Big Bear has to offer. Whether you're searching for a full-time residence, weekend retreat, or income-producing investment property, this mountain getaway presents an exceptional opportunity in one of Big Bear's most sought-after locations.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades K-6 • 2.5 mi
Grades 7-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,102 | 1,300 |
| Lot Size | 5,000 | 7,350 |
| Price | $449.0K | $600.7K |
| Price per sq ft | $407 | $413 |
| Built year | 1980 | 1968 |
| HOA | $0 | $1.2K |
| Days on market | 8 | 85 |
Jul 14, 2026
$449,000
Initial Listing
Sep 10, 2020
$315,000
Public Record
Jun 28, 2006
$158,500
Public Record
Aug 1, 2003
$210,000
Public Record
Sep 18, 2002
$134,000
Public Record
Sep 2, 1994
$83,000
Public Record