42587 Cedar, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 2 bed, 2 bath
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42587 Cedar
Big Bear Lake, California 92315
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
816Sq Ft
2,500Lot Size
Property Price
LIST PRICE$349,000
EST. MARKET VALUE
$356,686
SUMMARY
This Prime Investment Opportunity in Lower Moonridge is listed at $349,000, positioned well below the $356,687 Fair Market Value by 2%. This valuation gap provides $7,687 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with a private spa and Trex decking. While the interior reflects its 1985 build, the property serves as a stable Buy-and-Hold Investor asset or a weekend getaway for those seeking mountain charm in a high-demand rental market.
Estimated Market Value
$356,686
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42587 Cedar Subject | $349,000* List Price | 2 | 2 | 816 | $437 | - |
A 42683 Falcon Avenue Active | $409,000 List Price | 2 | 1 | 768 | $533 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is well-maintained but remains largely dated. The kitchen features original-style wood cabinetry, older white appliances, and laminate counters that exceed the 20-year threshold for modern updates. While the exterior shows pride of ownership with newer Trex decking and a private spa, the interior finishes and systems reflect the property's age and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Lower Moonridge neighborhood, this property offers excellent proximity to Big Bear’s top attractions, making it an ideal choice for a high-demand vacation rental or weekend getaway.
- Outdoor Amenities
The home features a private spa, low-maintenance Trex decking, and a freshly repainted front deck, providing a complete mountain retreat experience surrounded by mature pines.
- Turnkey Condition
This well-maintained, single-level residence is move-in ready with a functional layout and classic mountain charm, offering a seamless transition for the next owner without the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At just 816 square feet, the interior living space is relatively small, which may feel restrictive for larger groups or buyers seeking a more spacious primary residence.
- Underperforming Local Schools
The property is served by elementary and middle schools with low performance ratings (2 and 3 respectively), which could be a deterrent for families looking to relocate permanently.
About 42587 Cedar
Welcome to this clean and well-maintained 2-bedroom, 2-bath mountain home in desirable Lower Moonridge. The comfortable single-level layout features an open living and dining area, a brick fireplace, and a functional kitchen with bar seating. Both bedrooms offer plenty of space, while two full bathrooms make the home ideal for full-time living, weekend getaways, or a mountain investment. Outside, enjoy the freshly repainted front deck, low-maintenance Trex decking in the backyard, and a private spa surrounded by mature pines. Clean, inviting, and ready for its next owner—this is a great opportunity to own in one of Big Bear’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Big Bear Elementary School
Grades K-6 • 2.0 mi
2/10
Baldwin Lane Elementary School
Grades K-6 • 2.5 mi
4/10
Big Bear Middle School
Grades 7-8 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 816 | 1,503.603 |
| Lot Size | 2,500 | 7,837.809 |
| Price | $349.0K | $634.9K |
| Price per sq ft | $428 | $399 |
| Built year | 1985 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 12 | 68 |
Pricing History
Listed for Sale
Aug 28, 2026
$349,000
Initial Listing
Sold
Jul 27, 2015
$187,000
Public Record
Sold
Sep 6, 2012
$149,000
Public Record
Sold
Jun 13, 2008
$230,000
Public Record
Sold
Apr 6, 2004
$195,000
Public Record
Sold
Jul 7, 2000
$93,500
Public Record