42795 Cougar, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 3 bath
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42795 Cougar
Big Bear Lake, California 92315
ACTIVE
CONDITION: GOOD
5Beds
3Baths
1,508Sq Ft
10,201Lot Size
Property Price
LIST PRICE$514,900
EST. MARKET VALUE
$524,900
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $524,900—positioned well below the $569,811 Fair Market Value by 7%. This valuation gap offers $44,911 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent cosmetic updates, a private studio apartment, and panoramic ski-run views. With a large 10,201 sqft lot and approved expansion plans, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile mountain retreat.
Estimated Market Value
$524,900
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 |
|---|---|---|---|---|---|---|
★ 42795 Cougar Subject 5 bd · 3 ba · 1,508 sqft · $348 | $514,900* List Price | 5 | 3 | 1,508 | $348 | - |
A 828 Tehama Drive Sold 3 bd · 2 ba · 1,304 sqft · $341 · 0.5 mi | $445,000 | 3 | 2 | 1,304 | $341 | 0.5 mi |
B 42531 Cedar Avenue Sold 3 bd · 2 ba · 1,656 sqft · $388 · 0.5 mi | $641,850 | 3 | 2 | 1,656 | $388 | 0.5 mi |
C 42606 Avalon Road Sold 3 bd · 2 ba · 1,340 sqft · $410 · 0.3 mi | $549,000 | 3 | 2 | 1,340 | $410 | 0.3 mi |
D 43335 Bow Canyon Sold 4 bd · 2 ba · 1,440 sqft · $431 · 0.9 mi | $620,000 | 4 | 2 | 1,440 | $431 | 0.9 mi |
E 1134 Siskiyou Drive Sold 3 bd · 3 ba · 1,434 sqft · $321 · 0.9 mi | $460,000 | 3 | 3 | 1,434 | $321 | 0.9 mi |
F 42608 Cedar Sold 3 bd · 3 ba · 1,600 sqft · $375 · 0.4 mi | $600,000 | 3 | 3 | 1,600 | $375 | 0.4 mi |
G 42698 Fox Farm Sold 3 bd · 2 ba · 1,280 sqft · $404 · 0.5 mi | $517,000 | 3 | 2 | 1,280 | $404 | 0.5 mi |
H 42745 Tannenbaum Active 3 bd · 2 ba · 1,824 sqft · $328 · 0.3 mi | $599,000 List Price | 3 | 2 | 1,824 | $328 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1952, the property has undergone a very recent cosmetic renovation including brand-new carpet, fresh interior and exterior paint, new appliances (including washer/dryer and water heater), and a newly remodeled bathroom. While some elements like the wood paneling and windows remain dated, the home is well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10201, living area = 1508.
- Prime Ski-Resort Location
Situated in Lower Moonridge just 1/4 mile from the slopes, the property offers direct views of Snow Summit and Bear Mountain, making it a premier choice for winter sports enthusiasts.
- Income & Expansion Potential
Featuring a separate studio apartment with a private entrance and previously approved plans for a second garage/apartment, this property offers significant versatility for rental income or guest accommodations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Compact Layout
With 5 bedrooms configured within 1,508 square feet, the individual room sizes may feel small or the floor plan potentially congested for larger groups.
- Due Diligence Requirements
Prospective buyers must verify the current status of expired permits and local short-term rental regulations, which could impact future development or investment ROI.
About 42795 Cougar
SKIERS AND SNOWBOARDERS—LOCATION, LOCATION, LOCATION! Welcome to this one-of-a-kind LOWER MOONRIDGE property on a DOUBLE LOT approximately 1/4 mile from the slopes and RIGHT BETWEEN SNOW SUMMIT AND BEAR MOUNTAIN, offering DIRECT SKI-RUN VIEWS! This distinctive 5-bedroom, 2.5-bath Craftsman/Victorian custom redwood-built home offers mountain scenery and outdoor living spaces. A NEWLY SANDED AND STAINED 45-FOOT REDWOOD DECK overlooks your private forest and secluded tree-lined walkway, while the HUGE REAR TREX DECK captures Snow Summit and Bear Mountain ski-run views. At night, enjoy Snow Summit lights and the New Year’s Eve torch parade from both decks. The newly remodeled home features BRAND-NEW SHAW CARPET, NEW INTERIOR AND EXTERIOR PAINT, NEW APPLIANCES, including a new hot water heater, NEW ELECTROLUX WASHER AND DRYER, refrigerator and range, plus a NEWLY REMODELED BATHROOM. Additional features include a 1-CAR GARAGE plus a STUDIO APARTMENT AND LOFT WITH PRIVATE ENTRANCE. The property also includes PREVIOUSLY APPROVED PLANS FOR A 2-CAR GARAGE AND APARTMENT with SWEEPING SNOW SUMMIT SKI-RUN VIEWS. Buyer to verify current status of prior approvals, permits, plans, feasibility and specifications with appropriate agencies. Conveniently located near the zoo, golf course, Big Bear Lake, Rathbun Stream walking trail and bicycle paths, with pharmacies, grocery stores and restaurants within walking distance. The EXTRA-LONG DRIVEWAY provides RV PARKING plus room for approximately six additional vehicles and may allow expansion in width, subject to buyer verification and applicable requirements. Ideal for additional space, a mountain getaway, full-time residence or investment opportunity, with POTENTIAL SHORT- OR LONG-TERM RENTAL use, subject to applicable laws, regulations, permits and buyer verification. Seller currently maintains a standard homeowners insurance policy and does not utilize the CA FAIR PLAN. In addition, Seller is not aware of existing or proposed data centers in the immediate vicinity as of the listing date. Experience PRIVACY, mountain surroundings, blue skies, cooler temperatures and four distinct seasons—all from this special Lower Moonridge setting between Snow Summit and Bear Mountain.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 10,201 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Big Bear Lake Unified Schools
Baldwin Lane Elementary School
Grades K-6 • 2.2 mi
4/10
Big Bear Elementary School
Grades K-6 • 2.3 mi
2/10
Big Bear Middle School
Grades 7-8 • 1.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,508 | 1,542.393 |
| Lot Size | 10,201 | 7,922.562 |
| Price | $514.9K | $617.0K |
| Price per sq ft | $341 | $383 |
| Built year | 1952 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 41 | 74 |
Pricing History
Listed for Sale
Oct 17, 2026
$514,900
$524,900
-2% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$524,900
Initial Listing
Sold
Aug 26, 2014
$269,500
Public Record
Sold
May 23, 2001
$140,000
Public Record