43005 Monterey, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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Big Bear Lake, California 92315
This Turnkey Moonridge Mountain Cabin is a High-Potential Investment Opportunity listed at $699,900—positioned well below the $707,301 Fair Market Value by 1%. This valuation gap offers $7,401 in Instant Equity. Boasting a Condition Rating of 2, the home features a Chef’s Kitchen with Wolf Appliances, a Tesla Charger, and a Spa with Forested Views. Fully furnished with a proven short-term rental history in the Bear Valley Unified District, this asset qualifies for 100% bonus depreciation. It is ideal for Vacation Rental Investors or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43005 Monterey Subject | $649,900* List Price | 3 | 2 | 1,574 | $433 | - |
A 42527 Willow Sold | $700,000 | 3 | 2 | 1,659 | $422 | 0.7 mi |
B 750 Elm Street Sold | $715,000 | 4 | 3 | 2,036 | $351 | 0.6 mi |
C 800 Club View Drive Sold | $500,000 | 3 | 2 | 998 | $501 | 0.3 mi |
D 42944 Monterey Active | $499,000 List Price | 2 | 2 | 1,212 | $412 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive $100,000 renovation within the last two years, featuring a high-end chef's kitchen with professional-grade Wolf and Cove appliances, granite countertops, and custom cabinetry. Both bathrooms are fully modernized with designer finishes, including custom ledger stone and a smart toilet. With brand-new major systems (furnace, electrical panel, and plumbing updates), new flooring, and contemporary light fixtures throughout, the home meets the highest standards for a recently renovated property.
The kitchen features high-end professional appliances including a 48” Wolf range and Cove dishwasher, paired with granite countertops and custom cabinetry, offering a luxury culinary experience rare for this price point.
Offered fully furnished with a proven two-year short-term rental history and eligibility for 100% bonus depreciation, this property provides immediate income potential and tax advantages for investors.
With over $100K in recent improvements including a Tesla charger, full Nest system, new furnace, and updated electrical, the home combines mountain charm with modern infrastructure and efficiency.
The local elementary and middle schools carry lower ratings (2-4), which may be a consideration for buyers looking to use the property as a primary family residence.
The 5,220 sqft lot is standard for the Moonridge area but may offer limited privacy and outdoor space compared to more secluded mountain retreats.
A rare opportunity to own a luxury Moonridge mountain retreat that offers the best of both worlds, an unforgettable 2nd home experience & a proven income-producing investment. Remodeled 3 BR/2 BTH cabin that perfectly blends luxury, comfort & income-producing potential. Whether you’re searching for a 2nd home or a proven investment property, this exceptional cabin delivers on every level. Home generates $50K+ annually in gross rental income & maintains 5-star ratings on Airbnb/VRBO. Fully furnished, ready for immediate enjoyment! Custom double-door entry w/iron detailing welcomes you into a warm & inviting mountain atmosphere. The open-concept great room features vaulted ceilings & a beautiful fireplace creating the perfect setting for cozy evenings. A stylish wet bar enhances the space for entertaining. The chef’s kitchen is truly the heart of the home, premium appliances including a 48-inch Wolf range w/gas burners, griddle & dual ovens, a Cove dishwasher, smart fridge, farmhouse sink, granite counters & custom cabinetry w/glass accents. Designed for mountain living, the home offers seamless indoor/outdoor enjoyment w/a spacious wraparound deck ideal for morning coffee among the pines or evening gatherings under the stars. A separate sitting & game room provides additional living space & opens to a covered lower deck, creating multiple areas to relax & unwind. Both bathrooms have been thoughtfully upgraded w/high-end finishes. Primary suite bath features a custom walk-in shower w/ledger stone accents, slate finishes & a built-in bench, while the guest bath offers a designer walk-in shower & smart toilet. Over $100K in recent improvements ensure peace of mind & modern convenience, including a new heater & furnace, updated electrical panel, upgraded laundry room plumbing, new window coverings, fresh exterior paint, custom lighting & chandeliers, a full Nest smart-home system, 4 exterior security cameras & a Tesla charger. Ample parking accommodates up to 4 cars. Adding to its appeal, the property holds an active STR permit & may qualify for 100% bonus depreciation, offering significant potential tax advantages. A complimentary local P.O. Box is also included.Located in the heart of Moonridge, just moments from skiing, hiking, golf, the zoo & year recreation, this is more than a cabin, it is a mountain lifestyle investment. Enjoy it as your private escape while benefiting from proven rental income when you’re away. Artwork shown in photos has been replaced.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades K-6 • 2.5 mi
Grades 7-8 • 2.2 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 | 1,574 | 1,448 | 52% |
| Lot Size | 5,220 | 7,700 | 21% |
| Price | $649.9K | $580.0K | 59% |
| Price per sq ft | $413 | $396 | 55% |
| Built year | 1984 | 1977 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 212 | 8% |
May 8, 2026
$649,900
$674,900
-4% Price Drop
Initial Listing
Apr 30, 2026
$674,900
$699,900
-4% Price Drop
Initial Listing
Mar 30, 2026
$699,900
Initial Listing
Jul 31, 2023
$550,000
Public Record
Mar 26, 1996
$1,200,000
Public Record