
Big Bear Lake, California 92315
This Bear Meadows condo represents a Strong Value Opportunity, listed at $499,000—positioned well below the $527,015 Fair Market Value by 5%. This valuation gap provides $28,015 in Instant Equity. With a Condition Rating of 5, the property offers significant potential for cosmetic upgrades to modernize the original finishes. Featuring Golf Course and Mountain Views, a large covered deck, and a prime resort location near Bear Mountain, this is an ideal Buy-and-Hold Investor asset or a vacation home buyer seeking a high-potential mountain retreat.
Property is extensive renovation needed.
The property was built in 1991, making it 33 years old. The kitchen and bathrooms appear to be in original condition with dated oak cabinetry, teal tile countertops, and older appliances. Based on the criteria for properties over 30 years old without significant renovations, it requires a full rehab to meet modern standards.
Situated just one block from Bear Mountain Ski Resort and adjacent to the golf course, this property offers unparalleled access to year-round outdoor recreation and high short-term rental potential.
The owner is offering a rare 4% interest rate carry with $150,000 down, providing a significant financial advantage and lower entry barrier compared to current market mortgage rates.
As the largest floor plan in the complex, the 1,785 sq. ft. interior features vaulted ceilings, two en suite bedrooms, and a versatile loft, making it ideal for hosting large groups or families.
The $595 monthly association fee adds a substantial recurring expense to the ownership cost, which may impact the overall net ROI for investment-focused buyers.
The assigned elementary and middle schools carry low performance ratings (2 and 3 respectively), which could limit the property's appeal to families seeking a full-time primary residence.
Golfer & Skier’s Delight! A one-of-a-kind mountain condo in a truly unbeatable location! Nestled directly above the majestic Big Bear Golf Course’s 2nd tee box and at the base of Bear Mountain Ski Resort, this property is a dream location for anyone who loves an active mountain lifestyle. Enjoy scenic views, fresh mountain air, and easy access to year-round recreation—with golf in the summer and skiing just moments away in the winter.**OWNER WILLING TO CARRY WITH $150,000 DOWN WITH A NOTE OF $350,000 AT 4% INTEREST, DUE AND PAYABLE IN 5 YEARS OR SOONER ** Featuring two en suite bedrooms plus a loft (serving as a third bedroom) and 2.75 baths, this mountain retreat offers plenty of space for family and guests. The open-concept living room boasts vaulted ceilings, a striking floor-to-ceiling brick fireplace, and direct access to a large covered deck—perfect for bbq'ing or and relaxing year-round. The well-equipped kitchen features tile counters, a breakfast bar, and warm oak cabinetry. A convenient mudroom with gear storage leads to the attached 1-car garage. As a resident of Bear Meadows, you'll enjoy access to a clubhouse, spa, tennis court, and fitness center. And with it's great Summer and Winter location (just minutes to skiing, golfing, hiking, mountain biking, or visiting the Moonridge Zoo), this condo offers the ultimate four-season Big Bear lifestyle. HOA-maintained grounds ensure a low-maintenance mountain home—perfect for a vacation getaway or full-time living. Furnishings negotiable. Priced to sell! Don’t miss this unique opportunity—come see it today!
No exterior & parking available.
Grades K-6 • 2.1 mi
Grades K-6 • 2.8 mi
Grades 7-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,785 | 1,411.75 |
| Lot Size | 230 | 2,332 |
| Price | $499.0K | $483.0K |
| Price per sq ft | $280 | $354 |
| Built year | 1991 | 1981 |
| HOA | $595.0 | $797 |
| Days on market | 34 | 179 |
Aug 6, 2026
$499,000
Initial Listing
Aug 26, 2002
$260,000
Public Record