
42788 Monterey, Big Bear Lake, CA 92315
42788 Monterey, Big Bear Lake, CA 92315
Property Description
ASSUMABLE LOAN OPPORTUNITY AT 2.625% INTEREST RATE FOR QUALIFIED BUYERS, SUBJECT TO LENDER APPROVAL! Prime Moonridge location with a south-facing orientation and easy access to the paved pathway, Bear Mountain Ski Resort, the golf course, Alpine Zoo, scenic forest hiking and biking trails, plus local favorites like Moonridge Coffee and Dank Donuts. This stylish mountain home delivers both lifestyle and convenience. The reverse floor plan places the main living space upstairs, where vaulted wood-beamed ceilings and expansive windows bring in natural light and capture mountain and treetop views. A striking rock fireplace anchors the living room, while the kitchen and dining area flow comfortably for everyday living or hosting guests. A balcony just off the living and dining space extends entertaining outdoors and benefits from consistent sunshine throughout the day, along with easier winter snow melt thanks to the south-facing orientation. A bathroom is also conveniently located on this upper level. Downstairs, both bedrooms, a second bathroom, and laundry are positioned off the entry level, offering privacy and functionality. A dedicated mudroom with direct backyard access adds everyday practicality, and additional access from upstairs enhances indoor and outdoor flow. Multiple decks, a private hot tub with expansive sky views, and a flat, usable backyard create inviting outdoor space ideal for yard games, entertaining, or relaxing among the pines. Enjoy elevated, treehouse-like views while still benefiting from convenient access and parking. Whether you are searching for a vacation home, short-term rental investment opportunity, or full-time mountain residence, this property offers flexibility in one of Big Bear’s most established neighborhoods. Approximately 2.5 hours from Los Angeles, Orange County, and San Diego, weekend mountain escapes are simple and within easy reach.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Big Bear Lake · Single Family Residence
Listed 8.1% above the median closed sale of $370,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 42806 Cougar | Big Bear Lake | 1975 | 2 | 2 | 952 | 3,164 | $399 | $379,900 | 212 | 91 |
| 42798 Cougar | Big Bear Lake | 1981 | 2 | 1 | 840 | 3,840 | $464 | $389,900 | 87 | 90 |
| 42871 Monterey | Big Bear Lake | 1960 | 2 | 2 | 850 | 8,052 | $528 | $449,000 | 103 | 90 |
| 43050 Sunset Drive | Big Bear Lake | 1965 | 2 | 1 | 808 | 2,465 | $526 | $424,900 | 78 | 86 |
| 42683 Falcon Avenue | Big Bear Lake | 1976 | 2 | 1 | 768 | 2,500 | $531 | $408,000 | 275 | 85 |
| Total: 5 · Average | 2.0 | 1.4 | 843.6 | 4,004.2 | $489.6 | $410,340 | 151 | |||
| Median | 840 | $408,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42587 Cedar | Big Bear Lake | 1985 | 10/09/2026 | 2 | 2 | 816 | 2,500 | $349,000 | $359,000 | $440 | 1.03 | 42 | 89 |
| 42639 Cedar Avenue | Big Bear Lake | 1979 | 05/15/2026 | 2 | 2 | 798 | 5,000 | $449,900 | $425,000 | $533 | 0.94 | 245 | 88 |
| 42741 La Cerena Avenue | Big Bear Lake | 1980 | 10/13/2026 | 2 | 2 | 972 | 2,500 | $375,000 | $370,000 | $381 | 0.99 | 74 | 85 |
| 42532 Willow Avenue | Big Bear Lake | 1962 | 09/01/2026 | 2 | 1 | 832 | 5,000 | $375,000 | $350,000 | $421 | 0.93 | 141 | 84 |
| 42855 Willow Avenue | Big Bear | 1963 | 10/13/2026 | 2 | 1 | 624 | 5,000 | $434,900 | $410,000 | $657 | 0.94 | 80 | 83 |
| Total: 5 · Average | 2.0 | 1.6 | 808.4 | 4,000 | $382,800 | $382,800 | $486.4 | — | 116.4 | ||||
| Median | 816 | $370,000 | $370,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.