To begin your search for Big Bear lakefront properties or any other type of Big Bear real estate for sale in the Big Bear Multiple Listing System (MLS), please click on any link(s) above. As the top-ranked Big Bear real estate agents on Yelp and having been featured on HGTV's "Log Cabin Living" and "Lakefront Bargain Hunt", the Big Bear Real Estate team can help you find the perfect property for you. Whether it is a luxury lakefront property, a cozy mountain cabin for your family, or an income-producing vacation rental property, we've got you covered!
So, if you are looking for a great rental property right on Big Bear Lake or just a cabin to enjoy weekends and holidays with the family, we've got the right Big Bear real estate options for you. In conjunction with our local vacation rental companies, we can provide a list of turn-key properties with a history of vacation rental income.
It is important to know upfront whether you are looking for a primary home, second home, or vacation rental/combination property, as different areas are better for each. If you are looking for a vacation rental, it's best to stick to the 92315 zip code. That's the actual City of Big Bear Lake and covers the entire south shore of the Lake, the Village, both ski resorts, and the golf course. For primary or second homes, the 92314 (Big Bear City), 92333 (Fawnskin), and 92386 (Sugarloaf) zips are all acceptable choices.
Big Bear Real Estate Areas
The different types of Big Bear real estate are as varied as the Big Bear Valley itself, which ranges from deepwater lakefront areas on the west end of the valley, to much more mountainous terrain in the Moonridge area, and finally a more high-desert-like environment on the far east end of the valley where the dry lake beds ("Erwin Lake" and "Baldwin Lake") are located; so please feel free to ask us questions about any specific areas and the best places for a full-time home, second home, or vacation rental property. We look forward to helping you find the perfect Big Bear real estate option for you and your family!
In general, Big Bear Lake, Moonridge, and Fox Farm tend to rent the most days per year on a vacation basis. Therefore, the further you go from the lake and/or the slopes, the more the prices go down, but so does the rental potential. We can provide rental histories for any area you request. Please let us know if you see anything you like or if you want us to set up a custom Big Bear real estate search for you based on area, price range, number of beds, baths, etc.
Big Bear Valley
Big Bear offers a full four seasons of fun and truly is the premiere four-season resort in Southern California. Winter activities include skiing, snowboarding, snow-shoeing, tubing, and just plain, old-fashioned playing in the snow! Spring, Summer, and Fall activities include hiking, boating, fishing, horseback riding, jet-skiing, zip-lining, off-roading, mountain biking, bird-watching, and anything else you can imagine in the cool, almost perfect weather.
With 320+ days of sunshine per year! Even when it is raining or cloudy in Los Angeles or San Diego, it is often sunny up here because we are often above the cloud-line. That’s why we have one of only a handful of Solar observatories in the world here in Big Bear! It’s also why you may have experienced passing through the clouds while driving up through the Running Springs or Lake Arrowhead areas. Because of their lower altitude, they are usually right at cloud level, so they are literally in the clouds many days when it is perfectly sunny in Big Bear.
The newly-renovated Village also offers year-round shopping, entertainment, and unique eating experiences. In addition, there are also many planned events held through-out the year, such as our world-famous Oktoberfest (which runs from the middle of September until the end of October), fishing tournaments, film festivals, Renaissance/Pirate Fairs, bike races, fun runs, car shows and more!
When it comes to rental properties in the same area (which are going to have approx. the same tax rate and same property management charges), we typically divide the gross rents by the price of the property for the gross rent multiplier. This gives you a quick “apples to apples” comparison. To compare investments in different areas, you need to include more variables. For example, the taxes on our investments in TX are 2-3 times as high as those for our properties in CA, so we need to figure this in when deciding where to invest. Of course, you also need to figure in personal preferences (like the fact that you might really like to have a place that you can use yourself, right on the water); but that doesn’t figure into the gross rent multiplier (GRM) equation, which is more of a rule of thumb.
It’s also up to you as to whether or not you include the property management figure. It would be 0% if you did it yourself and around 10%, if you rented it on a full-time basis, rather than vacation rental (which typically makes more money in the 92315 zip code, although it takes more work for whoever is doing it); but it affords you the luxury of being able to use it yourself when you want, rather than having a full-time tenant in the property.
We got married in 1998 and rented our first apartment together in West Los Angeles. We began investing in Real Estate in 2001 with the purchase of our first townhouse in Encino. A year later, we bought the lot on which we eventually built our first home in Big Bear. In 2001, the real estate market was very similar to the current market. Prices were down from previous years and interest rates were low (although not nearly as low as they are today). At the time, our interest rate was 7.75%, but the price was still low. Even after paying taxes and HOA fees, we were only paying a little more than what we had been paying for rent.
That townhouse in Encino and the lot in Big Bear were the beginning of a string of real estate investments (including several in Texas, Florida, Burbank, San Diego, and Hawaii) that eventually allowed us to quit our 9-5 jobs and move to our "vacation home" in Big Bear. We now live off of the income from our rental properties and are able to spend time helping others find properties that will not only provide years of enjoyment for their families, but hopefully also lead them to the kind of financial freedom that we have found through Real Estate in Big Bear and beyond.
With our first dusting of snow already last week, we are well into the fall season already. Besides snow, nothing shows that more than our already plummeting inventory. While inventory normally drops during the fall and winter, we are already down to only 134 active single family residences in the Big Bear MLS! That number should […]
Below are the stats for last month’s single-family residence sales. As of this morning, the inventory sits at only 195 sfr’s in the Big Bear MLS. A couple people have asked about the few properties that don’t get listed in the Big Bear MLS and you can see them, also, on our website, since we […]
Sales remained strong through the month of July and (as normally happens this time of year) the inventory seems to have peaked for the year already. It has dropped below 200 single family residences again and is currently at 198 active properties in the Big Bear MLS. If normal trends persist, the inventory will continue to decrease […]
It was another busy 4th of July weekend, with lots of visitors and buyers on the mountain. June sales were strong again, with more month-over-month price increases, but the “4th of July rush” finally put us over 200 homes on the market (209) in the Big Bear MLS, for the first time in almost a […]
Here are the Big Bear real estate statistics for last month. As you can see, sales remain very strong, with most areas still selling 3-5% over asking price, on average. As is usual in the Spring, inventory ticked up a bit (but much less than expected at this time of year), to only 172 single family residences […]
Below are the Big Bear Real Estate stats for the month of April. As you can see, the number of sales and ratio of sales price to list price remained very high; but in general, closings that occurred in April typically opened in either February or March, when inventory was still at record lows. As of today, […]
Well, another winter season has come to an end (probably the busiest ever for sales and rentals) and things seem to be returning to some sort of normalcy. The Big Bear Real Estate inventory has almost doubled in the past 6 weeks (from 62 to 122 Single Family residences), but it’s still only about 1/4 to 1/3 […]
As winter is wrapping up and we get closer to Spring and the closure of the ski resorts for the season, the inventory has ticked up a little bit to 78 single family properties in the Big Bear MLS. This is still only about 25% of where it should be at this time of year, but […]
The Big Bear real estate market remains insanely hot, with the active single family residence inventory in the Big Bear MLS down to only 65 properties!! The lowest that anyone can remember that number being in at least the last 15 years was 250, so we are currently about 75% under that! With such low inventory, competition […]
We are coming into the final stretch of 2020, with the second home market remaining incredibly hot. Prices continue to rise and almost all areas are selling at a little over asking price on average. The largest problem we are having in terms of sales right now is the ridiculously low inventory. We are down […]
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For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.