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4 Beds
3 Baths
1,508 sqft

$490,000

42795 Cougar Road, Big Bear Lake CA, 92315

Price per sqft$324.93
Built in1952
Property size1,508 sqft
Property typeMulti-family
test courtesy

Overview

Active

Listed Aug 4, 2025

Updated Apr 10

This 5 bedroom, 2 1/2 bath Victorian Craftsman home has 1508 square feet on a double lot overlooking both Snow Summit and Bear Mountain. The tram to the slopes is within walking distance, and the resort is a quarter mile away. The golf course, bike trails, walking path by a stream and the zoo are all part of the immediate neighborhood. Grocery stores are nearby. There is room to build an apartment with a 2-car garage with a sweeping view of the slopes. The house is known as The Magic Castle in Enchanted Evergreen Forest with Airbnb. This house was hand built with redwood and was the original property in lower Moonridge known as the Moonridge Mountain Estates, and it owned many more lots at that time. The house is completely private surrounded with trees, and each bedroom does not share a wall or floor with another bedroom. An attached apartment with its own entrance has an 11 x 16 loft space above for more storage. The home needs some upgrading and improvements but they are cosmetic only. With a little TLC this could be your resort dream home or as a short or long term rental and investment. Enjoy views of Snow Summit from the large Trex deck, fireworks from the front porch, and the Torchlight Parade on New Year’s Eve from upstairs. With its prime location, historical charm, and expansion potential, this is one of the most versatile fixer opportunities in Big Bear.

$3,260/mo

Est. mortgage payment based on a $490,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PV25175031

Interior Features

Bedrooms
4
Bathrooms
3

Exterior Features

Lot Size
0.23 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Fathom Realty Group Inc., Noelle Hofmann

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 7:43 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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