55
Map
$514,900
↓ $10K (1.9%)
●
House -
For Sale
42795 Cougar
Big Bear Lake, CA 92315
5 Beds
2 Baths,
1
Half Bath
1,508 Ft²
$2,529
Est. Monthly
About This Property
SKIERS AND SNOWBOARDERS-LOCATION, LOCATION, LOCATION! Welcome to
this one-of-a-kind LOWER MOONRIDGE property on a DOUBLE LOT
approximately 1/4 mile from the slopes and RIGHT BETWEEN SNOW
SUMMIT AND BEAR MOUNTAIN, offering DIRECT SKI-RUN VIEWS! This
distinctive 5-bedroom, 2.5-bath Craftsman/Victorian custom
redwood-built home offers mountain scenery and outdoor living
spaces. A NEWLY SANDED AND STAINED 45-FOOT REDWOOD DECK overlooks
your private forest and secluded tree-lined walkway, while the HUGE
REAR TREX DECK captures Snow Summit and Bear Mountain ski-run
views. At night, enjoy Snow Summit lights and the New Year's Eve
torch parade from both decks.
The newly remodeled home features BRAND-NEW SHAW CARPET, NEW INTERIOR AND EXTERIOR PAINT, NEW APPLIANCES, including a new hot water heater, NEW ELECTROLUX WASHER AND DRYER, refrigerator and range, plus a NEWLY REMODELED BATHROOM.
Additional features include a 1-CAR GARAGE plus a STUDIO APARTMENT AND LOFT WITH PRIVATE ENTRANCE. The property also includes PREVIOUSLY APPROVED PLANS FOR A 2-CAR GARAGE AND APARTMENT with SWEEPING SNOW SUMMIT SKI-RUN VIEWS. Buyer to verify current status of prior approvals, permits, plans, feasibility and specifications with appropriate agencies.
Conveniently located near the zoo, golf course, Big Bear Lake, Rathbun Stream walking trail and bicycle paths, with pharmacies, grocery stores and restaurants within walking distance. The EXTRA-LONG DRIVEWAY provides RV PARKING plus room for approximately six additional vehicles and may allow expansion in width, subject to buyer verification and applicable requirements.
Ideal for additional space, a mountain getaway, full-time residence or investment opportunity, with POTENTIAL SHORT- OR LONG-TERM RENTAL use, subject to applicable laws, regulations, permits and buyer verification.
Seller currently maintains a standard homeowners insurance policy and does not utilize the CA FAIR PLAN. In addition, Seller is not aware of existing or proposed data centers in the immediate vicinity as of the listing date.
Experience PRIVACY, mountain surroundings, blue skies, cooler temperatures and four distinct seasons-all from this special Lower Moonridge setting between Snow Summit and Bear Mountain.
The newly remodeled home features BRAND-NEW SHAW CARPET, NEW INTERIOR AND EXTERIOR PAINT, NEW APPLIANCES, including a new hot water heater, NEW ELECTROLUX WASHER AND DRYER, refrigerator and range, plus a NEWLY REMODELED BATHROOM.
Additional features include a 1-CAR GARAGE plus a STUDIO APARTMENT AND LOFT WITH PRIVATE ENTRANCE. The property also includes PREVIOUSLY APPROVED PLANS FOR A 2-CAR GARAGE AND APARTMENT with SWEEPING SNOW SUMMIT SKI-RUN VIEWS. Buyer to verify current status of prior approvals, permits, plans, feasibility and specifications with appropriate agencies.
Conveniently located near the zoo, golf course, Big Bear Lake, Rathbun Stream walking trail and bicycle paths, with pharmacies, grocery stores and restaurants within walking distance. The EXTRA-LONG DRIVEWAY provides RV PARKING plus room for approximately six additional vehicles and may allow expansion in width, subject to buyer verification and applicable requirements.
Ideal for additional space, a mountain getaway, full-time residence or investment opportunity, with POTENTIAL SHORT- OR LONG-TERM RENTAL use, subject to applicable laws, regulations, permits and buyer verification.
Seller currently maintains a standard homeowners insurance policy and does not utilize the CA FAIR PLAN. In addition, Seller is not aware of existing or proposed data centers in the immediate vicinity as of the listing date.
Experience PRIVACY, mountain surroundings, blue skies, cooler temperatures and four distinct seasons-all from this special Lower Moonridge setting between Snow Summit and Bear Mountain.
Unit Size
1,508 Ft²
Days on Market
37 days
Land Size
0.23 acres
Price per sqft
$341
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (CRMLS #IV26200845)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$514,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by ELEVATE REAL ESTATE AGENCY | $524,900 | |
| Listed by ELEVATE REAL ESTATE AGENCY | |||
| Sep 20, 2025 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed | $490,000 | |
| Listed | |||
| | |||
|
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.
| |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: In-Law Floorplan, Pantry, WoodProductWalls, WalkInPantry
Appliances: Free-Standing Range, Gas Oven, Water Heater, Dryer, Washer
Laundry Features: Inside, Stacked
Has Fireplace
Fireplace Features: Bedroom
Exterior Details
Square Footage: 1508
Square Footage Source: $0
Architectural Style: Craftsman, See Remarks
Year Built Source: Assessor
Year Built: 1952
Levels: Two
Patio and Porch Features: See Remarks
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 10201
Lot Size Units: Square Feet
Lot Size Acres: 0.2342
Lot Size Square Feet: 10201
Tax Lot: 147
Water Source: See Remarks
Utilities Details
Cooling Type: None
Heating Type: Fireplace(s), Natural Gas, See Remarks, Wall Furnace
Sewer : Unknown
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Big Bear Lake
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$4,400 /mo
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Listed by: RYAN MCKEE, ELEVATE REAL ESTATE AGENCY
Last Updated: 5 days ago
Data Source: CRMLS, MLS# IV26200845
Last Updated: 5 days ago
Data Source: CRMLS, MLS# IV26200845
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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