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1040 West Rainbow, Big Bear City, CA 92314

$300K3bd · 1ba · 840 sqft
Lot 5,000 sqft•Single Family Residence•
Active
•79d on market•MLS# IV-26163129

Property Description

Welcome to your mountain escape in the heart of Big Bear City—where rustic charm, modern comfort, and an unbeatable location come together. Nestled on a spacious, level corner lot in one of Big Bear City's most desirable neighborhoods, this beautifully maintained 3-bedroom, 1-bath cabin offers the perfect blend of year-round living, weekend adventure, or income-producing investment. Just minutes from Big Bear Lake, the Village, ski resorts, hiking trails, shopping, dining, the Big Bear Convention Center, and the famous Big Bear Snow Play area, you'll enjoy easy access to everything that makes mountain living so special. Step inside to a warm and inviting living room featuring a stunning soaring tongue-and-groove wood ceiling and a cozy fireplace—the perfect place to gather after a day on the slopes or relaxing by the lake. The thoughtfully designed single-story floor plan offers comfortable living with three bedrooms, making it ideal for families, guests, or those needing extra space for a home office. The home has been lovingly cared for and is move-in ready while still offering plenty of opportunity to personalize and make it your own over time. Outside, the level 5,000 sq. ft. corner lot provides generous parking, room for outdoor entertaining, and space to enjoy the fresh mountain air. One of the standout features is the detached garage with a finished bonus room, offering incredible flexibility as a game room, home office, gym, creative studio, guest retreat, or additional storage. This versatile space adds tremendous value and functionality rarely found at this price point. Whether you're searching for a primary residence, vacation home, or investment opportunity, this property checks all the boxes. With its excellent location, mountain character, versatile layout, and endless potential, this Big Bear City gem is ready for its next chapter. Don't miss your opportunity to own a piece of the mountains and start making memories in beautiful Big Bear City.

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Mountain(s), Trees/Woods
City
Big Bear City
Zip Code
92314
County
San Bernardino
Listed byUnknown Office, LITO HERNANDEZ

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,516.96
Principal & Interest
Loan Amount
$239,999
Total Interest
$306,105
Total Payment Over 30 Years
$546,104
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1040 West Rainbow, Big Bear City, CA 92314

Big Bear City · Single Family Residence

$300K
Affordable Tier
Beds
3
Baths
1
Sqft
840
Lot
5,000 sqft
Year
1965
$/Sqft
$357
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed in line with the median closed sale of $300,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $300K· $357/sqft
Total list price
Closed comps
vs closed median $300K
−$1 (−0.0%)
Active comps
vs active median $299K
+$999 (+0.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $438
−$81 (−18.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2767 Cedar LaneBig Bear City1967216882,613$358$246,0005383
854 FirBig Bear City1962217204,800$417$299,99913083
753 ElysianBig Bear City1964216604,000$453$299,0001082
624 Elysian BoulevardBig Bear City1977217202,500$374$269,0004382
1260 Minton DriveBig Bear City1970217208,890$590$425,0004181
Total: 5 · Average2.01.0701.64,560.6$438.4$307,799.855.4
Median720$299,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1303 ShayBig Bear City197208/21/2026218325,640$299,999$300,000$3611.003090
1044 Country Club BoulevardBig Bear City197608/18/2026218325,712$299,999$300,000$3611.0043088
927 Fairway BoulevardBig Bear City196309/24/2026217682,500$289,900$270,000$3520.935487
328 MojaveBig Bear City196009/03/2026217985,000$345,000$337,000$4220.983287
461 MeadowBig Bear City197810/09/2026218964,200$285,000$260,000$2900.915087
Total: 5 · Average2.01.0825.24,610.4$293,400$293,400$357.2—119.2
Median832$300,000$300,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.