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42290 Heavenly Valley, Big Bear Lake, CA 92315

$1.98M5bd · 7ba · 5,881 sqft
Lot 38,333 sqft•Single Family Residence•
Active
•44d on market•MLS# IG-26189824

Property Description

A rare convergence of generous outdoor space, craftsmanship, and resort-style living, this exceptional Heavenly Valley Estates residence represents one of Big Bear Lake’s most distinctive offerings. Privately positioned across nearly an acre of land, the estate delivers a sense of scale and seclusion seldom found this close to the heart of Big Bear. Built by renowned local builder Bill Kawa, the home encompasses over 5,800 square feet with 5 bedrooms and 7 bathrooms, combining timeless mountain character with spaces designed for elevated everyday living and entertaining. Beyond the residence, the grounds set this property apart. A private pool—an extraordinary rarity in Big Bear Lake—is complemented by a brand-new sports court and newly created fire pit area, transforming the property into a true four-season retreat. Expansive outdoor spaces provide room to gather, entertain, unwind, and experience the mountain setting in complete privacy. A separate casita featuring 1 bedroom, 1 bathroom, and a kitchenette offers an intimate retreat for guests or extended family while maintaining separation from the main residence. Level entry further enhances the property’s year-round accessibility and effortless livability. Perfectly situated between Snow Summit and Bear Mountain ski resorts, the estate offers exceptional proximity to world-class mountain recreation while remaining just minutes from Big Bear Lake, the Village, dining, shopping, hiking, and biking. It is exceptionally rare to find a property in Big Bear Lake that offers the opportunity to combine such an expansive setting with over 5,800 square feet of living space, a private pool, sports court, guest casita, and premier location. This is not simply a mountain residence, but a private resort compound—an irreplaceable Big Bear estate created for those seeking something truly extraordinary.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
None
View
Trees/Woods
Flooring
Carpet, Tile
Roof
Metal
City
Big Bear Lake
Zip Code
92315
County
San Bernardino
Listed byRE/MAX BIG BEAR, Nicholas LaBate

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,006.90
Principal & Interest
Loan Amount
$1,583,200
Total Interest
$2,019,284
Total Payment Over 30 Years
$3,602,484
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

Luxury Tier · 1 active · 0 closed

42290 Heavenly Valley, Big Bear Lake, CA 92315

Big Bear Lake · Single Family Residence

$1.98M
Luxury Tier
Beds
5
Baths
7
Sqft
5,881
Lot
38,333 sqft
Year
1988
$/Sqft
$337
Pool: Yes✓
Spa: Yes✓
View: Trees/Woods✓
Garage: 3-car✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.98M· $337/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $1.30M
+$679K (+52.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $220
+$117 (+53.2%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
630 Summit BoulevardBig Bear Lake200310105,9207,548$220$1.30M4458
Total: 1 · Average10.010.05,9207,548$220$1.30M44
Median5,920$1.30M
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.