42997 Falls Ave, Big Bear Lake, CA 92315 - View 1
42997 Falls Ave, Big Bear Lake, CA 92315 - View 2
42997 Falls Ave, Big Bear Lake, CA 92315 - View 3
42997 Falls Ave, Big Bear Lake, CA 92315 - View 4
42997 Falls Ave, Big Bear Lake, CA 92315 - View 5
42997 Falls Ave, Big Bear Lake, CA 92315 - View 6
42997 Falls Ave, Big Bear Lake, CA 92315 - View 7
42997 Falls Ave, Big Bear Lake, CA 92315 - View 8
42997 Falls Ave, Big Bear Lake, CA 92315 - View 9
42997 Falls Ave, Big Bear Lake, CA 92315 - View 10
42997 Falls Ave, Big Bear Lake, CA 92315 - View 11
42997 Falls Ave, Big Bear Lake, CA 92315 - View 12
42997 Falls Ave, Big Bear Lake, CA 92315 - View 13
42997 Falls Ave, Big Bear Lake, CA 92315 - View 14
42997 Falls Ave, Big Bear Lake, CA 92315 - View 15
42997 Falls Ave, Big Bear Lake, CA 92315 - View 16
42997 Falls Ave, Big Bear Lake, CA 92315 - View 17
42997 Falls Ave, Big Bear Lake, CA 92315 - View 18
42997 Falls Ave, Big Bear Lake, CA 92315 - View 19
42997 Falls Ave, Big Bear Lake, CA 92315 - View 20
42997 Falls Ave, Big Bear Lake, CA 92315 - View 21
42997 Falls Ave, Big Bear Lake, CA 92315 - View 22
42997 Falls Ave, Big Bear Lake, CA 92315 - View 23
42997 Falls Ave, Big Bear Lake, CA 92315 - View 24
42997 Falls Ave, Big Bear Lake, CA 92315 - View 25
42997 Falls Ave, Big Bear Lake, CA 92315 - View 26
42997 Falls Ave, Big Bear Lake, CA 92315 - View 27
42997 Falls Ave, Big Bear Lake, CA 92315 - View 28
42997 Falls Ave, Big Bear Lake, CA 92315 - View 29
42997 Falls Ave, Big Bear Lake, CA 92315 - View 30
42997 Falls Ave, Big Bear Lake, CA 92315 - View 31
42997 Falls Ave, Big Bear Lake, CA 92315 - View 32
42997 Falls Ave, Big Bear Lake, CA 92315 - View 33
42997 Falls Ave, Big Bear Lake, CA 92315 - View 34

42997 Falls Ave, Big Bear Lake, CA 92315

List Price: $575,000On Market FlagOn market
Mar 6, 20251,350 sqft3 beds2 baths
Listed by: JONATHAN VASQUEZ
License #: 01822914
Phone #: 888-584-9427
EXP REALTY OF CALIFORNIA INC.
Source:
CRMLS Logo
MLS #: IG25050040

Property Description

Treehouse vibes and Moonridge magic—this cabin places you at the base of Bear Mountain, just steps from world-class skiing, hiking, and mountain biking off 2N10. Surrounded by soaring pines and seasonal foliage, the home is perched above the street, offering serene, birds-eye views from an expansive wraparound deck and dramatic walls of windows. Inside, vaulted ceilings and natural light flood the open-concept great room, where tasteful upgrades and mountain-modern design shine. From the stunning custom log-style kitchen island and mirrored backsplash to the vintage restored oven and hammered copper sink, every detail was chosen with care. Enjoy meals at the breakfast bar, cozy up by the impressive wood-burning stove, and admire the craftsmanship throughout. Both bathrooms have been beautifully updated with new vanities, fixtures, and tiled showers. Outside, fresh paint, composite decking, and a dedicated spa platform create the perfect low-maintenance space to relax and unwind. Furnishings are included, making this a turnkey opportunity. Currently a successful Airbnb with glowing guest reviews and a strong rental history, this property offers a proven income stream—and even greater potential for the future. The elevated setting creates a rare sense of privacy and connection to nature, while curated decor, thoughtful upgrades, and generous outdoor living space offer an unforgettable guest experience. Located near Big Bear’s top attractions—walk to Moonridge Coffee, Dank Donuts, the zoo, golf course, and the paved Rathbun Creek trail—this charming cabin is ideal as a vacation home, full-time residence, or income-generating retreat.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,100

TurboHome Estimated Value

$657,500

$487 sqft

High Valuation
$690,375
$511/sqft
Normal Valuation
$657,500
$487/sqft
Low Valuation
$624,625
$463/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$487/sqft$657,500

Neighborhood

Loading map...

Comparative Value

$575K

$700K

$715K

$785K

852 Tehama Dr, Big Bear Lake, CA 92315

Sale Price: $574,900

Selected Comparable

42997 Falls Ave, Big Bear Lake, CA 92315

List Price: $575,000

Subject Property

43135 Moonridge Rd, Big Bear Lake, CA 92315

Sale Price: $585,000

Selected Comparable

1287 Lassen Dr, Big Bear Lake, CA 92315

Sale Price: $699,999

Selected Comparable

1251 Lassen Dr, Big Bear Lake, CA 92315

Sale Price: $715,000

Selected Comparable

820 Ravine Rd, Big Bear Lake, CA 92315

Sale Price: $785,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
42997 Falls Ave, Big Bear Lake, CA 92315

42997 Falls Ave, Big Bear Lake, CA 92315

List: $575,000

Listed: 3/6/2025

Area:1,350 sqft
Price/sqft:$426
Beds:3
Baths:2
Year Built:
Lot Size:7,500

Comparable Properties

COMPARABLE
Choose comps
852 Tehama Dr, Big Bear Lake, CA 92315

852 Tehama Dr, Big Bear Lake, CA 92315

Sale: $574,900

4/4/20250.40 mi

Area:1,344 sqft
Price/sqft:$428
Beds:3
Baths:2
Year Built:
Weight:22.1%
1251 Lassen Dr, Big Bear Lake, CA 92315

1251 Lassen Dr, Big Bear Lake, CA 92315

Sale: $715,000

2/13/20250.36 mi

Area:1,360 sqft
Price/sqft:$526
Beds:3
Baths:2
Year Built:
Weight:21.8%
43135 Moonridge Rd, Big Bear Lake, CA 92315

43135 Moonridge Rd, Big Bear Lake, CA 92315

Sale: $585,000

12/12/20240.32 mi

Area:1,456 sqft
Price/sqft:$402
Beds:3
Baths:2
Year Built:
Weight:20.5%
820 Ravine Rd, Big Bear Lake, CA 92315

820 Ravine Rd, Big Bear Lake, CA 92315

Sale: $785,000

10/25/20240.47 mi

Area:1,603 sqft
Price/sqft:$490
Beds:3
Baths:2
Year Built:
Weight:18.1%
1287 Lassen Dr, Big Bear Lake, CA 92315

1287 Lassen Dr, Big Bear Lake, CA 92315

Sale: $699,999

9/30/20240.39 mi

Area:1,678 sqft
Price/sqft:$417
Beds:3
Baths:2
Year Built:
Weight:17.5%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times