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Pending
  • Price cut: $150K (6/24)
    $1,250,000

    42364 Heavenly Valley Rd, Big Bear Lake, CA 92315

    4beds
    3,658sqft
    : 
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    Single Family Residence
    Built in 2007
    0.35 Acres Lot
    $1,204,000 Zestimate®
    $342/sqft
    $-- HOA

    What's special

    Mature treesLog-home stylePristine mountain-forest backdropSylvan privacyStunning viewsPhotogenic high-end curb appealOne-of-a-kind log style home
    Stunning views from this one-of-a-kind log style home located in one of Big Bear Lake's most coveted areas. This home offers a prime position between both major ski resorts -- Nestled in upscale Heavenly Valley Estates, the home sits just ~4-minute drive (or an easy 15-18 minute stroll) to Snow Summit and ~5-minute drive to Bear Mountain. Few Big Bear locations offer this effortless access to both resorts in one stay. Quiet, private, forested luxury setting in an exclusive neighborhood -- Heavenly Valley Estates features custom homes on large lots (this one: 0.35 acres) with sylvan privacy, mature trees, and underground utilities (no overhead power poles spoiling views or photos). It delivers a peaceful upscale escape with photogenic, high-end curb appeal featuring a log-home style, expansive redwood deck with hot tub, and pristine mountain-forest backdrop. The open floorplan is perfect for entertaining and hosting, featuring a spacious living room with a fireplace that connects to the dining area, kitchen and bar. The entertainer's kitchen features a large center island with ample seating and extensive counter space. There are 4 bedroom and 3.5 bathrooms. Three of the bedrooms are luxurious suites, each with its own bathroom and closet. An additional bunk room is located above the garage. Outside you will find an expansive red wood deck where you can relax in the hot tub or entertain guests while enjoying the fresh mountain air. There is an attached 3 car garage with tall ceilings & ample parking. This property is a highly sought after vacation rental with strong revenue history -- The area (and this exact home when previously rented) supports large groups (sleeps 16 comfortably), 5-star reviews, and $90K+ annual gross in a high-demand pocket. Central-yet-quiet positioning drives better year-round occupancy than slope-distant or overly touristy zones, with easier management due to short drives for cleaners/owners. Guest-friendly logistics & parking -- 3-car garage plus driveway space for multiple vehicles, plus proximity to free Big Bear trolleys/shuttles to resorts and town. Guests rave about hassle-free arrivals/departures--unlike congested Village or lakefront areas with tight parking and traffic during peak seasons. This location combines the best of both worlds--world-class winter ski access + effortless summer lake/Village fun--in a serene, upscale pocket that supports premium pricing and high occupancy with lower "guest friction" than busier or more remote Big Bear spots. It's a turnkey performer for anyone targeting Southern California's ski-and-lake vacation market. This home is a MUST see!
    125 days
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    696
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Watson DRE #01712313 661-733-2196,

    Keller Williams Realty A.V.

    Source: GAVAR,MLS#: 26001778MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Appliances
      • Included: Dishwasher, Gas Oven, Gas Range, Microwave
      • Laundry: Laundry Room, Lower Level
      Features
      • Flooring: Carpet, Tile
      • Has fireplace: Yes
      • Fireplace features: Living Room, Master Bedroom
      Interior area
      • Total structure area: 3,658
      • Total interior livable area: 3,658 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Pool features: None
      • Has spa: Yes
      • Spa features: Above Ground, Private
      • Fencing: None
      • Has view: Yes
      Lot
      • Size: 0.35 Acres
      • Features: Views
      Details
      • Parcel number: 2328301090000
      • Zoning: Unknown

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 2007

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Available, Cable Available, Internet, Sewer Connected

      Community & HOA

      Location
      • Region: Big Bear Lake

      Financial & listing details

      • Price per square foot: $342/sqft
      • Tax assessed value: $1,450,000
      • Annual tax amount: $16,655
      • Date on market: 3/2/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        $1,204,000

        $1.14M - $1.26M

        $4,083/mo

        Price history

        DateEventPrice
        6/24/2026Pending sale$1,250,000$342/sqft
        Source: GAVAR #26001778 Report a problem
        6/24/2026Price change$1,250,000-10.7%$342/sqft
        Source: GAVAR #26001778 Report a problem
        6/12/2026Price change$1,400,000-6.6%$383/sqft
        Source: GAVAR #26001778 Report a problem
        4/29/2026Price change$1,499,000-3.3%$410/sqft
        Source: GAVAR #26001778 Report a problem
        3/2/2026Listed for sale$1,550,000+6.9%$424/sqft
        Source: GAVAR #26001778 Report a problem
        7/28/2023Sold$1,450,000-6.5%$396/sqft
        Source: CRMLS #PW23092429 Report a problem
        6/29/2023Pending sale$1,550,000$424/sqft
        Source: CRMLS #PW23092429 Report a problem
        6/29/2023Contingent$1,550,000$424/sqft
        Source: Mountain Resort Communities AOR #32300671 Report a problem
        6/5/2023Listed for sale$1,550,000$424/sqft
        Source: Mountain Resort Communities AOR #32300671 Report a problem
        6/5/2023Pending sale$1,550,000$424/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #CRPW23092429 Report a problem
        5/31/2023Contingent$1,550,000$424/sqft
        Source: Mountain Resort Communities AOR #32300671 Report a problem
        5/26/2023Listed for sale$1,550,000+58.2%$424/sqft
        Source: Mountain Resort Communities AOR #32300671 Report a problem
        12/20/2018Sold$980,000-6.7%$268/sqft
        Source: Public Record Report a problem
        12/7/2018Pending sale$1,050,000$287/sqft
        Source: Keller Williams Realty Big Bear Lake Arrowhead #3186301 Report a problem
        9/19/2018Price change$1,050,000-4.5%$287/sqft
        Source: Keller Williams Realty Big Bear Lake Arrowhead #3186301 Report a problem
        6/18/2018Listed for sale$1,100,000+22.2%$301/sqft
        Source: Keller Williams Big Bear #3186301 Report a problem
        3/12/2015Sold$900,000+0.1%$246/sqft
        Source: Public Record Report a problem
        11/30/2014Listed for sale$899,000+38.1%$246/sqft
        Source: RE/MAX Big Bear #2140832 Report a problem
        8/23/2013Sold$651,000-36.8%$178/sqft
        Source: Public Record Report a problem
        8/14/2007Sold$1,030,000+586.7%$282/sqft
        Source: Public Record Report a problem
        1/4/2005Sold$150,000+7.9%$41/sqft
        Source: Public Record Report a problem
        4/17/2003Sold$139,000$38/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,655 +1.5%$1,450,000
        2024$16,412 +34.3%$1,450,000 +38%
        2023$12,218 +3%$1,050,758 +2%
        2022$11,866 +2%$1,030,155 +2%
        2021$11,635 -1.8%$1,009,956 +1%
        2020$11,853 +2.6%$999,600 +2%
        2019$11,549 +4.5%$980,000 +3.1%
        2018$11,055 +2.3%$950,640 +2%
        2017$10,802 $932,000 +2%
        2016$10,802 +2.2%$913,725 +37.6%
        2015$10,570 +33%$664,007 +2%
        2014$7,950 $651,000 -12.6%
        2013-- $745,000
        2012-- $745,000 -10.2%
        2011-- $829,400 -3%
        2010-- $855,000
        2009-- $855,000 -17%
        2008-- $1,030,000 +81.2%
        2007-- $568,484 +934.8%
        2001-- $54,938 +2%
        2000-- $53,861

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92315

        Getting around

        33 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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