$2,000,000
SOLD MAY 16, 2025

40202 Lakeview Dr Big Bear Lake, CA 92315

5 Beds
3.5 Baths
3,500 Sq Ft
11,901 Sq Ft Lot

Recently Sold

$571 Per Sq Ft

17% Below List Price

69 Days on Market

Highlights

  • Beach Front
  • Boat Lift
  • Boat Slip
  • Private Dock Site
  • Access To Lake
  • Home Theater

About This Home

As of May 2025

This gorgeous east-facing lakefront home offers the perfect blend of comfort, style, and outdoor living. It comes with a boat dock including a lift to get your boat out of the water. The entry level downstairs features the Living room, dining room, and full-service kitchen with very large pantry. The entry level features a spacious bedroom and bath, for your guests or a personal retreat. Step out onto the large deck off the living room, where you can take in breathtaking views of morning sunrises, including front-row seats to the 4th of July fireworks on the lake. A stunning staircase leads to the second level, where you'll find a pool table and incredible views of the water. The upper floor is home to four spacious bedrooms and two baths, including a master suite with a cozy fireplace for chilly Big Bear evenings. There's also a full media room with custom seating for the ultimate movie nights. All walls and ceilings are T&G cedar. The home is fully equipped with whole-house air conditioning to keep you cool in the summer. This cabin been part of a *very busy rental program* for the last five years, proving it’s as much a solid investment as a beautiful getaway. Average annual gross income has been in the $80k-$100k range. Designed in 2005 by the owner, this newer custom home combines modern amenities with lakefront living, making it the ideal place to relax, entertain, and enjoy all that lakeside life has to offer.

Last Agent to Sell the Property

Bill Young

RE/MAX BIG BEAR Brokerage Email: billgdyoung@gmail.com License #01365728 Listed on: 01/02/2025

RE/MAX BIG BEAR

Last Buyer's Agent

William Joseph

Joseph Group License #01934991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Beach Front
  • Lake Front
  • Partially Fenced Property
  • Chain Link Fence
  • Irregular Lot
  • Wooded Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Heated Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Driveway Level

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Cabin
  • Entry on the 1st floor
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Custom Window Coverings
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Bonus Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Access To Lake
  • Boat Lift
  • Boat Slip
  • Private Dock Site
  • Docks
  • Lake Privileges
  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / B
  • Tax Tract Number 2575
  • Assessor Parcel Number 0308025120000
  • $1,913 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Near a National Forest

Recreation

  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Structure Type: Cabin
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Cabin
  • Property Type: Residential
  • Parcel Number: 0308025120000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room, Primary Bedroom, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 571.43
  • Room Type: Bonus Room, Family Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Media Room
  • Window Features: Blinds, Custom Covering, Insulated Windows, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier
  • Exterior Features: Barbecue Private, Boat Lift, Boat Slip, Dock Private
  • View: Lake, Trees/Woods, Water
  • Fence: Yes
  • Fencing: Chain Link, Partial
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Combination, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Heated Garage, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Fishing, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Irregular Lot, Treed Lot
  • Lot Size Sq Ft: 11900.00
  • Lot Size Acres: 0.2732

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11900.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Includes Dock, Lake, Lake Front, Lake Privileges

Tax Info

  • Tax Block: B
  • Tax Census Tract: 112.06
  • Tax Lot: 15
  • Tax Tract Number: 2575
  • TaxOtherAnnualAssessmentAmount: 1913.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Apr 17, 2025
Sold by
Faulkes Gary W
Bought by
Slre Llc
Seller's Agent
Bill Young
RE/MAX BIG BEAR
Buyer's Agent
William Joseph
Joseph Group
List Price
$2,399,000
Sold Price
$2,000,000
Premium/Discount to List
-$399,000
-16.63%
Views
32
Current Estimated Value
$1,928,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,344
Avg. Annual Appreciation
-4.39%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Faulkes Gary W and Faulkes Cathy A
Bought by
Faulkes Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 2007
Sold by
Faulkes Gary W and Faulkes Cathy A
Bought by
Faulkes Gary W and Faulkes Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2000
Sold by
Faulkes Gary W and Faulkes Cathy A
Bought by
Faulkes Gary W and Faulkes Cathy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,000,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Seller Take Back
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $2,000,000 0.0% $571 / Sq Ft
03/12/2025 03/12/25 Off Market $2,000,000 -- --
03/12/2025 03/12/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $2,399,000 -- $685 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,120 $1,494,002 $264,074 $1,229,928
2024 $16,566 $1,464,708 $258,896 $1,205,812
2023 $16,273 $1,435,989 $253,820 $1,182,169
2022 $15,841 $1,407,832 $248,843 $1,158,989
2021 $15,555 $1,380,228 $243,964 $1,136,264
2020 $15,863 $1,366,075 $241,462 $1,124,613
2019 $15,452 $1,339,289 $236,727 $1,102,562
2018 $14,936 $1,313,028 $232,085 $1,080,943
2017 $14,599 $1,287,282 $227,534 $1,059,748
2016 $14,286 $1,262,042 $223,073 $1,038,969
2015 $14,101 $1,243,085 $219,722 $1,023,363
2014 $13,828 $1,218,735 $215,418 $1,003,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25000807

California Regional Multiple Listing Service (CRMLS)

APN: 0308-025-12

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