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Big Bear Lake, California
INVESTOR & VALUE-ADD OPPORTUNITY — EXPANDABLE MOUNTAIN RETREAT Meticulously maintained custom-built home (2004) offering alpine charm, panoramic views, and exceptional expansion potential. The main level features 4 bedrooms, 3 baths, soaring vaulted ceilings with exposed beams, and an open-concept living area filled with natural light. The expansive elevated deck captures sweeping views of surrounding hills and National Forest — perfect for year-round enjoyment. A private ~400 sq. ft. guest suite with separate exterior entrance offers flexibility for multi-generational living or income potential. BONUS: The lower level includes an unfinished space approximately equal in size to the main living area — providing incredible value-add opportunity. Ideal for future expansion into additional bedrooms, a game room, home theater, gym, second living unit (buyer to verify), or creative custom design. Whether you’re seeking a primary residence, vacation home, or high-upside investment, this property delivers immediate enjoyment with room to grow. Now attractively positioned — rare chance to secure space, views, and future equity in Big Bear Lake.
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Based on the household income you entered, you fall under the USDA Rural Housing Loan cap. This is a government-backed program that allows zero down payment on eligible mountain properties — lower mortgage insurance than FHA and more flexible credit than conventional.
It’s not widely advertised, but most homes in our mountain communities qualify.