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About This Home

A 0.37-acre parcel located at 42535 Pegasus Way offers level space for future development in Big Bear Lake. The lot sits within a community that lists watersports, golf, BLM and national forest access, horse trails, hiking, fishing, mountain terrain, lake proximity, biking, parks, hunting, and a dog park as available activities.

With no bedrooms or bathrooms currently on site, the property provides a blank canvas for a single-family residence or cabin. Big Bear Lake currently shows 280 active listings with an average price of $687,256 and median price of $549,450, placing this parcel among the lower-priced land options in the local market. The lot’s size and location give owners direct ties to the surrounding outdoor recreation without requiring further construction at this time.

Key Features

  • 0.37 acre lot

Amenities

View

Location

42535 Pegasus Way

Big Bear Lake, CA 92315

Features & Amenities

Exterior Features

Community Features Included: WatersportsGolfBlm/National ForestHorse TrailsHikingFishingMountainousLakeBikingParkHuntingDog Park

Property Details

Views

Mountain

Questions & Answers

This 0-bedroom, 0-bathroom land at 42535 Pegasus Way is listed at $374,999. The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.

Key features include: 0.37 acre lot. Exterior Features: Community Features Included: Watersports, Golf, Blm/National Forest.

This property is listed by Nicholas LaBate and can be reached at 9098666161 or nick@labategroup.com.

NL

Nicholas LaBate

Agent at RE/MAX BIG BEAR

(909) 866-6161

Listed by RE/MAX BIG BEAR · View on Broker Site

MLS# IG26048549· Source: listhub· Updated 87 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

42535 Pegasus Way, Big Bear Lake, CA 92315

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