42530 Pegasus Way

Big Bear Lake CA 92315

3065 sq. ft.

29000 sq. ft.

Single-Family

Last sold for $1,250,000

Nicholas LaBate, last sold this property on 25 February 2026 after 377 days on market.

Overview

Welcome to a striking log-style estate in the prestigious Castle Glen Estates, where refined mountain living meets commanding presence and timeless design. Positioned near the iconic ski slopes, this home offers beautiful ski slope views and exceptional curb appeal, creating a true sense of arrival from the moment you pull in. Inside, the great room sets the tone with soaring cathedral ceilings and an impressive wall of windows that floods the space with natural light while showcasing the surrounding mountain landscape and ski slope backdrop. The scale, warmth, and architectural character create a dramatic yet inviting environment—ideal for both elevated entertaining and relaxed everyday living. A wraparound covered deck extends the living space outdoors, providing a perfect setting for year-round enjoyment, whether hosting guests or unwinding in the crisp alpine air. Spanning over 3,000 square feet, the home features four generously sized bedrooms and three well-appointed bathrooms, offering comfort and flexibility for family and guests alike. A bonus loft serves as an ideal game room, den, or secondary lounge, further enhancing the home’s versatility and appeal. Built in 2004 and set on over half an acre, the property also includes a rare three-car attached garage, underground utilities, and generous parking with a semi-circular driveway—well-suited for gatherings and mountain living alike. Located in a quiet, desirable section of Castle Glen and just minutes from local shopping and amenities, this exceptional residence blends privacy, scale, and luxury mountain craftsmanship into one remarkable offering.

Features

4 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

3065 sq. ft. floor area

29000 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Big Bear Lake over the last 12 months, the estimated median property value of 42530 Pegasus Way is $945k.

Median value

$945k

Estimated value range

$375k - $2.2m

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Big Bear Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 42530 Pegasus Way

2026

Sold

$1,250,000

25 Feb 2026 by Nicholas LaBate, of REMAX Big Bear | Big Bear Lake

2024

Sold

$1,525,000

11 Jan 2024 by Brad Gilligan, of Gilligan Log Homes & Real Estate

Happy sellers in Big Bear Lake

We have insufficient information to provide an overview of customer satisfaction for Big Bear Lake. Viewing the agent profiles, reviews and sales for Big Bear Lake can provide insights for this location.