42545 Pegasus Way

Big Bear Lake CA 92315

3776 sq. ft.

15000 sq. ft.

Single-Family

Last sold for $1,280,000

BECKI WHEELER, last sold this property on 29 April 2026 after 63 days on market.

Overview

Perched at the top of prestigious Castle Glen on Pegasus Way, this luxury retreat captures breathtaking ski slope views of both Bear Mountain and Snow Summit. Designed with a reverse floor plan to maximize the scenery, the home features vaulted tongue-and-groove ceilings and expansive upper and lower decks overlooking unbuildable forest with a peek of the lake. Offering 5 bedrooms plus an additional office and 4 full bathrooms, the layout is ideal for hosting and privacy alike. The main level includes 3 bedrooms and 2 baths, while the lower level offers 2 bedrooms, an office, and 2 baths. Two spacious primary suites feature walk-in closets and direct deck access. Each level is complete with its own living room, fireplace, and laundry room. Dual forced-air heaters and dual water heaters provide comfort and efficiency year-round. The kitchen is appointed with granite countertops and stainless-steel appliances. Turn-key and thoughtfully designed, this mountain estate also includes a way oversized two-car garage—perfect for vehicles, toys, and gear.

Features

5 bedrooms

4 bathrooms

6 carspaces

4 open car spaces

2 garage spaces

3776 sq. ft. floor area

15000 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Big Bear Lake over the last 12 months, the estimated median property value of 42545 Pegasus Way is $1.18m.

Median value

$1.18m

Estimated value range

$680k - $3.5m

Median days on market

Estimated value trend

-23%

decrease 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 42545 Pegasus Way

2026

Sold

$1,280,000

29 Apr 2026 by BECKI WHEELER, of RE/MAX BIG BEAR

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.