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$1,375,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 3,776 Sq. Ft.
  • 2 Car Garage
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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.

Full Property Details for 42545 Pegasus

General

  • Price: $1,375,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: IG26037356
  • Updated: 2/25/2026
  • Days on Market: 23 days
  • Added to Site: 54 day(s) ago

Interior

  • Rooms/Areas: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Separate Family Room
  • Interior Features: Ceiling Fan(s), Furnished, Granite Counters, Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Family Room, Living Room, Gas, Wood Burning
  • Eating Areas: Breakfast Counter/Bar, Dining Room, In Kitchen
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Flooring: Carpet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage (Direct Access), Garage, Oversized

Location

  • County: San Bernardino
  • Driving Directions: Take Stanfield up to Eagles Flight take a right on Fallen Leaf right on Orion and right on Pegasus

School Information

  • School District: Bear Valley Unified

Community

  • Community Features: Biking, BLM/National Forest, Fishing, Hiking, Lake, Hunting, Mountainous

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Custom-Built
  • Structure Type: Single Family Residence
  • Roof: Composition
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,776
  • Sq. Ft. Source: Assessor
  • Year Built: 2002
  • Year Built Source: Assessor
  • Property Condition: Turnkey

Lot Features

  • Property View: Mountain(s), Trees/Woods
  • Lot Size (Acres): 0.3444
  • Lot Size (Sq. Ft.): 15,000
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Level with Street, Lot 10000-19999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $364.14

Disclosures and Reports

  • Special Conditions: Standard

Listed by Re/Max Big Bear, Becki Wheeler

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Listing agent

— 42545 Pegasus —

  • Becki Wheeler

    Re/Max Big Bear

beckibigbear@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 42545 Pegasus

School District:Bear Valley Unified School District
NameGradesDistance
North Shore Elementary School
765 N. Stanfield Cutoff, Big Bear Lake, CA 92315
K-50.8 mi
Big Bear Middle School
41275 Big Bear Boulevard, Big Bear Lake, CA 92315
6-81.7 mi
Big Bear High School
351 Maple Ln., Big Bear, CA 92314
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 42545 Pegasus Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/24/2026
Listed
$1,375,000
61.76%
MLS
9/09/2014
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 42545 Pegasus

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,128
3%
$1,021,573
2%
2024
$11,732
2%
$1,001,542
2%
2023
$11,494
3%
$981,904
2%
2022
$11,156
2%
$962,651
2%
2021
$10,934
-2%
$943,776
1%
2020
$11,136
3%
$934,099
2%
2019
$10,851
3%
$915,783
2%
2018
$10,490
2%
$897,827
2%
2017
$10,248
2%
$880,222
2%
2016
$10,028
1%
$862,963
2%
2015
$9,950
-7%
$850,000
-7%
2014
$10,677
—
$918,543
—
2013
$10,670
—
$914,392
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Re/Max Big Bear, Becki Wheeler

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42545 Pegasus, Big Bear Lake, CA 92315 (MLS# IG26037356) is a Single Family property with 5 bedrooms and 4 full bathrooms. 42545 Pegasus is currently listed for $1,375,000 and was received on February 24, 2026. Want to learn more about 42545 Pegasus? Do you have questions about finding other Single Family real estate for sale in Big Bear Lake? You can browse all Big Bear Lake real estate or contact a Coldwell Banker agent to request more information.

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