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908 Pine Knot Avenue

Big Bear, CA 92315
  • $1,999,000
  • STATUS: Active
  • ON SITE: 156 Days
  • ID#: 24383503
UPDATED: 15 min ago
$1,999,000
  • 0
    BEDS
  • 2.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Listing Agent(s): John Seffker of Compass ()


Description

These cabins generated $955,000 in bookings since Aug 2020 with virtually no advertising. Imagine what you could do if you tried. A rare & exceptional opportunity in the heart of Big Bear Lake just THREE BLOCKS from the Village with a priceless hotel/motel license. The lot encompasses just over two acres of land on two R3 zoned parcels in a prime location. This property offers a serene and quiet setting, providing guests w/the perfect retreat to relax & immerse themselves in the natural beauty of the area.Nestled amidst wooded surroundings on a tranquil street, unlike most other hotels in the area which are on busy streets. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement.Currently fully operational, this property is an ideal opportunity for an owner-operator, boutique hotel, corporate retreat, or full-time rentals. The exceptional unit mix, coupled with the ample open space and frontage on Pine Knot Avenue, Cameron Court, and Cameron Drive, presents an attractive canvas for growth and diversification. With its unbeatable location and exceptional potential, this property is a rare find in Big Bear Lake. Don't miss the chance to own this remarkable investment that offers a perfect blend of tranquility, development potential, and prime positioning. Explore the endless possibilities that await with this extraordinary property. This property is currently operating with a hotel/motel license, offering the flexibility to add additional retail operations, making it an ideal investment opportunity. With eight vacation rental keys, an office featuring a reception area, and an onsite laundry facilities equipped with multiple machines. Two cabins set up as 1 bedroom, 1 bath. Five cabins set up as 2 bedroom, 1 bath. One cabins is a 2-story Gambrel style with 2 bedrooms and 2 baths. One cabin is set as an office and reception area with laundy room at the rear of the lower level and the manager's apartment above with 1 bedroom, 1 bath. Additionally, the property benefits from the presence of an exceptional full-time manager, ensuring that operations run smoothly and guests receive top-notch service throughout their stay. Financial details are available upon request with a signed NDA. Don't miss the chance to explore the endless possibilities presented by this remarkable collection of cabins in the heart of Big Bear Lake. There are also two dedicated 220 EV outlets for guests or pay per use for area visitors.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T13:34:38.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/150106569
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908 Pine Knot Avenue Big Bear, CA 92315

  • Price: $1,999,000
  • Status: Active
  • On Site: 156 Days
  • Updated: 15 min ago
  • ID#: 24383503
0
Beds
0
Baths
0
½ Baths
2.01
Acres
1979
Built
Neighborhood:
289 - Big Bear Area
County:
San Bernardino
Area:
289 - Big Bear Area
Property Description
These cabins generated $955,000 in bookings since Aug 2020 with virtually no advertising. Imagine what you could do if you tried. A rare & exceptional opportunity in the heart of Big Bear Lake just THREE BLOCKS from the Village with a priceless hotel/motel license. The lot encompasses just over two acres of land on two R3 zoned parcels in a prime location. This property offers a serene and quiet setting, providing guests w/the perfect retreat to relax & immerse themselves in the natural beauty of the area.Nestled amidst wooded surroundings on a tranquil street, unlike most other hotels in the area which are on busy streets. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement.Currently fully operational, this property is an ideal opportunity for an owner-operator, boutique hotel, corporate retreat, or full-time rentals. The exceptional unit mix, coupled with the ample open space and frontage on Pine Knot Avenue, Cameron Court, and Cameron Drive, presents an attractive canvas for growth and diversification. With its unbeatable location and exceptional potential, this property is a rare find in Big Bear Lake. Don't miss the chance to own this remarkable investment that offers a perfect blend of tranquility, development potential, and prime positioning. Explore the endless possibilities that await with this extraordinary property. This property is currently operating with a hotel/motel license, offering the flexibility to add additional retail operations, making it an ideal investment opportunity. With eight vacation rental keys, an office featuring a reception area, and an onsite laundry facilities equipped with multiple machines. Two cabins set up as 1 bedroom, 1 bath. Five cabins set up as 2 bedroom, 1 bath. One cabins is a 2-story Gambrel style with 2 bedrooms and 2 baths. One cabin is set as an office and reception area with laundy room at the rear of the lower level and the manager's apartment above with 1 bedroom, 1 bath. Additionally, the property benefits from the presence of an exceptional full-time manager, ensuring that operations run smoothly and guests receive top-notch service throughout their stay. Financial details are available upon request with a signed NDA. Don't miss the chance to explore the endless possibilities presented by this remarkable collection of cabins in the heart of Big Bear Lake. There are also two dedicated 220 EV outlets for guests or pay per use for area visitors.
Exterior Features

Construction Materials FrameWood Siding Lot Features Back YardGardenGentle SlopingLot Over 40000 SqftNear ParkSecluded Open Parking Spaces 16 Parking Total 16 Roof Asphalt

Property Features

Association Fee 0 Building Name Big Bear Village Cabins Business Name Big Bear Village Cabins Business Type Hospitality Buyer Financing CashPrivate Cap Rate 6.2 Community Features Park Gross Scheduled Income 19643 Lease Assignable YN No Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashOwner May CarryPrivate Financing AvailableTrust Deed Net Operating Income 144541 Security Features Carbon Monoxide Detector(s)Resident ManagerSmoke Detector(s) Special Listing Conditions Standard Utilities Natural Gas AvailablePropaneSee Remarks Water Source Public Zoning R-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T13:34:38.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): John Seffker of Compass ()