908 Pine Knot Avenue Big Bear, CA $ 2,250,000
908 Pine Knot Avenue
$ 2,250,000
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908 Pine Knot Avenue

Big Bear, CA, 92315
$ 2,250,000
Baths0.0 Sq 5,036

Monthly Estimate*

$ 14,954

Listed by Compass
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Studio

Commercial Property for sale in Big Bear, CA

for $2,250,000. This 5,036 square foot building was built in 1979 on a lot size of 2.0143.

Introducing a rare and exceptional opportunity in the heart of Big Bear Lake nine private cabins with a priceless hotel/motel license, encompassing two R3 zoned parcels spanning just over 2 acres of land. Situated in a prime location, this property offers a serene and quiet setting, just three blocks south of The Village, providing guests with the perfect retreat to relax and immerse themselves in the natural beauty of the area.Nestled amidst wooded surroundings on a tranquil street, this property stands out as a unique offering in Big Bear Lake, providing a peaceful and serene atmosphere unlike most other hotels in the area. 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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Commercial Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

2.0143

Year Built

1979

Town/City

Big Bear

County/Region

San Bernardino

MLS | Web ID

24383503

Days on Market

24

Features
General
Utilities NaturalGasAvailable Propane SeeRemarks
Roof Asphalt
Zoning R-3
HOA 0.0
Security Features CarbonMonoxideDetectors ResidentManager SmokeDetectors
Construction Materials Frame WoodSiding
Year Built 1979
Business Type Hospitality
Community Features Park
Building Name Big Bear Village Cabins
Business Name Big Bear Village Cabins
County San Bernardino
Net Operating Income 144541.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use MultiFamily
Garage Y/N N
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Private
Directions From the corner of Village Drive and Pine Knot Avenue head south approximately 3 blocks on the right side of the road.
City Big Bear
View Y/N N
Senior Community Y/N N
Open Parking Spaces 16.0
Total Units 9
MLS Area 289 - Big Bear Area
Lot Size Square Feet 87745.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pine Knot
Listing Terms Cash OwnerMayCarry PrivateFinancingAvailable TrustDeed
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Standard Status Active
Ownership Type Corporation
Cap Rate 6.2
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Exterior
Lot Features BackYard Garden GentleSloping LotOver40000Sqft NearPark Secluded
Water Source Public
Total Parking 16.0
Lot Size Area 87745.0
Number of Buildings 9
Spa N
Building Area Total 5036.0
Lot Size Acres 2.0143
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 908
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* Excluded Features
List By
Compass

Broker

(424) 249-9008

Phone

Affordability Calculator

$14,954
Per Month
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0%
0%
Monthly Principal & Interest
$14,954
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$2,250,000 Listed Price

Map


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908 Pine Knot Avenue, Big Bear, CA, 92315 is a Commercial Property for sale at $2,250,000 with 5,036 sqft and a lot size of 2.0143. 908 Pine Knot Avenue is a studio with 0.0 baths and was built in 1979. The property's zip code is 92315 which is in Big Bear, CA