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

908 Pine Knot Avenue

Big Bear, CA, 92315
$ 2,250,000
Bedrooms15 Baths11.0 Sq 5,036

Monthly Estimate*

$ 14,954

Listed by Compass
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 1
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 2
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 3
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 4
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 5
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 6
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 7
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 8
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 9
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 10
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 11
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 12
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 13
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 14
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 15
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 16
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 17
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 18
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 19
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 20
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 21
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 22
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 23
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 24
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 25
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 26
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 27
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 28
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 29
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 30
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 31
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 32
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 33
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 34
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 35
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 36
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 37
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 38
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 39
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 40
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 41
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 42
908 Pine Knot Avenue, Big Bear, CA 92315 - Image 43

Multi-Family Home for sale in Big Bear, CA

for $2,250,000 with 15 bedrooms and 11 full baths. This 5,036 square foot home 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.

See more

Multi-Family Active

Price

$ 2,250,000

Bedrooms

15

Full Bath

11

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

2.0143

Year Built

1979

Town/City

Big Bear

County/Region

San Bernardino

MLS | Web ID

24387529

Days on Market

32

Features
General
Interior Features CeilingFans CathedralCeilings
Sewer Other
Heating Fireplaces
Cooling WallWindowUnits
Possession CloseOfEscrow Negotiable
Appliances ElectricCooktop GasRange Microwave Refrigerator Dryer Washer
Exterior Features FirePit
Zoning R-3
Garage Spaces 0.0
Patio/Porch Features RearPorch Covered FrontPorch SeeRemarks
Construction Materials WoodSiding
Year Built 1979
View ParkGreenbelt Lake Mountains CreekStream TreesWoods
Levels MultiSplit
Gross Income 235725.0
Accessibility None
County San Bernardino
Net Operating Income 144541.0
Insurance Expense 10486.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures Sheds
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Private
Directions Head south on Pine Knot Avenue from the Village. Approximately 3 blocks on the west side of the street.
City Big Bear
Disclosures Easements SellerDisclosure
Entry Location Ground Level - no steps
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 16.0
NumberOfUnitsTotal 9
MLS Area 289 - Big Bear Area
Lot Size Units SquareFeet
Lot Size Square Feet 87745.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Pine Knot
Listing Terms Cash OwnerMayCarry TrustDeed
Spa Features Bath
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 8676.0
Home Warranty Y/N N
Trash Expense 2415.0
Water Sewer Expense 5604.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Cap Rate 6.4
See more
Interior
Flooring Carpet Laminate Tile
Fireplace Features WoodBurning
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features LaundryRoom Stacked
Total Bedrooms 15
Electric On Property Y/N N
Total Baths 11
See more
Exterior
Parking Features CircularDriveway Guest OneSpace Uncovered
Water Source Public
Total Parking 16.0
Inclusions Everything on site is negotiable as it's a fully operational short term rental business with a motel license.
Lot Size Area 87745.0
Foundation Details PillarPostPier Slab
Number of Buildings 9
Spa Y
Building Area Total 5036.0
Lot Dimensions 584x150
Lot Size Acres 2.0143
Lot Size Source Assessor
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 908
See more
* Excluded Features
List By
Compass

Broker

(424) 249-9008

Phone

Affordability Calculator

$14,954
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,954
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$2,250,000 Listed Price

Map


See all

908 Pine Knot Avenue, Big Bear, CA, 92315 is a Multi-Family Home for sale at $2,250,000 with 5,036 sqft and a lot size of 2.0143. 908 Pine Knot Avenue has 15 bedrooms, 11.0 baths, and was built in 1979. The property's zip code is 92315 which is in Big Bear, CA