449 Georgia Street, Big Bear Lake
Big Bear Lake Home For Sale
This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner. Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office. Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental. In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.
Property Details
Additional Information
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- City:
- Big Bear Lake
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- County:
- San Bernardino
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- Zip:
- 92315
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- MLS® #:
- EV23220680
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- Bedrooms:
- 5
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- Bathrooms:
- 5
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- Square Ft:
- 1,970
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- Lot Size:
- 0.38
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- Levels:
- One
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- School District:
- Bear Valley Unified
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- HOA Dues:
- $
Price Change History for 449 Georgia Street, Big Bear Lake, (MLS® #EV23220680)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $1,120,000 | $25,000 (2.18%) | |
| Price Reduced (from $1,195,000) | $1,145,000 | $50,000 (4.18%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 5th, 2024 at 1:25am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.