NOT LISTED FOR SALE

39426 Big Bear Blvd Big Bear Lake, CA 92315

50 Beds
-- Bath
20,000 Sq Ft
0.41 Acres

Last Sold September 26, 2022

Last sale price $7,750,000 $388 Per Sq Ft

83 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.41 Acre Lot
  • Community Lake
  • Big Bear High School Rated A-
  • Dual Staircase
  • Fireplace in Primary Bedroom

About This Home

As of September 2022

Located right in the center of the entire Big Bear Lake resort area, it is one of the contiguously largest and most popular cabin style vacation rental business properties in Big Bear Lake. There are 27 cabins located in a wooded compound with a swimming pool and tall pine trees. It is well suited for large group corporate or church group retreats. The property has been meticulously maintained and the business is very profitable. There are many empty lots on the property which can easily add more units and increase the existing revenue streams. In addition, there is also a large 4-bedroom, 3-bathroom beautiful family house located adjacent to the property that could be easily annexed to the property to form an even larger campus.

Last Agent to Sell the Property

Ralph Liu

InvestorsAlly Realty License #01342940 Listed on: 01/22/2022

Last Buyer's Agent

Ralph Liu

InvestorsAlly Realty License #01342940 Listed on: 01/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,762

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Cottage

Interior Spaces

  • 20,000 Sq Ft Home
  • Dual Staircase
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Game Room
  • Carpet
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 50 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Central Heating
  • Propane
  • Private Sewer
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Fire Pit
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 1 / S
  • Tax Tract Number 17001
  • Assessor Parcel Number 0306151160000
  • $4,104 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 28 Buildings
  • 28 Units
  • Community Lake
  • Near a National Forest
  • Mountainous Community
  • Valley

Recreation

  • Community Pool
  • Hunting
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,762

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 283929
  • Property Attached: No
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 0306151160000
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Fire Pit
  • Price Per Square Foot: 387.50
  • Room Type: All Bedrooms Down, Den, Family Room, Game Room

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Cable Available, Electricity Connected, Propane, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Hiking, Lake, Horse Trails, Park, Hunting, Watersports, Mountainous, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 17860.00
  • Lot Size Acres: 0.4100

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 17860.0000 Square Feet
  • Number Of Units Total: 28
  • Rent Control: No

Tax Info

  • Tax Block: S
  • Tax Census Tract: 112.06
  • Tax Lot: 1
  • Tax Tract Number: 17001
  • TaxOtherAnnualAssessmentAmount: 4104.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Sep 15, 2022
Sold by
Golden Bear Cottages Llc
Bought by
Zre Investments Llc
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Ralph Liu
InvestorsAlly Realty
List Price
$9,995,000
Sold Price
$7,750,000
Premium/Discount to List
-$2,245,000
-22.46%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Outstanding Balance
$5,268,076
Interest Rate
5.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2002
Sold by
Dicarlo Donald A and Dicarlo Karen S
Bought by
Golden Bear Cottages Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zre Investments Llc $7,750,000 Western Resources
Golden Bear Cottages Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zre Investments Llc $5,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $7,750,000 -2.5% $388 / Sq Ft
07/26/2022 07/26/22 Price Changed $7,950,000 -20.5% $398 / Sq Ft
01/22/2022 01/22/22 For Sale $9,995,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,762 $821,030 $275,706 $545,324
2024 $9,762 $804,931 $270,300 $534,631
2023 $9,539 $789,148 $265,000 $524,148
2022 $4,448 $318,636 $181,043 $137,593
2021 $4,104 $289,000 $140,500 $148,500
2020 $3,891 $262,700 $127,700 $135,000
2019 $3,774 $255,100 $124,000 $131,100
2018 $3,629 $247,700 $120,400 $127,300
2017 $3,512 $240,500 $116,900 $123,600
2016 $3,413 $233,500 $113,500 $120,000
2015 $3,426 $233,500 $113,500 $120,000
2014 $3,875 $275,837 $156,726 $119,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22013534

California Regional Multiple Listing Service (CRMLS)

APN: 0306-151-16