$947,000

449 Georgia St Big Bear Lake, CA 92315

Estimated payment $6,192/month

Total Views 2,617
4 Beds
4 Baths
3,271 Sq Ft
$290 Price per Sq Ft

About This Home

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.

Listing Agent

Joseph Ferraro

Re/Max Big Bear License #02056119 Listed on: 05/08/2025

Re/Max Big Bear

Map

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Multi Unit Residential
  • Cross Street: Big Bear Blvd
  • Stories: One Story
  • Year Built: 1924
  • Property Sub Type: MultiFamily

Interior Features

  • Special Features: Bedroom on Main Level
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Total Sq Ft: 3271

Exterior Features

  • Driveways: Blacktop Driveway
  • Foundation: Slab
  • Frontage: Fronts Street
  • Roads: Paved & Maintained
  • Roof: Composition Roof
  • St Frontage: 110

Garage/Parking

  • Parking: 6-10 Parking Spaces

Utilities

  • Heating: Natural Gas Heat, Wall Heater
  • Water Sewer: Sewer Connected

Lot Info

  • Location: Stand Alone
  • Lot Size Sq Ft: 16390
  • Parcel Number: 0309-034-36-0000
  • Sec Side Lot Dim: 149
  • Topography: Level
  • Zoning: Multiple Residential

Rental Info

  • Paid By Owner: Electric Paid By Owner, Sewer Paid By Owner, Trash Paid By Owner, Water Paid By Owner
  • Tenant Pays: Tenant Pays Gas

Multi Family

  • Investment Type: Residential Investment - Units
  • Number Of Units: 5
  • Unit Count: 4

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $947,000 +61.9% $290 / Sq Ft
09/11/2020 09/11/20 Sold $585,000 0.0% $297 / Sq Ft
08/31/2020 08/31/20 Off Market $585,000 -- --
08/29/2020 08/29/20 For Sale $565,000 -3.4% $287 / Sq Ft
08/25/2020 08/25/20 Off Market $585,000 -- --
08/24/2020 08/24/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $565,000 -- $287 / Sq Ft
Source: Mountain Resort Communities Association of Realtors®

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Source: Mountain Resort Communities Association of Realtors®

MLS Number: 32501125

Mountain Resort Communities Association of Realtors®