908 Pine Knot AVE Save Request In-Person Tour Request Virtual Tour
Big Bear,CA 92315
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,036 sqft
Price per Sqft $337
MLS Listing ID 24387529
Bedrooms 15
Year Built 1979
Lot Size 2.014 Acres
Property Description
Major Reduction!! These cabins generated $955,000 in bookings since Aug 2020 with virtually no advertising. Imagine what you could do if you tried. A rare & exceptional opportunity in the heart of Big Bear Lake just THREE BLOCKS from the Village with a priceless hotel/motel license. The lot encompasses just over two acres of land on two R3 zoned parcels in a prime location. This property offers a serene and quiet setting, providing guests w/the perfect retreat to relax & immerse themselves in the natural beauty of the area. Nestled amidst wooded surroundings on a tranquil street, unlike most other hotels in the area which are on busy streets. 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. 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.
Location
State CA
County San Bernardino
Area 289 - Big Bear Area
Zoning R-3
Rooms
Other Rooms Shed(s)
Interior
Heating Fireplace(s)
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate,Tile
Fireplaces Type Wood Burning
Inclusions Everything on site is negotiable as it's a fully operational short term rental business with a motel license.
Laundry Laundry Room,Stacked
Exterior
Exterior Feature Fire Pit
Parking Features Circular Driveway,Guest,One Space,Uncovered
View Y/N Yes
View Park/Greenbelt,Lake,Mountain(s),Creek/Stream,Trees/Woods
Building
Story 2
Foundation Pillar/Post/Pier,Slab
Sewer Other
Water Public
New Construction No
Others
Acceptable Financing Cash,Owner May Carry,Trust Deed
Listing Terms Cash,Owner May Carry,Trust Deed
Special Listing Condition Standard