449 Georgia Street

Big Bear Lake, CA 92315

$1,120,000

Listed Price
5

bed Beds

5

shower Baths

1,970 sqft

straighten $568 / sqft

1924

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms 5
Bathroom Information
Bathrooms 5
Fireplace Information
Features Living Room
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 449 Georgia Street
City Big Bear Lake
State CA
Zip 92315
County San Bernardino
Listing Agent JOSEPH FERRARO DRE#02056119
Courtesy Of RE/MAX BIG BEAR
MLS EV23220680
List Price $1,120,000
Status Active
Type Residential
Subtype Quadruplex
Structure Size 1,970
Lot Size 16,390
Year Built 1924
DOM 134

Exterior Information

Maps

Listing information courtesy of: JOSEPH FERRARO, RE/MAX BIG BEAR . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 15th, 2024 at 11:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.