Get the App

908 Pine Knot Avenue, Big Bear, CA 92315

Commercial property · 4 recorded sales since 2014

908 Pine Knot Avenue, Big Bear, CA 92315 Sold March 2025 CRMLS
$1,650,000Sold March 2025

Listing Agent: John Seffker (DRE #01250360) · Listing Office: Compass · Bought with: Subscriber Non · Non-Participant Office · MLS #24383503 · Source: CRMLS

5,036
Building Sq Ft
9
Units
6.20%
Cap Rate
$144,541
NOI
87,745 sqft
Lot Size
1979
Year Built
R-3
Zoning
Commercial property
Type

About this commercial property

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. There are also two dedicated 220 EV outlets for guests or pay per use for area visitors.

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$1,650,000
Sold March 2025 · listed $1,700,000, orig. $2,250,000, on market May 2024 · MLS #24383503 · Source: CRMLS
Listing Agent: John Seffker · Listing Office: Compass · Bought with: Subscriber Non · Non-Participant Office
$1,650,000
Sold March 2025 · listed $1,700,000, orig. $2,250,000, on market May 2024 · MLS #24387529 · Source: CRMLS
Listing Agent: John Seffker · Listing Office: Compass · Bought with: Subscriber Non · Non-Participant Office
$1,350,888
Sold July 2020 · listed $1,199,888, orig. $1,250,000, on market April 2020 · MLS #LG20067818 · Source: CRMLS
Listing Agent: Jeffrey Grice · Listing Office: Re/Max One · Contact: 949-342-2244 · Bought with: General NONMEMBER · NONMEMBER MRML
$1,725,000
Sold February 2014 · listed $1,749,000, on market July 2013 · MLS #PW13136812 · Source: CRMLS
Listing Agent: Larbi Loucif · Listing Office: Re/Max Big Bear · Contact: 909-866-6161 · Bought with: Melony Chang · RE/Max Omega Monrovia
See homes for sale in Big Bear Open the Nalren App

Explore Big Bear