$1,700,000
908 Pine Knot AVE Big Bear, CA 92315
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$1,700,000
Est. payment /mo
2.01 Acres Lot
Price Dropped by $299K
908 Pine Knot AVE Big Bear, CA 92315
UPDATED:
11/28/2024 03:44 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24383503
HOA Y/N No
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. There are also two dedicated 220 EV outlets for guests or pay per use for area visitors.
Location
State CA
County San Bernardino
Area 289 - Big Bear Area
Zoning R-3
Interior
Fireplace No
Exterior
Community Features Park
Utilities Available Natural Gas Available, Propane, See Remarks
Roof Type Asphalt
Total Parking Spaces 16
Building
Lot Description Back Yard, Garden, Gentle Sloping, Lot Over 40000 Sqft, Near Park, Secluded
Story 2
Water Public
Others
Tax ID 0308251080000
Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)
Acceptable Financing Cash, Owner May Carry, Private Financing Available, Trust Deed
Listing Terms Cash, Owner May Carry, Private Financing Available, Trust Deed
Financing Cash,Private
Special Listing Condition Standard
Listed by John Seffker • Compass
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