Big Bear Lakefront Property - Amazing Views!

$1,725,000
4
5
5,000
sq. ft.
$345
per sq ft
Heated sq ft: 3,798 sq ft
Avg Nightly Rate: $795
Home Legally Sleeps: 16
Occupancy Rate: 19 weeks
Annual Gross Income : 96930
Annual Net Operating Income : 74749
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Mountain
New Construction: Inquire
Days on Vrolio: 316

Property Description

This impressive 4 bedroom, 4 1/2 bath, 3800 square foot lakefront home in Southern California’s mountain town of Big Bear Lake has spectacular east-facing views. From the decks, enjoy hot tub, bbq, plenty of lounge & dining space as well as access to your own boat dock! This log-style home has been well cared for, including recent exterior stain, paint & new central HVAC. High open beam wood ceilings, expansive windows, and commanding rock fire place warm the living areas while remaining spacious & airy. The open concept kitchen features granite countertops and new stainless steel appliances. 3 large bedrooms have en suite baths, walk-in closets, and tranquil lake views. There’s a 4th bedroom and bath, powder room, and a library, game room or optional 5th bedroom, featuring a unique wood-domed ceiling and unparalleled view of Big Bear Lake’s observatory. Close to the village and both resorts, Water’s Edge is supremely situated facing east for wind protection, outdoor enjoyment, and the annual 4th of July fireworks spectacular.

Presented by:
Agent:
Andrea Thorlakson
Berkshire Hathaway HomeServices CA Properties
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 1600
Low: 495
Peak: 1600
Special Event: 1600
Avarage: 795.00
Furniture Age
5
Est Value of Furnishings
$75,000
Peak & High Seasons
January, February, March, July
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Not using it as much personally anymore
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
96930
Net Operating Income
74749
Stories
3
Additional Indoor Rooms
Attached Garage for No car, Family Room, Formal Dining Room, Game Room, Home Office/Den, Living Room, Multiple Master Suites
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Carpet, Real Hardwood, Tile
Security
Yes
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Programmable thermostat
Year built
1986
Outdoor Features
Above Ground Spa, Deck, Dock, Fenced/Gated Yard, Sprinkler System, Walk Out Balcony
View
Lake, Mountain
Backyard Exposure
North
Lot Size
7875 sq ft. lakefront, corner lot
Community Features
Lake Access, Marina, Public Golf Course, Ski Lodge, Snow Equipment Rentals, Stores
Tax Amount/Year
$14,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Lake Access, Marina, Public Golf Course, Ski Lodge, Snow Equipment Rentals, Stores
Mandatory HOA
Inquire
Home Legally Sleeps:
16
Onsite Parking
half circular driveway supporting 5 cars
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
Yes, https://www.citybigbearlake.com/index.php/city-departments/code-compliance
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$11.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
19
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$30.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
Unknown
 
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Credit Card Fee
Inquire
Cleaning Fee
$2,400.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$1,880.00
Pool & Spa Maintinence (Annual)
$1,253.00
Electricity (Annual)
$5,047.00
Water/Sewer (Annual)
$1,300.00
Cable/Interbet (Annual)
$2,268.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$14,000.00
Homeowner's Insurance (Annual)
$4,000.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Berkshire Hathaway HomeServices CA Properties, 949-422-9574

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