Big Bear Lake, CA 92315,908 Pine Knot Ave
Big Bear Lake, CA 92315,908 Pine Knot Ave
Big Bear Lake, CA 92315,908 Pine Knot Ave
43
$1,650,000
$1,700,000
2.9%
Est.Price: ?

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15 BD
11 BA
5,036 SqFt

908 Pine Knot Ave Big Bear Lake, CA 92315

Est. payment /mo
SOLD DATE : 03/07/2025

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Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,036 sqft

Price per Sqft $327

MLS Listing ID 24-387529

Sold Date 03/07/25

Style Cabin

Bedrooms 15

Year Built 1979

Lot Size 2.014 Acres

Acres 2.01

Property Sub-Type Multi-Family

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 Big Bear Area

Zoning R-3

Rooms

Other Rooms Accessory Bldgs, Barn/Stable, Shed(s)

Dining Room 0

Interior

Interior Features Cathedral-Vaulted Ceilings

Heating Fireplace, Hot Water Circulator

Cooling Wall/Window

Flooring Laminate, Tile, Carpet

Fireplaces Type Wood Burning, Fire Pit

Equipment Ceiling Fan, Dryer, Microwave, Gas Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer

Laundry Room, Laundry Area

Exterior

Parking Features Circular Driveway, Parking for Guests, Parking for Guests - Onsite, Parking Space, Uncovered

Garage Spaces 16.0

Pool Room For

Waterfront Description None

View Y/N Yes

View Creek/Stream, Green Belt, Tree Top, Trees/Woods, Lake, Mountains

Roof Type Asphalt

Handicap Access None

Building

Lot Description 2-4 Lots

Story 2

Foundation Pillar/Post/Pier, Slab

Sewer In Street, On Site

Water District

Architectural Style Cabin

Level or Stories Multi/Split

Structure Type Wood Siding

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Non-Participant Office

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agent

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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