Hotel Property with
40504 Big Bear Boulevard, Big Bear Lake, CA 92315
For Sale
New
$4,099,000
Commercial Sale, Big Bear Lake, CA
Property Size25,126 SF
Lot Size0.87 Acres
Price / SF$163.14
Days on Market4
Property Features for 40504 Big Bear Boulevard
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Amenities
concrete/plaster swimming pool
Building Details
Year built
Listing Agency:
KELLER WILLIAMS BIG BEAR · Keller Williams Realty
(909) 866-4949
Listed By:
Daniel Easterby · License #01261409
(909) 744-4740
Added: Nov 5
Last Checked: Nov 8 at 2:06AM
MLS# IG26238105
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This hospitality property combines 18 hotel rooms with several distinct lodging and support components. Improvements also include a separate four-bedroom cabin, a studio, four standalone cabins, and a manager’s office with an attached cabin and kitchen. One of the four standalone cabins is reported as rentable. A storage outbuilding and a concrete/plaster swimming pool are also on site. The improvements date to 1926, according to the property information.
Three parcels together contain approximately 38,065 square feet of land and approximately 25,126 square feet of reported habitable space. The property is about 0.2 miles from Big Bear Marina, 0.3 miles from The Village, and 0.4 miles from Alpine Slide at Magic Mountain.
Three parcels together contain approximately 38,065 square feet of land and approximately 25,126 square feet of reported habitable space. The property is about 0.2 miles from Big Bear Marina, 0.3 miles from The Village, and 0.4 miles from Alpine Slide at Magic Mountain.
Key Highlights
- 18 hotel rooms alongside a separate four‑bedroom cabin
- Three parcels totaling approximately 38,065 square feet of land
- Approximately 25,126 square feet of reported habitable space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,540
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,150,800
$3.2M
Cap Rate 7%
$2,250,571
$2.3M
Cap Rate 9%
$1,750,444
$1.8M
Market Conditions
NOI Build-Up for 25,126 SF
Gross rent
$376.9K $15.00/SF
− Vacancy
−$45.2K −$1.80/SF
EGI
$331.7K $13.20/SF
− OpEx
−$174.1K −$6.93/SF
NOI
$157.5K $6.27/SF
Area
San Bernardino County, CA
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,150,800
Cap Rate 7%
$2,250,571
Cap Rate 9%
$1,750,444
Alternative Uses
Best Use
Hotel Hospitality
$2.25M
$1.97M – $2.63M
NOI $157,540 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.30M
$4.64M – $6.18M
NOI $370,997 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
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Business Placement
Demographics for 92315, CA
5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - A varied lodging mix includes guest rooms, cabins, a studio, and on-site support spaces.
Where is this hotel located?
The property is located at 40504 Big Bear Boulevard Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $4,099,000.
What are key features of this property?
This property features: 18 hotel rooms alongside a separate four‑bedroom cabin; Three parcels totaling approximately 38,065 square feet of land; Approximately 25,126 square feet of reported habitable space
