Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lakefront Parcel with Mountain Views Title is generated by Realmo AI

    40598 Simonds Drive lot 10, Big Bear Lake, CA 92315

    View on Map
    Claim this Listing
    For Sale
    $999,000

    LAND - Big Bear Lake, CA

    Lot size:
    0.20 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    103
    Last Refresh:
    May 16 at 10:06 pm

    Property Features for 40598 Simonds Drive lot 10

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0308-142-05-0000
    Lot size
    0.20 Acres

    Utilities

    Water front features
    Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Paula Osborn

    Listing agent Paula Osborn License #01943211

    Listing office Vista Sotheby's International Realty 596 Pine Knot, Big Bear Lake, CA

    Listing date Feb 2, 2026

    MLS# 32600149 Listing URL

    Copyright © 2026 Mountain Resort Communities Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime lakefront parcel with 60+ ft of frontage and panoramic lake and mountain views.
    • Located in Big Bear Lake Village, steps to dining, shopping, and entertainment.
    • Enjoy private dock privileges.
    • Residential multi‑family zoning.
    • Potential to build 2 primary dwellings and 2 ADUs.
    • Unmatched walkability and year‑round lifestyle appeal.

    Overview

    This lakefront parcel, situated in the Big Bear Lake Village, offers panoramic lake and mountain views. The property includes over 60 feet of lake frontage and private dock privileges. Its location provides convenient access to dining, shopping, and entertainment. Zoned for residential multi-family use, the City of Big Bear Lake requires a minimum of two primary dwellings to comply with the code. There is also potential for the construction of two additional dwelling units (ADUs) on the property. The lot size is approximately 0.2025 acres. The property's location offers walkability and year-round lifestyle appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Big Bear Lake
    County
    San Bernardino
    State
    California
    Longitude
    -116.755
    Latitude
    34.1118

    Nearby Similar for Sale

    • $1,186,800
      3,642 SF

      Commercial Property in Big Bear

      Fully occupied commercial buildings with income potential in Big Bear.
      41609 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $539,000

      Commercial Building on Corner Lot

      C-2 zoned commercial building with high-exposure corner lot.
      41370 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $200,000

      Big Bear Boulevard Commercial Land

      Prime commercial land opportunity in Big Bear Lake, California.
      40376 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $575,000
      1,000 SF

      Commercial Property with Residential Use

      Versatile commercial property with approved residential use in Big Bear.
      40143 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $519,000

      Commercial Opportunity on Big Bear

      Corner lot with high visibility and long-term anchor tenant.
      41067 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $1,000,000

      Commercial Investment in Big Bear

      Commercial building with office spaces in thriving Moonridge Corridor.
      42718 Moonridge Rd, Big Bear Lake, CA 92315
      View Details
    • $575,000
      2,160 SF

      Versatile Commercial Property with Residential Use

      Corner-lot property with commercial zoning and approved residential use.
      40143 Big Bear Boulevard, Big Bear Lake, CA 92315
      View Details
    • $28,500

      Big Bear Lake Marina Dock

      24-foot dock in gated Big Bear Lake marina.
      400 Pine Knot Blvd K-22, Big Bear Lake, CA 92315
      View Details
    • $32,000

      Big Bear Lake Boat Slip

      24-foot boat slip in gated Big Bear Lake marina.
      400 Pine Knot Blvd J-2, Big Bear Lake, CA 92315
      View Details
    • $1,390,000
      8,900 SF

      Big Bear Lake Retail/Warehouse Space

      8,900 SF retail, warehouse, or event space in Big Bear Lake.
      735 Stocker Road, Big Bear Lake, CA 92315
      View Details
    • $25,000

      Deeded Boat Slip in Gated Marina

      20-foot boat slip with amenities in Big Bear Lake.
      400 Pine Knot Blvd F-20, Big Bear Lake, CA 92315
      View Details
    • $55,000

      Prime Boat Slip in Big Bear

      Deeded 24-foot boat slip in gated Big Bear Lake marina.
      400 Pine Knot Blvd #A-19, Big Bear Lake, CA 92315
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Lakefront land in Big Bear Lake Village with dock privileges.
    Where is this residential land & home lot located?
    The property is located at 40598 Simonds Drive lot 10 Big Bear Lake, CA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Prime lakefront parcel with **60+ ft of frontage and panoramic lake and mountain views.**; Located in Big Bear Lake Village, steps to dining, shopping, and entertainment.; Enjoy **private dock privileges.**
    (909) 747-5949
    We can help!
    Listing Contact
    Paula Osborn
    Real Estate License ID: 01943211
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    40598 Simonds Drive lot: 10, Big Bear Lake, CA 92315
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!