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    801 Cameron Dr Big Bear Lake, CA 92315

    Sponsored
    For Sale
    $825,000

    Luxury Cabin, Prime Location, High Rental Potential

    Property size:
    1,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,850-square-foot motel in Big Bear Lake, California, presents a unique investment opportunity. Built in 1956 and extensively renovated in 2022, this two-story property boasts three bedrooms, four beds, and two bathrooms, comfortably accommodating nine guests. The recent renovation transformed the property, adding a new covered carport, a concrete shower stand, a hot tub on the lower deck, and a BBQ grill on the upper deck. The original garage has been repurposed into a playroom, significantly increasing the living space from 1,100 square feet to its current size. Situated on a 3,937-square-foot lot (APN 0308182010000), this fee-simple property enjoys a prime location, just steps from restaurants, bars, shops, and other amenities in the heart of Big Bear Village. Currently operating at 9% occupancy, this motel offers significant upside potential for increased rental income through targeted marketing efforts on short-term rental platforms. The property's high rental rates and convenient location make it an attractive investment for owner-users or those seeking strong returns. The asking price is $825,000 ($445.95 per square foot). This is a turnkey operation ready for immediate income generation. While the property has recently undergone a major renovation, further value appreciation can be achieved through improved rental management and marketing strategies.

    Property Features for 801 Cameron Dr

    General Information

    Property type
    Motels
    Square Feet
    1,850 SF

    Building Details

    Year Built/Renovated
    1956/2022
    Buildings
    1
    Stories
    2

    HighLights

    • Prime location with excellent accessibility.
    • Recently renovated and expanded building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Big Bear Lake
    County
    San Bernardino
    State
    California
    Longitude
    -116.9140495
    Latitude
    34.238186

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    FAQs

    What type of property is this?
    Motel - Luxury Cabin, Prime Location, High Rental Potential
    Where is this motel located?
    The property is located at 801 Cameron Dr Big Bear Lake, CA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Prime location with excellent accessibility.; Recently renovated and expanded building.;
    Request Owner's contact information
    801 Cameron Dr Big Bear Lake, CA 92315
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    Realmo Value Estimation

    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.

    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.

    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
    801 Cameron Dr Big Bear Lake, CA 92315
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