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    Big Bear Blvd Big Bear Lake, CA 92315

    For Sale
    $1,149,000

    2.05 Acres, Prime Location, Visitor Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.05-acre commercial property in Big Bear Lake, California, presents a unique investment opportunity. Located on Big Bear Blvd, near Tulip Ln, in the desirable Metcalf Bay area, this land boasts three combined parcels (APN: 030715108, 030715107, 030715113) and is zoned Commercial Visitor. The city encourages development, expressing particular interest in short-term lodging. This allows for diverse development options, including a boutique hotel, restaurant, office space, or a combination thereof. The property's scenic location offers calm waters, stunning views, and proximity to abundant recreational activities like fishing, skiing, boating, hiking, and biking. The area's natural beauty can be preserved while creating a thriving business. This offering is further enhanced by its location within a California New Market Tax Credit Zone, potentially providing up to 39% tax credits for eligible development projects (consult your tax advisor for details). This is a time-sensitive opportunity to capitalize on the high demand for lodging and commercial space in Big Bear Lake. The asking price is $1,149,000. Detailed information regarding the New Market Tax Credit program eligibility should be independently verified.

    Property Features for 0 Big Bear Blvd

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • Located in a California New Markets Tax Credit Zone.
    • Commercial‑Visitor zoned site.
    • Suitable for boutique lodging.
    • Approved for office, restaurant, and retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Big Bear Lake
    County
    San Bernardino
    State
    California
    Longitude
    -116.932464
    Latitude
    34.240052

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    FAQs

    What type of property is this?
    Land - 2.05 Acres, Prime Location, Visitor Zoning
    Where is this land located?
    The property is located at Big Bear Blvd Big Bear Lake, CA.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: Located in a California New Markets Tax Credit Zone.; Commercial-Visitor zoned site.; Suitable for boutique lodging.
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    Big Bear Blvd 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
    Big Bear Blvd Big Bear Lake, CA 92315
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