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Property profile & analytics
OFF-MARKET
Motels

41121 Big Bear Blvd Big Bear Lake, CA 92315

2.89 ac lot Built 1976
Entity Owned 1-yr Hold
Property ID
US10-0708344
Property summary
AI-generated overview

Exceptional investment opportunity: a 60-key hotel in Big Bear Lake, California, asking $6,000,000 ($100,000 per key). This fee-simple property, unencumbered by debt or management contracts, boasts a prime location on Big Bear Boulevard, offering high visibility and easy access. Situated on 2.89 acres, the two-story hotel features 2,300 square feet of retail space. The diverse accommodations include 60 rooms, ranging from family chalets and mountain cabins to spa suites. Many cabins are over 100 years old, providing a unique, charming atmosphere. The property has been meticulously maintained by the same owner since 1976. Amenities include a heated pool and spa, basketball and volleyball courts, and ample parking. Its location within the San Bernardino Mountains and National Forest provides year-round appeal, attracting visitors for both winter sports (nearby Snow Summit and Bear Mountain) and summer recreation (Meadow Park on Big Bear Lake). The proximity to Big Bear Village further enhances its desirability. Six units are currently undergoing renovations, with plans for additional remodeling. This well-established hotel presents a rare opportunity for significant returns in a thriving tourist destination. The property includes a one-room manager's apartment. Six queen suite cabins feature kitchenettes, and an additional six units offer full kitchens.

Property profile
Verified
Property type Motels
Year built 1976
Lot 2.89 ac (125,888 SF)
UPID US10-0708344
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Elvidge Family Limited Partnership · 1 yrs held
Elvidge Family Limited Partnership
since 2025
5 recorded transactions
2025
Price N/A
2025
$5.3M
2024
Price N/A
2022
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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