908 Pine Knot Avenue
$1,700,000
15
11
5,036
5,036
$338
Listed By Compass
Active Under Contract
Description
Major Reduction!! These cabins generated $955,000 in bookings since Aug 2020 with virtually no advertising. Imagine what you could do if you tried. A rare & exceptional opportunity in the heart of Big Bear Lake just THREE BLOCKS from the Village with a priceless hotel/motel license. The lot encompasses just over two acres of land on two R3 zoned parcels in a prime location. This property offers a serene and quiet setting, providing guests w/the perfect retreat to relax & immerse themselves in the...Major Reduction!! These cabins generated $955,000 in bookings since Aug 2020 with virtually no advertising. Imagine what you could do if you tried. A rare & exceptional opportunity in the heart of Big Bear Lake just THREE BLOCKS from the Village with a priceless hotel/motel license. The lot encompasses just over two acres of land on two R3 zoned parcels in a prime location. This property offers a serene and quiet setting, providing guests w/the perfect retreat to relax & immerse themselves in the natural beauty of the area. Nestled amidst wooded surroundings on a tranquil street, unlike most other hotels in the area which are on busy streets. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement. With the potential for development, including the addition of more units, this property presents an exciting opportunity for growth. While current approvals are not in place, the development potential offers a promising prospect for expansion and enhancement. Currently fully operational, this property is an ideal opportunity for an owner-operator, boutique hotel, corporate retreat, or full-time rentals. The exceptional unit mix, coupled with the ample open space and frontage on Pine Knot Avenue, Cameron Court, and Cameron Drive, presents an attractive canvas for growth and diversification.With its unbeatable location and exceptional potential, this property is a rare find in Big Bear Lake. Don't miss the chance to own this remarkable investment that offers a perfect blend of tranquility, development potential, and prime positioning. Explore the endless possibilities that await with this extraordinary property. This property is currently operating with a hotel/motel license, offering the flexibility to add additional retail operations, making it an ideal investment opportunity. With eight vacation rental keys, an office featuring a reception area, and an onsite laundry facilities equipped with multiple machines. Two cabins set up as 1 bedroom, 1 bath. Five cabins set up as 2 bedroom, 1 bath. One cabins is a 2-story Gambrel style with 2 bedrooms and 2 baths. One cabin is set as an office and reception area with laundy room at the rear of the lower level and the manager's apartment above with 1 bedroom, 1 bath. Additionally, the property benefits from the presence of an exceptional full-time manager, ensuring that operations run smoothly and guests receive top-notch service throughout their stay. Financial details are available upon request with a signed NDA. Don't miss the chance to explore the endless possibilities presented by this remarkable collection of cabins in the heart of Big Bear Lake.
Listing Agent
Property Details for 908 Pine Knot Avenue
Water Front
None
ZoningR-3
StyleCabin
Cross StreetsVillage Drive
Accessibility FeaturesNone
Parcel Number0308251080000
Total Units9.0
Living Area5036
LISTING UPDATED: 12/22/2024 08:47 AM
Property Details for 908 Pine Knot Avenue
Status | Active Under Contract |
---|---|
MLS # | 24-387529 |
Days on Market | 221 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1979 |
Lot Size | 2.01 AC / 87,745 SF |
County | San Bernardino County |
Building Information for 908 Pine Knot Avenue
Stories2Residences-Year Built1979Building Size-Lot Size2.01 AC / 87,745 SF
Property Information for 908 Pine Knot Avenue
Property History for 908 Pine Knot Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 908 Pine Knot Avenue
Taxable ValueLand$127,345Additions$294,803Total$422,148
Tax Record2024$5,109 ($426 / month)
Home Facts
Total Finished SqFt944 SqFtAbove Grade Finished SqFt944 SqFtStories2Lot Size15,000 SqFtStyleHotel / MotelYear Built1979Year Renovated1980CountySAN BERNARDINOAPN0308-251-08-0000Fireplace TypeHas Fireplace
Schools near 908 Pine Knot Avenue
This home is within Bear Valley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Fallsvale Elementary School PublicK to 8 | ||
Big Bear Middle School Public6 to 8 | ||
Big Bear High School Public9 to 12 | ||
Chautauqua High (Continuation) School Public8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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