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908 Pine Knot Avenue, Big Bear, CA 92315 (MLS # 24387529)

Price $2,250,000
Status Active
Beds 15
Baths 11 Baths
Home size 5,036 sqft
Lot Size 2.01 ac
Days on Market 19
Introducing a rare and exceptional opportunity in the heart of Big Bear Lake nine private cabins with a priceless hotel/motel license, encompassing two R3 zoned parcels spanning just over 2 acres of land. Situated in a prime location, this property offers a serene and quiet setting, just three blocks south of The Village, providing guests with the perfect retreat to relax and immerse themselves in the natural beauty of the area.Nestled amidst wooded surroundings on a tranquil street, this property stands out as a unique offering in Big Bear Lake, providing a peaceful and serene atmosphere unlike most other hotels in the area. 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.
Property Type(s): Residential Income
Last Updated 5/2/2024 Year Built 1979
Community Big Bear Area County San Bernardino

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Electric Cooktop, Gas Range, Microwave, Refrigerator, Washer
AREA Big Bear Area
BUYER'S BROKERAGE COMPENSATION 2.500 %
CONSTRUCTION Wood Siding
EXTERIOR Fire Pit
FIREPLACE Yes
GARAGE Circular Driveway, Guest, One Space, Uncovered
HEAT Fireplace(s)
INTERIOR Cathedral Ceiling(s), Ceiling Fan(s)
LOT 2.01 acre(s)
LOT DIMENSIONS 584x150
PARKING Circular Driveway,Guest,One Space,Uncovered
SEWER Other
STORIES 2
VIEW Yes
VIEW DESCRIPTION Park/Greenbelt,Lake,Mountain(s),Creek/Stream,Trees/Woods
WATER Public
ZONING R-3

Location

 

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Listed with Compass

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