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Sold for $1,650,000
  • $1,650,000

    908 Pine Knot Ave, Big Bear Lake, CA 92315

    15beds
    11baths
    5,036sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $1,529,300 Zestimate®
    $328/sqft
    $1,995 Estimated rent

    Home value

    $1,529,300

    $1.24M - $1.87M

    $1,995/mo

    Zestimate® history
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    What's special

    Nestled amidst wooded surroundingsSerene and quiet setting
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Seffker DRE # 01250360 323-816-6033,

    Compass

    Bought with:

    Subscriber Non, DRE # 13252

    Non-Participant Office

    Source: CLAW,MLS#: 24-387529MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 11
    Rooms
    • Room types: Barn
    Bathroom
    • Features: Shower Over Tub, Shower Stall
    Heating
    • Fireplace(s), Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Cooktop, Gas/Electric Range, Microwave, Dryer, Range/Oven, Refrigerator, Washer, MultiTank Water Heater, Gas Water Heater
    • Laundry: Laundry Room, Laundry Area, Gas Dryer Hookup, Stackable W/D Hookup
    Features
    • Cathedral-Vaulted Ceilings, Ceiling Fan(s)
    • Flooring: Laminate, Tile, Carpet
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Fire Pit
    Interior area
    • Total structure area: 5,036
    • Total interior livable area: 5,036 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Circular Driveway, Guest, On Site, Parking Space, Open
    • Uncovered spaces: 16
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Entry location: Ground Level - no steps
    • Patio & porch: Front Porch, Rear Porch, Other, Covered Porch
    • Pool features: Room For
    • Spa features: Bath, Tub With Jets
    • Has view: Yes
    • View description: Creek/Stream, Park/Greenbelt, Tree Top, Trees/Woods, Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Creek/Stream,Lake
    • Waterfront features: None
    Lot
    • Size: 2.01 Acres
    • Dimensions: 584 x 150
    • Features: 2-4 Lots
    Details
    • Additional structures: Accessory Bldgs, Barn/Stable, Shed(s)
    • Has additional parcels: Yes
    • Parcel number: 0308251080000
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cabin
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Pillar/Post/Pier, Slab
    • Roof: Asphalt
    Condition
    • Year built: 1979

    Utilities & green energy

    • Electric: 220 Volt Location (Other/See Remarks)
    • Sewer: In Street
    • Water: District
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Security: None
    Location
    • Region: Big Bear Lake

    Financial & listing details

    • Price per square foot: $328/sqft
    • Tax assessed value: $413,871
    • Date on market: 11/28/2024
    • Inclusions: Everything on site is negotiable as it's a fully operational short term rental business with a motel license.
    • Total actual rent: 235725

    Price history

    DateEventPrice
    3/7/2025Sold$1,650,000-2.9%$328/sqft
    Source: CLAW #24-387529 Report a problem
    12/22/2024Contingent$1,700,000$338/sqft
    Source: CLAW #24-387529 Report a problem
    11/28/2024Listed for sale$1,700,000-15%$338/sqft
    Source: CLAW #24-387529 Report a problem
    9/5/2024Listing removed$1,999,000$397/sqft
    Source: CLAW #24-387529 Report a problem
    7/3/2024Price change$1,999,000-11.2%$397/sqft
    Source: CLAW #24-387529 Report a problem
    5/3/2024Listed for sale$2,250,000+66.6%$447/sqft
    Source: CLAW #24-387529 Report a problem
    7/31/2020Sold$1,350,888+12.6%$268/sqft
    Source: CRMLS #LG20067818 Report a problem
    7/24/2020Pending sale$1,199,888$238/sqft
    Source: Re/Max One #LG20067818 Report a problem
    6/22/2020Price change$1,199,888-4%$238/sqft
    Source: Re/Max One #LG20067818 Report a problem
    4/2/2020Listed for sale$1,250,000-27.5%$248/sqft
    Source: Re/Max One #LG20067818 Report a problem
    2/18/2014Sold$1,725,000+490.8%$343/sqft
    Source: Agent Provided Report a problem
    7/19/2000Sold$292,000+207.4%$58/sqft
    Source: Public Record Report a problem
    6/1/1994Sold$95,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $535,500 +24.4%
    2025$5,284 +3.4%$430,591 +2%
    2024$5,109 +2.3%$422,148 +2%
    2023$4,996 +3.2%$413,871 +2%
    2022$4,840 +1.8%$405,756 +2%
    2021$4,756 -32.9%$397,800 -33.7%
    2020$7,093 +2.6%$599,681 +2%
    2019$6,911 -78.9%$587,922 +2%
    2018$32,746 +401.2%$576,394 +2%
    2017$6,534 $565,092 +2%
    2016$6,534 +2.2%$554,011 +1.5%
    2015$6,395 +0.7%$545,689 +52%
    2014$6,348 $358,936 +0.5%
    2013-- $357,313 +2%
    2012-- $350,306 +2%
    2011-- $343,437 +0.8%
    2010-- $340,870 -0.2%
    2009-- $341,679 +2%
    2008-- $334,979 +2%
    2007-- $328,411 +2%
    2006-- $321,971 +2%
    2005-- $315,658 +2%
    2004-- $309,469 +1.9%
    2003-- $303,797 +2%
    2002-- $297,840 +2%
    2001-- $292,000 +55.2%
    2000-- $188,165
    Find assessor info on the county website

    Neighborhood: 92315

    Nearby schools

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