40241 Big Bear
Big Bear Lake, CA, 92315
$1,800,000
Beds
0 Baths
0 SqFt
0.5 Acres
Add
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Hillcrest Lodge is a well-located multifamily investment property in the heart of Big Bear Lake, one of Southern California’s most established and supply-constrained mountain resort markets. The property is currently operated as long-term, month-to-month residential rentals and consists of 13 rentable units plus an on-site manager’s unit, distributed across four separate buildings featuring a unique blend of independent cabin-style units and apartment-style layouts. The unit mix includes one-bedroom units with kitchens, two-bedroom units with kitchens, and studio units with and without kitchens, allowing flexibility to serve a broad and diverse tenant base. Several units are fully detached, offering enhanced privacy and livability, while a two-story building provides efficient apartment-style configurations. Originally built in 1960, the property sits on an approximately 21,636 square foot lot with a total building area of approximately 5,526 square feet. Big Bear Lake benefits from strong year-round demand driven by winter skiing, summer lake activities, hiking, outdoor recreation, and seasonal events, attracting visitors and residents from the Greater Los Angeles region. Limited land availability and development constraints further support long-term value appreciation and stability. Hillcrest Lodge is well-suited for multifamily investors, owner-operators, or 1031 exchange buyers seeking a diversified unit mix and long-term investment potential in a premier mountain resort market.Buyer to verify all information related to the listing and do their own due diligence

Property Details

Price:
$1,800,000
MLS #:
AR26011002
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
289bigbeararea
Listed Date:
Jan 16, 2026
Total Sq Ft:
5,526
Lot Size:
21,636 sqft / 0.50 acres (approx)
Year Built:
1960
289 – Big Bear Area289bigbeararea

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Schools

Interior

Laundry Features
NO

Exterior

Community Features
MTN

Financial

Net Operating Income
$121,056

Map

Community

Market Summary

Current real estate data for Single Family in Big Bear Lake as of Jan 19, 2026
98
Single Family Listed
72
Avg DOM
444
Avg $ / SqFt
$700,574
Avg List Price

Property Summary

    40241 Big Bear Big Bear Lake CA is a Single Family for sale in Big Bear Lake, CA, 92315. It is listed for $1,800,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Single Family listings in Big Bear Lake is $444. The average listing price for Single Family in Big Bear Lake is $700,574.

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