908 Pine Knot Avenue
Big Bear, CA, 92315
$1,999,000
Beds
0 Baths
SqFt
2.01 Acres
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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.

Property Details

Price:
$1,999,000
MLS #:
24387529
Status:
Active
Baths:
0
Address:
908 Pine Knot Avenue
Type:
Residential Income
Neighborhood:
289bigbeararea
City:
Big Bear
Listed Date:
May 1, 2024
State:
CA
ZIP:
92315
Lot Size:
87,745 sqft / 2.01 acres (approx)
Year Built:
1979
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Interior

Accessibility Features
None
Appliances
Microwave, Refrigerator, Electric Cooktop, Gas Range
Cooling
Wall/ Window Unit(s)
Fireplace Features
Wood Burning, Fire Pit
Flooring
Laminate, Tile, Carpet
Heating
Fireplace(s)
Interior Features
Ceiling Fan(s), Cathedral Ceiling(s)

Exterior

Foundation Details
Pillar/ Post/ Pier, Slab
Garage Spaces
0.00
Parking Features
Circular Driveway, Guest, Parking Space, Uncovered
Parking Spots
16.00
Sewer
Other
Spa Features
Bath
Stories Total
2
View
Creek/ Stream, Park/ Greenbelt, Trees/ Woods, Lake, Mountain(s)
Water Source
Public

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908 Pine Knot Avenue
Big Bear, CA