449 Georgia Street, Big Bear Lake, CA 92315 | MLS EV23220680 | Listing Information | Berkshire Hathaway HomeServices Arizona Properties, Californ | Berkshire Hathaway HomeServices Arizona Properties, California Properties & Nevada Properties
FOR SALE
$1,120,000  

449 Georgia Street
Big Bear Lake, CA 92315

Single Family, Fourplex, Multi-Family
Residential
5
Beds
5
Baths
1,970
Sq. Ft.
0.3763
Acres Lot
Listing Agent: JOSEPH FERRARO CalDRE: 02056119 - RE/MAX BIG BEAR, 909-744-7512
This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner. Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office. Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental. In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.
EV23220680
Single Family, Fourplex, Multi-Family, 1 Story
5
San Bernardino
5 Full
1924
0.3763 Acres
Public
1
Public Sewer
1,970 Sq. Ft.
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
School Information
Bear Valley Unified
Bathrooms
5
Total:5
Detailed Room Information
Bedroom(s)
Main Level: 5, Total: 5
Laundry
None
Interior Features
Cooling
Window/Wall Unit
Heating
Other. Fireplace.
Common Walls
No Common Walls
Entry Location
1
Fireplaces
Living Room.
Additional Interior Features
All Bedrooms Down
Exterior / Lot Features
Parking
0 Covered Parking Spaces. Asphalt.
Roof
Composition
Pool Description
None
Spa
None
Lot View
Mountain, Other
Fence
None
Structural Condition
Turnkey
Additional Exterior/Lot Features
2-5 Units/Acre,Back Yard,Street Level.
Financial Considerations
0309034360000
Cash to New Loan
Listing Agent: JOSEPH FERRARO CalDRE: 02056119 - RE/MAX BIG BEAR, 909-744-7512
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