449 Georgia, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 5 bath
Loading property details...
Big Bear Lake, California 92315
This Multi-Unit Residential Income Asset is listed at $699,900, representing a stable entry point near its $684,849 Fair Market Value. The property features four updated cabins on a sprawling 16,390 sqft lot, providing significant ROI potential near Big Bear Village and ski resorts. Despite a Fair Condition Rating typical of its 1924 construction, the asset includes mini-split HVAC systems and a serene Forested greenbelt view. Situated in the Bear Valley Unified district, this is a strategic acquisition for Buy-and-Hold Investors or Short-Term Rental Operators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 449 Georgia Subject | $674,900* List Price | 5 | 5 | 1,970 | $337 | - |
A 596 Summit Active | $654,900 List Price | 4 | 2 | 2,016 | $325 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of multiple cabins originally built in 1924. While recent updates include fresh paint, mini-split HVAC systems, and plumbing improvements, the overall aesthetic and fixtures in the kitchens and bathrooms remain basic and dated. The property is functional and maintained through regular upkeep, but the century-old age of the structures and the seller's lack of warranties on condition and permits align with the 'fair' classification for an aged property with partial updates.
The property is ideally situated within walking distance to Big Bear Village and the lake, and just 1.3 miles from major ski resorts, making it a premier destination for tourists and renters.
As a quadruplex on a substantial 16,390 sqft lot, this property offers immediate rental income from four cabins and significant potential for future site development.
Recent updates to the cabins include the installation of efficient mini-split heating and cooling systems, plumbing improvements, and fresh paint, reducing immediate maintenance needs for a new owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1970, other record living area = 468. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 1.
The seller offers no warranties regarding existing permits or short-term rental (STR) eligibility, placing a heavy due-diligence burden on the buyer to verify legal compliance in a strict regulatory zone.
With an original build date of 1924 and the property being sold without warranties on its overall condition, buyers should anticipate potential hidden costs associated with century-old structures.
Located just moments from Big Bear Blvd, this unique property offers an exceptional location within walking distance to Big Bear Village and Big Bear Lake. Bear Mountain and Snow Summit Resorts are only 1.3 miles away, and the Mountain Transit Shuttle stop is conveniently located approximately 400 feet from the property, providing easy access to local attractions and ski areas. Significant improvements were completed by a prior owner in 2001, including replacement of the sewer mainline and new asphalt. Under the current ownership, Cabins 1–4 have been thoughtfully updated with fresh paint, mini-split heating and cooling systems, plumbing improvements, and additional upgrades. Surrounded by mature trees and featuring multiple updated cabins, the Georgia Bear Mountain Hideaway offers a rare combination of location, income potential, and future development opportunity—ideal for investors or those seeking a mountain retreat with built-in rental possibilities. Seller makes no warranties or representation as to the overall condition of the property or to the existing permits, or short term rental ability. It is the Buyer’s responsibility to research and satisfy themselves of the overall condition and verify all existing permits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1924 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 9, 2026
$674,900
$699,900
-4% Price Drop
Initial Listing
Mar 9, 2026
$699,900
Initial Listing
May 13, 2022
$1,130,000
Public Record
Sep 11, 2020
$585,000
Public Record
Feb 15, 2012
$160,000
Public Record
Apr 22, 2005
$338,000
Public Record