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665 Butte Avenue, Big Bear City, California 92314, Big Bear City, 92314 - 3 bed, 2 bath

665 Butte Avenue, Big Bear City, California 92314 home-pic-0
ACTIVE$1,050,000
665 Butte Avenue, Big Bear City, California 92314
3Beds
2Baths
1,448Sqft
7,806Lot

Price Vs. Estimate

The estimated value ($961,559.345) is $88,440.655 (8%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7806, living area = 1448.
Top Cons:
Reliance on Short-Term Rental Market: The property's primary value and income potential are heavily dependent on the short-term rental market, which can be subject to seasonal demand, economic shifts, and evolving local regulations.

Compared to the nearby listings

Price:$1.05M vs avg $420.0K (+$630,000)95%
Size:1,448 sqft vs avg 1,304 sqft58%
Price/sqft:$725 vs avg $35199%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new. The description highlights a 'newly built architectural' design with high-end natural materials like raw travertine and Calacatta Viola marble, plaster walls, and 30-foot ceilings. The images confirm a modern, Scandinavian-inspired aesthetic throughout, including a chef's kitchen with new appliances, custom wood cabinetry, and unique marble countertops. Bathrooms feature floating vanities, stone sinks, and contemporary fixtures. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2024
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$725
HOA
-
Days on market
-
Sold On
-
MLS number
25602881
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Spa
ViewTrees/Woods

About this home

Designed for escape, built for financial performance. House of Bear is more than a home, it's a performing asset, consistently booked year-round with strong summer and holiday demand offering verified revenue. Crafted for both lifestyle and return, this Scandinavian-inspired retreat proposes the rare chance to own a luxury residence that functions as a turnkey business from day one. A seamless blend of minimalist design and organic warmth, this newly built architectural showcases natural materials, raw travertine and calacatta viola marble, plaster walls, 30-foot ceilings, and expansive windows framing the surrounding mountains. Every detail invites calm and connection from the chef's kitchen and plush living spaces to the private deck and outdoor jacuzzi beneath the stars. Just minutes from Big Bear Lake, ski resorts, and downtown's charming restaurants and shops, this home was designed to harmonize luxury with nature while maximizing income potential in one of Southern California's most desirable mountain destinations. Purchase includes a fully established short-term rental business with transferable rental platforms, branded Instagram account, and website delivering a seamless transition for future owners and instant cash flow upon acquisition. Delivered fully furnished with EV charger.

Nearby schools

4/10
Baldwin Lane Elementary School
Public,•K-6•1.6mi
2/10
Big Bear Elementary School
Public,•K-6•3.0mi
3/10
Big Bear Middle School
Public,•7-8•2.6mi
6/10
Big Bear High School
Public,•9-12•1.9mi
Condition Rating
Excellent
This property was built in 2024, making it brand new. The description highlights a 'newly built architectural' design with high-end natural materials like raw travertine and Calacatta Viola marble, plaster walls, and 30-foot ceilings. The images confirm a modern, Scandinavian-inspired aesthetic throughout, including a chef's kitchen with new appliances, custom wood cabinetry, and unique marble countertops. Bathrooms feature floating vanities, stone sinks, and contemporary fixtures. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7806, living area = 1448.
Exceptional Income Potential & Turnkey Business: Explicitly designed for financial performance, this property boasts verified revenue from consistent year-round bookings and includes a fully established short-term rental business with transferable platforms, a branded Instagram, and a website, ensuring instant cash flow.
Brand New Luxury Construction: Built in 2024, this Scandinavian-inspired architectural home features high-end natural materials like raw travertine, calacatta viola marble, plaster walls, 30-foot ceilings, and expansive windows, offering a modern and luxurious aesthetic.
Premium Amenities & Furnishings: The property comes fully furnished and includes a chef's kitchen, plush living spaces, a private deck, an outdoor jacuzzi, and an EV charger, providing a complete and upscale guest experience.
Prime Mountain Destination Location: Strategically located just minutes from Big Bear Lake, ski resorts, and downtown's charming restaurants and shops, making it highly attractive for vacationers in a desirable Southern California mountain destination.
Unique Architectural Design: A seamless blend of minimalist design and organic warmth, with unique architectural elements and natural materials, creating a calm and connected atmosphere that enhances its appeal as a luxury retreat.

Cons

Reliance on Short-Term Rental Market: The property's primary value and income potential are heavily dependent on the short-term rental market, which can be subject to seasonal demand, economic shifts, and evolving local regulations.
Modest Lot Size: At 7,806 sqft, the lot size is relatively modest for a luxury mountain retreat, potentially limiting expansive outdoor amenities or a greater sense of seclusion that some buyers might expect.
Lower-Rated Local Schools: The proximity to public schools with lower ratings (2-4 out of 10) could be a consideration for long-term resale value or appeal to buyers seeking a primary residence with strong educational options, despite its current STR focus.

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