Realkey.ai
RealKey
‪(213) 433-7766‬

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$1,448/sqft
Est. Value: $961,559
-8%
AboveEstimate
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:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.05M vs avg $415.0K (+$635,000)95%
Size:1,448 sqft vs avg 1,296 sqft59%
Price/sqft:$725 vs avg $34799%

More Insights

Built in 2024 (2 years old).
Condition: This property was built in 2024, making it brand new. The description explicitly states it's a 'newly built architectural' with high-end finishes like raw travertine and calacatta viola marble, plaster walls, and a chef's kitchen. The images confirm a pristine, modern, and high-quality aesthetic throughout, including the kitchen with integrated appliances and the bathrooms with contemporary fixtures and unique stone sinks. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$725
HOA
-
Days on market
-
Sold On
-
MLS number
25631701
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Spa
Patio
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.

A
Ashley Martin
Listing Agent

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

Price History

Date
Event
Price
10/08/21
Sold
$117,500
02/16/16
Sold
$290,000
Condition Rating
Excellent
This property was built in 2024, making it brand new. The description explicitly states it's a 'newly built architectural' with high-end finishes like raw travertine and calacatta viola marble, plaster walls, and a chef's kitchen. The images confirm a pristine, modern, and high-quality aesthetic throughout, including the kitchen with integrated appliances and the bathrooms with contemporary fixtures and unique stone sinks. All components are new, meeting current quality standards with no deferred maintenance.
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.
Turnkey Income-Generating Asset: The property is explicitly marketed as a 'performing asset' with verified revenue, consistently booked year-round, and includes a fully established short-term rental business with transferable platforms, branding, and website for instant cash flow.
Brand New Luxury Construction & Design: Built in 2024, this Scandinavian-inspired retreat features minimalist design, organic warmth, natural materials like travertine and calacatta viola marble, plaster walls, and impressive 30-foot ceilings.
Prime Recreational Location: Strategically located just minutes from Big Bear Lake, ski resorts, and downtown's charming amenities, maximizing its appeal as a vacation rental in a desirable mountain destination.
Premium Amenities & Furnishings: Equipped with a chef's kitchen, plush living spaces, a private deck with an outdoor jacuzzi, and delivered fully furnished with an EV charger, enhancing guest experience and rental value.
Scenic Mountain Views: Expansive windows throughout the property frame stunning surrounding mountain and tree views, contributing to its serene and luxurious appeal.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
High Investment Threshold: With a list price of $1.05 million, the property represents a significant financial commitment, potentially narrowing the pool of prospective buyers to a luxury or investor segment.
Reliance on Short-Term Rental Market: While a strength for income, the property's financial performance is heavily dependent on the fluctuating short-term rental market, occupancy rates, and evolving local regulations, which could introduce risk.
Limited Appeal for Traditional Homebuyers: The property's design and marketing are heavily geared towards investment and vacation use, which may not align with buyers seeking a conventional primary residence, especially given the lower local school ratings.
Browse Properties by State Browse housing market trends by state