42585 Falcon Ave
Big Bear Lake, CA 92315
$420,000
3 bd · 1 ba · Listed 3d ago
View on Realtor.com →Year built
1980
Sqft
—
Lot sqft
5,000
HOA / mo
None
Furnished
No
List date
2026-09-26T16:46:35.000000Z
Revenue
Annual revenue
$31,029
ADR
$336
Occupancy
25%
Cleaning fees (12 mo)
$5,752
Confidence
Low (43.5), 49 comps
Comp revenue range (p25 / median / p75)
Pet friendly White Farmhouse Cabin
Cabin · 3 bd · 2 ba · sleeps 5 · 184 ft
Revenue $13,065ADR $393Occ ≈ 9%4.8★ (74)
Peregrine Palace ~ Renovated Cabin w/ Private Hot Tub & Deck - Near Snow Summit & Bear Mountain
Vacation home · 3 bd · 2 ba · sleeps 9 · 331 ft
Revenue $25,308ADR $1,012Occ ≈ 7%4.5★ (2)
Green Canoe Cabin- Hot Tub- Smart TVs- BBQ- Relaxing Central Moonridge Chalet
Chalet · 3 bd · 2 ba · sleeps 6 · 341 ft
Revenue $58,180ADR $813Occ ≈ 20%4.8★ (2)
Walk to Zoo, Shuttle+Firepit+Slopes+Fireplace, BBQ
Cabin · 3 bd · 2 ba · sleeps 6 · 367 ft
Revenue $14,329ADR $279Occ ≈ 14%4.9★ (19)
Binkys Mountain Hideaway Big Bear~Central Moonridge Chalet
Vacation home · 3 bd · 2 ba · sleeps 6 · 381 ft
Revenue $28,420ADR $688Occ ≈ 11%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Pet friendly White Farmhouse Cabin Cabin | 3 bd · 2 ba · sleeps 5 | $13,065 | $393 | 9% | 4.8★ (74) | 184 ft | Airbnb |
Relaxing 3BR Cabin in Big Bear Near Slopes Cabin | 3 bd · 2 ba · sleeps 5 | $6,338 | $106 | 16% | 4★ (9) | 279 ft | AirbnbVrboBooking |
Peregrine Palace ~ Renovated Cabin w/ Private Hot Tub & Deck - Near Snow Summit & Bear Mountain Vacation home | 3 bd · 2 ba · sleeps 9 | $25,308 | $1,012 | 7% | 4.5★ (2) | 331 ft | Booking |
Peregrine Palace ~ Renovated Cabin w/ Private Hot Cabin | 3 bd · 2 ba · sleeps 9 | $9,523 | $548 | 5% | 4.7★ (3) | 341 ft | AirbnbVrboBooking |
Green Canoe Cabin- Hot Tub- Smart TVs- BBQ- Relaxing Central Moonridge Chalet Chalet | 3 bd · 2 ba · sleeps 6 | $58,180 | $813 | 20% | 4.8★ (2) | 341 ft | Booking |
Green Canoe Cabin at Moonridge w/ Hot Tub Cabin | 3 bd · 2 ba · sleeps 6 | $30,903 | $447 | 19% | 4.7★ (37) | 364 ft | AirbnbVrboBooking |
Walk to Zoo, Shuttle+Firepit+Slopes+Fireplace, BBQ Cabin | 3 bd · 2 ba · sleeps 6 | $14,329 | $279 | 14% | 4.9★ (19) | 367 ft | Airbnb |
Binkys Mountain Hideaway Log Cabin Ski Retreat Cabin | 3 bd · 2 ba · sleeps 6 | $16,486 | $304 | 15% | 4.8★ (12) | 374 ft | AirbnbVrboBooking |
Hobbit House in Big Bear ~ Cozy & historic cabin Cabin | 3 bd · 2 ba · sleeps 6 | $27,228 | $869 | 9% | 3.5★ (2) | 377 ft | AirbnbVrboBooking |
Binkys Mountain Hideaway Big Bear~Central Moonridge Chalet Vacation home | 3 bd · 2 ba · sleeps 6 | $28,420 | $688 | 11% | 5★ (1) | 381 ft | Booking |
Show all 49 comps
Hobbit House in Big Bear ~ Cozy & historic cabin with Wi-Fi & hot tub
Vacation home · 3 bd · 2 ba · sleeps 6 · 381 ft
Revenue $25,408ADR $430Occ ≈ 16%—
Craftsman Hideaway #630
Vacation home · 3 bd · 1 ba · sleeps 5 · 518 ft
Revenue $42,946ADR $1,108Occ ≈ 11%—
Craftsman Hideaway ~ Cabin near the lake and zoo with fireplace, full kitchen, patio, & BBQ
Vacation home · 3 bd · 1 ba · sleeps 5 · 518 ft
Revenue $45,203ADR $591Occ ≈ 21%—
LOCATION, LOCATION: NEW REMODEL. FIVE START PROPERTY. YOU WILL LOVE THIS HOME!
House · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $30,282ADR $496Occ ≈ 17%5★
Ideal Location~Newly Renovated Modern Rustic Cabin
Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi
Revenue $74,623ADR $538Occ ≈ 38%5★ (12)
Knotty Bear Resort Cabin at Big Bear- Hot Tub- Games
Vacation home · 3 bd · 2 ba · sleeps 10 · 0.1 mi
Revenue $44,554ADR $635Occ ≈ 19%—
Beautiful 3-Bedroom home
House · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $22,445ADR $343Occ ≈ 18%5★ (98)
Moonridge Echo Camp
Cabin · 3 bd · 1 ba · sleeps 5 · 0.1 mi
Revenue $27,571ADR $221Occ ≈ 34%5★ (20)
La Cerena Chalet Big Bear Lake
House · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $2,327ADR $0Occ ≈ —4.4★ (26)
Cougar Mt Getaway
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $4,149ADR $249Occ ≈ 5%—
Big Bear Cabin Getaway Prime Central Location
House · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $27,490ADR $233Occ ≈ 32%4.8★ (194)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hobbit House in Big Bear ~ Cozy & historic cabin with Wi-Fi & hot tub Vacation home | 3 bd · 2 ba · sleeps 6 | $25,408 | $430 | 16% | — | 381 ft | Booking |
SPA | EV Charger | Fenced Yard | LUX CABIN Getaway Cabin | 3 bd · 2 ba · sleeps 6 | $32,557 | $466 | 19% | 4.8★ (78) | 397 ft | AirbnbVrboBooking |
Private LUX Cabin |SPA | EV Charger | Fenced Yard Cabin | 3 bd · 2 ba · sleeps 6 | $20,560 | $437 | 13% | 5★ (2) | 397 ft | AirbnbVrbo |
Moonshine Cabin Cabin | 3 bd · 2 ba · sleeps 6 | $12,364 | $180 | 19% | — | 397 ft | AirbnbVrboBooking |
Close to Slopes, Pet Friendly, Fenced Yard Cabin | 3 bd · 2 ba · sleeps 6 | $22,556 | $213 | 29% | 4.8★ (6) | 400 ft | AirbnbVrboBooking |
Craftsman Hideaway #630 Vacation home | 3 bd · 1 ba · sleeps 5 | $42,946 | $1,108 | 11% | — | 518 ft | Booking |
Craftsman Hideaway ~ Cabin near the lake and zoo with fireplace, full kitchen, patio, & BBQ Vacation home | 3 bd · 1 ba · sleeps 5 | $45,203 | $591 | 21% | — | 518 ft | Booking |
LOCATION, LOCATION: NEW REMODEL. FIVE START PROPERTY. YOU WILL LOVE THIS HOME! House | 3 bd · 2 ba · sleeps 8 | $30,282 | $496 | 17% | 5★ | 0.1 mi | Vrbo |
Ideal Location~Newly Renovated Modern Rustic Cabin Cabin | 3 bd · 2 ba · sleeps 7 | $74,623 | $538 | 38% | 5★ (12) | 0.1 mi | Airbnb |
Knotty Bear Resort Cabin at Big Bear- Hot Tub- Games Vacation home | 3 bd · 2 ba · sleeps 10 | $44,554 | $635 | 19% | — | 0.1 mi | Booking |
Mountain Vibes - Hot Tub+Game Room! Dog friendly! Cabin | 3 bd · 2 ba · sleeps 7 | $39,656 | $238 | 46% | 4.8★ (383) | 0.1 mi | AirbnbVrbo |
Beautiful 3-Bedroom home House | 3 bd · 2 ba · sleeps 6 | $22,445 | $343 | 18% | 5★ (98) | 0.1 mi | Airbnb |
Mushroom Mountain Chalet | Private Sauna & Jacuzzi Chalet | 3 bd · 2 ba · sleeps 7 | $24,690 | $166 | 41% | 4.5★ (36) | 0.1 mi | AirbnbVrbo |
La Cerena Chalet Big Bear Lake Cabin | 3 bd · 2 ba · sleeps 7 | $13,009 | $448 | 8% | 1.6★ (3) | 0.1 mi | VrboBooking |
Log Spa Chalet at Bear Mountain Chalet | 3 bd · 2 ba · sleeps 6 | $22,697 | $410 | 15% | 4.8★ (70) | 0.1 mi | AirbnbVrbo |
Moonridge Echo Camp Cabin | 3 bd · 1 ba · sleeps 5 | $27,571 | $221 | 34% | 5★ (20) | 0.1 mi | Airbnb |
Lynx Fam Fun Lodge | Spa, Game Room & Fenced Cabin | 3 bd · 1 ba · sleeps 5 | $31,519 | $227 | 38% | 4.8★ (23) | 0.1 mi | AirbnbVrbo |
Big Bear Cedar House | 3 bd · 1 ba · sleeps 6 | $15,337 | $294 | 14% | 4.8★ (18) | 0.2 mi | AirbnbVrbo |
La Cerena Chalet Big Bear Lake House | 3 bd · 2 ba · sleeps 7 | $2,327 | $0 | — | 4.4★ (26) | 0.2 mi | Vrbo |
Spacious Cabin + Hot Tub & Deck + Near Slopes House | 3 bd · 2 ba · sleeps 6 | $27,317 | $364 | 21% | 4.8★ (19) | 0.2 mi | AirbnbVrboBooking |
Knotty Bear Resort Cabin at Big Bear-Hot Tub-Games Cabin | 3 bd · 2 ba · sleeps 10 | $53,673 | $430 | 34% | 5★ (10) | 0.2 mi | AirbnbVrboBooking |
Hot Tub, Pet Friendly, Fenced Yard House | 3 bd · 2 ba · sleeps 7 | $25,629 | $323 | 22% | 5★ (2) | 0.2 mi | AirbnbVrboBooking |
Pet Friendly! Foosball! Two Living Rooms! House | 3 bd · 2 ba · sleeps 5 | $19,525 | $257 | 21% | 5★ (19) | 0.2 mi | AirbnbVrbo |
Cougar Mt Getaway Vacation home | 3 bd · 2 ba · sleeps 6 | $4,149 | $249 | 5% | — | 0.2 mi | Booking |
Cougar Mt Getaway House | 3 bd · 2 ba · sleeps 6 | $41,272 | $447 | 25% | 3★ (1) | 0.2 mi | AirbnbVrbo |
Big Bear Retreat | Hot Tub • Mtn Views • Fireplace Cabin | 3 bd · 2 ba · sleeps 7 | $73,653 | $317 | 64% | 4.8★ (97) | 0.2 mi | AirbnbVrbo |
Hidden Haven: Home near Fox Farm! Hot Tub Foosball House | 3 bd · 2 ba · sleeps 8 | $50,153 | $309 | 44% | 4.5★ (99) | 0.2 mi | AirbnbVrbo |
Moonridge Magic! Cozy Cabin w/ Hot Tub & Deck Cabin | 3 bd · 2 ba · sleeps 5 | $23,934 | $334 | 20% | 3.9★ (6) | 0.2 mi | AirbnbVrbo |
Heart of Big Bear | HotTub | Fully Fenced Cabin | 3 bd · 2 ba · sleeps 8 | $58,445 | $338 | 47% | 5★ (92) | 0.2 mi | AirbnbVrbo |
Cabin' A Good Time: Renovated Cozy A-Frame Cabin + Hot Tub Cabin | 3 bd · 1 ba · sleeps 6 | $28,590 | $223 | 35% | 5★ (225) | 0.2 mi | AirbnbVrbo |
Spacious 3 BR-Amazing Location-Close to Everything Cabin | 3 bd · 1 ba · sleeps 9 | $45,331 | $462 | 27% | 4.8★ (18) | 0.2 mi | AirbnbBooking |
Unbearably Cozy - Close to Bear Mtn. & Alpine Zoo House | 3 bd · 1.5 ba · sleeps 6 | $24,026 | $268 | 25% | 4.7★ (55) | 0.2 mi | AirbnbVrbo |
Cedar & Snow Cabin-Cozy+Modern+Spa+Fire Pit+Slopes House | 3 bd · 2 ba · sleeps 6 | $29,241 | $325 | 25% | 5★ (24) | 0.2 mi | AirbnbVrbo |
Luxury Family Cabin, Large backyard with hot tub Cabin | 3 bd · 2 ba · sleeps 8 | $80,328 | $458 | 48% | 5★ (248) | 0.2 mi | AirbnbVrbo |
The Ski Shack: Hot Tub, AC, Pool Table, EV Charger Cabin | 3 bd · 2 ba · sleeps 7 | $50,002 | $378 | 36% | 5★ (390) | 0.2 mi | AirbnbVrbo |
Big Bear Cabin Getaway Prime Central Location House | 3 bd · 2 ba · sleeps 7 | $27,490 | $233 | 32% | 4.8★ (194) | 0.2 mi | Airbnb |
Stepping Back in Time: Near Hiking & Biking Trails House | 3 bd · 2 ba · sleeps 6 | $22,683 | $227 | 27% | 4.4★ (29) | 0.2 mi | AirbnbVrbo |
Close to Bear Mountain Ski Resort! Fireplace! BBQ! House | 3 bd · 2 ba · sleeps 7 | $30,475 | $262 | 32% | 5★ (43) | 0.3 mi | AirbnbVrbo |
Hot Tub, Pool Table, Arcade Game, Slope Views Cabin | 3 bd · 2 ba · sleeps 8 | $45,156 | $470 | 26% | 4.7★ (23) | 0.3 mi | AirbnbVrbo |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Est. revenue
$31,029
NOI
$11,379
Cash flow /mo
$948
Cash needed
$462,300
Cash-on-cash (all cash)
2.5%
ROE (yr 1)
5.2%
Cap rate
2.7%
DSCR
—
Year-1 write-off
$121,155
Year-1 tax shield @ 32%
$38,770
Year-1 return on equity
- Cash flow (annual)$11,379
- Principal paydown (n/a, cash)$0
- Appreciation at%$12,600
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,206
- Platform fees (3% of revenue)$931
- Maintenance / capex (5% of revenue)$1,551
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,250
- Insurance (STR-rated)$2,142
Cash needed to close
- Purchase price (all cash)$420,000
- Closing costs (4.0%)$16,800
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$38,770
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$336,000
Short-life (5/15-yr)
$95,000 · 28%
Year-1 deduction
$121,000
Year-1 tax shield @ 32%
$39,000
Land 20% (county tax record, assessed value split) · building $241,000 over 39 years · new furniture $26,000
Based on: ~1,900 sq ft (from beds), built 1980, 3 bd / 1 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list).
IRS-guide safe-harbor floor: $78,000 in year 1 (15% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,800
Kitchen cabinetsdefault
$10,000 new × 40% good × 2.21 allocation
- $7,200
Kitchen countertopsdefault
$8,200 new × 40% good × 2.21 allocation
- $2,900
Decorative trimdefault
$3,300 new × 40% good × 2.21 allocation
- $100
Mirrorsdefault
$200 new × 40% good × 2.21 allocation
- $1,100
Shelvingdefault
$1,200 new × 40% good × 2.21 allocation
- $4,200
Window coverings (19)default
$4,800 new × 40% good × 2.21 allocation
- $10,800
Carpet, vinyl & laminate (100% of floors)listing
$12,200 new × 40% good × 2.21 allocation
- $6,800
Kitchen & laundry equipment plumbingdefault
$7,800 new × 40% good × 2.21 allocation
- $4,100
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 40% good × 2.21 allocation
- $3,500
Appliances (range, refrigerator)listing
$4,000 new × 40% good × 2.21 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $10,000
Paving: driveway & walks (paved)default
$9,000 new × 50% good × 2.21 allocation
- $9,600
Landscaping (typical)default
$8,700 new × 50% good × 2.21 allocation
- $2,100
Patiosdefault
$1,900 new × 50% good × 2.21 allocation
- $23,600
Decks & porches (attached)listing
$21,400 new × 50% good × 2.21 allocation
- $182,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$206,300 new × 40% good × 2.21 allocation
- $18,900
Building plumbing & fixturesdefault
$21,400 new × 40% good × 2.21 allocation
- $18,900
Building electrical & lightingdefault
$21,400 new × 40% good × 2.21 allocation
- $18,900
HVACdefault
$21,400 new × 40% good × 2.21 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.21 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $75,100 | $45,200 | $800 | $121,200 |
| 2 | $0 | $0 | $6,200 | $6,200 |
| 3 | $0 | $0 | $6,200 | $6,200 |
| 4 | $0 | $0 | $6,200 | $6,200 |
| 5 | $0 | $0 | $6,200 | $6,200 |
| 6+ | $0 | $0 | $215,600 | $215,600 |
| Total | $75,100 | $45,200 | $241,100 | $361,500 |
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California and Georgia disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Big Bear Lake (city) and unincorporated county areas both allow permitted short-term rentals, and we found no numeric permit cap in either. Permits/licenses generally do NOT transfer on sale — a buyer must apply for their own, so confirm permit status with the city or San Bernardino County before closing. City: vacation rental license, up to 3 per owner. County: 1 permit per parcel under 2 acres, 2 max per owner. Lodging tax ~13% in the city, ~7% county. Rules change; verify before you buy.