39802 Lakeview Dr Unit 9
Big Bear Lake, CA 92315
$465,000
2 bd · 2 ba · 1,462 sqft · Listed 6d ago
View on Realtor.com →Year built
1983
Sqft
1,462
Lot sqft
1,002
HOA / mo
$714
Furnished
Yes
List date
2026-09-23T17:28:47.000000Z
Revenue
Annual revenue
$24,722
ADR
$193
Occupancy
35%
Cleaning fees (12 mo)
$4,589
Confidence
Low (28.28), 44 comps
Comp revenue range (p25 / median / p75)
Casa De Lago - Beautifully Upgraded Lakeside Gem!
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 217 ft
Revenue $7,444ADR $296Occ ≈ 7%4.8★ (87)
Mountain Condo has King Suite, Soaking Tub, Arcade, Pool and Hot Tub Access!
House · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $1,616ADR $161Occ ≈ 3%4.6★ (7)
Mountain Condo has King Suite, Soaking Tub, Arcade, Pool and Hot Tub Access!
House · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $6,302ADR $274Occ ≈ 6%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cabin/Condo/Pool/Village 1 Mile/Slopes 3 miles Townhouse | 2 bd · 2 ba · sleeps 7 | $15,142 | $1,927 | 2% | 4.1★ (246) | 105 ft | AirbnbVrbo |
Lakeview Getaway | Game Rm, Pool, Spa, Sauna! Condominium (condo) | 2 bd · 2.5 ba · sleeps 8 | $30,506 | $313 | 27% | 4.8★ (12) | 108 ft | AirbnbVrbo |
Golden Hour | Jacuzzi, Sauna, Pool, Tennis, Gated! Condominium (condo) | 2 bd · 1.5 ba · sleeps 8 | $12,086 | $262 | 13% | 5★ (6) | 118 ft | AirbnbVrboBooking |
Casa De Lago - Beautifully Upgraded Lakeside Gem! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $7,444 | $296 | 7% | 4.8★ (87) | 217 ft | Airbnb |
Lakeside condo with balcony, fireplaces, and more! Condominium (condo) | 2 bd · 2.5 ba · sleeps 8 | $23,072 | $0 | — | 4.3★ (7) | 243 ft | AirbnbVrboBooking |
Cozy Lakefront Condo Close to The Village-NO PETS Condominium (condo) | 2 bd · 2.5 ba · sleeps 5 | $15,105 | $254 | 16% | 4.1★ (22) | 381 ft | AirbnbVrboBooking |
Fully Upgraded Lakeside Hideaway for Quiet Escapes Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $17,290 | $312 | 15% | 4.7★ (6) | 394 ft | AirbnbVrbo |
Bearfoot Lake Escape Townhouse | 2 bd · 2 ba · sleeps 6 | $9,937 | $262 | 10% | 4.7★ (6) | 0.1 mi | AirbnbVrbo |
Mountain Condo has King Suite, Soaking Tub, Arcade, Pool and Hot Tub Access! House | 2 bd · 2 ba · sleeps 6 | $1,616 | $161 | 3% | 4.6★ (7) | 0.1 mi | Vrbo |
Mountain Condo has King Suite, Soaking Tub, Arcade, Pool and Hot Tub Access! House | 2 bd · 2 ba · sleeps 6 | $6,302 | $274 | 6% | — | 0.1 mi | Vrbo |
Show all 45 comps
Cozy Cabin w/ Fireplace • Near Lake & Village
House · 2 bd · 1 ba · sleeps 4 · 0.1 mi
Revenue $27,013ADR $273Occ ≈ 27%5★ (54)
Modern Lakefront B Big Bear Lake
Cabin · 2 bd · 1 ba · sleeps 3 · 0.2 mi
Revenue $26,462ADR $371Occ ≈ 20%—
Modern Lakefront B Big Bear Lake
Cabin · 2 bd · 1 ba · sleeps 3 · 0.2 mi
Revenue $14,401ADR $200Occ ≈ 20%4.5★ (13)
2Bdrm Condo for 6 NEAR LAKE-Kitchen/Fireplace LL2B
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $29,071ADR $266Occ ≈ 30%4.7★ (65)
Lagonita Lodge - 2BR/2BA on the Lake! "Bearcrest"
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $14,208ADR $199Occ ≈ 20%—
Sugar Pine cabin walking distance to the lake
Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $27,254ADR $547Occ ≈ 14%4.8★ (74)
1 bed +loft 2 bath | Noon Lodge
Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi
Revenue $12,291ADR $270Occ ≈ 12%5★ (4)
Lupine Lakeside Resort Cabin at Shore Acres by Big Bear Vacations
Vacation home · 2 bd · 1 ba · sleeps 5 · 0.4 mi
Revenue $51,831ADR $423Occ ≈ 34%3.5★ (2)
#2 Large 2 room Suite w/kitchenette .With AC
Guest suite · 2 bd · 1 ba · sleeps 4 · 0.4 mi
Revenue $3,732ADR $284Occ ≈ 4%4.9★ (108)
Lakeview Family Cabin by Big Bear Vacations
Vacation home · 2 bd · 1 ba · sleeps 7 · 0.4 mi
Revenue $58,998ADR $435Occ ≈ 37%4.3★ (6)
Lupine #106
Vacation home · 2 bd · 1 ba · sleeps 5 · 0.4 mi
Revenue $70,962ADR $452Occ ≈ 43%3.2★ (2)
Luxury Retreat-HOT TUB-Near Village & Marina
Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi
Revenue $1,895ADR $190Occ ≈ 3%2★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Cabin w/ Fireplace • Near Lake & Village House | 2 bd · 1 ba · sleeps 4 | $27,013 | $273 | 27% | 5★ (54) | 0.1 mi | Airbnb |
5 Min Walk to BBL Retreat, BBQ, Fireplace Cabin | 2 bd · 1 ba · sleeps 5 | $29,879 | $181 | 45% | 4.8★ (215) | 0.1 mi | AirbnbVrboBooking |
Condo with soaking tubArcadeAccess to pool spa Townhouse | 2 bd · 2 ba · sleeps 6 | $18,252 | $271 | 18% | 4.1★ (25) | 0.2 mi | AirbnbVrboBooking |
Close to Village & Lake, Barbecue Cabin | 2 bd · 2 ba · sleeps 5 | $33,679 | $334 | 28% | 4.5★ (8) | 0.2 mi | AirbnbVrboBooking |
Close 2 All, Cozy Clean and Charming, Fenced Yard! Cabin | 2 bd · 2 ba · sleeps 6 | $52,574 | $404 | 36% | 5★ (183) | 0.2 mi | AirbnbVrbo |
Lakefront Amazing Views - Modern B Cabin | 2 bd · 1 ba · sleeps 3 | $31,273 | $246 | 35% | 4.5★ (32) | 0.2 mi | AirbnbVrboBooking |
Modern Lakefront B Big Bear Lake Cabin | 2 bd · 1 ba · sleeps 3 | $26,462 | $371 | 20% | — | 0.2 mi | Vrbo |
Cozy House by the Lake House | 2 bd · 2 ba · sleeps 5 | $13,074 | $271 | 13% | 4.8★ (68) | 0.2 mi | AirbnbVrbo |
Cozy Pine-Lined Cabin w/ Fireplace & Deck Cabin | 2 bd · 1 ba · sleeps 4 | $17,011 | $201 | 23% | 4.7★ (65) | 0.2 mi | AirbnbVrboBooking |
Walk to Big Bear Lake: Cozy Cabin w/ Deck Cabin | 2 bd · 1 ba · sleeps 4 | $19,375 | $194 | 27% | 4.7★ (55) | 0.2 mi | AirbnbVrbo |
Woodpecker Cabin hosted by Big Bear Cool Cabins Cabin | 2 bd · 1 ba · sleeps 4 | $35,645 | $201 | 49% | 3.8★ (16) | 0.2 mi | AirbnbVrbo |
Modern Lakefront B Big Bear Lake Cabin | 2 bd · 1 ba · sleeps 3 | $14,401 | $200 | 20% | 4.5★ (13) | 0.2 mi | Vrbo |
Pinecone Cabin, Labor Day Special! Cabin | 2 bd · 1 ba · sleeps 4 | $27,299 | $259 | 29% | 4.7★ (85) | 0.3 mi | AirbnbVrboBooking |
Chris's Cozy Lakefront Home Cabin | 2 bd · 1.5 ba · sleeps 5 | $75,437 | $338 | 61% | 5★ (38) | 0.3 mi | AirbnbVrbo |
2Bdrm Condo for 6 NEAR LAKE-Kitchen/Fireplace LL2B Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $29,071 | $266 | 30% | 4.7★ (65) | 0.3 mi | Airbnb |
Bear Forest Lodge Cabin | 2 bd · 2 ba · sleeps 4 | $4,955 | $252 | 5% | 5★ (1) | 0.3 mi | Airbnb |
Lagonita Lodge - 2BR/2BA on the Lake! "Bearcrest" Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $14,208 | $199 | 20% | — | 0.3 mi | Airbnb |
Single Level Home Near Lake & Village Cabin | 2 bd · 1 ba · sleeps 4 | $12,105 | $242 | 14% | 4.5★ (19) | 0.3 mi | AirbnbVrboBooking |
Cozy 2BD/2BA Cabin in the Heart of Big Bear Lake Cabin | 2 bd · 2 ba · sleeps 5 | $21,532 | $267 | 22% | 5★ (41) | 0.3 mi | AirbnbVrbo |
Classic & Charming Cabin w/ Hot Tub House | 2 bd · 1 ba · sleeps 5 | $23,661 | $280 | 23% | 4.8★ (21) | 0.3 mi | AirbnbVrboBooking |
Sugar Pine cabin walking distance to the lake Cabin | 2 bd · 1 ba · sleeps 6 | $27,254 | $547 | 14% | 4.8★ (74) | 0.3 mi | Airbnb |
Lakeview Cabin W Fireplace & Near to Village Cabin | 2 bd · 2 ba · sleeps 4 | $39,631 | $239 | 45% | 5★ (31) | 0.4 mi | AirbnbVrbo |
1 bed +loft 2 bath | Noon Lodge Cabin | 2 bd · 2 ba · sleeps 4 | $12,291 | $270 | 12% | 5★ (4) | 0.4 mi | Airbnb |
Fireplace & BBQ + Deck + Walk to Lake & Village Cabin | 2 bd · 2 ba · sleeps 4 | $7,300 | $285 | 7% | 4.5★ (9) | 0.4 mi | AirbnbBooking |
Lupine Lakeside Resort Cabin at Shore Acres by Big Bear Vacations Vacation home | 2 bd · 1 ba · sleeps 5 | $51,831 | $423 | 34% | 3.5★ (2) | 0.4 mi | Booking |
#2 Large 2 room Suite w/kitchenette .With AC Guest suite | 2 bd · 1 ba · sleeps 4 | $3,732 | $284 | 4% | 4.9★ (108) | 0.4 mi | Airbnb |
Lakeview Family Cabin by Big Bear Vacations Vacation home | 2 bd · 1 ba · sleeps 7 | $58,998 | $435 | 37% | 4.3★ (6) | 0.4 mi | Booking |
Lupine #106 Vacation home | 2 bd · 1 ba · sleeps 5 | $70,962 | $452 | 43% | 3.2★ (2) | 0.4 mi | Booking |
The Highpoint A-Frame w/ Deck & Mountain Vibes Cabin | 2 bd · 1 ba · sleeps 4 | $24,577 | $208 | 32% | 4.8★ (5) | 0.4 mi | AirbnbVrbo |
Lupine Lakeside Family Cabin at Shore Acres Lodge Cabin | 2 bd · 1 ba · sleeps 5 | $65,151 | $385 | 46% | 4★ (23) | 0.4 mi | AirbnbVrboBooking |
Luxury Retreat-HOT TUB-Near Village & Marina Cabin | 2 bd · 2 ba · sleeps 7 | $1,895 | $190 | 3% | 2★ (1) | 0.4 mi | Airbnb |
LUXURY RETREAT NEAR VILLAGE & MARINA Cabin | 2 bd · 2 ba · sleeps 7 | $32,919 | $425 | 21% | 5★ (249) | 0.4 mi | AirbnbVrbo |
Charming Cabin Near Lake, Slopes & Village Cabin | 2 bd · 1 ba · sleeps 4 | $27,974 | $288 | 27% | 4.6★ (76) | 0.4 mi | AirbnbVrboBooking |
New! • Mid Century A-Frame Cabin • Cabin | 2 bd · 1 ba · sleeps 4 | $16,113 | $150 | 29% | 4.2★ (5) | 0.4 mi | AirbnbVrbo |
Cozy Cabin w/ Deck - 2 Mi to Bear Mountain Resort! Cabin | 2 bd · 1 ba · sleeps 6 | $16,124 | $183 | 24% | 4.5★ (18) | 0.4 mi | AirbnbVrboBooking |
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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$24,722
NOI
-$2,455
Cash flow /mo
-$2,710
Cash needed
$134,850
Cash-on-cash
-24.1%
ROE (yr 1)
-11.5%
Cap rate
-0.5%
DSCR
-0.08
Year-1 write-off
$115,177
Year-1 tax shield @ 32%
$36,857
Year-1 return on equity
- Cash flow (annual)-$32,523
- Principal paydown$3,043
- Appreciation at%$13,950
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$4,944
- Platform fees (3% of revenue)$742
- Maintenance / capex (5% of revenue)$1,236
- Utilities & supplies$4,200
- HOA$8,568
- Property tax$5,813
- Insurance (STR-rated)$2,372
Cash needed to close
- Down payment (25%)$116,250
- Closing costs (4.0%)$18,600
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$36,857
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
$374,000
Short-life (5/15-yr)
$114,000 · 31%
Year-1 deduction
$115,000
Year-1 tax shield @ 32%
$37,000
Land 20% (county tax record, assessed value split) · building $259,000 over 39 years
Based on: 1,462 sq ft, built 1983, 2 bd / 2 ba, furnished, listing features (hot tub, fence, game room, fireplace, stone counters, flooring types, appliance list).
IRS-guide safe-harbor floor: $87,000 in year 1 (23% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,900
Kitchen cabinetsdefault
$9,000 new × 40% good × 3.02 allocation
- $11,100
Kitchen countertops (stone)listing
$9,200 new × 40% good × 3.02 allocation
- $3,100
Decorative trimdefault
$2,600 new × 40% good × 3.02 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.02 allocation
- $1,100
Shelvingdefault
$900 new × 40% good × 3.02 allocation
- $4,500
Window coverings (15)default
$3,800 new × 40% good × 3.02 allocation
- $5,700
Carpet, vinyl & laminate (50% of floors)listing
$4,700 new × 40% good × 3.02 allocation
- $8,500
Kitchen & laundry equipment plumbingdefault
$7,000 new × 40% good × 3.02 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 3.02 allocation
- $7,400
Appliances (range, microwave, dishwasher, disposal, refrigerator)listing
$6,100 new × 40% good × 3.02 allocation
- $10,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.02 allocation
- $6,400
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $12,000
Paving: driveway & walks (paved)listing
$7,900 new × 50% good × 3.02 allocation
- $11,500
Landscaping (typical)default
$7,600 new × 50% good × 3.02 allocation
- $2,200
Patiosdefault
$1,400 new × 50% good × 3.02 allocation
- $2,200
Decks & porches (attached)default
$1,400 new × 50% good × 3.02 allocation
- $9,100
Fencinglisting
$6,000 new × 50% good × 3.02 allocation
- $191,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$158,500 new × 40% good × 3.02 allocation
- $19,800
Building plumbing & fixturesdefault
$16,400 new × 40% good × 3.02 allocation
- $19,100
Building electrical & lightingdefault
$15,800 new × 40% good × 3.02 allocation
- $19,900
HVACdefault
$16,500 new × 40% good × 3.02 allocation
- $5,700
Hardwood & tile floorsdefault
$4,700 new × 40% good × 3.02 allocation
- $3,200
Fireplacelisting
$2,600 new × 40% good × 3.02 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $77,400 | $36,900 | $800 | $115,200 |
| 2 | $0 | $0 | $6,700 | $6,700 |
| 3 | $0 | $0 | $6,700 | $6,700 |
| 4 | $0 | $0 | $6,700 | $6,700 |
| 5 | $0 | $0 | $6,700 | $6,700 |
| 6+ | $0 | $0 | $231,900 | $231,900 |
| Total | $77,400 | $36,900 | $259,400 | $373,700 |
The building's share of the price ($365,000) is 3.0x our depreciated replacement cost of the home ($121,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
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.