1137 Ridge Rd
Fawnskin, CA 92333
$389,000
2 bd · 1 ba · 751 sqft · Listed 9d ago
View on Realtor.com →Year built
1952
Sqft
751
Lot sqft
7,270
HOA / mo
$0
Furnished
No
List date
2026-09-20T02:17:47.000000Z
Revenue
Annual revenue
$37,705
ADR
$240
Occupancy
43%
Cleaning fees (12 mo)
$7,168
Confidence
Low (30.19), 33 comps
Comp revenue range (p25 / median / p75)
Mountaintop Chalet Big Bear Lake Breathtaking View
Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $13,609ADR $368Occ ≈ 10%4.9★ (49)
High-Top Lakeview Chateau #2520
Vacation home · 2 bd · 2 ba · sleeps 5 · 0.2 mi
Revenue $90,511ADR $393Occ ≈ 63%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern Retro Cabin w/ Spa And The Best Vibes! Cabin | 2 bd · 2 ba · sleeps 6 | $49,453 | $355 | 38% | 4.5★ (41) | 52 ft | AirbnbVrboBooking |
TOP RATED- Big Bear Stargazer Cabin with Hot Tub Cabin | 2 bd · 1 ba · sleeps 6 | $26,210 | $387 | 19% | 5★ (55) | 217 ft | AirbnbVrbo |
Big Bear Lake Chalet | Spring Escape & Patio House | 2 bd · 2 ba · sleeps 6 | $43,891 | $244 | 49% | 5★ (33) | 276 ft | AirbnbVrbo |
Mountaintop Chalet Big Bear Lake Breathtaking View Cabin | 2 bd · 2 ba · sleeps 6 | $13,609 | $368 | 10% | 4.9★ (49) | 0.1 mi | Airbnb |
The Astral at Fawnskin Big Bear Lake Views House | 2 bd · 2 ba · sleeps 5 | $39,102 | $314 | 34% | 5★ (190) | 0.2 mi | AirbnbVrbo |
High-Top Lakeview Chateau #2520 Vacation home | 2 bd · 2 ba · sleeps 5 | $90,511 | $393 | 63% | — | 0.2 mi | Booking |
High-Top Lakeview Chateau | Relaxing Retreat Cabin | 2 bd · 2 ba · sleeps 5 | $82,503 | $416 | 54% | 4.5★ (17) | 0.2 mi | AirbnbVrboBooking |
SKI 5 Miles | Game Loft | MTN Views | BBQ | WIFI Cabin | 2 bd · 1 ba · sleeps 6 | $48,753 | $212 | 63% | 5★ (362) | 0.2 mi | AirbnbVrbo |
Big Bear Lake Cabin w/ Deck ~ 7 Mi to Ski Slopes! Cabin | 2 bd · 1 ba · sleeps 6 | $45,969 | $193 | 65% | 4.9★ (43) | 0.2 mi | AirbnbVrboBooking |
Fisherman's Retreat on Big Bear Lake's North Shore Cabin | 2 bd · 1.5 ba · sleeps 6 | $18,870 | $216 | 24% | 4.8★ (153) | 0.2 mi | AirbnbVrbo |
Show all 33 comps
Fawnskin Forest Haven
Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi
Revenue $34,949ADR $145Occ ≈ 66%—
The Moose Cottage
House · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $54,884ADR $222Occ ≈ 68%5★ (136)
Eagles! Hot Tub | Screened Porch | Pets Free
Tiny house · 2 bd · 1.5 ba · sleeps 2 · 0.4 mi
Revenue $84,168ADR $337Occ ≈ 68%5★ (1)
Fawnskin Pines by Big Bear Vacations Charming Mountain Cottage
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.5 mi
Revenue $15,055ADR $566Occ ≈ 7%4.5★ (1)
Fawnskin pines #2259
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.5 mi
Revenue $34,840ADR $586Occ ≈ 16%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Fawnskin Forest Haven Vacation home | 2 bd · 1 ba · sleeps 5 | $34,949 | $145 | 66% | — | 0.2 mi | Booking |
Idle Ours Cabin ~ Rustic and Cozy Cabin with Firep Cabin | 2 bd · 1 ba · sleeps 6 | $17,461 | $267 | 18% | 4.3★ (6) | 0.2 mi | AirbnbVrboBooking |
Cozy Mountain Escape with Fireplace Charm Cabin | 2 bd · 2 ba · sleeps 6 | $14,395 | $225 | 18% | 4.5★ (20) | 0.3 mi | AirbnbVrboBooking |
Mountain Getaway | Near Big Bear Lake & Hiking House | 2 bd · 1 ba · sleeps 6 | $15,791 | $264 | 16% | 4.7★ (10) | 0.3 mi | AirbnbVrboBooking |
Walkable Forest Retreat; Pet Friendly & Hot Tub Cabin | 2 bd · 1 ba · sleeps 5 | $40,707 | $167 | 67% | 4.7★ (39) | 0.3 mi | AirbnbVrbo |
Welcome to Malu! Hot Tub + Great Views! Cabin | 2 bd · 1 ba · sleeps 6 | $41,165 | $167 | 68% | 4.9★ (105) | 0.3 mi | AirbnbVrbo |
The Moose Cottage House | 2 bd · 1 ba · sleeps 4 | $54,884 | $222 | 68% | 5★ (136) | 0.3 mi | Airbnb |
Happy Tails Lodge Cabin | 2 bd · 1.5 ba · sleeps 6 | $32,648 | $152 | 59% | 5★ (33) | 0.3 mi | AirbnbVrbo |
Fawnskin Cabin Retreat Big Yard Firepit & Minutes Cabin | 2 bd · 1 ba · sleeps 5 | $23,308 | $191 | 33% | 4.6★ (58) | 0.3 mi | AirbnbVrboBooking |
Sierra style cabin on a quiet road in Fawnskin. Cabin | 2 bd · 1 ba · sleeps 6 | $11,685 | $210 | 15% | 4.3★ (24) | 0.4 mi | AirbnbVrboBooking |
Sioux House Cabin | 2 bd · 1 ba · sleeps 4 | $17,387 | $137 | 35% | 4.8★ (64) | 0.4 mi | AirbnbBooking |
enjoy a quiet and cozy in cabin in fawnskin Cabin | 2 bd · 1 ba · sleeps 6 | $5,017 | $200 | 7% | 2.5★ (6) | 0.4 mi | AirbnbVrboBooking |
Eagles! Hot Tub | Screened Porch | Pets Free Tiny house | 2 bd · 1.5 ba · sleeps 2 | $84,168 | $337 | 68% | 5★ (1) | 0.4 mi | Airbnb |
Cozy Forest Cottage w Lake Glimpse & Grill! House | 2 bd · 1 ba · sleeps 6 | $3,858 | $257 | 4% | — | 0.4 mi | AirbnbVrbo |
Classic A-Frame with a Designers Touch! Cabin | 2 bd · 1 ba · sleeps 4 | $28,993 | $229 | 35% | 4.9★ (176) | 0.5 mi | AirbnbVrbo |
Big Bear Lake & Forest Cabin | Hot Tub & Office Cabin | 2 bd · 1.5 ba · sleeps 5 | $61,626 | $215 | 79% | 5★ (122) | 0.5 mi | AirbnbVrbo |
Cozy Forest Cottage with Lake Views and Grill House | 2 bd · 1 ba · sleeps 6 | $1,743 | $174 | 3% | — | 0.5 mi | AirbnbBooking |
Fawnskin Pines Relaxing Mountain Cottage Cabin | 2 bd · 1 ba · sleeps 4 | $17,159 | $391 | 12% | 4.5★ (24) | 0.5 mi | AirbnbVrbo |
Fawnskin Pines by Big Bear Vacations Charming Mountain Cottage Vacation home | 2 bd · 1 ba · sleeps 4 | $15,055 | $566 | 7% | 4.5★ (1) | 0.5 mi | Booking |
Game room and hot tub *Oso-Cozy Cabin* Cabin | 2 bd · 1.5 ba · sleeps 6 | $56,252 | $225 | 68% | 4.8★ (187) | 0.5 mi | AirbnbVrboBooking |
Fawnskin pines #2259 Vacation home | 2 bd · 1 ba · sleeps 4 | $34,840 | $586 | 16% | — | 0.5 mi | Booking |
"The Little Red Cabin" Big Bear / Fawnskin Cabin | 2 bd · 1 ba · sleeps 8 | $12,315 | $210 | 16% | 5★ (5) | 0.5 mi | AirbnbVrbo |
Cozy ‘lil Cabin Cabin | 2 bd · 1 ba · sleeps 4 | $16,976 | $169 | 28% | 4.9★ (18) | 0.6 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$37,705
NOI
$16,685
Cash flow /mo
-$706
Cash needed
$128,810
Cash-on-cash
-6.6%
ROE (yr 1)
4.5%
Cap rate
4.3%
DSCR
0.66
Year-1 write-off
$137,685
Year-1 tax shield @ 32%
$44,059
Year-1 return on equity
- Cash flow (annual)-$8,470
- Principal paydown$2,546
- Appreciation at%$11,670
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$7,541
- Platform fees (3% of revenue)$1,131
- Maintenance / capex (5% of revenue)$1,885
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,863
- Insurance (STR-rated)$1,984
Cash needed to close
- Down payment (25%)$97,250
- Closing costs (4.0%)$15,560
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$44,059
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
$311,000
Short-life (5/15-yr)
$121,000 · 39%
Year-1 deduction
$138,000
Year-1 tax shield @ 32%
$44,000
Land 20% (county tax record, assessed value split) · building $190,000 over 39 years · new furniture $16,000
Based on: 751 sq ft, built 1952, 2 bd / 1 ba, unfurnished, listing features (deck, fence, fireplace).
IRS-guide safe-harbor floor: $92,000 in year 1 (24% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,900
Kitchen cabinetsdefault
$7,400 new × 40% good × 4.31 allocation
- $10,500
Kitchen countertopsdefault
$6,100 new × 40% good × 4.31 allocation
- $2,300
Decorative trimdefault
$1,300 new × 40% good × 4.31 allocation
- $300
Mirrorsdefault
$200 new × 40% good × 4.31 allocation
- $1,600
Shelvingdefault
$900 new × 40% good × 4.31 allocation
- $3,500
Window coverings (8)default
$2,000 new × 40% good × 4.31 allocation
- $3,300
Carpet, vinyl & laminate (40% of floors)default
$1,900 new × 40% good × 4.31 allocation
- $10,000
Kitchen & laundry equipment plumbingdefault
$5,800 new × 40% good × 4.31 allocation
- $6,000
Kitchen, laundry & data equipment electricaldefault
$3,500 new × 40% good × 4.31 allocation
- $14,000
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 4.31 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $12,300
Paving: driveway & walks (paved)default
$5,700 new × 50% good × 4.31 allocation
- $11,800
Landscaping (typical)default
$5,500 new × 50% good × 4.31 allocation
- $1,600
Patiosdefault
$700 new × 50% good × 4.31 allocation
- $18,200
Decks & porches (attached)listing
$8,400 new × 50% good × 4.31 allocation
- $12,900
Fencinglisting
$6,000 new × 50% good × 4.31 allocation
- $139,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$81,000 new × 40% good × 4.31 allocation
- $14,400
Building plumbing & fixturesdefault
$8,400 new × 40% good × 4.31 allocation
- $11,700
Building electrical & lightingdefault
$6,800 new × 40% good × 4.31 allocation
- $14,600
HVACdefault
$8,500 new × 40% good × 4.31 allocation
- $5,000
Hardwood & tile floorsdefault
$2,900 new × 40% good × 4.31 allocation
- $4,500
Fireplacelisting
$2,600 new × 40% good × 4.31 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $80,300 | $56,800 | $600 | $137,700 |
| 2 | $0 | $0 | $4,900 | $4,900 |
| 3 | $0 | $0 | $4,900 | $4,900 |
| 4 | $0 | $0 | $4,900 | $4,900 |
| 5 | $0 | $0 | $4,900 | $4,900 |
| 6+ | $0 | $0 | $170,000 | $170,000 |
| Total | $80,300 | $56,800 | $190,100 | $327,200 |
The building's share of the price ($311,000) is 4.3x our depreciated replacement cost of the home ($72,000). 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.