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1137 Ridge Rd

1137 Ridge Rd

Fawnskin, CA 92333

$389,000

2 bd · 1 ba · 751 sqft · Listed 9d ago

View on Realtor.com →
Low confidence

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)

$15,791$28,993$45,969
  • Modern Retro Cabin w/ Spa And The Best Vibes!

    Cabin · 2 bd · 2 ba · sleeps 6 · 52 ft

    Revenue $49,453ADR $355Occ ≈ 38%4.5★ (41)

    AirbnbVrboBooking

  • TOP RATED- Big Bear Stargazer Cabin with Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 6 · 217 ft

    Revenue $26,210ADR $387Occ ≈ 19%5★ (55)

    AirbnbVrbo

  • Big Bear Lake Chalet | Spring Escape & Patio

    House · 2 bd · 2 ba · sleeps 6 · 276 ft

    Revenue $43,891ADR $244Occ ≈ 49%5★ (33)

    AirbnbVrbo

  • 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)

    Airbnb

  • The Astral at Fawnskin Big Bear Lake Views

    House · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $39,102ADR $314Occ ≈ 34%5★ (190)

    AirbnbVrbo

  • High-Top Lakeview Chateau #2520

    Vacation home · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $90,511ADR $393Occ ≈ 63%—

    Booking

  • High-Top Lakeview Chateau | Relaxing Retreat

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $82,503ADR $416Occ ≈ 54%4.5★ (17)

    AirbnbVrboBooking

  • SKI 5 Miles | Game Loft | MTN Views | BBQ | WIFI

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $48,753ADR $212Occ ≈ 63%5★ (362)

    AirbnbVrbo

  • Big Bear Lake Cabin w/ Deck ~ 7 Mi to Ski Slopes!

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $45,969ADR $193Occ ≈ 65%4.9★ (43)

    AirbnbVrboBooking

  • Fisherman's Retreat on Big Bear Lake's North Shore

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $18,870ADR $216Occ ≈ 24%4.8★ (153)

    AirbnbVrbo

Show all 33 comps
  • Fawnskin Forest Haven

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $34,949ADR $145Occ ≈ 66%—

    Booking

  • Idle Ours Cabin ~ Rustic and Cozy Cabin with Firep

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $17,461ADR $267Occ ≈ 18%4.3★ (6)

    AirbnbVrboBooking

  • Cozy Mountain Escape with Fireplace Charm

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $14,395ADR $225Occ ≈ 18%4.5★ (20)

    AirbnbVrboBooking

  • Mountain Getaway | Near Big Bear Lake & Hiking

    House · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $15,791ADR $264Occ ≈ 16%4.7★ (10)

    AirbnbVrboBooking

  • Walkable Forest Retreat; Pet Friendly & Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $40,707ADR $167Occ ≈ 67%4.7★ (39)

    AirbnbVrbo

  • Welcome to Malu! Hot Tub + Great Views!

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $41,165ADR $167Occ ≈ 68%4.9★ (105)

    AirbnbVrbo

  • The Moose Cottage

    House · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $54,884ADR $222Occ ≈ 68%5★ (136)

    Airbnb

  • Happy Tails Lodge

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.3 mi

    Revenue $32,648ADR $152Occ ≈ 59%5★ (33)

    AirbnbVrbo

  • Fawnskin Cabin Retreat Big Yard Firepit & Minutes

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $23,308ADR $191Occ ≈ 33%4.6★ (58)

    AirbnbVrboBooking

  • Sierra style cabin on a quiet road in Fawnskin.

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi

    Revenue $11,685ADR $210Occ ≈ 15%4.3★ (24)

    AirbnbVrboBooking

  • Sioux House

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.4 mi

    Revenue $17,387ADR $137Occ ≈ 35%4.8★ (64)

    AirbnbBooking

  • enjoy a quiet and cozy in cabin in fawnskin

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi

    Revenue $5,017ADR $200Occ ≈ 7%2.5★ (6)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • Cozy Forest Cottage w Lake Glimpse & Grill!

    House · 2 bd · 1 ba · sleeps 6 · 0.4 mi

    Revenue $3,858ADR $257Occ ≈ 4%—

    AirbnbVrbo

  • Classic A-Frame with a Designers Touch!

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $28,993ADR $229Occ ≈ 35%4.9★ (176)

    AirbnbVrbo

  • Big Bear Lake & Forest Cabin | Hot Tub & Office

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.5 mi

    Revenue $61,626ADR $215Occ ≈ 79%5★ (122)

    AirbnbVrbo

  • Cozy Forest Cottage with Lake Views and Grill

    House · 2 bd · 1 ba · sleeps 6 · 0.5 mi

    Revenue $1,743ADR $174Occ ≈ 3%—

    AirbnbBooking

  • Fawnskin Pines Relaxing Mountain Cottage

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $17,159ADR $391Occ ≈ 12%4.5★ (24)

    AirbnbVrbo

  • 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)

    Booking

  • Game room and hot tub *Oso-Cozy Cabin*

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.5 mi

    Revenue $56,252ADR $225Occ ≈ 68%4.8★ (187)

    AirbnbVrboBooking

  • Fawnskin pines #2259

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.5 mi

    Revenue $34,840ADR $586Occ ≈ 16%—

    Booking

  • "The Little Red Cabin" Big Bear / Fawnskin

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.5 mi

    Revenue $12,315ADR $210Occ ≈ 16%5★ (5)

    AirbnbVrbo

  • Cozy ‘lil Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.6 mi

    Revenue $16,976ADR $169Occ ≈ 28%4.9★ (18)

    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

Financing

Est. revenue

$37,705

NOI

$16,685

Cash flow /mo

$1,390

Cash needed

$420,560

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.7%

Cap rate

4.3%

DSCR

—

Year-1 write-off

$137,685

Year-1 tax shield @ 32%

$44,059

Year-1 return on equity

  • Cash flow (annual)$16,685
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,670
ROE6.7%
ROE incl. year-1 tax savings (32% bracket, STR loophole)17.2%
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

  • Purchase price (all cash)$389,000
  • 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.

5-year property$80,300
  • Kitchen cabinetsdefault

    $7,400 new × 40% good × 4.31 allocation

    $12,900
  • Kitchen countertopsdefault

    $6,100 new × 40% good × 4.31 allocation

    $10,500
  • Decorative trimdefault

    $1,300 new × 40% good × 4.31 allocation

    $2,300
  • Mirrorsdefault

    $200 new × 40% good × 4.31 allocation

    $300
  • Shelvingdefault

    $900 new × 40% good × 4.31 allocation

    $1,600
  • Window coverings (8)default

    $2,000 new × 40% good × 4.31 allocation

    $3,500
  • Carpet, vinyl & laminate (40% of floors)default

    $1,900 new × 40% good × 4.31 allocation

    $3,300
  • Kitchen & laundry equipment plumbingdefault

    $5,800 new × 40% good × 4.31 allocation

    $10,000
  • Kitchen, laundry & data equipment electricaldefault

    $3,500 new × 40% good × 4.31 allocation

    $6,000
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 4.31 allocation

    $14,000
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$56,800
  • Paving: driveway & walks (paved)default

    $5,700 new × 50% good × 4.31 allocation

    $12,300
  • Landscaping (typical)default

    $5,500 new × 50% good × 4.31 allocation

    $11,800
  • Patiosdefault

    $700 new × 50% good × 4.31 allocation

    $1,600
  • Decks & porches (attached)listing

    $8,400 new × 50% good × 4.31 allocation

    $18,200
  • Fencinglisting

    $6,000 new × 50% good × 4.31 allocation

    $12,900
Building, 39-year$190,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $81,000 new × 40% good × 4.31 allocation

    $139,800
  • Building plumbing & fixturesdefault

    $8,400 new × 40% good × 4.31 allocation

    $14,400
  • Building electrical & lightingdefault

    $6,800 new × 40% good × 4.31 allocation

    $11,700
  • HVACdefault

    $8,500 new × 40% good × 4.31 allocation

    $14,600
  • Hardwood & tile floorsdefault

    $2,900 new × 40% good × 4.31 allocation

    $5,000
  • Fireplacelisting

    $2,600 new × 40% good × 4.31 allocation

    $4,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.