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39251 Cedar Dell Rd

39251 Cedar Dell Rd

Fawnskin, CA 92333

$335,000

2 bd · 2 ba · Listed 24d ago

View on Realtor.com →
Low confidence

Year built

1962

Sqft

—

Lot sqft

9,898

HOA / mo

None

Furnished

No

List date

2026-09-05T20:26:46.000000Z

Revenue

Annual revenue

$30,687

ADR

$208

Occupancy

40%

Cleaning fees (12 mo)

$5,872

Confidence

Low (30.19), 33 comps

Comp revenue range (p25 / median / p75)

$15,791$28,993$45,969
  • Cozy Forest Cottage w Lake Glimpse & Grill!

    House · 2 bd · 1 ba · sleeps 6 · 246 ft

    Revenue $3,858ADR $257Occ ≈ 4%—

    AirbnbVrbo

  • Cozy Forest Cottage with Lake Views and Grill

    House · 2 bd · 1 ba · sleeps 6 · 272 ft

    Revenue $1,743ADR $174Occ ≈ 3%—

    AirbnbBooking

  • enjoy a quiet and cozy in cabin in fawnskin

    Cabin · 2 bd · 1 ba · sleeps 6 · 272 ft

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

    AirbnbVrboBooking

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

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 463 ft

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

    AirbnbVrboBooking

  • Fawnskin Pines Relaxing Mountain Cottage

    Cabin · 2 bd · 1 ba · sleeps 4 · 472 ft

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

    AirbnbVrbo

  • Fawnskin pines #2259

    Vacation home · 2 bd · 1 ba · sleeps 4 · 476 ft

    Revenue $34,840ADR $586Occ ≈ 16%—

    Booking

  • Classic A-Frame with a Designers Touch!

    Cabin · 2 bd · 1 ba · sleeps 4 · 476 ft

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

    AirbnbVrbo

  • Fawnskin Pines by Big Bear Vacations Charming Mountain Cottage

    Vacation home · 2 bd · 1 ba · sleeps 4 · 482 ft

    Revenue $15,055ADR $566Occ ≈ 7%4.5★ (1)

    Booking

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

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.1 mi

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

    AirbnbVrbo

  • "The Little Red Cabin" Big Bear / Fawnskin

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.1 mi

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

    AirbnbVrbo

Show all 33 comps
  • Eagles! Hot Tub | Screened Porch | Pets Free

    Tiny house · 2 bd · 1.5 ba · sleeps 2 · 0.1 mi

    Revenue $84,168ADR $337Occ ≈ 68%5★ (1)

    Airbnb

  • Cozy ‘lil Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

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

    AirbnbVrbo

  • Sioux House

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

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

    AirbnbBooking

  • The Astral at Fawnskin Big Bear Lake Views

    House · 2 bd · 2 ba · sleeps 5 · 0.3 mi

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

    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

  • Big Bear Lake Chalet | Spring Escape & Patio

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

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

    AirbnbVrbo

  • Mountaintop Chalet Big Bear Lake Breathtaking View

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

    Revenue $13,609ADR $368Occ ≈ 10%4.9★ (49)

    Airbnb

  • Modern Retro Cabin w/ Spa And The Best Vibes!

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

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

    AirbnbVrboBooking

  • Mountain Getaway | Near Big Bear Lake & Hiking

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

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

    AirbnbVrboBooking

  • TOP RATED- Big Bear Stargazer Cabin with Hot Tub

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

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

    AirbnbVrbo

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

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

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

    AirbnbVrboBooking

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

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

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

    AirbnbVrbo

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

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

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

    AirbnbVrbo

  • High-Top Lakeview Chateau #2520

    Vacation home · 2 bd · 2 ba · sleeps 5 · 0.6 mi

    Revenue $90,511ADR $393Occ ≈ 63%—

    Booking

  • High-Top Lakeview Chateau | Relaxing Retreat

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.6 mi

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

    AirbnbVrboBooking

  • Fawnskin Cabin Retreat Big Yard Firepit & Minutes

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.6 mi

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

    AirbnbVrboBooking

  • Fawnskin Forest Haven

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.6 mi

    Revenue $34,949ADR $145Occ ≈ 66%—

    Booking

  • Idle Ours Cabin ~ Rustic and Cozy Cabin with Firep

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.6 mi

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

    AirbnbVrboBooking

  • Cozy Mountain Escape with Fireplace Charm

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

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

    AirbnbVrboBooking

  • The Moose Cottage

    House · 2 bd · 1 ba · sleeps 4 · 0.7 mi

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

    Airbnb

  • Walkable Forest Retreat; Pet Friendly & Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.7 mi

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

    AirbnbVrbo

  • Happy Tails Lodge

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.7 mi

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

    AirbnbVrbo

  • Sierra style cabin on a quiet road in Fawnskin.

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.8 mi

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

    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

Financing

Est. revenue

$30,687

NOI

$12,501

Cash flow /mo

$1,042

Cash needed

$364,400

Cash-on-cash (all cash)

3.4%

ROE (yr 1)

6.2%

Cap rate

3.7%

DSCR

—

Year-1 write-off

$95,476

Year-1 tax shield @ 32%

$30,552

Year-1 return on equity

  • Cash flow (annual)$12,501
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$10,050
ROE6.2%
ROE incl. year-1 tax savings (32% bracket, STR loophole)14.6%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$6,137
  • Platform fees (3% of revenue)$921
  • Maintenance / capex (5% of revenue)$1,534
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,188
  • Insurance (STR-rated)$1,709

Cash needed to close

  • Purchase price (all cash)$335,000
  • Closing costs (4.0%)$13,400
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$30,552

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

$242,000

Short-life (5/15-yr)

$79,000 · 33%

Year-1 deduction

$95,000

Year-1 tax shield @ 32%

$31,000

Land 28% (county tax record, assessed value split) · building $163,000 over 39 years · new furniture $16,000

Based on: ~1,400 sq ft (from beds), built 1962, 2 bd / 2 ba, unfurnished, listing features (deck, flooring types, appliance list).

IRS-guide safe-harbor floor: $63,000 in year 1 (19% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$56,600
  • Kitchen cabinetsdefault

    $8,900 new × 40% good × 2.06 allocation

    $7,300
  • Kitchen countertopsdefault

    $7,300 new × 40% good × 2.06 allocation

    $6,000
  • Decorative trimdefault

    $2,500 new × 40% good × 2.06 allocation

    $2,000
  • Mirrorsdefault

    $300 new × 40% good × 2.06 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 2.06 allocation

    $700
  • Window coverings (14)default

    $3,500 new × 40% good × 2.06 allocation

    $2,900
  • Carpet, vinyl & laminate (100% of floors)listing

    $9,000 new × 40% good × 2.06 allocation

    $7,400
  • Kitchen & laundry equipment plumbingdefault

    $6,900 new × 40% good × 2.06 allocation

    $5,700
  • Kitchen, laundry & data equipment electricaldefault

    $4,200 new × 40% good × 2.06 allocation

    $3,400
  • Appliances (range, dishwasher, refrigerator, washer)listing

    $6,000 new × 40% good × 2.06 allocation

    $4,900
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$38,400
  • Paving: driveway & walks (paved)default

    $7,800 new × 50% good × 2.06 allocation

    $8,000
  • Landscaping (typical)default

    $7,500 new × 50% good × 2.06 allocation

    $7,700
  • Patiosdefault

    $1,400 new × 50% good × 2.06 allocation

    $1,400
  • Decks & porches (attached)listing

    $15,800 new × 50% good × 2.06 allocation

    $16,200
  • Gazebo / pergolalisting

    $5,000 new × 50% good × 2.06 allocation

    $5,100
Building, 39-year$163,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $151,800 new × 40% good × 2.06 allocation

    $124,800
  • Building plumbing & fixturesdefault

    $15,700 new × 40% good × 2.06 allocation

    $12,900
  • Building electrical & lightingdefault

    $15,000 new × 40% good × 2.06 allocation

    $12,300
  • HVACdefault

    $15,800 new × 40% good × 2.06 allocation

    $13,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$56,600$38,400$500$95,500
2$0$0$4,200$4,200
3$0$0$4,200$4,200
4$0$0$4,200$4,200
5$0$0$4,200$4,200
6+$0$0$145,800$145,800
Total$56,600$38,400$163,000$257,900

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.