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40189 Mahanoy Ln

40189 Mahanoy Ln

Big Bear Lake, CA 92315

$509,000

3 bd · 2 ba · Listed today

View on Realtor.com →

Year built

1953

Sqft

—

Lot sqft

5,000

HOA / mo

None

Furnished

Yes

List date

2026-10-06T05:50:17.000000Z

Revenue

Annual revenue

$28,973

ADR

$251

Occupancy

32%

Cleaning fees (12 mo)

$6,506

Confidence

Low (50.71), 49 comps

Comp revenue range (p25 / median / p75)

$17,225$25,602$37,053

Median revenue of shown comps: $24,819

  • The Dream Catcher| Modern Rustic w/ Hot Tub & EV

    Cabin · 3 bd · 3 ba · sleeps 8 · 102 ft

    Revenue $25,590ADR $457Occ ≈ 15%4.8★ (15)

    Airbnb

  • Big Bear Lake Family Cabin, located 5 mins from Snow Play

    Cabin · 3 bd · 3 ba · sleeps 7 · 115 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $19,802ADR $255Occ ≈ 21%5★ (2)

    Vrbo

  • Dream Street Retreat - lake, village, trails, more

    Cabin · 3 bd · 2 ba · sleeps 6 · 190 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $34,059ADR $192Occ ≈ 49%4.9★ (149)

    AirbnbVrbo

  • Home From Home in Big Bear Lake

    Cabin · 3 bd · 3 ba · sleeps 6 · 230 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $13,141ADR $242Occ ≈ 15%5★ (18)

    Airbnb

  • Kelley's Kabin Downtown Retreat w/ Hot Tub

    Vacation home · 3 bd · 2 ba · sleeps 6 · 243 ft

    Revenue $37,053ADR $492Occ ≈ 21%—

    Booking

  • Village chic chalet #2113

    Vacation home · 3 bd · 2 ba · sleeps 7 · 243 ft

    Revenue $3,599ADR $257Occ ≈ 4%—

    Booking

  • Kelley's Kabin Downtown Retreat w/ Hot Tub

    Cabin · 3 bd · 1.5 ba · sleeps 6 · 249 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $20,132ADR $437Occ ≈ 13%3.3★ (10)

    AirbnbVrboBooking

  • Family Fun close to hiking trails and lake

    House · 3 bd · 2 ba · sleeps 6 · 272 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +4

    Revenue $21,489ADR $219Occ ≈ 27%5★ (67)

    Airbnb

  • Ursa Major Lodge Walk to Lake & Village Hot tub firepit

    Vacation home · 3 bd · 3 ba · sleeps 6 · 292 ft

    Revenue $15,365ADR $293Occ ≈ 14%5★ (1)

    Booking

  • Village Chic Chalet- Walk to Lake- Hot Tub

    Cabin · 3 bd · 2.5 ba · sleeps 7 · 299 ft

    Revenue $37,296ADR $281Occ ≈ 36%4★ (16)

    AirbnbVrbo

Show 29 more
  • Green Squirrel Chateau by Big Bear Vacations

    Vacation home · 3 bd · 2 ba · sleeps 7 · 308 ft

    Revenue $41,600ADR $711Occ ≈ 16%2.8★ (2)

    Booking

  • Lakeview Cabin , Game Room , Parking , Hot Tub

    House · 3 bd · 2.5 ba · sleeps 10 · 315 ft

    Revenue $18,850ADR $603Occ ≈ 9%—

    Vrbo

  • Green Squirrel Chateau w/ Pool Table + Games

    Cabin · 3 bd · 2 ba · sleeps 7 · 315 ft

    Revenue $33,010ADR $689Occ ≈ 13%4.2★ (7)

    AirbnbVrboBooking

  • New! Cute w/Spa, Dogs OK-The Wilderness Haven

    House · 3 bd · 1 ba · sleeps 8 · 361 ft

    Revenue $34,280ADR $355Occ ≈ 26%4.2★ (27)

    AirbnbVrboBooking

  • Modern Cozy with AC, Hot Tub, Close to Downtown

    Cabin · 3 bd · 3 ba · sleeps 7 · 371 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $22,183ADR $356Occ ≈ 17%5★ (96)

    AirbnbVrbo

  • Modern 3bdr, Spa, Playroom, Dog Friendly

    House · 3 bd · 2 ba · sleeps 7 · 387 ft

    Revenue $35,994ADR $274Occ ≈ 36%4.9★ (332)

    AirbnbVrbo

  • Sparkling Chalet: AC • Spa • EV • Games • Village

    Chalet · 3 bd · 2 ba · sleeps 8 · 404 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $44,743ADR $281Occ ≈ 44%4.8★ (414)

    AirbnbVrbo

  • The Great Getaway-Modern | Clean | Games | Office

    House · 3 bd · 2 ba · sleeps 6 · 456 ft

    Revenue $711ADR $237Occ ≈ 1%4.9★ (18)

    AirbnbVrboBooking

  • Amazing Dream Cabin in Big Bear Lake

    Cabin · 3 bd · 2 ba · sleeps 7 · 456 ft

    Revenue $44,753ADR $328Occ ≈ 37%5★ (200)

    AirbnbVrbo

  • Bear Hug Cabin- Arcade Game! Centrally Located!

    Cabin · 3 bd · 2 ba · sleeps 8 · 472 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $29,297ADR $286Occ ≈ 28%5★ (38)

    Airbnb

  • Hot Tub and Kids Play Set - Take a Break

    House · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $26,896ADR $277Occ ≈ 27%4.3★ (40)

    AirbnbVrboBooking

  • Fall Escape to Big Bear | Cozy Mountain Getaway

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $29,844ADR $378Occ ≈ 22%5★ (16)

    AirbnbVrboBooking

  • Happy Bear Cabin - Minutes to Village!

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $15,687ADR $316Occ ≈ 14%4.3★ (16)

    AirbnbVrboBooking

  • Kid Playroom w/ slide, Spa, 2 King Beds, Walkable!

    House · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $23,206ADR $303Occ ≈ 21%5★ (20)

    AirbnbVrboBooking

  • Dream Catcher - Massive Deck & Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $36,870ADR $421Occ ≈ 24%4.7★ (3)

    AirbnbVrboBooking

  • Ursa Major Lodge -Walk to Lake & Village -Spa

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $13,159ADR $273Occ ≈ 13%5★ (3)

    AirbnbVrboBooking

  • Peaceful Pines #1, with Hot Tub, Dogs Welcome

    House · 3 bd · 2.5 ba · sleeps 6 · 0.1 mi

    Revenue $17,225ADR $231Occ ≈ 20%4.6★ (131)

    Airbnb

  • Mountain Cabin Walk to Village, Hot Tub & Games

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $40,787ADR $383Occ ≈ 29%4.6★ (10)

    AirbnbVrboBooking

  • La Petite château, easy walk to lake and Village

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $13,010ADR $208Occ ≈ 17%4.8★ (77)

    Airbnb

  • Cabin 30 stand alone 3 bedrooms cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $22,035ADR $362Occ ≈ 17%4★ (4)

    Airbnb

  • Bearadise ~ Enchanted Dream ~ Mountain Escape

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $56,689ADR $248Occ ≈ 63%4.9★ (87)

    AirbnbVrbo

  • Cozy Mountain Luxury Cabin

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $14,866ADR $279Occ ≈ 15%4.9★ (158)

    AirbnbVrbo

  • Pine Nest Marina Retreat at Big Bear Lake

    Chalet · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $9,780ADR $221Occ ≈ 12%4★ (3)

    Booking

  • Pet Friendly! Hot Tub! Close to the lake & Marina!

    House · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $41,396ADR $267Occ ≈ 42%4.7★ (76)

    AirbnbVrbo

  • Vintage A-Frame Cabin, Near Village, Lake, Trails

    Cabin · 3 bd · 1.5 ba · sleeps 6 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $17,101ADR $273Occ ≈ 17%5★ (196)

    Airbnb

  • Attitude Adjustment

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $43,503ADR $239Occ ≈ 50%4.8★ (82)

    Airbnb

  • 1925 Cabin: Hot Tub ~ Game Barn ~ Great Location

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $24,819ADR $208Occ ≈ 33%4.8★ (191)

    Airbnb

  • Luxury Family Close to Lake & Village A/C

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $17,353ADR $326Occ ≈ 15%4.7★ (20)

    AirbnbVrboBooking

  • Chateau Wonderland-0.9 mi-Village♦️walk to lake✨SPA

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $35,042ADR $418Occ ≈ 23%5★ (198)

    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
Management

Est. revenue

$28,973

NOI

$8,466

Cash flow /mo

$705

Cash needed

$529,360

Cash-on-cash (all cash)

1.6%

ROE (yr 1)

4.5%

Cap rate

1.7%

DSCR

—

Year-1 write-off

$122,604

Year-1 tax shield @ 32%

$39,233

Year-1 return on equity

  • Cash flow (annual)$8,466
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,270
ROE4.5%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$5,795
  • Platform fees (3% of revenue)$869
  • Maintenance / capex (5% of revenue)$1,449
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$6,363
  • Insurance (STR-rated)$2,596

Cash needed to close

  • Purchase price (all cash)$509,000
  • Closing costs (4.0%)$20,360
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$39,233

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

$409,000

Short-life (5/15-yr)

$122,000 · 30%

Year-1 deduction

$123,000

Year-1 tax shield @ 32%

$39,000

Land 20% (county tax record, assessed value split) · building $286,000 over 39 years

Based on: ~1,900 sq ft (from beds), built 1953, 3 bd / 2 ba, furnished, listing features (deck, fence, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $70,000 in year 1 (17% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$62,000
  • Kitchen cabinetsdefault

    $10,000 new × 40% good × 2.57 allocation

    $10,200
  • Kitchen countertops (stone)listing

    $10,200 new × 40% good × 2.57 allocation

    $10,500
  • Decorative trimdefault

    $3,300 new × 40% good × 2.57 allocation

    $3,400
  • Mirrorsdefault

    $300 new × 40% good × 2.57 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.57 allocation

    $1,200
  • Window coverings (19)default

    $4,800 new × 40% good × 2.57 allocation

    $4,900
  • Carpet, vinyl & laminate (50% of floors)listing

    $6,100 new × 40% good × 2.57 allocation

    $6,300
  • Kitchen & laundry equipment plumbingdefault

    $7,800 new × 40% good × 2.57 allocation

    $8,000
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 40% good × 2.57 allocation

    $4,800
  • Appliances (range, microwave, dishwasher, dryer)listing

    $4,500 new × 40% good × 2.57 allocation

    $4,600
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$60,300
  • Paving: driveway & walks (paved)default

    $9,000 new × 50% good × 2.57 allocation

    $11,600
  • Landscaping (typical)default

    $8,700 new × 50% good × 2.57 allocation

    $11,200
  • Patiosdefault

    $1,900 new × 50% good × 2.57 allocation

    $2,400
  • Decks & porches (attached)listing

    $21,400 new × 50% good × 2.57 allocation

    $27,400
  • Fencinglisting

    $6,000 new × 50% good × 2.57 allocation

    $7,700
Building, 39-year$286,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $206,100 new × 40% good × 2.57 allocation

    $211,600
  • Building plumbing & fixturesdefault

    $21,400 new × 40% good × 2.57 allocation

    $21,900
  • Building electrical & lightingdefault

    $21,400 new × 40% good × 2.57 allocation

    $21,900
  • HVACdefault

    $21,400 new × 40% good × 2.57 allocation

    $22,000
  • Hardwood & tile floorsdefault

    $6,100 new × 40% good × 2.57 allocation

    $6,300
  • Fireplacelisting

    $2,600 new × 40% good × 2.57 allocation

    $2,700

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$62,000$60,300$300$122,600
2$0$0$7,300$7,300
3$0$0$7,300$7,300
4$0$0$7,300$7,300
5$0$0$7,300$7,300
6+$0$0$256,800$256,800
Total$62,000$60,300$286,500$408,800

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, Georgia and Wisconsin 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.