681 Cienega Rd Unit B
Big Bear Lake, CA 92315
$499,000
3 bd · 2 ba · 1,389 sqft · Listed 30d ago
View on Realtor.com →Year built
1981
Sqft
1,389
Lot sqft
966
HOA / mo
$645
Furnished
Yes
List date
2026-08-30T18:33:13.000000Z
Revenue
Annual revenue
$25,651
ADR
$216
Occupancy
33%
Cleaning fees (12 mo)
$5,099
Confidence
Low (29.41), 49 comps
Comp revenue range (p25 / median / p75)
Boulder Bay Condo by Big Bear Vacations Lakeside Townhome Mins To Activities
Vacation home · 3 bd · 2 ba · sleeps 7 · 200 ft
Revenue $13,054ADR $0Occ ≈ ——
Bayshore - Spacious condo within walking distance to all Big Bear has to offer!
Vacation home · 3 bd · 2 ba · sleeps 7 · 276 ft
Revenue $33,526ADR $356Occ ≈ 26%—
Boulder Bear Lakeside Condo- Big Bear Modern Retreat
Vacation home · 3 bd · 2 ba · sleeps 7 · 295 ft
Revenue $3,595ADR $270Occ ≈ 4%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Amazing 3BR/2BA Lakefront Condo! Close to Village! House | 3 bd · 2 ba · sleeps 7 | $21,739 | $323 | 18% | 4.8★ (31) | 115 ft | AirbnbVrbo |
Big Bear G5 Getaway 3+2 Condo in Boulder Bay w/SPA Townhouse | 3 bd · 2 ba · sleeps 7 | $7,591 | $316 | 7% | 3.4★ (7) | 148 ft | AirbnbVrboBooking |
*Relaxing Boulder Bay* Lakeside Townhouse Retreat* Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $45,270 | $474 | 26% | 4.3★ (14) | 171 ft | AirbnbVrboBooking |
Big Bear Modern Cozy TownHome w/pools w/hot tubs House | 3 bd · 2 ba · sleeps 7 | $3,649 | $228 | 4% | 4.8★ (32) | 171 ft | AirbnbVrbo |
Boulder Bay Condo by Big Bear Vacations Lakeside Townhome Mins To Activities Vacation home | 3 bd · 2 ba · sleeps 7 | $13,054 | $0 | — | — | 200 ft | Booking |
Cienega Getaway Lakeside Townhouse at Big Bear Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $58,895 | $595 | 27% | 4.5★ (19) | 217 ft | AirbnbVrboBooking |
Bayshore - Spacious condo within walking distance to all Big Bear has to offer! Vacation home | 3 bd · 2 ba · sleeps 7 | $33,526 | $356 | 26% | — | 276 ft | Booking |
Lakefront Complex, Community Pool, Tennis, BBQ Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $12,335 | $277 | 12% | 4.3★ (31) | 292 ft | AirbnbVrboBooking |
Boulder Bear Lakeside Condo- Big Bear Modern Retreat Vacation home | 3 bd · 2 ba · sleeps 7 | $3,595 | $270 | 4% | — | 295 ft | Booking |
Boulder Bear Lakeside Condo- Woodland Retreat Apartment | 3 bd · 2 ba · sleeps 7 | $50,595 | $927 | 15% | 3.2★ (4) | 295 ft | AirbnbVrboBooking |
Show all 49 comps
Pet-friendly lakefront condo with fireplace, community pool, hot tub + more!
Condominium (condo) · 3 bd · 2 ba · sleeps 7 · 325 ft
Revenue $694ADR $347Occ ≈ 1%3.4★ (5)
Lakeside Condo with Pool, Hot Tub and Lake View!
Townhouse · 3 bd · 2 ba · sleeps 7 · 423 ft
Revenue $22,292ADR $254Occ ≈ 24%4.8★ (135)
Pool, jacuzzi, marina, on the lake! Close to town!
Townhouse · 3 bd · 2 ba · sleeps 7 · 489 ft
Revenue $26,363ADR $215Occ ≈ 34%4.8★ (131)
Restmoore Big Bear | Boulder Bay Condo | Pool, Spa, Ski Shuttle, Remote Office
Vacation home · 3 bd · 2 ba · sleeps 6 · 492 ft
Revenue $17,405ADR $494Occ ≈ 10%—
Pet Friendly Cabin with Fireplace and Shared Outdoor Pool, Perfect for a Weekend at Big Bear Lake
Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $490ADR $245Occ ≈ 1%—
Serrano Haven-Mins- Village, ski
Cabin · 3 bd · 1 ba · sleeps 5 · 0.2 mi
Revenue $30,719ADR $308Occ ≈ 27%4.9★ (8)
Double Cabin/Hot tub/Spacious backyard.
Cabin · 3 bd · 3 ba · sleeps 5 · 0.2 mi
Revenue $18,407ADR $246Occ ≈ 21%4.8★ (21)
Walk to Lake + Vintage Charm + Modern comforts
Cabin · 3 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $5,510ADR $179Occ ≈ 8%—
Home away from home
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $14,397ADR $186Occ ≈ 21%4.7★ (198)
Rooster's Den #710
Vacation home · 3 bd · 2 ba · sleeps 7 · 0.3 mi
Revenue $66,985ADR $687Occ ≈ 27%0.5★ (1)
Rooster's Den ~ Charming house with expansive deck, cable, internet, near Big Bear Lake
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $51,304ADR $430Occ ≈ 33%1★ (1)
Spa ~ Arcade Machine ~ Spacious Yard ~ Glass House
Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $60,007ADR $263Occ ≈ 63%5★ (56)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
ClosetoSkiing, Lake&Village! Community Pool/Spa! House | 3 bd · 2 ba · sleeps 7 | $34,409 | $241 | 39% | 5★ (41) | 315 ft | AirbnbVrbo |
Retro Big Bear Retreat w/ Seasonal Pool Access Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $11,501 | $332 | 9% | 4.4★ (20) | 322 ft | AirbnbVrboBooking |
Pet-friendly lakefront condo with fireplace, community pool, hot tub + more! Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $694 | $347 | 1% | 3.4★ (5) | 325 ft | Vrbo |
3 bdrm Condo close to Marina & Village! House | 3 bd · 2 ba · sleeps 7 | $30,139 | $253 | 33% | 4.8★ (32) | 335 ft | AirbnbVrbo |
Boulder Bay Bliss! Walk to Lake & Park Cabin | 3 bd · 2 ba · sleeps 6 | $12,840 | $396 | 9% | 5★ (4) | 390 ft | AirbnbVrboBooking |
Lakefront/Hot Tub/Fireplace/Great Location Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $40,942 | $380 | 30% | 4.9★ (86) | 413 ft | AirbnbVrbo |
Walk to the Lake! Pet Friendly! Pool and Hot Tub! House | 3 bd · 2 ba · sleeps 7 | $29,005 | $243 | 33% | 4.5★ (32) | 423 ft | AirbnbVrbo |
Lakeside Condo with Pool, Hot Tub and Lake View! Townhouse | 3 bd · 2 ba · sleeps 7 | $22,292 | $254 | 24% | 4.8★ (135) | 423 ft | Airbnb |
Pool, jacuzzi, marina, on the lake! Close to town! Townhouse | 3 bd · 2 ba · sleeps 7 | $26,363 | $215 | 34% | 4.8★ (131) | 489 ft | Airbnb |
Restmoore Big Bear | Boulder Bay Condo | Pool, Spa, Ski Shuttle, Remote Office Vacation home | 3 bd · 2 ba · sleeps 6 | $17,405 | $494 | 10% | — | 492 ft | Booking |
Cozy 3BR Knotty Pine, Near Lake & Trails, Deck Apartment | 3 bd · 2 ba · sleeps 7 | $12,636 | $207 | 17% | 5★ (9) | 509 ft | AirbnbVrbo |
Relaxing Restmoore Townhouse at Big Bear Lake Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $20,655 | $293 | 19% | 4.4★ (5) | 509 ft | AirbnbVrboBooking |
Cozy Lakefront Retreat, Views & Fireplace Apartment | 3 bd · 2 ba · sleeps 6 | $32,221 | $234 | 38% | 5★ (27) | 518 ft | AirbnbVrbo |
Lakefront Condo: Pools, Hot Tubs & Walk to Marina Apartment | 3 bd · 2 ba · sleeps 7 | $4,302 | $224 | 5% | 4★ (2) | 0.1 mi | AirbnbVrbo |
Peacefull Pines 2, Marina front home House | 3 bd · 2 ba · sleeps 6 | $15,510 | $315 | 13% | 4.8★ (43) | 0.1 mi | AirbnbVrbo |
Hideaway Cabin*Jacuzzi*Sauna* Arcade*Pool Table Cabin | 3 bd · 3 ba · sleeps 13 | $49,863 | $615 | 22% | 4.8★ (86) | 0.1 mi | AirbnbVrbo |
Rustic Charm Cabin | 3 bd · 2 ba · sleeps 14 | $13,170 | $629 | 6% | 4★ (2) | 0.1 mi | Airbnb |
Pines Haven- Close to Marinas and Shopping Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $12,172 | $505 | 7% | 4.5★ (41) | 0.1 mi | AirbnbVrbo |
Pet-friendly lakefront condo with fireplace balcon Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $22,192 | $273 | 22% | 4.2★ (16) | 0.1 mi | AirbnbVrboBooking |
Pet Friendly Cabin with Fireplace and Shared Outdoor Pool, Perfect for a Weekend at Big Bear Lake Cabin | 3 bd · 2 ba · sleeps 6 | $490 | $245 | 1% | — | 0.2 mi | Vrbo |
Serrano Haven-Mins- Village, ski Cabin | 3 bd · 1 ba · sleeps 5 | $30,719 | $308 | 27% | 4.9★ (8) | 0.2 mi | Airbnb |
Modern Moab: Near Boulder Bay + Spa + Large Yard Cabin | 3 bd · 2 ba · sleeps 4 | $17,923 | $194 | 25% | 4.5★ (39) | 0.2 mi | AirbnbVrboBooking |
Kayaks Game room Nintendo! BigBear Family Getaway! Cabin | 3 bd · 1.5 ba · sleeps 6 | $15,395 | $213 | 20% | 4.8★ (19) | 0.2 mi | AirbnbVrbo |
Double Cabin/Hot tub/Spacious backyard. Cabin | 3 bd · 3 ba · sleeps 5 | $18,407 | $246 | 21% | 4.8★ (21) | 0.2 mi | Airbnb |
Beary Relaxing Stay. Walk to Lake. Close to Slopes Cabin | 3 bd · 3 ba · sleeps 8 | $29,982 | $339 | 24% | 4.9★ (40) | 0.2 mi | AirbnbVrbo |
Walk to Lake + Vintage Charm + Modern comforts Cabin | 3 bd · 1 ba · sleeps 6 | $5,510 | $179 | 8% | — | 0.2 mi | Airbnb |
Home away from home House | 3 bd · 2 ba · sleeps 6 | $14,397 | $186 | 21% | 4.7★ (198) | 0.2 mi | Airbnb |
Spectacular hideaway. Smart TV, BBQ, Fireplace Cabin | 3 bd · 1.5 ba · sleeps 6 | $40,187 | $355 | 31% | 4.4★ (30) | 0.2 mi | AirbnbVrboBooking |
Newly Renovated Cabin! | 6 Beds | Fenced Backyard Cabin | 3 bd · 1 ba · sleeps 7 | $47,879 | $217 | 60% | 4.8★ (92) | 0.2 mi | AirbnbBooking |
Woodland Escape Cabin | 3 bd · 2.5 ba · sleeps 8 | $7,405 | $119 | 17% | 2★ (1) | 0.3 mi | Airbnb |
Grinning Bear Cabin | 3 bd · 2.5 ba · sleeps 8 | $15,213 | $377 | 11% | 4.4★ (30) | 0.3 mi | AirbnbVrbo |
Rooster's Den Big Bear~ Central Family Chalet Cabin | 3 bd · 2 ba · sleeps 7 | $31,747 | $616 | 14% | 4.5★ (2) | 0.3 mi | AirbnbVrbo |
Rooster's Den #710 Vacation home | 3 bd · 2 ba · sleeps 7 | $66,985 | $687 | 27% | 0.5★ (1) | 0.3 mi | Booking |
Rooster's Den ~ Charming house with expansive deck, cable, internet, near Big Bear Lake Vacation home | 3 bd · 2 ba · sleeps 8 | $51,304 | $430 | 33% | 1★ (1) | 0.3 mi | Booking |
Boulder Bay Beauty! Cabin | 3 bd · 1.5 ba · sleeps 6 | $11,409 | $218 | 14% | 4.9★ (8) | 0.3 mi | AirbnbVrbo |
Lakefront House With AC, Private Dock, Game Loft. Cabin | 3 bd · 2 ba · sleeps 6 | $70,024 | $542 | 35% | 5★ (33) | 0.3 mi | AirbnbVrbo |
Spa ~ Arcade Machine ~ Spacious Yard ~ Glass House Cabin | 3 bd · 2 ba · sleeps 6 | $60,007 | $263 | 63% | 5★ (56) | 0.3 mi | Airbnb |
Magical updated cabin! Near lake launch & village! Cabin | 3 bd · 2 ba · sleeps 5 | $36,289 | $276 | 36% | 4.9★ (166) | 0.3 mi | AirbnbVrbo |
Walk to Lake & Marina,Spa/Pool Table Sleeps 10 BBL House | 3 bd · 3 ba · sleeps 10 | $16,811 | $635 | 7% | 4.9★ (8) | 0.3 mi | AirbnbBooking |
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
Est. revenue
$25,651
NOI
-$1,505
Cash flow /mo
-$125
Cash needed
$518,960
Cash-on-cash (all cash)
-0.3%
ROE (yr 1)
2.6%
Cap rate
-0.3%
DSCR
—
Year-1 write-off
$92,641
Year-1 tax shield @ 32%
$29,645
Year-1 return on equity
- Cash flow (annual)-$1,505
- Principal paydown (n/a, cash)$0
- Appreciation at%$14,970
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$5,130
- Platform fees (3% of revenue)$770
- Maintenance / capex (5% of revenue)$1,283
- Utilities & supplies$4,200
- HOA$7,740
- Property tax$6,238
- Insurance (STR-rated)$2,545
Cash needed to close
- Purchase price (all cash)$499,000
- Closing costs (4.0%)$19,960
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,645
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
$401,000
Short-life (5/15-yr)
$91,000 · 23%
Year-1 deduction
$93,000
Year-1 tax shield @ 32%
$30,000
Land 20% (county tax record, assessed value split) · building $310,000 over 39 years
Based on: 1,389 sq ft, built 1981, 3 bd / 2 ba, furnished, listing features (hot tub, pool, deck, fireplace, stone counters, flooring types, appliance list).
IRS-guide safe-harbor floor: $60,000 in year 1 (14% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,400
Kitchen cabinetsdefault
$8,800 new × 40% good × 3.78 allocation
- $13,700
Kitchen countertops (stone)listing
$9,000 new × 40% good × 3.78 allocation
- $3,700
Decorative trimdefault
$2,400 new × 40% good × 3.78 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 3.78 allocation
- $1,800
Shelvingdefault
$1,200 new × 40% good × 3.78 allocation
- $5,300
Window coverings (14)default
$3,500 new × 40% good × 3.78 allocation
- $4,500
Carpet, vinyl & laminate (33% of floors)listing
$3,000 new × 40% good × 3.78 allocation
- $10,400
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 3.78 allocation
- $6,300
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 3.78 allocation
- $10,100
Appliances (range, microwave, dishwasher, refrigerator, washer)listing
$6,700 new × 40% good × 3.78 allocation
- $13,600
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.78 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $227,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$150,300 new × 40% good × 3.78 allocation
- $23,600
Building plumbing & fixturesdefault
$15,600 new × 40% good × 3.78 allocation
- $22,500
Building electrical & lightingdefault
$14,900 new × 40% good × 3.78 allocation
- $23,600
HVACdefault
$15,600 new × 40% good × 3.78 allocation
- $9,000
Hardwood & tile floorsdefault
$6,000 new × 40% good × 3.78 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.78 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $91,000 | $0 | $1,700 | $92,600 |
| 2 | $0 | $0 | $7,900 | $7,900 |
| 3 | $0 | $0 | $7,900 | $7,900 |
| 4 | $0 | $0 | $7,900 | $7,900 |
| 5 | $0 | $0 | $7,900 | $7,900 |
| 6+ | $0 | $0 | $276,300 | $276,300 |
| Total | $91,000 | $0 | $309,800 | $400,800 |
The building's share of the price ($393,000) is 3.8x our depreciated replacement cost of the home ($104,000). 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.