767 Cienega Rd Unit B
Big Bear Lake, CA 92315
$419,900
3 bd · 2 ba · 1,359 sqft · Listed 6d ago
View on Realtor.com →Year built
1981
Sqft
1,359
Lot sqft
48
HOA / mo
$645
Furnished
No
List date
2026-11-06T14:35:50.000000Z
Revenue
Annual revenue
$19,133
ADR
$156
Occupancy
34%
Cleaning fees (12 mo)
$3,807
Confidence
Low (25.07), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $23,011
Boulder Bear Lakeside Condo- Big Bear Modern Retreat
Vacation home · 3 bd · 2 ba · sleeps 7 · 0 ft
Revenue $5,224ADR $373Occ ≈ 4%—
Bayshore - Spacious condo within walking distance to all Big Bear has to offer!
Vacation home · 3 bd · 2 ba · sleeps 7 · 128 ft
Revenue $41,755ADR $356Occ ≈ 32%—
Restmoore Big Bear | Boulder Bay Condo | Pool, Spa, Ski Shuttle, Remote Office
Vacation home · 3 bd · 2 ba · sleeps 6 · 243 ft
Revenue $19,491ADR $531Occ ≈ 10%—
Pool, jacuzzi, marina, on the lake! Close to town!
Townhouse · 3 bd · 2 ba · sleeps 7 · 256 ft
- Hot tub
- Pool
- Free parking
- Pets OK
- +5
Revenue $26,536ADR $200Occ ≈ 36%4.8★ (133)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Boulder Bear Lakeside Condo- Big Bear Modern Retreat Vacation home | 3 bd · 2 ba · sleeps 7 | $5,224 | $373 | 4% | — | 0 ft | Booking |
Boulder Bear Lakeside Condo- Woodland Retreat Apartment | 3 bd · 2 ba · sleeps 7 | $58,425 | $1,021 | 16% | 3.2★ (4) | 43 ft | AirbnbBooking |
3 bdrm Condo close to Marina & Village! House
| 3 bd · 2 ba · sleeps 7 | $30,951 | $257 | 33% | 4.8★ (36) | 75 ft | AirbnbVrbo |
Cienega Getaway Lakeside Townhouse at Big Bear Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $56,367 | $636 | 24% | 4.5★ (19) | 95 ft | AirbnbBooking |
Bayshore - Spacious condo within walking distance to all Big Bear has to offer! Vacation home | 3 bd · 2 ba · sleeps 7 | $41,755 | $356 | 32% | — | 128 ft | Booking |
Big Bear G5 Getaway 3+2 Condo in Boulder Bay w/SPA Townhouse
| 3 bd · 2 ba · sleeps 7 | $7,318 | $314 | 6% | 3.5★ (8) | 148 ft | AirbnbVrboBooking |
Big Bear Modern Cozy TownHome w/pools w/hot tubs House
| 3 bd · 2 ba · sleeps 7 | $1,965 | $245 | 2% | 4.8★ (32) | 148 ft | AirbnbVrbo |
ClosetoSkiing,Lake&Village!CommualPool/Spa/Dock! House
| 3 bd · 2 ba · sleeps 7 | $37,216 | $236 | 43% | 5★ (44) | 223 ft | AirbnbVrbo |
Restmoore Big Bear | Boulder Bay Condo | Pool, Spa, Ski Shuttle, Remote Office Vacation home | 3 bd · 2 ba · sleeps 6 | $19,491 | $531 | 10% | — | 243 ft | Booking |
Pool, jacuzzi, marina, on the lake! Close to town! Townhouse
| 3 bd · 2 ba · sleeps 7 | $26,536 | $200 | 36% | 4.8★ (133) | 256 ft | Airbnb |
Show 31 more
Pet-friendly lakefront condo with fireplace, community pool, hot tub + more!
Condominium (condo) · 3 bd · 2 ba · sleeps 7 · 289 ft
Revenue $27ADR $0Occ ≈ —3.4★ (5)
Delisted
Lakeside Condo with Pool, Hot Tub and Lake View!
Townhouse · 3 bd · 2 ba · sleeps 7 · 0.1 mi
- Hot tub
- Pool
- Free parking
- Pets OK
- +4
Revenue $21,784ADR $251Occ ≈ 24%4.8★ (137)
Grey Squirrel Resort - Mystical Forest
Cabin · 3 bd · 1.5 ba · sleeps 8 · 0.1 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $1,220ADR $244Occ ≈ 1%—
Lakeview Pines Retreat
Cabin · 3 bd · 2.5 ba · sleeps 7 · 0.2 mi
- Free parking
- Wifi
- Kitchen
- Washer
- +1
Revenue $2,944ADR $351Occ ≈ 2%5★ (5)
Home away from home
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $10,607ADR $186Occ ≈ 16%4.7★ (198)
Delisted
Newly Renovated Cabin! | 6 Beds | Fenced Backyard
Cabin · 3 bd · 1 ba · sleeps 7 · 0.3 mi
Revenue $46,153ADR $210Occ ≈ 60%4.8★ (93)
Woodland Escape
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +2
Revenue $23,458ADR $200Occ ≈ 32%2★ (1)
Grinning Bear
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi
Revenue $14,350ADR $377Occ ≈ 10%4.4★ (30)
LakefrontStargazing180° SeeFireworkFromSecludedSpa
Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi
- Hot tub
- Free parking
- Pets OK
- Wifi
- +5
Revenue $67,533ADR $330Occ ≈ 56%4.9★ (438)
Rooster's Den #710
Vacation home · 3 bd · 2 ba · sleeps 7 · 0.3 mi
Revenue $66,231ADR $682Occ ≈ 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 $50,372ADR $430Occ ≈ 32%1★ (1)
Spa ~ Arcade Machine ~ Spacious Yard ~ Glass House
Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi
- Hot tub
- Free parking
- Wifi
- Kitchen
- +4
Revenue $69,327ADR $257Occ ≈ 74%5★ (67)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Relaxing Restmoore Townhouse at Big Bear Lake Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $23,011 | $286 | 22% | 4.5★ (7) | 266 ft | AirbnbVrboBooking |
Pet-friendly lakefront condo with fireplace, community pool, hot tub + more! Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $27 | $0 | — | 3.4★ (5) | 289 ft | Delisted |
Lakefront Condo: Pools, Hot Tubs & Walk to Marina Apartment
| 3 bd · 2 ba · sleeps 7 | $5,157 | $222 | 6% | 4★ (2) | 384 ft | AirbnbVrbo |
Amazing 3BR/2BA Lakefront Condo! Close to Village! House
| 3 bd · 2 ba · sleeps 7 | $26,418 | $295 | 25% | 4.8★ (34) | 400 ft | AirbnbVrbo |
Cozy 3BR Knotty Pine, Near Lake & Trails, Deck Apartment
| 3 bd · 2 ba · sleeps 7 | $14,147 | $207 | 19% | 5★ (11) | 417 ft | AirbnbVrbo |
Boulder Bay | Pool + Tennis | Walk to Lake Condominium (condo)
| 3 bd · 2 ba · sleeps 7 | $13,747 | $273 | 14% | 4.3★ (31) | 427 ft | AirbnbVrboBooking |
Lakefront Complex | Pools + Hot Tubs + Fireplace Condominium (condo)
| 3 bd · 2 ba · sleeps 7 | $11,648 | $329 | 10% | 4.4★ (20) | 486 ft | AirbnbVrboBooking |
Pines Haven- Close to Marinas and Shopping Condominium (condo)
| 3 bd · 2 ba · sleeps 7 | $12,268 | $509 | 7% | 4.5★ (41) | 0.1 mi | AirbnbVrbo |
Cozy Lakefront Retreat, Views & Fireplace Apartment
| 3 bd · 2 ba · sleeps 6 | $37,255 | $234 | 44% | 5★ (37) | 0.1 mi | AirbnbVrbo |
Walk to Lake | Fenced Yard + Fireplace Cabin
| 3 bd · 2 ba · sleeps 6 | $15,733 | $375 | 11% | 5★ (6) | 0.1 mi | AirbnbVrboBooking |
Lakefront/Hot Tub/Fireplace/Great Location Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $38,062 | $381 | 27% | 4.9★ (88) | 0.1 mi | AirbnbVrbo |
Pet-friendly lakefront condo with fireplace balcon Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $22,691 | $274 | 23% | 4.2★ (15) | 0.1 mi | AirbnbBooking |
Walk to the Lake! Pet Friendly! Pool and Hot Tub! House
| 3 bd · 2 ba · sleeps 7 | $30,281 | $243 | 34% | 4.6★ (37) | 0.1 mi | AirbnbVrbo |
Lakeside Condo with Pool, Hot Tub and Lake View! Townhouse
| 3 bd · 2 ba · sleeps 7 | $21,784 | $251 | 24% | 4.8★ (137) | 0.1 mi | Airbnb |
Grey Squirrel Resort - Rustic Hideaway Cabin
| 3 bd · 2 ba · sleeps 6 | $1,605 | $225 | 2% | — | 0.1 mi | AirbnbVrbo |
Grey Squirrel Resort - Mystical Forest Cabin
| 3 bd · 1.5 ba · sleeps 8 | $1,220 | $244 | 1% | — | 0.1 mi | Airbnb |
Peacefull Pines 2, Marina front home House
| 3 bd · 2 ba · sleeps 6 | $19,651 | $303 | 18% | 4.8★ (44) | 0.2 mi | AirbnbVrbo |
Cozy Big Bear Cabin with Arcade Cabin
| 3 bd · 1.5 ba · sleeps 6 | $15,409 | $215 | 20% | 4.8★ (20) | 0.2 mi | AirbnbVrbo |
Lakeview Pines Retreat Cabin
| 3 bd · 2.5 ba · sleeps 7 | $2,944 | $351 | 2% | 5★ (5) | 0.2 mi | Airbnb |
Beary Relaxing Stay. Walk to Lake. Close to Slopes Cabin
| 3 bd · 3 ba · sleeps 8 | $29,959 | $350 | 23% | 4.9★ (42) | 0.2 mi | AirbnbVrbo |
Home away from home House | 3 bd · 2 ba · sleeps 6 | $10,607 | $186 | 16% | 4.7★ (198) | 0.2 mi | Delisted |
Spectacular hideaway. Smart TV, BBQ, Fireplace Cabin | 3 bd · 1.5 ba · sleeps 6 | $44,869 | $355 | 35% | 4.4★ (30) | 0.3 mi | AirbnbBooking |
Newly Renovated Cabin! | 6 Beds | Fenced Backyard Cabin | 3 bd · 1 ba · sleeps 7 | $46,153 | $210 | 60% | 4.8★ (93) | 0.3 mi | Booking |
Woodland Escape Cabin
| 3 bd · 2.5 ba · sleeps 8 | $23,458 | $200 | 32% | 2★ (1) | 0.3 mi | Airbnb |
Grinning Bear Cabin | 3 bd · 2.5 ba · sleeps 8 | $14,350 | $377 | 10% | 4.4★ (30) | 0.3 mi | Airbnb |
PetFriendly!IncredibleNaturalLandscape!Firepit! House
| 3 bd · 2 ba · sleeps 6 | $32,153 | $326 | 27% | 4.7★ (33) | 0.3 mi | AirbnbVrbo |
LakefrontStargazing180° SeeFireworkFromSecludedSpa Cabin
| 3 bd · 2 ba · sleeps 6 | $67,533 | $330 | 56% | 4.9★ (438) | 0.3 mi | Airbnb |
Rooster's Den #710 Vacation home | 3 bd · 2 ba · sleeps 7 | $66,231 | $682 | 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 | $50,372 | $430 | 32% | 1★ (1) | 0.3 mi | Booking |
Rooster's Den Big Bear~ Central Family Chalet Cabin
| 3 bd · 2 ba · sleeps 7 | $31,898 | $619 | 14% | 4.5★ (2) | 0.3 mi | AirbnbVrbo |
Spa ~ Arcade Machine ~ Spacious Yard ~ Glass House Cabin
| 3 bd · 2 ba · sleeps 6 | $69,327 | $257 | 74% | 5★ (67) | 0.3 mi | Airbnb |
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 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$19,133
NOI
-$4,925
Cash flow /mo
-$2,706
Cash needed
$141,271
Cash-on-cash
-23.0%
ROE (yr 1)
-12.2%
Cap rate
-1.2%
DSCR
-0.18
Year-1 write-off
$86,906
Year-1 tax shield @ 32%
$27,810
Year-1 return on equity
- Cash flow (annual)-$32,470
- Principal paydown$2,668
- Appreciation at%$12,597
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)$3,827
- Platform fees (3% of revenue)$574
- Maintenance / capex (5% of revenue)$957
- Utilities & supplies$4,200
- HOA$7,740
- Property tax$5,249
- Insurance (STR-rated)$2,141
Cash needed to close
- Down payment (25%)$104,975
- Closing costs (4.0%)$16,796
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$27,810
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
$336,000
Short-life (5/15-yr)
$67,000 · 20%
Year-1 deduction
$87,000
Year-1 tax shield @ 32%
$28,000
Land 20% (county tax record, assessed value split) · building $269,000 over 39 years · new furniture $20,000
Based on: 1,359 sq ft, built 1981, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, patio, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $58,000 in year 1 (11% short-life, $19,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,600
Kitchen cabinetsdefault
$8,800 new × 40% good × 3.30 allocation
- $11,900
Kitchen countertops (stone)listing
$9,000 new × 40% good × 3.30 allocation
- $3,100
Decorative trimdefault
$2,400 new × 40% good × 3.30 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.30 allocation
- $1,600
Shelvingdefault
$1,200 new × 40% good × 3.30 allocation
- $4,600
Window coverings (14)default
$3,500 new × 40% good × 3.30 allocation
- $9,000
Kitchen & laundry equipment plumbingdefault
$6,800 new × 40% good × 3.30 allocation
- $5,500
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 40% good × 3.30 allocation
- $7,500
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 3.30 allocation
- $11,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.30 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $194,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$147,000 new × 40% good × 3.30 allocation
- $20,200
Building plumbing & fixturesdefault
$15,300 new × 40% good × 3.30 allocation
- $19,200
Building electrical & lightingdefault
$14,500 new × 40% good × 3.30 allocation
- $20,200
HVACdefault
$15,300 new × 40% good × 3.30 allocation
- $11,600
Hardwood & tile floorsdefault
$8,700 new × 40% good × 3.30 allocation
- $3,500
Fireplacelisting
$2,600 new × 40% good × 3.30 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $86,600 | $0 | $300 | $86,900 |
| 2 | $0 | $0 | $6,900 | $6,900 |
| 3 | $0 | $0 | $6,900 | $6,900 |
| 4 | $0 | $0 | $6,900 | $6,900 |
| 5 | $0 | $0 | $6,900 | $6,900 |
| 6+ | $0 | $0 | $240,900 | $240,900 |
| Total | $86,600 | $0 | $268,800 | $355,400 |
The building's share of the price ($336,000) is 3.3x our depreciated replacement cost of the home ($102,000). 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, 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.