404 Oriole Dr
Big Bear Lake, CA 92315
$572,000
4 bd · 1.5 ba · 1,406 sqft · Listed 1d ago
View on Realtor.com →Year built
1960
Sqft
1,406
Lot sqft
7,096
HOA / mo
$0
Furnished
Yes
List date
2026-10-15T16:19:25.000000Z
Revenue
Annual revenue
$40,919
ADR
$413
Occupancy
27%
Cleaning fees (12 mo)
$7,494
Confidence
Low (29.25), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $35,919
Newly Remodeled - Cozy - Bluebird Haven - 11G / 4C
House · 4 bd · 2 ba · sleeps 11 · 0.2 mi
Revenue $29,077ADR $419Occ ≈ 19%5★ (15)
Summit Haven: Game Room | Sauna | Spa | 1/4 Acre
House · 4 bd · 2 ba · sleeps 11 · 0.3 mi
Revenue $26,097ADR $0Occ ≈ —5★ (15)
New! Bearadise ~ Wooded Paradise Escape near Lake
Cabin · 4 bd · 2 ba · sleeps 9 · 0.3 mi
Revenue $22,873ADR $216Occ ≈ 29%4.7★ (22)
Summit Haven - Spa - Sauna - Gameroom - 1/4 acre backyard fenced-in
House · 4 bd · 2 ba · sleeps 11 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $139,467ADR $939Occ ≈ 41%5★ (8)
Eagle Point Lake Front/View Log Cabin; LC 20160161
Cabin · 4 bd · 2.5 ba · sleeps 12 · 0.3 mi
Revenue $99,532ADR $539Occ ≈ 51%5★ (253)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Newly Remodeled - Cozy - Bluebird Haven - 11G / 4C House | 4 bd · 2 ba · sleeps 11 | $29,077 | $419 | 19% | 5★ (15) | 0.2 mi | Airbnb |
Walk to the Lake! Pool Table! Hot Tub! House | 4 bd · 2 ba · sleeps 12 | $63,105 | $512 | 34% | 4.7★ (175) | 0.2 mi | AirbnbVrbo |
Large Snowman House + Ski + Village + Lake 4 FUN! Cabin
| 4 bd · 2 ba · sleeps 9 | $27,628 | $498 | 15% | 5★ (57) | 0.2 mi | AirbnbVrbo |
Game Room! Walk to the Lake & Park. Cute Cabin-HUM Cabin | 4 bd · 2 ba · sleeps 12 | $47,061 | $579 | 22% | 4.8★ (64) | 0.3 mi | AirbnbVrboBooking |
Summit Haven: Game Room | Sauna | Spa | 1/4 Acre House | 4 bd · 2 ba · sleeps 11 | $26,097 | $0 | — | 5★ (15) | 0.3 mi | Booking |
New! Bearadise ~ Wooded Paradise Escape near Lake Cabin | 4 bd · 2 ba · sleeps 9 | $22,873 | $216 | 29% | 4.7★ (22) | 0.3 mi | Airbnb |
New! Bearadise ~ Wooded Paradise Escape near Lake House | 4 bd · 2 ba · sleeps 9 | $31,832 | $190 | 46% | 4.7★ (38) | 0.3 mi | AirbnbVrbo |
Summit Haven - Spa - Sauna - Gameroom - 1/4 acre backyard fenced-in House
| 4 bd · 2 ba · sleeps 11 | $139,467 | $939 | 41% | 5★ (8) | 0.3 mi | Vrbo |
Eagle Point Lake Front/View Log Cabin; LC 20160161 Cabin | 4 bd · 2.5 ba · sleeps 12 | $99,532 | $539 | 51% | 5★ (253) | 0.3 mi | Airbnb |
Longhorn Lodge:Spa!ClosetoSnowSummit!PetFriendly! House | 4 bd · 2.5 ba · sleeps 12 | $31,653 | $514 | 17% | 5★ (16) | 0.3 mi | AirbnbVrbo |
Show 19 more
Spacious Home/Quiet Neighborhood/Family Retreat
House · 4 bd · 2.5 ba · sleeps 10 · 0.4 mi
Revenue $63,138ADR $508Occ ≈ 34%5★ (46)
Relaxing Four Bears Cabin in Big Bear Lake
Vacation home · 4 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $65,124ADR $1,088Occ ≈ 16%5★ (1)
Modern Winter Cabin+HotTub+PetFriendly+SnowSummit!
Chalet · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $35,919ADR $528Occ ≈ 19%4.5★ (14)
Huge Chalet below Snow Summit. Walk/MTB to lifts
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $46,920ADR $378Occ ≈ 34%4.9★ (245)
Kilted Fox-By Lake, Spa, Game Rm, 5 Min to Village
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $32,851ADR $363Occ ≈ 25%4.8★ (4)
4th House from Snow Summit! Walk to the Ski Lifts
House · 4 bd · 2 ba · sleeps 10 · 0.6 mi
- Hot tub
- Free parking
- Wifi
- Kitchen
- +4
Revenue $73,560ADR $472Occ ≈ 43%5★ (64)
TurtleBear by AvantStay | Mins to Lake and Slopes
Cabin · 4 bd · 1.5 ba · sleeps 10 · 0.6 mi
Revenue $1,151ADR $383Occ ≈ 1%—
Amazing 4-bedroom cabin walking distance to Snow Summit. Pool table and hot tub.
Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
- Hot tub
- Free parking
- Wifi
- Kitchen
- +1
Revenue $2,647ADR $414Occ ≈ 2%—
Splash Mountain Big Bear~Summertime Pool~Spa~Games
Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $64,273ADR $893Occ ≈ 20%4.5★ (22)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Summit Haven: Game Room | Sauna | Spa | 1/4 Acre House | 4 bd · 2 ba · sleeps 11 | $135,645 | $1,004 | 37% | 5★ (37) | 0.4 mi | AirbnbVrboBooking |
Spacious Home/Quiet Neighborhood/Family Retreat House | 4 bd · 2.5 ba · sleeps 10 | $63,138 | $508 | 34% | 5★ (46) | 0.4 mi | Airbnb |
Walk to Lake | Hot Tub + Pickleball Cabin | 4 bd · 2.5 ba · sleeps 10 | $33,236 | $445 | 20% | 4.5★ (17) | 0.4 mi | AirbnbVrboBooking |
Relaxing Four Bears Cabin in Big Bear Lake Vacation home | 4 bd · 2 ba · sleeps 10 | $65,124 | $1,088 | 16% | 5★ (1) | 0.4 mi | Booking |
Log Cabin Lodge: Near Village! Game Tables! Cabin | 4 bd · 2 ba · sleeps 10 | $26,527 | $449 | 16% | 4.8★ (40) | 0.4 mi | AirbnbVrbo |
Modern Winter Cabin+HotTub+PetFriendly+SnowSummit! Chalet | 4 bd · 2 ba · sleeps 10 | $35,919 | $528 | 19% | 4.5★ (14) | 0.5 mi | Airbnb |
Huge Chalet below Snow Summit. Walk/MTB to lifts House | 4 bd · 2 ba · sleeps 10 | $46,920 | $378 | 34% | 4.9★ (245) | 0.5 mi | Airbnb |
Walk to Snow Summit | Game Room + Fire Pit Cabin | 4 bd · 2 ba · sleeps 10 | $32,783 | $659 | 14% | 4.2★ (9) | 0.5 mi | AirbnbVrboBooking |
Kilted Fox | Near Slopes, Spa, Gated, Game Rm! Cabin | 4 bd · 2 ba · sleeps 10 | $54,798 | $930 | 16% | 4.8★ (5) | 0.5 mi | AirbnbVrboBooking |
Hot Tub-Game Room-Walk to Village + Ski Resort- Cabin | 4 bd · 2.5 ba · sleeps 10 | $34,105 | $598 | 16% | 4★ (7) | 0.5 mi | AirbnbBooking |
Walk to Snow Summit | Hot Tub + Pool Table Cabin
| 4 bd · 2 ba · sleeps 9 | $67,334 | $554 | 33% | 4.5★ (88) | 0.5 mi | AirbnbVrboBooking |
Kilted Fox-By Lake, Spa, Game Rm, 5 Min to Village House | 4 bd · 2 ba · sleeps 10 | $32,851 | $363 | 25% | 4.8★ (4) | 0.5 mi | Airbnb |
Walk to Snow Summit!Game Room!Pet Friendly!HOTTUB! House
| 4 bd · 2 ba · sleeps 9 | $44,427 | $376 | 32% | 4.7★ (43) | 0.6 mi | AirbnbVrbo |
4th House from Snow Summit! Walk to the Ski Lifts House
| 4 bd · 2 ba · sleeps 10 | $73,560 | $472 | 43% | 5★ (64) | 0.6 mi | Airbnb |
Mancave. Steps to Summit Resort. Spa and BBQ. House
| 4 bd · 2 ba · sleeps 10 | $82,790 | $485 | 47% | 4.9★ (543) | 0.6 mi | AirbnbVrbo |
TurtleBear by AvantStay | Mins to Lake and Slopes Cabin | 4 bd · 1.5 ba · sleeps 10 | $1,151 | $383 | 1% | — | 0.6 mi | Airbnb |
Amazing 4-bedroom cabin walking distance to Snow Summit. Pool table and hot tub. Cabin
| 4 bd · 2.5 ba · sleeps 10 | $2,647 | $414 | 2% | — | 0.6 mi | Vrbo |
Splash Mountain Big Bear~Summertime Pool~Spa~Games Cabin | 4 bd · 2.5 ba · sleeps 10 | $64,273 | $893 | 20% | 4.5★ (22) | 0.6 mi | Airbnb |
Gazebo + Ping Pong | Minutes to Lake & Snow Summit Cabin | 4 bd · 1.5 ba · sleeps 10 | $31,143 | $417 | 20% | 4.7★ (11) | 0.7 mi | 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
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$40,919
NOI
$16,052
Cash flow /mo
-$1,855
Cash needed
$165,880
Cash-on-cash
-13.4%
ROE (yr 1)
-1.0%
Cap rate
2.8%
DSCR
0.42
Year-1 write-off
$158,882
Year-1 tax shield @ 32%
$50,842
Year-1 return on equity
- Cash flow (annual)-$22,261
- Principal paydown$3,478
- Appreciation at%$17,160
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)$8,184
- Platform fees (3% of revenue)$1,228
- Maintenance / capex (5% of revenue)$2,046
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,461
- Insurance (STR-rated)$2,917
Cash needed to close
- Down payment (25%)$143,000
- Closing costs (4.0%)$22,880
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$50,842
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
$459,000
Short-life (5/15-yr)
$159,000 · 35%
Year-1 deduction
$159,000
Year-1 tax shield @ 32%
$51,000
Land 20% (county tax record, assessed value split) · building $301,000 over 39 years
Based on: 1,406 sq ft, built 1960, 4 bd / 1.5 ba, furnished, listing features (deck, patio, fence, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $99,000 in year 1 (21% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,300
Kitchen cabinetsdefault
$8,900 new × 40% good × 3.74 allocation
- $10,900
Kitchen countertopsdefault
$7,300 new × 40% good × 3.74 allocation
- $3,700
Decorative trimdefault
$2,500 new × 40% good × 3.74 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 3.74 allocation
- $2,200
Shelvingdefault
$1,500 new × 40% good × 3.74 allocation
- $5,200
Window coverings (14)default
$3,500 new × 40% good × 3.74 allocation
- $13,500
Carpet, vinyl & laminate (100% of floors)listing
$9,000 new × 40% good × 3.74 allocation
- $10,300
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 3.74 allocation
- $6,200
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 3.74 allocation
- $2,700
Appliances (range)listing
$1,800 new × 40% good × 3.74 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $14,500
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 3.74 allocation
- $14,000
Landscaping (typical)default
$7,500 new × 50% good × 3.74 allocation
- $11,800
Patioslisting
$6,300 new × 50% good × 3.74 allocation
- $29,500
Decks & porches (attached)listing
$15,800 new × 50% good × 3.74 allocation
- $11,200
Fencinglisting
$6,000 new × 50% good × 3.74 allocation
- $227,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$152,000 new × 40% good × 3.74 allocation
- $23,600
Building plumbing & fixturesdefault
$15,800 new × 40% good × 3.74 allocation
- $22,600
Building electrical & lightingdefault
$15,100 new × 40% good × 3.74 allocation
- $23,700
HVACdefault
$15,800 new × 40% good × 3.74 allocation
- $3,900
Fireplacelisting
$2,600 new × 40% good × 3.74 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $77,500 | $81,100 | $300 | $158,900 |
| 2 | $0 | $0 | $7,700 | $7,700 |
| 3 | $0 | $0 | $7,700 | $7,700 |
| 4 | $0 | $0 | $7,700 | $7,700 |
| 5 | $0 | $0 | $7,700 | $7,700 |
| 6+ | $0 | $0 | $269,700 | $269,700 |
| Total | $77,500 | $81,100 | $300,900 | $459,400 |
The building's share of the price ($450,000) is 3.7x our depreciated replacement cost of the home ($121,000). 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.