606 Merced St
Big Bear Lake, CA 92315
$439,000
2 bd · 2 ba · 1,252 sqft · Listed 27d ago
View on Realtor.com →Year built
1948
Sqft
1,252
Lot sqft
2,326
HOA / mo
$0
Furnished
No
List date
2026-09-02T01:57:33.000000Z
Revenue
Annual revenue
$32,725
ADR
$249
Occupancy
36%
Cleaning fees (12 mo)
$6,061
Confidence
Low (42.19), 49 comps
Comp revenue range (p25 / median / p75)
Finns Fish Camp - Walking distance to Lake and Village! Back patio with barbecue, fully fenced yard!
Vacation home · 2 bd · 1 ba · sleeps 3 · 197 ft
Revenue $31,137ADR $231Occ ≈ 37%—
Big Bear Lake Village Getaway
Cabin · 2 bd · 2 ba · sleeps 4 · 230 ft
Revenue $22,826ADR $237Occ ≈ 26%5★ (32)
Lake view walk to lake, village or ski resort
Cabin · 2 bd · 1.5 ba · sleeps 4 · 302 ft
Revenue $38,756ADR $196Occ ≈ 54%4.8★ (194)
Cowboy Cabin~Walk to the Village
Cabin · 2 bd · 2 ba · sleeps 4 · 476 ft
Revenue $22,501ADR $306Occ ≈ 20%5★ (32)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Summer/lake/mt biking/trail walking village cabin! House | 2 bd · 2 ba · sleeps 5 | $29,271 | $323 | 25% | 5★ (152) | 184 ft | AirbnbVrbo |
Finns Fish Camp - Walking distance to Lake and Village! Back patio with barbecue, fully fenced yard! Vacation home | 2 bd · 1 ba · sleeps 3 | $31,137 | $231 | 37% | — | 197 ft | Booking |
Big Bear Lake Village Getaway Cabin | 2 bd · 2 ba · sleeps 4 | $22,826 | $237 | 26% | 5★ (32) | 230 ft | Airbnb |
Marin Lodge, Near Village, Large Backyard & PS4 House | 2 bd · 2 ba · sleeps 4 | $8,414 | $159 | 14% | 5★ (1) | 253 ft | AirbnbVrboBooking |
Lake view walk to lake, village or ski resort Cabin | 2 bd · 1.5 ba · sleeps 4 | $38,756 | $196 | 54% | 4.8★ (194) | 302 ft | Airbnb |
Forest Cottage · Hot Tub · Firepit · Fenced Yard Cabin | 2 bd · 1.5 ba · sleeps 4 | $29,498 | $235 | 34% | 4.6★ (38) | 305 ft | AirbnbVrboBooking |
Walk To Village Dog Friendly! Enjoy Big Bear Lake! Cabin | 2 bd · 1 ba · sleeps 6 | $24,301 | $405 | 16% | 4.9★ (219) | 459 ft | AirbnbVrbo |
NEW Hot Tub, Walk to Lake/Village, Pool Table, BBQ Cabin | 2 bd · 1.5 ba · sleeps 5 | $9,009 | $446 | 6% | 4.3★ (3) | 466 ft | AirbnbVrboBooking |
Cowboy Cabin~Walk to the Village Cabin | 2 bd · 2 ba · sleeps 4 | $22,501 | $306 | 20% | 5★ (32) | 476 ft | Airbnb |
High Hopes hosted by Big Bear Cool Cabins Cabin | 2 bd · 2 ba · sleeps 5 | $24,812 | $247 | 28% | 4.8★ (18) | 482 ft | AirbnbVrboBooking |
Show all 50 comps
Walk To The Village! Spring Days In Big Bear Lake!
Cabin · 2 bd · 1 ba · sleeps 6 · 499 ft
Revenue $27,544ADR $396Occ ≈ 19%5★ (83)
Big Bear Chalet
House · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $35,164ADR $225Occ ≈ 43%4.8★ (174)
Prime location near village and lake
Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi
Revenue $29,981ADR $244Occ ≈ 34%4.9★ (131)
Cozy Village Cabin- Near Snow Summit!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $36,133ADR $201Occ ≈ 49%4.8★ (243)
Knight Sky Cabin - BBQ, Walk to Lake & Village
Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $37,575ADR $199Occ ≈ 52%5★ (50)
Cozy 2B Cabin, Minutes from Village & Ski Resorts
House · 2 bd · 1 ba · sleeps 5 · 0.1 mi
Revenue $32,716ADR $145Occ ≈ 62%5★ (83)
Big Bear’s Best Cozy Cabin
Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi
Revenue $307ADR $0Occ ≈ —5★ (1)
Cabin Inn The Pines~w Spa~Walk to Village
Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $21,195ADR $290Occ ≈ 20%5★ (35)
Marin getaway #2013
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $59,098ADR $363Occ ≈ 45%—
Lovely 2-bedroom cozy cabin in center of Big Bear Lake, close to all attractions
Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.2 mi
Revenue $13,692ADR $271Occ ≈ 14%5★ (21)
Village and Lake Escape - Walk to the Lake and Village
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $40,226ADR $321Occ ≈ 34%3.5★ (1)
Oak Tree Retreat: Near Village! Spa! WiFi! BBQ!
House · 2 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $17,479ADR $2,911Occ ≈ 2%4.3★ (57)
Walk to Village+Hot tub+A/C+Fenced Yard+ Near Lake
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $72,837ADR $244Occ ≈ 82%5★ (302)
Grandpas axe # 1775
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $35,854ADR $331Occ ≈ 30%—
Cedar & Stone | AC•Games•BBQ•Fire Pit
Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $24,591ADR $188Occ ≈ 36%4.8★ (14)
A Classic A-Frame Cabin | AC•Games•BBQ
Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $63,136ADR $272Occ ≈ 64%5★ (63)
Moulin rouge #2055
Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi
Revenue $62,676ADR $486Occ ≈ 35%5★ (1)
Cozy Cabin next to the Village, skiing and the Lake Welcome to Marinara Bear
Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $13,223ADR $199Occ ≈ 18%—
Walk to the Village ~ Yellow Pine Lodge
Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $12,603ADR $312Occ ≈ 11%4.9★ (26)
Modern Log Home-Walk2Slopes&Trails-Spa-Arcade-EVch
Villa · 2 bd · 2 ba · sleeps 10 · 0.2 mi
Revenue $11,189ADR $538Occ ≈ 6%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Walk To The Village! Spring Days In Big Bear Lake! Cabin | 2 bd · 1 ba · sleeps 6 | $27,544 | $396 | 19% | 5★ (83) | 499 ft | Airbnb |
The Ireland Lake House House | 2 bd · 1 ba · sleeps 6 | $45,367 | $398 | 31% | 5★ (44) | 0.1 mi | AirbnbVrbo |
Big Bear Chalet House | 2 bd · 2 ba · sleeps 6 | $35,164 | $225 | 43% | 4.8★ (174) | 0.1 mi | Airbnb |
Village Cabin - EV & RV parking House | 2 bd · 1.5 ba · sleeps 5 | $11,730 | $321 | 10% | 4.8★ (145) | 0.1 mi | AirbnbVrbo |
Black Knight Cabin•Close to Summit•Walk to Village House | 2 bd · 1 ba · sleeps 4 | $36,392 | $220 | 45% | 4.8★ (212) | 0.1 mi | AirbnbVrbo |
Prime location near village and lake Cabin | 2 bd · 1 ba · sleeps 5 | $29,981 | $244 | 34% | 4.9★ (131) | 0.1 mi | Airbnb |
Cute & Cozy, Walk to The Village Shops and Lake! Cabin | 2 bd · 1 ba · sleeps 4 | $18,616 | $187 | 27% | 5★ (83) | 0.1 mi | AirbnbVrbo |
Applewood Cabin & Guest Cabin Near the Village Cabin | 2 bd · 2 ba · sleeps 4 | $14,116 | $247 | 16% | 4.5★ (15) | 0.1 mi | AirbnbVrboBooking |
Fireplace + Barbecue + Walk to Lake & Village Cabin | 2 bd · 1 ba · sleeps 5 | $24,597 | $316 | 21% | 4.8★ (60) | 0.1 mi | AirbnbVrboBooking |
Cozy Village Cabin- Near Snow Summit! Cabin | 2 bd · 2 ba · sleeps 6 | $36,133 | $201 | 49% | 4.8★ (243) | 0.1 mi | Airbnb |
Knight Sky Cabin - BBQ, Walk to Lake & Village Cabin | 2 bd · 2 ba · sleeps 6 | $37,575 | $199 | 52% | 5★ (50) | 0.1 mi | Airbnb |
Cozy 2B Cabin, Minutes from Village & Ski Resorts House | 2 bd · 1 ba · sleeps 5 | $32,716 | $145 | 62% | 5★ (83) | 0.1 mi | Airbnb |
Big Bear’s Best Cozy Cabin Cabin | 2 bd · 1.5 ba · sleeps 6 | $307 | $0 | — | 5★ (1) | 0.1 mi | Airbnb |
Cabin Inn The Pines~w Spa~Walk to Village Cabin | 2 bd · 2 ba · sleeps 4 | $21,195 | $290 | 20% | 5★ (35) | 0.1 mi | Airbnb |
Marin getaway #2013 Vacation home | 2 bd · 1 ba · sleeps 4 | $59,098 | $363 | 45% | — | 0.2 mi | Booking |
Lovely 2-bedroom cozy cabin in center of Big Bear Lake, close to all attractions Cabin | 2 bd · 1.5 ba · sleeps 5 | $13,692 | $271 | 14% | 5★ (21) | 0.2 mi | Vrbo |
Village and Lake Escape - Walk to the Lake and Village Vacation home | 2 bd · 1 ba · sleeps 4 | $40,226 | $321 | 34% | 3.5★ (1) | 0.2 mi | Booking |
Oak Tree Retreat: Near Village! Spa! WiFi! BBQ! House | 2 bd · 1 ba · sleeps 6 | $17,479 | $2,911 | 2% | 4.3★ (57) | 0.2 mi | Airbnb |
Walk to Village+Hot tub+A/C+Fenced Yard+ Near Lake Cabin | 2 bd · 2 ba · sleeps 6 | $72,837 | $244 | 82% | 5★ (302) | 0.2 mi | Airbnb |
Marin Getaway Retreat at Big Bear Village Cabin | 2 bd · 1 ba · sleeps 4 | $44,223 | $300 | 40% | 4.5★ (77) | 0.2 mi | AirbnbVrboBooking |
Backway Hideaway | Close to the Village! Cabin | 2 bd · 1 ba · sleeps 6 | $33,460 | $301 | 30% | 4.8★ (19) | 0.2 mi | AirbnbVrboBooking |
Historic Log Cabin • AC • Hot Tub • EV Charger Cabin | 2 bd · 1 ba · sleeps 7 | $66,779 | $280 | 65% | 5★ (57) | 0.2 mi | AirbnbVrbo |
The Place Beyond The Pines - Two Bedroom / C6 Cabin | 2 bd · 1 ba · sleeps 4 | $63,289 | $370 | 47% | 4.7★ (319) | 0.2 mi | AirbnbVrbo |
Sleep Inn - Ultra Clean Ultra Modern / C2 Cabin | 2 bd · 1 ba · sleeps 6 | $58,273 | $342 | 47% | 4.7★ (125) | 0.2 mi | AirbnbVrbo |
Grandpas axe # 1775 Vacation home | 2 bd · 1 ba · sleeps 4 | $35,854 | $331 | 30% | — | 0.2 mi | Booking |
Cedar & Stone | AC•Games•BBQ•Fire Pit Cabin | 2 bd · 1 ba · sleeps 6 | $24,591 | $188 | 36% | 4.8★ (14) | 0.2 mi | Airbnb |
Grandpas Axe Village Retreat w/ Hot Tub Cabin | 2 bd · 1 ba · sleeps 4 | $31,463 | $348 | 25% | 4.3★ (79) | 0.2 mi | AirbnbVrboBooking |
A Classic A-Frame Cabin | AC•Games•BBQ Cabin | 2 bd · 1 ba · sleeps 6 | $63,136 | $272 | 64% | 5★ (63) | 0.2 mi | Airbnb |
Moulin rouge #2055 Vacation home | 2 bd · 1 ba · sleeps 5 | $62,676 | $486 | 35% | 5★ (1) | 0.2 mi | Booking |
Moulin Rouge Village Retreat w/ Hot Tub Cabin | 2 bd · 1 ba · sleeps 5 | $52,622 | $482 | 30% | 4.3★ (67) | 0.2 mi | AirbnbVrboBooking |
Cozy Cabin Walk to Village! Hot Tub! Pets! Fenced! House | 2 bd · 1 ba · sleeps 6 | $33,455 | $233 | 39% | 4.4★ (32) | 0.2 mi | AirbnbVrbo |
Cozy Cabin next to the Village, skiing and the Lake Welcome to Marinara Bear Cabin | 2 bd · 1 ba · sleeps 4 | $13,223 | $199 | 18% | — | 0.2 mi | Vrbo |
Colorado Lodge / C4 Cabin | 2 bd · 2 ba · sleeps 6 | $70,380 | $409 | 47% | 4.8★ (193) | 0.2 mi | AirbnbVrbo |
Walk to the Village ~ Yellow Pine Lodge Cabin | 2 bd · 1 ba · sleeps 4 | $12,603 | $312 | 11% | 4.9★ (26) | 0.2 mi | Airbnb |
Walk to Fireworks! Hot Tub, Fireplace & Arcade Cabin | 2 bd · 1 ba · sleeps 4 | $28,215 | $235 | 33% | 4.5★ (21) | 0.2 mi | AirbnbVrbo |
Modern Log Home-Walk2Slopes&Trails-Spa-Arcade-EVch Villa | 2 bd · 2 ba · sleeps 10 | $11,189 | $538 | 6% | 5★ (1) | 0.2 mi | Booking |
Walk to Village & Lake-Hot Tub- Peekaboo Lake View Cabin | 2 bd · 1 ba · sleeps 3 | $21,472 | $246 | 24% | 4.9★ (160) | 0.2 mi | AirbnbVrbo |
Pet Friendly + Fenced Yard + Walk to Lake House | 2 bd · 2 ba · sleeps 4 | $4,138 | $163 | 7% | 5★ (3) | 0.2 mi | AirbnbVrboBooking |
Village Hut Cabin | 2 bd · 1 ba · sleeps 4 | $16,529 | $204 | 22% | 4.8★ (57) | 0.2 mi | AirbnbVrbo |
Blue sky getaway five minute walk to Village Cabin | 2 bd · 1.5 ba · sleeps 5 | $14,959 | $220 | 19% | 5★ (76) | 0.2 mi | 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$32,725
NOI
$12,294
Cash flow /mo
-$1,341
Cash needed
$143,310
Cash-on-cash
-11.2%
ROE (yr 1)
-0.0%
Cap rate
2.8%
DSCR
0.43
Year-1 write-off
$124,203
Year-1 tax shield @ 32%
$39,745
Year-1 return on equity
- Cash flow (annual)-$16,093
- Principal paydown$2,873
- Appreciation at%$13,170
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,545
- Platform fees (3% of revenue)$982
- Maintenance / capex (5% of revenue)$1,636
- Utilities & supplies$4,200
- HOA$0
- Property tax$5,488
- Insurance (STR-rated)$2,239
Cash needed to close
- Down payment (25%)$109,750
- Closing costs (4.0%)$17,560
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$39,745
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
$348,000
Short-life (5/15-yr)
$107,000 · 31%
Year-1 deduction
$124,000
Year-1 tax shield @ 32%
$40,000
Land 21% (county tax record, assessed value split) · building $240,000 over 39 years · new furniture $16,000
Based on: 1,252 sq ft, built 1948, 2 bd / 2 ba, unfurnished, listing features (deck).
IRS-guide safe-harbor floor: $76,000 in year 1 (17% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,300
Kitchen cabinetsdefault
$8,500 new × 40% good × 3.30 allocation
- $9,200
Kitchen countertopsdefault
$7,000 new × 40% good × 3.30 allocation
- $2,900
Decorative trimdefault
$2,200 new × 40% good × 3.30 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.30 allocation
- $1,200
Shelvingdefault
$900 new × 40% good × 3.30 allocation
- $4,300
Window coverings (13)default
$3,300 new × 40% good × 3.30 allocation
- $4,300
Carpet, vinyl & laminate (40% of floors)default
$3,200 new × 40% good × 3.30 allocation
- $8,800
Kitchen & laundry equipment plumbingdefault
$6,600 new × 40% good × 3.30 allocation
- $5,300
Kitchen, laundry & data equipment electricaldefault
$4,000 new × 40% good × 3.30 allocation
- $10,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 3.30 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $12,100
Paving: driveway & walks (paved)default
$7,300 new × 50% good × 3.30 allocation
- $11,700
Landscaping (typical)default
$7,100 new × 50% good × 3.30 allocation
- $2,000
Patiosdefault
$1,200 new × 50% good × 3.30 allocation
- $23,300
Decks & porches (attached)listing
$14,100 new × 50% good × 3.30 allocation
- $179,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$135,600 new × 40% good × 3.30 allocation
- $18,600
Building plumbing & fixturesdefault
$14,000 new × 40% good × 3.30 allocation
- $17,400
Building electrical & lightingdefault
$13,100 new × 40% good × 3.30 allocation
- $18,600
HVACdefault
$14,100 new × 40% good × 3.30 allocation
- $6,400
Hardwood & tile floorsdefault
$4,800 new × 40% good × 3.30 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $74,400 | $49,100 | $800 | $124,200 |
| 2 | $0 | $0 | $6,200 | $6,200 |
| 3 | $0 | $0 | $6,200 | $6,200 |
| 4 | $0 | $0 | $6,200 | $6,200 |
| 5 | $0 | $0 | $6,200 | $6,200 |
| 6+ | $0 | $0 | $214,700 | $214,700 |
| Total | $74,400 | $49,100 | $240,100 | $363,500 |
The building's share of the price ($348,000) is 3.3x our depreciated replacement cost of the home ($105,000). 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.