42934 Falls Ave
Big Bear Lake, CA 92315
$599,000
2 bd · 2 ba · Listed 1d ago
View on Realtor.com →Year built
1979
Sqft
—
Lot sqft
2,500
HOA / mo
None
Furnished
Yes
List date
2026-10-23T23:22:41.000000Z
Revenue
Annual revenue
$25,884
ADR
$178
Occupancy
40%
Cleaning fees (12 mo)
$7,122
Confidence
Low (22.16), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $22,625
Wolf Cub Cabin- Resort Cozy Cabin- Hot Tub
Cabin · 2 bd · 1.5 ba · sleeps 4 · 213 ft
Revenue $44,016ADR $456Occ ≈ 26%4.5★ (56)
Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes,
Cabin · 2 bd · 2 ba · sleeps 4 · 220 ft
Revenue $122ADR $0Occ ≈ —4.8★ (30)
Delisted
Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes,
Cabin · 2 bd · 2 ba · sleeps 4 · 220 ft
Revenue $2,488ADR $200Occ ≈ 3%—
Delisted
Big Bear Lake Cabin Near Ski Slopes, Golf, Cozy
Cabin · 2 bd · 2 ba · sleeps 5 · 266 ft
Revenue $17,301ADR $268Occ ≈ 18%—
Stylish Pet Friendly Cabin, Walk to the Slopes, Golf and Zoo
House · 2 bd · 2 ba · sleeps 4 · 299 ft
Revenue $19,431ADR $164Occ ≈ 32%5★ (2)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Trophy Treehouse Walk to Ski Slopes, Golf, Pets ok Cabin
| 2 bd · 2 ba · sleeps 4 | $27,397 | $171 | 44% | 4.8★ (71) | 7 ft | AirbnbVrboBooking |
Wolf Cub Cabin#1946 Cabin
| 2 bd · 1.5 ba · sleeps 4 | $8,150 | $319 | 7% | 4.5★ (25) | 180 ft | AirbnbVrboBooking |
Wolf Cub Cabin- Resort Cozy Cabin- Hot Tub Cabin | 2 bd · 1.5 ba · sleeps 4 | $44,016 | $456 | 26% | 4.5★ (56) | 213 ft | Booking |
Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes, Cabin | 2 bd · 2 ba · sleeps 4 | $122 | $0 | — | 4.8★ (30) | 220 ft | Delisted |
Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes, Cabin | 2 bd · 2 ba · sleeps 4 | $2,488 | $200 | 3% | — | 220 ft | Delisted |
Walk to Bear Mtn | Fireplace + Forest Views Cabin
| 2 bd · 2.5 ba · sleeps 7 | $14,051 | $255 | 15% | 4.4★ (26) | 240 ft | AirbnbVrboBooking |
Moonridge Bear Mountain Cabin Hot Tub Walk Slopes Cabin
| 2 bd · 3 ba · sleeps 5 | $66,329 | $239 | 76% | 4.9★ (85) | 253 ft | AirbnbVrboBooking |
Big Bear Lake Cabin Near Ski Slopes, Golf, Cozy Cabin | 2 bd · 2 ba · sleeps 5 | $17,301 | $268 | 18% | — | 266 ft | Booking |
Walk to Bear Mountain + Fireplace Cabin
| 2 bd · 1.5 ba · sleeps 4 | $19,307 | $210 | 25% | 4.5★ (20) | 282 ft | AirbnbVrboBooking |
Stylish Pet Friendly Cabin, Walk to the Slopes, Golf and Zoo House | 2 bd · 2 ba · sleeps 4 | $19,431 | $164 | 32% | 5★ (2) | 299 ft | Delisted |
Show 36 more
Black Pine Cabin w/Jacuzzi, 5 min to Bear Mountain
Cabin · 2 bd · 2 ba · sleeps 5 · 482 ft
- Hot tub
- Free parking
- Wifi
- Kitchen
- +2
Revenue $24,811ADR $259Occ ≈ 26%5★ (86)
Condo on Golf Course! Walk to Bear! Pets! Views!
House · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi
Revenue $34,613ADR $176Occ ≈ 54%4.7★ (28)
Bear Golf Inn Resort Townhouse by Big Bear Vacations
Vacation home · 2 bd · 3 ba · sleeps 4 · 0.2 mi
Revenue $14,929ADR $337Occ ≈ 12%5★ (1)
A-Frame Cabin with Hot Tub & Mountain Views
Chalet · 2 bd · 2 ba · sleeps 5 · 0.2 mi
Revenue $35,750ADR $192Occ ≈ 51%4.2★ (32)
Cozy mountain getaway with private spa, BBQ, large deck, a short walk to slopes!
Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi
Revenue $480ADR $160Occ ≈ 1%4.5★ (34)
Delisted
The Cozy Chalet by Bear X
Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi
Revenue $26,677ADR $229Occ ≈ 32%4.5★ (109)
Delisted
On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and
House · 2 bd · 2.5 ba · sleeps 4 · 0.2 mi
Revenue $618ADR $154Occ ≈ 1%5★
Delisted
On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and
House · 2 bd · 3 ba · sleeps 4 · 0.2 mi
Revenue $2,454ADR $220Occ ≈ 3%—
Delisted
168 Ski and Tee Chalet
Vacation home · 2 bd · 3 ba · sleeps 4 · 0.2 mi
Revenue $14,867ADR $296Occ ≈ 14%—
Club view pines #2105
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi
Revenue $63,031ADR $379Occ ≈ 46%3.8★ (2)
Treehouse by Bear Mountain Resort
House · 2 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $14,430ADR $332Occ ≈ 12%4.8★ (7)
Delisted
Cozy mountain getaway with private spa, BBQ, large deck, a short walk to slopes!
Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi
Revenue $2,401ADR $184Occ ≈ 4%—
Delisted
NEW Bear Mountain Views | Hot Tub |BBQ | King Bed
Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +3
Revenue $12,825ADR $240Occ ≈ 15%4.8★ (15)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Walk to Zoo, Mt Biking & Trails - Cozy Getaway Cabin
| 2 bd · 1.5 ba · sleeps 4 | $26,887 | $178 | 41% | 4.9★ (331) | 299 ft | AirbnbVrbo |
Hibernation Station - Walk to Bear Mountain! Cabin
| 2 bd · 1 ba · sleeps 4 | $31,587 | $190 | 46% | 4.9★ (456) | 322 ft | AirbnbVrbo |
Bear Mountain Hideaway, Cabin w Spa House
| 2 bd · 1 ba · sleeps 4 | $50,866 | $214 | 65% | 4.8★ (674) | 335 ft | AirbnbVrbo |
TreeLicious | Jacuzzi, Cozy Chalet close to Slopes Cabin
| 2 bd · 2 ba · sleeps 6 | $61,384 | $227 | 74% | 4.7★ (79) | 410 ft | AirbnbVrboBooking |
A-frame backs the forest,Walk to Slopes, Hot Tub! Cabin
| 2 bd · 1 ba · sleeps 4 | $54,523 | $268 | 56% | 4.9★ (282) | 423 ft | AirbnbVrbo |
Black Pine Cabin w/Jacuzzi, 5 min to Bear Mountain Cabin
| 2 bd · 2 ba · sleeps 5 | $24,811 | $259 | 26% | 5★ (86) | 482 ft | Airbnb |
Charming Hot Tub Retreat Near Bear Mountain Cabin
| 2 bd · 1.5 ba · sleeps 5 | $27,922 | $239 | 32% | 4.5★ (71) | 0.1 mi | AirbnbVrboBooking |
Pine Rock Cabin- Game room with pool table & bar Cabin
| 2 bd · 2 ba · sleeps 7 | $14,504 | $386 | 10% | 5★ (26) | 0.1 mi | AirbnbVrboBooking |
Beautiful ViewsBBQHot TubCabin close to ski Cabin | 2 bd · 2 ba · sleeps 4 | $23,889 | $276 | 24% | 5★ (7) | 0.1 mi | AirbnbBooking |
Condo on Golf Course! Walk to Bear! Pets! Views! House | 2 bd · 2.5 ba · sleeps 7 | $34,613 | $176 | 54% | 4.7★ (28) | 0.1 mi | Airbnb |
Bit of Heaven | Golf View, Spa, Dogs Ok, Cent AC Cabin | 2 bd · 2 ba · sleeps 6 | $72,753 | $225 | 89% | 4.9★ (63) | 0.1 mi | AirbnbBooking |
Little Pine Chalet | on Golf Course | walk to ski House
| 2 bd · 2 ba · sleeps 6 | $37,766 | $514 | 20% | 5★ (18) | 0.1 mi | AirbnbVrbo |
Pet Friendly! Walk to Bear Mtn & Golf Course! House
| 2 bd · 2 ba · sleeps 6 | $26,114 | $206 | 35% | 4.8★ (80) | 0.1 mi | AirbnbVrbo |
Hot Tub Under the Stars, Backs to Trails, Pet Cabin
| 2 bd · 2 ba · sleeps 4 | $8,425 | $223 | 10% | 4.9★ (8) | 0.1 mi | AirbnbVrbo |
Big Bear Grant's Great Outdoors House
| 2 bd · 1.5 ba · sleeps 5 | $8,528 | $370 | 6% | — | 0.1 mi | AirbnbVrbo |
Walking distance to Bear Mtn!PoolTable!EV Charger! House
| 2 bd · 2.5 ba · sleeps 7 | $26,610 | $267 | 27% | 4.9★ (18) | 0.1 mi | AirbnbVrbo |
Modern Moonridge Retreat: Walk to Ski & Golf Townhouse
| 2 bd · 2.5 ba · sleeps 4 | $22,341 | $444 | 14% | 3.9★ (19) | 0.2 mi | AirbnbVrboBooking |
Bear Golf Inn Resort Townhouse by Big Bear Vacations Vacation home | 2 bd · 3 ba · sleeps 4 | $14,929 | $337 | 12% | 5★ (1) | 0.2 mi | Booking |
Aspen House • Near Bear Mtn • Dog friendly House
| 2 bd · 1 ba · sleeps 4 | $42,635 | $221 | 53% | 4.8★ (94) | 0.2 mi | AirbnbVrbo |
A-Frame Cabin with Hot Tub & Mountain Views Chalet | 2 bd · 2 ba · sleeps 5 | $35,750 | $192 | 51% | 4.2★ (32) | 0.2 mi | Airbnb |
Golf Course Views! Walking Distance to Bear Mtn! House
| 2 bd · 2.5 ba · sleeps 7 | $8,647 | $281 | 8% | 5★ (1) | 0.2 mi | AirbnbVrbo |
Awesome View!modern decor Walk to Resort + Spa! Cabin
| 2 bd · 2 ba · sleeps 5 | $31,949 | $234 | 37% | 4.8★ (130) | 0.2 mi | AirbnbVrbo |
Cozy mountain getaway with private spa, BBQ, large deck, a short walk to slopes! Cabin | 2 bd · 2 ba · sleeps 5 | $480 | $160 | 1% | 4.5★ (34) | 0.2 mi | Delisted |
2BR Goldmine Hideaway | 2 Suites + Fireplace Condominium (condo)
| 2 bd · 2.5 ba · sleeps 6 | $17,258 | $332 | 14% | 4.5★ (18) | 0.2 mi | AirbnbVrboBooking |
The Cozy Chalet by Bear X Cabin | 2 bd · 2 ba · sleeps 5 | $26,677 | $229 | 32% | 4.5★ (109) | 0.2 mi | Delisted |
Wanderlust Ski 2BR Oasis| Walk to Ski Resort Cabin
| 2 bd · 2.5 ba · sleeps 7 | $20,216 | $239 | 23% | 5★ (46) | 0.2 mi | AirbnbVrbo |
Romero House Vacation home | 2 bd · 2 ba · sleeps 7 | $23,350 | $244 | 26% | — | 0.2 mi | Booking |
*Best Views* Cabin
| 2 bd · 1 ba · sleeps 6 | $12,457 | $87 | 39% | 4.6★ (12) | 0.2 mi | AirbnbVrbo |
On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and House | 2 bd · 2.5 ba · sleeps 4 | $618 | $154 | 1% | 5★ | 0.2 mi | Delisted |
On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and House | 2 bd · 3 ba · sleeps 4 | $2,454 | $220 | 3% | — | 0.2 mi | Delisted |
168 Ski and Tee Chalet Vacation home | 2 bd · 3 ba · sleeps 4 | $14,867 | $296 | 14% | — | 0.2 mi | Booking |
Club view pines #2105 Vacation home | 2 bd · 1 ba · sleeps 4 | $63,031 | $379 | 46% | 3.8★ (2) | 0.2 mi | Booking |
Treehouse by Bear Mountain Resort House | 2 bd · 1 ba · sleeps 6 | $14,430 | $332 | 12% | 4.8★ (7) | 0.2 mi | Delisted |
Mountain getaway with spa BBQ deck near slopes Cabin | 2 bd · 2 ba · sleeps 5 | $22,909 | $238 | 26% | 4.4★ (17) | 0.2 mi | AirbnbBooking |
Cozy mountain getaway with private spa, BBQ, large deck, a short walk to slopes! Cabin | 2 bd · 2 ba · sleeps 5 | $2,401 | $184 | 4% | — | 0.2 mi | Delisted |
NEW Bear Mountain Views | Hot Tub |BBQ | King Bed Cabin
| 2 bd · 1 ba · sleeps 4 | $12,825 | $240 | 15% | 4.8★ (15) | 0.2 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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$25,884
NOI
$4,793
Cash flow /mo
-$2,919
Cash needed
$173,710
Cash-on-cash
-20.2%
ROE (yr 1)
-7.7%
Cap rate
0.8%
DSCR
0.12
Year-1 write-off
$138,936
Year-1 tax shield @ 32%
$44,459
Year-1 return on equity
- Cash flow (annual)-$35,028
- Principal paydown$3,701
- Appreciation at%$17,970
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)$5,177
- Platform fees (3% of revenue)$777
- Maintenance / capex (5% of revenue)$1,294
- Utilities & supplies$4,200
- HOA$0
- Property tax$7,488
- Insurance (STR-rated)$3,055
Cash needed to close
- Down payment (25%)$149,750
- Closing costs (4.0%)$23,960
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$44,459
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
$511,000
Short-life (5/15-yr)
$139,000 · 27%
Year-1 deduction
$139,000
Year-1 tax shield @ 32%
$44,000
Land 15% (county tax record, assessed value split) · building $373,000 over 39 years
Based on: ~1,400 sq ft (from beds), built 1979, 2 bd / 2 ba, furnished, listing features (fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $99,000 in year 1 (19% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,500
Kitchen cabinetsdefault
$8,900 new × 40% good × 4.64 allocation
- $13,500
Kitchen countertopsdefault
$7,300 new × 40% good × 4.64 allocation
- $4,500
Decorative trimdefault
$2,500 new × 40% good × 4.64 allocation
- $600
Mirrorsdefault
$300 new × 40% good × 4.64 allocation
- $1,700
Shelvingdefault
$900 new × 40% good × 4.64 allocation
- $6,500
Window coverings (14)default
$3,500 new × 40% good × 4.64 allocation
- $16,700
Carpet, vinyl & laminate (100% of floors)listing
$9,000 new × 40% good × 4.64 allocation
- $12,800
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 4.64 allocation
- $7,700
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 4.64 allocation
- $10,000
Appliances (range, dishwasher, disposal, refrigerator)listing
$5,400 new × 40% good × 4.64 allocation
- $6,400
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
- $18,000
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 4.64 allocation
- $17,300
Landscaping (typical)default
$7,500 new × 50% good × 4.64 allocation
- $3,200
Patiosdefault
$1,400 new × 50% good × 4.64 allocation
- $3,200
Decks & porches (attached)default
$1,400 new × 50% good × 4.64 allocation
- $281,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,800 new × 40% good × 4.64 allocation
- $29,200
Building plumbing & fixturesdefault
$15,700 new × 40% good × 4.64 allocation
- $27,900
Building electrical & lightingdefault
$15,000 new × 40% good × 4.64 allocation
- $29,300
HVACdefault
$15,800 new × 40% good × 4.64 allocation
- $4,900
Fireplacelisting
$2,600 new × 40% good × 4.64 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $96,800 | $41,700 | $400 | $138,900 |
| 2 | $0 | $0 | $9,600 | $9,600 |
| 3 | $0 | $0 | $9,600 | $9,600 |
| 4 | $0 | $0 | $9,600 | $9,600 |
| 5 | $0 | $0 | $9,600 | $9,600 |
| 6+ | $0 | $0 | $334,100 | $334,100 |
| Total | $96,800 | $41,700 | $372,700 | $511,200 |
The building's share of the price ($505,000) is 4.6x our depreciated replacement cost of the home ($109,000). 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.