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42975 Falls Ave

42975 Falls Ave

Big Bear Lake, CA 92315

$425,000

2 bd · 2 ba · 805 sqft · Listed today

View on Realtor.com →
Low confidence

Year built

1983

Sqft

805

Lot sqft

2,500

HOA / mo

$0

Furnished

No

List date

2026-10-17T02:13:42.000000Z

Revenue

Annual revenue

$25,460

ADR

$145

Occupancy

48%

Cleaning fees (12 mo)

$5,750

Confidence

Low (25.87), 49 comps

Comp revenue range (p25 / median / p75)

$14,051$22,909$34,613

Median revenue of shown comps: $23,620

  • Stylish Pet Friendly Cabin, Walk to the Slopes, Golf and Zoo

    House · 2 bd · 2 ba · sleeps 4 · 7 ft

    Revenue $19,431ADR $164Occ ≈ 32%5★ (2)

    Delisted

  • Bear Mountain Hideaway, Cabin w Spa

    House · 2 bd · 1 ba · sleeps 4 · 108 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $50,866ADR $214Occ ≈ 65%4.8★ (674)

    AirbnbVrbo

  • Big Bear Lake Cabin Near Ski Slopes, Golf, Cozy

    Cabin · 2 bd · 2 ba · sleeps 5 · 128 ft

    Revenue $17,301ADR $268Occ ≈ 18%—

    Booking

  • Moonridge Bear Mountain Cabin Hot Tub Walk Slopes

    Cabin · 2 bd · 3 ba · sleeps 5 · 141 ft

    • Hot tub
    • Pool
    • Free parking
    • Pets OK
    • +5

    Revenue $66,329ADR $239Occ ≈ 76%4.9★ (85)

    AirbnbVrboBooking

  • Hibernation Station - Walk to Bear Mountain!

    Cabin · 2 bd · 1 ba · sleeps 4 · 299 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $31,587ADR $190Occ ≈ 46%4.9★ (456)

    AirbnbVrbo

  • Trophy Treehouse Walk to Ski Slopes, Golf, Pets ok

    Cabin · 2 bd · 2 ba · sleeps 4 · 302 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $27,397ADR $171Occ ≈ 44%4.8★ (71)

    AirbnbVrboBooking

  • TreeLicious | Jacuzzi, Cozy Chalet close to Slopes

    Cabin · 2 bd · 2 ba · sleeps 6 · 374 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $61,384ADR $227Occ ≈ 74%4.7★ (79)

    AirbnbVrboBooking

  • Walk to Zoo, Mt Biking & Trails - Cozy Getaway

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 436 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $26,887ADR $178Occ ≈ 41%4.9★ (331)

    AirbnbVrbo

  • Wolf Cub Cabin- Resort Cozy Cabin- Hot Tub

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 446 ft

    Revenue $44,016ADR $456Occ ≈ 26%4.5★ (56)

    Booking

  • Wolf Cub Cabin#1946

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 449 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $8,150ADR $319Occ ≈ 7%4.5★ (25)

    AirbnbVrboBooking

Show 36 more
  • Walk to Bear Mountain + Fireplace

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 453 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace
    • +1

    Revenue $19,307ADR $210Occ ≈ 25%4.5★ (20)

    AirbnbVrboBooking

  • Pet Friendly! Walk to Bear Mtn & Golf Course!

    House · 2 bd · 2 ba · sleeps 6 · 472 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $26,114ADR $206Occ ≈ 35%4.8★ (80)

    AirbnbVrbo

  • Walking distance to Bear Mtn!PoolTable!EV Charger!

    House · 2 bd · 2.5 ba · sleeps 7 · 486 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +3

    Revenue $26,610ADR $267Occ ≈ 27%4.9★ (18)

    AirbnbVrbo

  • Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes,

    Cabin · 2 bd · 2 ba · sleeps 4 · 522 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 · 522 ft

    Revenue $2,488ADR $200Occ ≈ 3%—

    Delisted

  • Walk to Bear Mtn | Fireplace + Forest Views

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $14,051ADR $255Occ ≈ 15%4.4★ (26)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • A-frame backs the forest,Walk to Slopes, Hot Tub!

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen

    Revenue $54,523ADR $268Occ ≈ 56%4.9★ (282)

    AirbnbVrbo

  • Golf Course Views! Walking Distance to Bear Mtn!

    House · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $8,647ADR $281Occ ≈ 8%5★ (1)

    AirbnbVrbo

  • A-Frame Cabin with Hot Tub & Mountain Views

    Chalet · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $35,750ADR $192Occ ≈ 51%4.2★ (32)

    Airbnb

  • Modern Moonridge Retreat: Walk to Ski & Golf

    Townhouse · 2 bd · 2.5 ba · sleeps 4 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $22,341ADR $444Occ ≈ 14%3.9★ (19)

    AirbnbVrboBooking

  • Awesome View!modern decor Walk to Resort + Spa!

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $31,949ADR $234Occ ≈ 37%4.8★ (130)

    AirbnbVrbo

  • Bear Golf Inn Resort Townhouse by Big Bear Vacations

    Vacation home · 2 bd · 3 ba · sleeps 4 · 0.1 mi

    Revenue $14,929ADR $337Occ ≈ 12%5★ (1)

    Booking

  • Beautiful ViewsBBQHot TubCabin close to ski

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $23,889ADR $276Occ ≈ 24%5★ (7)

    AirbnbBooking

  • Black Pine Cabin w/Jacuzzi, 5 min to Bear Mountain

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $24,811ADR $259Occ ≈ 26%5★ (86)

    Airbnb

  • The Cozy Chalet by Bear X

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $26,677ADR $229Occ ≈ 32%4.5★ (109)

    Delisted

  • Bit of Heaven | Golf View, Spa, Dogs Ok, Cent AC

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $72,753ADR $225Occ ≈ 89%4.9★ (63)

    AirbnbBooking

  • Wanderlust Ski 2BR Oasis| Walk to Ski Resort

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $20,216ADR $239Occ ≈ 23%5★ (46)

    AirbnbVrbo

  • Aspen House • Near Bear Mtn • Dog friendly

    House · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $42,635ADR $221Occ ≈ 53%4.8★ (94)

    AirbnbVrbo

  • Pine Rock Cabin- Game room with pool table & bar

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $14,504ADR $386Occ ≈ 10%5★ (26)

    AirbnbVrboBooking

  • Romero House

    Vacation home · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $23,350ADR $244Occ ≈ 26%—

    Booking

  • Charming Hot Tub Retreat Near Bear Mountain

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $27,922ADR $239Occ ≈ 32%4.5★ (71)

    AirbnbVrboBooking

  • 2BR Goldmine Hideaway | 2 Suites + Fireplace

    Condominium (condo) · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $17,258ADR $332Occ ≈ 14%4.5★ (18)

    AirbnbVrboBooking

  • *Best Views*

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    • A/C
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $12,457ADR $87Occ ≈ 39%4.6★ (12)

    AirbnbVrbo

  • Little Pine Chalet | on Golf Course | walk to ski

    House · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $37,766ADR $514Occ ≈ 20%5★ (18)

    AirbnbVrbo

  • 168 Ski and Tee Chalet

    Vacation home · 2 bd · 3 ba · sleeps 4 · 0.2 mi

    Revenue $14,867ADR $296Occ ≈ 14%—

    Booking

  • 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

  • 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

  • Club view pines #2105

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $63,031ADR $379Occ ≈ 46%3.8★ (2)

    Booking

  • Ski/Golf/Hike- Bear Mountain Resort Ski Haus Cabin

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace
    • +1

    Revenue $66,071ADR $305Occ ≈ 59%4.3★ (49)

    AirbnbVrboBooking

  • Big Bear Grant's Great Outdoors

    House · 2 bd · 1.5 ba · sleeps 5 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $8,528ADR $370Occ ≈ 6%—

    AirbnbVrbo

  • 2 Bedrm Condo, Steps 2 Bear Mtn Ski Resort & Golf

    Townhouse · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $18,203ADR $353Occ ≈ 14%5★ (53)

    Airbnb

  • Treehouse by Bear Mountain Resort

    House · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $14,430ADR $332Occ ≈ 12%4.8★ (7)

    Delisted

  • Treehouse by Bear Mountain Resort VRR-2026-0932

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $47,067ADR $292Occ ≈ 44%5★ (222)

    AirbnbVrbo

  • Mountain getaway with spa BBQ deck near slopes

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $22,909ADR $238Occ ≈ 26%4.4★ (17)

    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

Financing
Management

Est. revenue

$25,460

NOI

$7,289

Cash flow /mo

$607

Cash needed

$458,000

Cash-on-cash (all cash)

1.6%

ROE (yr 1)

4.4%

Cap rate

1.7%

DSCR

—

Year-1 write-off

$133,489

Year-1 tax shield @ 32%

$42,716

Year-1 return on equity

  • Cash flow (annual)$7,289
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,750
ROE4.4%

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)$5,092
  • Platform fees (3% of revenue)$764
  • Maintenance / capex (5% of revenue)$1,273
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,765
  • Insurance (STR-rated)$2,168

Cash needed to close

  • Purchase price (all cash)$425,000
  • Closing costs (4.0%)$17,000
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$42,716

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

$340,000

Short-life (5/15-yr)

$117,000 · 34%

Year-1 deduction

$133,000

Year-1 tax shield @ 32%

$43,000

Land 20% (county tax record, assessed value split) · building $223,000 over 39 years · new furniture $16,000

Based on: 805 sq ft, built 1983, 2 bd / 2 ba, unfurnished, listing features (deck, patio, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $81,000 in year 1 (19% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$76,300
  • Kitchen cabinetsdefault

    $7,600 new × 40% good × 4.70 allocation

    $14,200
  • Kitchen countertopsdefault

    $6,200 new × 40% good × 4.70 allocation

    $11,600
  • Decorative trimdefault

    $1,400 new × 40% good × 4.70 allocation

    $2,700
  • Mirrorsdefault

    $300 new × 40% good × 4.70 allocation

    $600
  • Shelvingdefault

    $900 new × 40% good × 4.70 allocation

    $1,700
  • Window coverings (8)default

    $2,000 new × 40% good × 4.70 allocation

    $3,800
  • Carpet, vinyl & laminate (33% of floors)listing

    $1,700 new × 40% good × 4.70 allocation

    $3,200
  • Kitchen & laundry equipment plumbingdefault

    $5,900 new × 40% good × 4.70 allocation

    $11,100
  • Kitchen, laundry & data equipment electricaldefault

    $3,600 new × 40% good × 4.70 allocation

    $6,700
  • Appliances (range, microwave)listing

    $2,500 new × 40% good × 4.70 allocation

    $4,700
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$57,000
  • Paving: driveway & walks (paved)default

    $5,900 new × 50% good × 4.70 allocation

    $13,800
  • Landscaping (typical)default

    $5,700 new × 50% good × 4.70 allocation

    $13,300
  • Patioslisting

    $3,600 new × 50% good × 4.70 allocation

    $8,500
  • Decks & porches (attached)listing

    $9,100 new × 50% good × 4.70 allocation

    $21,300
Building, 39-year$222,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $86,800 new × 40% good × 4.70 allocation

    $163,300
  • Building plumbing & fixturesdefault

    $9,000 new × 40% good × 4.70 allocation

    $16,900
  • Building electrical & lightingdefault

    $7,500 new × 40% good × 4.70 allocation

    $14,100
  • HVACdefault

    $9,100 new × 40% good × 4.70 allocation

    $17,100
  • Hardwood & tile floorsdefault

    $3,500 new × 40% good × 4.70 allocation

    $6,500
  • Fireplacelisting

    $2,600 new × 40% good × 4.70 allocation

    $5,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$76,300$57,000$200$133,500
2$0$0$5,700$5,700
3$0$0$5,700$5,700
4$0$0$5,700$5,700
5$0$0$5,700$5,700
6+$0$0$199,700$199,700
Total$76,300$57,000$222,700$356,000

The building's share of the price ($340,000) is 4.7x our depreciated replacement cost of the home ($72,000). 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.