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903 W Rainbow Blvd

903 W Rainbow Blvd

Big Bear City, CA 92314

$425,000

2 bd · 2 ba · 679 sqft · Listed 49d ago

View on Realtor.com →

Year built

1947

Sqft

679

Lot sqft

5,001

HOA / mo

None

Furnished

No

List date

2026-09-25T18:04:49Z

Revenue

Annual revenue

$28,083

ADR

$197

Occupancy

39%

Cleaning fees (12 mo)

$5,699

Confidence

Low (47.97), 50 comps

Comp revenue range (p25 / median / p75)

$18,367$25,605$34,611

Median revenue of shown comps: $25,629

  • Walk To Conv Center • Fire Pit • BBQ • EV Charger

    Cabin · 2 bd · 1 ba · sleeps 5 · 200 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $24,316ADR $243Occ ≈ 27%5★ (177)

    Airbnb

  • Mountain Lane Retreat- Close to Family Fun!

    Cabin · 2 bd · 1 ba · sleeps 5 · 236 ft

    Revenue $4,116ADR $0Occ ≈ —4.8★ (126)

    Airbnb

  • Rainbow Retreat 2 Bedroom 1 Bath Free WiFi

    House · 2 bd · 1 ba · sleeps 5 · 266 ft

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

    Revenue $38,928ADR $298Occ ≈ 36%4.8★ (146)

    AirbnbVrbo

  • Casa del Oso | Close to Skiing, Lake & Village

    Cabin · 2 bd · 2 ba · sleeps 6 · 276 ft

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

    Revenue $23,543ADR $287Occ ≈ 22%4.9★ (95)

    Airbnb

  • Sherwood Cabin-2bed+Loft

    House · 2 bd · 1 ba · sleeps 6 · 289 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $8,176ADR $309Occ ≈ 7%4.3★ (10)

    AirbnbVrbo

  • La Cabañita

    Cabin · 2 bd · 1 ba · sleeps 6 · 292 ft

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

    Revenue $6,542ADR $262Occ ≈ 7%4.9★ (12)

    Airbnb

  • Cozy, Modern, Fenced; Romantic/Family. Walk 2 Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 348 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $25,774ADR $148Occ ≈ 48%5★ (83)

    AirbnbVrbo

  • Big Bear Escape: Cozy Fireplace! Dine Al Fresco!

    Cabin · 2 bd · 2 ba · sleeps 6 · 358 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $248ADR $248Occ ≈ 0%5★ (2)

    AirbnbVrbo

  • Robinhood Lodge | 5 min to slopes & lake

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 410 ft

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

    Revenue $1,571ADR $174Occ ≈ 2%5★ (4)

    Airbnb

  • Cozy Family Cabin, Near Zoo, Lake, Snow Play & Spa

    Cabin · 2 bd · 1 ba · sleeps 4 · 413 ft

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

    Revenue $46,990ADR $219Occ ≈ 59%4.9★ (79)

    Airbnb

Show 39 more
  • Summer Retreat • Near Village & Lake • HotTub

    Cabin · 2 bd · 1 ba · sleeps 6 · 420 ft

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

    Revenue $34,255ADR $323Occ ≈ 29%5★ (230)

    AirbnbVrbo

  • Cozy Spa Cabin - 2 Min Walk 2 Snow Play & WiFi

    House · 2 bd · 1 ba · sleeps 6 · 423 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $55,504ADR $197Occ ≈ 77%4.4★ (102)

    AirbnbVrbo

  • Robinhood Chalet Cottage at Big Bear Lake

    Vacation home · 2 bd · 1 ba · sleeps 6 · 436 ft

    Revenue $46,042ADR $560Occ ≈ 23%—

    Booking

  • Robinhood Chalet Cottage at Big Bear Lake

    Cabin · 2 bd · 1 ba · sleeps 6 · 440 ft

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

    Revenue $25,580ADR $423Occ ≈ 17%4.7★ (17)

    AirbnbVrboBooking

  • Sand Meets Snow - Pets are welcome! (Remodeled)

    Cabin · 2 bd · 1 ba · sleeps 6 · 440 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $25,629ADR $135Occ ≈ 52%4.6★ (19)

    AirbnbVrbo

  • Huge Fully Fenced Yard w/Playground

    Cabin · 2 bd · 2 ba · sleeps 6 · 446 ft

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

    Revenue $28,121ADR $244Occ ≈ 32%4.9★ (96)

    Airbnb

  • Rancho Relaxo

    Cabin · 2 bd · 1 ba · sleeps 4 · 459 ft

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

    Revenue $33,958ADR $174Occ ≈ 53%5★ (53)

    AirbnbVrbo

  • Snug and Cozy Little Cabin

    Cabin · 2 bd · 1 ba · sleeps 5 · 463 ft

    Revenue $24,484ADR $197Occ ≈ 34%5★ (215)

    Delisted

  • KING Bed • SPA • BBQ • Fire Pit

    House · 2 bd · 2 ba · sleeps 4 · 492 ft

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

    Revenue $41,772ADR $227Occ ≈ 50%5★ (54)

    Airbnb

  • KING Bed + Fire Pit + Spa+ Coffee Bar + Private driveway + Centrally located

    Cabin · 2 bd · 2 ba · sleeps 5 · 495 ft

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

    Revenue $47,045ADR $283Occ ≈ 46%5★ (2)

    Vrbo

  • Cozy Cabin w/ Deck & Fireplace in Big Bear!

    Cabin · 2 bd · 1 ba · sleeps 6 · 518 ft

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

    Revenue $23,805ADR $186Occ ≈ 35%4.5★ (104)

    AirbnbVrboBooking

  • Cozy Cabin! Huge Fenced Yard & Convenient Location

    House · 2 bd · 2 ba · sleeps 6 · 525 ft

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

    Revenue $27,933ADR $216Occ ≈ 35%4.7★ (153)

    AirbnbVrbo

  • PonderosaHaus

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

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

    Revenue $31,750ADR $173Occ ≈ 50%5★ (124)

    AirbnbVrbo

  • 2 Miles to Ski Resorts

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $14,064ADR $181Occ ≈ 21%4.4★ (9)

    Airbnb

  • 2 Mi to Big Bear Lake: Family-Friendly Cabin

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $26,200ADR $189Occ ≈ 38%4.8★ (52)

    AirbnbBooking

  • Cozy 2 Bedroom Cabin in Big Bear City

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

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

    Revenue $24,153ADR $175Occ ≈ 38%4.8★ (52)

    AirbnbVrbo

  • Luxe Cabin with AC, Fire Pit, Close to Everything!

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $45,838ADR $229Occ ≈ 55%5★ (282)

    AirbnbVrbo

  • The Wolf Lodge hosted by Big Bear Cool Cabins

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $19,659ADR $331Occ ≈ 16%5★ (21)

    AirbnbVrboBooking

  • Walk to Oktoberfest • BBQ • Hot tub • Fire pit • Pets OK

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

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

    Revenue $34,730ADR $256Occ ≈ 37%4.8★ (63)

    AirbnbVrboBooking

  • Cozy A-Frame Cabin w/ Fireplace, Jet Tub & BBQ

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

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

    Revenue $21,077ADR $287Occ ≈ 20%4.2★ (11)

    AirbnbVrboBooking

  • Top-Rated Cabin Stay w/ Fenced Backyard and AC

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

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

    Revenue $19,229ADR $184Occ ≈ 29%5★ (54)

    AirbnbVrbo

  • Mountain Lane Retreat- Close to Family Fun!

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $30,294ADR $170Occ ≈ 49%5★ (5)

    AirbnbBooking

  • AC*Walk 2 Lake, Go-Karts*Dining+Fenced Yard 4 Pets

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

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

    Revenue $25,840ADR $199Occ ≈ 36%5★ (120)

    AirbnbVrbo

  • Close to lake/slopes 2B 1B Pets LRG Fenced Yard

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $20,970ADR $226Occ ≈ 25%5★ (10)

    Airbnb

  • Bearfoot Bungalow

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

    Revenue $10,281ADR $106Occ ≈ 27%—

    Airbnb

  • Cozy Retreat | AC•BBQ•Fire Pit•Pets•Yard•Games

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $41,666ADR $159Occ ≈ 72%5★ (56)

    Airbnb

  • EACH Pine Retreat- Lg Fenced Yard, EV Hook-up

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $26,799ADR $127Occ ≈ 58%4.9★ (181)

    Airbnb

  • Rancho Pines I 1965 Ski +Hike+Hot Tub

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

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $40,507ADR $232Occ ≈ 48%5★ (207)

    Airbnb

  • Highbearnation Cabin, 1 Night Free!

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

    Revenue $10,647ADR $276Occ ≈ 11%4.4★ (18)

    Airbnb

  • Dreamy Cottage, fireplace, spa, pets ok, sleeps 8

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.2 mi

    Revenue $42,159ADR $221Occ ≈ 52%4.7★ (9)

    Airbnb

  • Cozy Cabin w Spa, Fenced Yard, Walk to SnowPlay

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

    Revenue $45,441ADR $256Occ ≈ 49%4.8★ (106)

    AirbnbBooking

  • Big Bear Ski Hideaway! Cozy Cabin w/ Fenced Yard

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

    Revenue $12,102ADR $126Occ ≈ 26%5★ (2)

    Booking

  • Big Bear Ski Hideaway! Cozy Cabin w/ Fenced Yard

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

    Revenue $23,194ADR $175Occ ≈ 36%4.3★ (17)

    Airbnb

  • Cabin near Ski Slopes, Big Bear Snow Play & Lake

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

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

    Revenue $11,039ADR $275Occ ≈ 11%4.7★ (198)

    Airbnb

  • Stōkhaus A-frame | Retro Retreat + Hot Tub

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

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

    Revenue $42,262ADR $286Occ ≈ 40%5★ (332)

    Airbnb

  • Cozy Family Cabin

    Cabin · 2 bd · 1 ba · sleeps 8 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $5,099ADR $169Occ ≈ 8%5★ (2)

    Airbnb

  • Cozy romantic or family getaway.

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

    • Free parking
    • Pets OK
    • Kitchen
    • Fireplace

    Revenue $18,079ADR $140Occ ≈ 35%4.8★ (355)

    Airbnb

  • The Blue Cabin

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

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

    Revenue $22,183ADR $143Occ ≈ 43%4.9★ (41)

    Airbnb

  • PikkuBear: Spa, Arcade, FencedYard, Firepit

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

    Revenue $32,242ADR $263Occ ≈ 34%4.7★ (90)

    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

Financing
Management

Est. revenue

$28,083

NOI

$9,177

Cash flow /mo

$765

Cash needed

$458,000

Cash-on-cash (all cash)

2.0%

ROE (yr 1)

4.8%

Cap rate

2.2%

DSCR

—

Year-1 write-off

$154,083

Year-1 tax shield @ 32%

$49,307

Year-1 return on equity

  • Cash flow (annual)$9,177
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$12,750
ROE4.8%

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)$5,617
  • Platform fees (3% of revenue)$842
  • Maintenance / capex (5% of revenue)$1,404
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,630
  • 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%$49,307

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

$330,000

Short-life (5/15-yr)

$137,000 · 42%

Year-1 deduction

$154,000

Year-1 tax shield @ 32%

$49,000

Land 22% (county tax record, assessed value split) · building $192,000 over 39 years · new furniture $16,000

Based on: 679 sq ft, built 1947, 2 bd / 2 ba, unfurnished, listing features (deck, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $104,000 in year 1 (26% short-life, $33,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$85,300
  • Kitchen cabinetsdefault

    $7,300 new × 40% good × 4.97 allocation

    $14,500
  • Kitchen countertopsdefault

    $6,000 new × 40% good × 4.97 allocation

    $11,900
  • Decorative trimdefault

    $1,200 new × 40% good × 4.97 allocation

    $2,400
  • Mirrorsdefault

    $300 new × 40% good × 4.97 allocation

    $600
  • Shelvingdefault

    $900 new × 40% good × 4.97 allocation

    $1,800
  • Window coverings (7)default

    $1,800 new × 40% good × 4.97 allocation

    $3,500
  • Carpet, vinyl & laminate (100% of floors)listing

    $4,400 new × 40% good × 4.97 allocation

    $8,700
  • Kitchen & laundry equipment plumbingdefault

    $5,700 new × 40% good × 4.97 allocation

    $11,300
  • Kitchen, laundry & data equipment electricaldefault

    $3,400 new × 40% good × 4.97 allocation

    $6,800
  • Appliances (range, refrigerator)listing

    $4,000 new × 40% good × 4.97 allocation

    $8,000
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$68,100
  • Paving: driveway & walks (paved)default

    $5,400 new × 50% good × 4.97 allocation

    $13,400
  • Landscaping (typical)default

    $5,200 new × 50% good × 4.97 allocation

    $12,900
  • Patiosdefault

    $700 new × 50% good × 4.97 allocation

    $1,700
  • Decks & porches (attached)listing

    $7,600 new × 50% good × 4.97 allocation

    $19,000
  • Fencinglisting

    $6,000 new × 50% good × 4.97 allocation

    $14,900
  • Site lightinglisting

    $2,500 new × 50% good × 4.97 allocation

    $6,200
Building, 39-year$192,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $73,000 new × 40% good × 4.97 allocation

    $145,200
  • Building plumbing & fixturesdefault

    $7,600 new × 40% good × 4.97 allocation

    $15,000
  • Building electrical & lightingdefault

    $5,900 new × 40% good × 4.97 allocation

    $11,700
  • HVACdefault

    $7,600 new × 40% good × 4.97 allocation

    $15,200
  • Fireplacelisting

    $2,600 new × 40% good × 4.97 allocation

    $5,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$85,300$68,100$600$154,100
2$0$0$4,900$4,900
3$0$0$4,900$4,900
4$0$0$4,900$4,900
5$0$0$4,900$4,900
6+$0$0$172,000$172,000
Total$85,300$68,100$192,300$345,800

The building's share of the price ($330,000) is 5.0x our depreciated replacement cost of the home ($66,000). 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.