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205 E Starr Dr

205 E Starr Dr

Big Bear City, CA 92314

$599,000

4 bd · 3 ba · 1,960 sqft · Listed 1d ago

View on Realtor.com →

Year built

1986

Sqft

1,960

Lot sqft

6,900

HOA / mo

$0

Furnished

Yes

List date

2026-10-07T20:03:57.000000Z

Revenue

Annual revenue

$32,508

ADR

$297

Occupancy

30%

Cleaning fees (12 mo)

$6,168

Confidence

Low (45.18), 35 comps

Comp revenue range (p25 / median / p75)

$18,450$25,315$36,562

Median revenue of shown comps: $25,315

  • Big Bear Cabana Near Lake W/ Hot Tub, Shuffleboard

    House · 4 bd · 2 ba · sleeps 10 · 269 ft

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

    Revenue $972ADR $486Occ ≈ 1%5★ (1)

    AirbnbVrboBooking

  • 4-Bedroom Jacuzzi, Car, RV Parking & EV charging

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.1 mi

    Revenue $20,323ADR $612Occ ≈ 9%5★ (2)

    Airbnb

  • SuperHost's creation: MiniCastle

    House · 4 bd · 2 ba · sleeps 10 · 0.3 mi

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

    Revenue $37,664ADR $317Occ ≈ 33%5★ (93)

    Airbnb

  • Fall Retreat Family Cabin Hot Tub+BBQ+Game Room

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.4 mi

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

    Revenue $38,407ADR $507Occ ≈ 21%5★ (93)

    AirbnbVrbo

  • 5 Mi to Snow Summit: Cabin w/ Deck & Fireplace

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.4 mi

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

    Revenue $12,612ADR $394Occ ≈ 9%4.5★ (23)

    AirbnbVrboBooking

  • Golden Bear - Comfy cabin, short drive to the lake! Ping Pong and Pool Table! Darts and Air Hockey!

    Vacation home · 4 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $35,359ADR $353Occ ≈ 27%—

    Booking

  • Woodland Hideaway - Stylish, Spacious, Hiking, EV

    Cabin · 4 bd · 2 ba · sleeps 9 · 0.4 mi

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

    Revenue $29,524ADR $247Occ ≈ 33%5★ (37)

    AirbnbBooking

  • Laugh, Play & Chill in Big Bear’s Golden Bear

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.5 mi

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

    Revenue $24,871ADR $262Occ ≈ 26%4.1★ (11)

    AirbnbVrbo

  • "Oktoberfest” 20% off New Villa, AC, pool tbl, 10p

    Villa · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $3,030ADR $606Occ ≈ 1%—

    AirbnbVrbo

  • Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8

    House · 4 bd · 2.5 ba · sleeps 10 · 0.5 mi

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

    Revenue $11,421ADR $455Occ ≈ 7%5★ (80)

    Airbnb

Show 9 more
  • Spacious Mountain Retreat w/ Game Room

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.5 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace
    • +2

    Revenue $18,926ADR $509Occ ≈ 10%4.6★ (41)

    AirbnbVrboBooking

  • 4BR Cabin Near Big Bear Lake, Ski, Hike EV Charger

    House · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $43,355ADR $396Occ ≈ 30%4.8★ (48)

    AirbnbVrboBooking

  • Cozy Bear Lodge- Modern, Clean Cabin w Private spa

    House · 4 bd · 2 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $5,168ADR $281Occ ≈ 5%5★ (3)

    AirbnbBooking

  • *Bear City Doble Your Pleasure Retreat*Hot Tub*

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $43,885ADR $122Occ ≈ 99%4.5★ (20)

    AirbnbBooking

  • Fun-Filled Big Bear Retreat for Families & Friends

    House · 4 bd · 2 ba · sleeps 10 · 0.6 mi

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

    Revenue $24,498ADR $306Occ ≈ 22%4.2★ (4)

    AirbnbVrboBooking

  • Doble your pleasure #2127

    Vacation home · 4 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $40,789ADR $667Occ ≈ 17%—

    Booking

  • 2500SQF Family & Friends Big Bear Vacation Home!

    Cottage · 4 bd · 3.5 ba · sleeps 10 · 0.7 mi

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

    Revenue $55,754ADR $213Occ ≈ 72%4.5★ (147)

    Airbnb

  • Gold Mountain Getaway

    Cabin · 4 bd · 2 ba · sleeps 10 · 0.7 mi

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

    Revenue $26,714ADR $370Occ ≈ 20%4.8★ (58)

    AirbnbVrbo

  • Mountain Retreat | Firepit/BBQ | Games

    House · 4 bd · 2 ba · sleeps 9 · 0.8 mi

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

    Revenue $25,315ADR $420Occ ≈ 17%5★ (19)

    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

Financing
Management

Est. revenue

$32,508

NOI

$9,562

Cash flow /mo

$797

Cash needed

$622,960

Cash-on-cash (all cash)

1.5%

ROE (yr 1)

4.4%

Cap rate

1.6%

DSCR

—

Year-1 write-off

$153,915

Year-1 tax shield @ 32%

$49,253

Year-1 return on equity

  • Cash flow (annual)$9,562
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,970
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)$6,502
  • Platform fees (3% of revenue)$975
  • Maintenance / capex (5% of revenue)$1,625
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,511
  • Insurance (STR-rated)$3,055

Cash needed to close

  • Purchase price (all cash)$599,000
  • Closing costs (4.0%)$23,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$49,253

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

$482,000

Short-life (5/15-yr)

$154,000 · 32%

Year-1 deduction

$154,000

Year-1 tax shield @ 32%

$49,000

Land 20% (county tax record, assessed value split) · building $328,000 over 39 years

Based on: 1,960 sq ft, built 1986, 4 bd / 3 ba, furnished, listing features (deck, patio, fence, game room, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $93,000 in year 1 (19% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$75,300
  • Kitchen cabinetsdefault

    $10,100 new × 40% good × 2.85 allocation

    $11,500
  • Kitchen countertops (stone)listing

    $10,300 new × 40% good × 2.85 allocation

    $11,800
  • Decorative trimdefault

    $3,400 new × 40% good × 2.85 allocation

    $3,900
  • Mirrorsdefault

    $500 new × 40% good × 2.85 allocation

    $500
  • Shelvingdefault

    $1,500 new × 40% good × 2.85 allocation

    $1,700
  • Window coverings (20)default

    $5,000 new × 40% good × 2.85 allocation

    $5,700
  • Carpet, vinyl & laminate (50% of floors)listing

    $6,300 new × 40% good × 2.85 allocation

    $7,200
  • Kitchen & laundry equipment plumbingdefault

    $7,900 new × 40% good × 2.85 allocation

    $9,000
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 40% good × 2.85 allocation

    $5,400
  • Appliances (range, microwave, dishwasher, disposal, refrigerator)listing

    $6,100 new × 40% good × 2.85 allocation

    $7,000
  • Furniture conveyed with the sale (used)listing

    $23,000 new × 40% good · out of the price

    $9,200
  • Game-room equipment (used)listing

    $6,000 new × 40% good · out of the price

    $2,400
15-year land improvements$78,300
  • Paving: driveway & walks (paved)listing

    $9,200 new × 50% good × 2.85 allocation

    $13,100
  • Landscaping (typical)default

    $8,800 new × 50% good × 2.85 allocation

    $12,600
  • Patioslisting

    $8,800 new × 50% good × 2.85 allocation

    $12,600
  • Decks & porches (attached)listing

    $22,100 new × 50% good × 2.85 allocation

    $31,500
  • Fencinglisting

    $6,000 new × 50% good × 2.85 allocation

    $8,600
Building, 39-year$328,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $212,200 new × 40% good × 2.85 allocation

    $242,200
  • Building plumbing & fixturesdefault

    $22,100 new × 40% good × 2.85 allocation

    $25,200
  • Building electrical & lightingdefault

    $22,100 new × 40% good × 2.85 allocation

    $25,200
  • HVACdefault

    $22,100 new × 40% good × 2.85 allocation

    $25,200
  • Hardwood & tile floorsdefault

    $6,300 new × 40% good × 2.85 allocation

    $7,200
  • Fireplacelisting

    $2,600 new × 40% good × 2.85 allocation

    $3,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$75,300$78,300$400$153,900
2$0$0$8,400$8,400
3$0$0$8,400$8,400
4$0$0$8,400$8,400
5$0$0$8,400$8,400
6+$0$0$294,000$294,000
Total$75,300$78,300$328,000$481,500

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.