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505 Lakewood Ln

505 Lakewood Ln

Big Bear Lake, CA 92315

$374,999

2 bd · 1 ba · 948 sqft · Listed 1d ago

View on Realtor.com →

Year built

2005

Sqft

948

Lot sqft

5,001

HOA / mo

$0

Furnished

No

List date

2026-10-21T15:27:48.000000Z

Revenue

Annual revenue

$30,464

ADR

$212

Occupancy

39%

Cleaning fees (12 mo)

$7,073

Confidence

Low (51.21), 49 comps

Comp revenue range (p25 / median / p75)

$15,796$29,906$37,726

Median revenue of shown comps: $29,906

  • Hot Tub, BBQ, Close to Lake, Pets OK

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $53,151ADR $245Occ ≈ 59%5★ (223)

    AirbnbVrbo

  • walking distance to lake & village , Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 154 ft

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

    Revenue $38,796ADR $229Occ ≈ 46%5★ (333)

    Airbnb

  • Ursa Minor Cabin | BBQ | Fire Pit on Deck | Max 4

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

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

    Revenue $23,368ADR $202Occ ≈ 32%4.8★ (35)

    AirbnbVrbo

  • Cozy cabin-Hot tub-fenced yard- A/C - Pet friendly

    Cabin · 2 bd · 1 ba · sleeps 5 · 341 ft

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

    Revenue $30,758ADR $319Occ ≈ 26%5★ (88)

    AirbnbVrbo

  • Cozy Den - AC, Pets, Sled Hill, BBQ, Ski, By Lake

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 384 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $37,726ADR $206Occ ≈ 50%4.9★ (130)

    AirbnbVrbo

  • Charming Big Bear Cabin + Fireplace + Walk to Lake

    Cabin · 2 bd · 2 ba · sleeps 4 · 417 ft

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

    Revenue $14,561ADR $259Occ ≈ 15%4★ (8)

    AirbnbVrboBooking

  • Eagle Peak Walk to Village & Lake Fire Pit

    Cabin · 2 bd · 2 ba · sleeps 5 · 430 ft

    • A/C
    • Wifi
    • Kitchen

    Revenue $37,778ADR $246Occ ≈ 42%4.8★ (64)

    AirbnbVrboBooking

  • Lakewood Landing / Near the Lake!

    Cabin · 2 bd · 1 ba · sleeps 4 · 436 ft

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

    Revenue $5,591ADR $265Occ ≈ 6%4.8★ (7)

    Airbnb

  • Little Lake Lodge

    House · 2 bd · 1 ba · sleeps 4 · 456 ft

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

    Revenue $8,789ADR $266Occ ≈ 9%4.9★ (16)

    AirbnbVrbo

  • Wine Down Cabin - great LOCATION + SPA + PET ok

    Cabin · 2 bd · 1 ba · sleeps 5 · 459 ft

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

    Revenue $49,892ADR $252Occ ≈ 54%5★ (1035)

    AirbnbVrbo

Show 31 more
  • < 1 Mi to Big Bear Lake: Cabin w/ Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 489 ft

    Revenue $32,147ADR $356Occ ≈ 25%5★ (6)

    Airbnb

  • 3 story cabin In the heart of Big Bear Lake

    House · 2 bd · 2 ba · sleeps 6 · 512 ft

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

    Revenue $34,954ADR $177Occ ≈ 54%4.9★ (368)

    Airbnb

  • VISTA HOUSE - 2 Cabins for one price Walk to LAKE!

    Cabin · 2 bd · 2 ba · sleeps 8 · 522 ft

    Revenue $31,812ADR $264Occ ≈ 33%4.8★ (125)

    Airbnb

  • Starbright Cabin-AC, hot tub, close to everything

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

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

    Revenue $40,923ADR $210Occ ≈ 53%4.9★ (378)

    Airbnb

  • Hot Tub View-Walk to Lake & Village

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

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

    Revenue $33,184ADR $203Occ ≈ 45%4.8★ (570)

    AirbnbVrbo

  • Dream Lake Cabin | Hot Tub, EV & Walk to Lake

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

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

    Revenue $51,072ADR $183Occ ≈ 76%4.8★ (42)

    AirbnbVrboBooking

  • Cozy Cabin Close to the Village

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

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

    Revenue $23,832ADR $164Occ ≈ 40%4.8★ (164)

    Airbnb

  • Sweet Dream Cabin on Dream Street | Walk to Alpine Slide, Dining, & Big Bear Fun

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.1 mi

    Revenue $33,080ADR $295Occ ≈ 31%—

    Booking

  • Open Concept w Hot Tub, Kayaks, & Mountain View’s

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

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

    Revenue $59,300ADR $189Occ ≈ 86%5★ (512)

    Airbnb

  • DreamcatcherCabin, BBQ! TV in Bedroom&Living-room!

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

    Revenue $10,785ADR $2,261Occ ≈ 1%4.8★ (94)

    Delisted

  • Private Hot Tub | Walk to Lake + Village

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

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

    Revenue $15,450ADR $297Occ ≈ 14%4★ (27)

    AirbnbVrboBooking

  • Owl Cabin: Lakeside Serenity (house for sale)

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

    Revenue $20,298ADR $179Occ ≈ 31%5★ (56)

    Delisted

  • Modern Rustic Escape, Romantic Loft, Cozy Hot Tub

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

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

    Revenue $43,499ADR $250Occ ≈ 48%5★ (180)

    AirbnbVrbo

  • No Worries! Cozy Big Bear Cabin with Hot Tub!

    House · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

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

    Revenue $27,881ADR $182Occ ≈ 42%4.5★ (81)

    AirbnbVrbo

  • Midnight MTN Chalet A-Frame | Hot Tub & S'mores

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

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

    Revenue $54,252ADR $229Occ ≈ 65%4.9★ (177)

    AirbnbVrbo

  • Secret Hideaway Big Bear Lake (VRR-2023-0970)

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

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

    Revenue $8,897ADR $202Occ ≈ 12%4.7★ (68)

    Airbnb

  • Bungalow in the Pines + Close 2 Lake and Village!

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

    Revenue $11,712ADR $144Occ ≈ 22%5★ (9)

    AirbnbBooking

  • Big Bear Lake- walk to lake

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

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

    Revenue $6,111ADR $225Occ ≈ 7%4.8★ (452)

    AirbnbVrbo

  • Sweet Dream Cabin Walk to Alpine Slide

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

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

    Revenue $23,864ADR $234Occ ≈ 28%4.2★ (6)

    AirbnbVrboBooking

  • Arcade + Hot Tub Cabin | Walk to Lake & Shops

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

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

    Revenue $27,000ADR $315Occ ≈ 23%4.9★ (449)

    AirbnbVrbo

  • Pine Nest Marina Retreat at Big Bear- Marina Area

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

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

    Revenue $14,122ADR $570Occ ≈ 7%4★ (7)

    AirbnbVrboBooking

  • Lil Oso Bonita Cabin with Hot Tub

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

    Revenue $46,602ADR $172Occ ≈ 74%4.5★ (1)

    Booking

  • Lil' Oso Bonita | Walk 2 the Village, Games & SPA

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

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

    Revenue $47,719ADR $190Occ ≈ 69%4.8★ (91)

    AirbnbVrbo

  • L'Abri Cozy Cottage - Vintage charm near Village

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

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

    Revenue $29,906ADR $206Occ ≈ 40%5★ (31)

    Airbnb

  • Cozy Cabin w/ Deck - 2 Mi to Bear Mountain Resort!

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

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

    Revenue $15,796ADR $185Occ ≈ 23%4.5★ (19)

    AirbnbVrboBooking

  • Hot Tub Retreat Close to Slopes & Village

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

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

    Revenue $11,418ADR $328Occ ≈ 10%4.8★ (14)

    AirbnbVrboBooking

  • Adorable Casa Catalina Village Cabin at Big Bear

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

    • Free parking
    • Kitchen
    • Fireplace
    • View

    Revenue $9,185ADR $303Occ ≈ 8%4.3★ (22)

    AirbnbVrboBooking

  • Casa catalina #667

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

    Revenue $7,270ADR $266Occ ≈ 7%—

    Booking

  • Esterly Hideaway • Spa • Fenced Yard • Firepit

    House · 2 bd · 1 ba · sleeps 5 · 0.2 mi

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

    Revenue $34,913ADR $214Occ ≈ 45%4.8★ (319)

    AirbnbVrbo

  • Vista Pines at Big Bear Lake– Mountain Retreat

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

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

    Revenue $26,939ADR $710Occ ≈ 10%3.5★ (7)

    AirbnbVrboBooking

  • COZY BEAR Cabin- AC! Fenced Yard! Near Lake!

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

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

    Revenue $35,276ADR $187Occ ≈ 52%4.9★ (239)

    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

$30,464

NOI

$11,697

Cash flow /mo

$975

Cash needed

$405,999

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.7%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$95,975

Year-1 tax shield @ 32%

$30,712

Year-1 return on equity

  • Cash flow (annual)$11,697
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$11,250
ROE5.7%

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)$6,093
  • Platform fees (3% of revenue)$914
  • Maintenance / capex (5% of revenue)$1,523
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,687
  • Insurance (STR-rated)$1,912

Cash needed to close

  • Purchase price (all cash)$374,999
  • Closing costs (4.0%)$15,000
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$30,712

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

$271,000

Short-life (5/15-yr)

$80,000 · 29%

Year-1 deduction

$96,000

Year-1 tax shield @ 32%

$31,000

Land 28% (county tax record, assessed value split) · building $191,000 over 39 years · new furniture $16,000

Based on: 948 sq ft, built 2005, 2 bd / 1 ba, unfurnished, listing features (deck, patio, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $68,000 in year 1 (19% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$57,500
  • Kitchen cabinetsdefault

    $7,900 new × 40% good × 2.29 allocation

    $7,200
  • Kitchen countertopsdefault

    $6,400 new × 40% good × 2.29 allocation

    $5,900
  • Decorative trimdefault

    $1,700 new × 40% good × 2.29 allocation

    $1,500
  • Mirrorsdefault

    $200 new × 40% good × 2.29 allocation

    $100
  • Shelvingdefault

    $900 new × 40% good × 2.29 allocation

    $800
  • Window coverings (9)default

    $2,300 new × 40% good × 2.29 allocation

    $2,100
  • Carpet, vinyl & laminate (100% of floors)listing

    $6,100 new × 40% good × 2.29 allocation

    $5,600
  • Kitchen & laundry equipment plumbingdefault

    $6,100 new × 58% good × 2.29 allocation

    $8,100
  • Kitchen, laundry & data equipment electricaldefault

    $3,700 new × 58% good × 2.29 allocation

    $4,900
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 2.29 allocation

    $5,200
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$38,300
  • Paving: driveway & walks (paved)default

    $6,400 new × 50% good × 2.29 allocation

    $7,300
  • Landscaping (typical)default

    $6,100 new × 50% good × 2.29 allocation

    $7,000
  • Patioslisting

    $4,300 new × 50% good × 2.29 allocation

    $4,900
  • Decks & porches (attached)listing

    $10,700 new × 50% good × 2.29 allocation

    $12,200
  • Fencinglisting

    $6,000 new × 50% good × 2.29 allocation

    $6,900
Building, 39-year$191,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $102,500 new × 65% good × 2.29 allocation

    $152,500
  • Building plumbing & fixturesdefault

    $10,600 new × 58% good × 2.29 allocation

    $14,100
  • Building electrical & lightingdefault

    $9,300 new × 58% good × 2.29 allocation

    $12,300
  • HVACdefault

    $10,700 new × 40% good × 2.29 allocation

    $9,800
  • Fireplacelisting

    $2,600 new × 40% good × 2.29 allocation

    $2,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$57,500$38,300$200$96,000
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$171,300$171,300
Total$57,500$38,300$191,100$286,800

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.