39298 Willow Landing Rd
Big Bear Lake, CA 92315
$689,900
4 bd · 2 ba · Listed 1d ago
View on Realtor.com →Year built
1963
Sqft
—
Lot sqft
5,350
HOA / mo
None
Furnished
Yes
List date
2026-10-02T22:23:17.000000Z
Revenue
Annual revenue
$38,013
ADR
$353
Occupancy
30%
Cleaning fees (12 mo)
$5,828
Confidence
Low (30.75), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $40,645
Willow Retro Fun - Spa, Games, Photo Booth, AC
House · 4 bd · 2 ba · sleeps 9 · 240 ft
Revenue $23,652ADR $346Occ ≈ 19%4.8★ (9)
Lakeview Haven- Luxury Retreat
Vacation home · 4 bd · 2 ba · sleeps 12 · 0.1 mi
Revenue $32,805ADR $575Occ ≈ 16%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
NEW! Boulder Bay Cabin Retreat Cabin | 4 bd · 2 ba · sleeps 9 | $2,834 | $354 | 2% | 4.4★ (22) | 16 ft | AirbnbVrbo |
Willow Retro Fun - Spa, Games, Photo Booth, AC House | 4 bd · 2 ba · sleeps 9 | $23,652 | $346 | 19% | 4.8★ (9) | 240 ft | Airbnb |
Willow Playhouse | Spa, Games & Central AC House | 4 bd · 2 ba · sleeps 9 | $3,340 | $278 | 3% | 5★ (2) | 341 ft | AirbnbVrbo |
Lake View, Game Room, Hot Tub Cabin | 4 bd · 3 ba · sleeps 13 | $78,911 | $703 | 31% | 4.7★ (17) | 371 ft | AirbnbVrboBooking |
Lakeview Haven- Game Room + Spa Walk to the Marina Cabin | 4 bd · 2 ba · sleeps 12 | $40,799 | $1,084 | 10% | 4★ (5) | 0.1 mi | AirbnbVrbo |
Lakeview Haven- Luxury Retreat Vacation home | 4 bd · 2 ba · sleeps 12 | $32,805 | $575 | 16% | 5★ (1) | 0.1 mi | Booking |
NEW! Pine Cabin Getaway by the Lake - Now with SPA Cabin | 4 bd · 3 ba · sleeps 9 | $26,813 | $543 | 14% | 4.8★ (77) | 0.2 mi | AirbnbVrbo |
Moab Cozy Lane + Hot-tub & Game Room w/ Pool Table House | 4 bd · 3 ba · sleeps 11 | $49,303 | $483 | 28% | 4.8★ (24) | 0.2 mi | AirbnbVrboBooking |
5-Star Lakefront Cabin FIRE PIT Game Room! LE Cabin | 4 bd · 3 ba · sleeps 13 | $126,764 | $929 | 37% | 5★ (39) | 0.2 mi | AirbnbVrboBooking |
Bay Views-7mins walk to lake-SPA & BBQ-Home Cinema House | 4 bd · 3 ba · sleeps 9 | $58,264 | $632 | 25% | 5★ (190) | 0.2 mi | AirbnbVrbo |
Show 20 more
Unwind in a Serene Mountain Lodge with Lake Views!
Cabin · 4 bd · 3 ba · sleeps 9 · 0.2 mi
Revenue $40,490ADR $407Occ ≈ 27%4.8★ (210)
Beautiful rustic abode with private hot tub, BBQ, yard, pool table and more!
House · 4 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $9,057ADR $503Occ ≈ 5%5★ (1)
Beautiful rustic abode with private hot tub, BBQ, yard, pool table and more!
House · 4 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $16,268ADR $411Occ ≈ 11%3★ (1)
Lakefront Raccoon's Nest - On the Lake
Vacation home · 4 bd · 2 ba · sleeps 11 · 0.4 mi
Revenue $44,070ADR $565Occ ≈ 21%5★ (1)
Family Fun Cozy Cabin Game Room Foosball Near Lake
Cabin · 4 bd · 2 ba · sleeps 12 · 0.4 mi
Revenue $28,773ADR $726Occ ≈ 11%3.5★ (2)
LAKEFRONT & DOCK, Fishing, 2 fire pits, Fireplace, 2 mi slopes, Tesla -Pets,
House · 4 bd · 2 ba · sleeps 9 · 0.6 mi
Revenue $76,403ADR $736Occ ≈ 28%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Steps to Lake • Pool Table | Lakeside in Bearadise Cabin | 4 bd · 2 ba · sleeps 9 | $28,085 | $458 | 17% | 4.5★ (29) | 0.2 mi | AirbnbVrboBooking |
Unwind in a Serene Mountain Lodge with Lake Views! Cabin | 4 bd · 3 ba · sleeps 9 | $40,490 | $407 | 27% | 4.8★ (210) | 0.2 mi | Airbnb |
Designer Cabin - 3 min walk to Lake & Private Dock House | 4 bd · 3 ba · sleeps 10 | $36,934 | $544 | 19% | 5★ (14) | 0.2 mi | AirbnbVrbo |
Boulder Landing|EV Charger, Private Dock, Hot Tub! House | 4 bd · 3 ba · sleeps 11 | $40,162 | $603 | 18% | 5★ (15) | 0.3 mi | AirbnbVrbo |
Pool Table! Lake views! Flat Fenced Yard+Foosball! Cabin | 4 bd · 2.5 ba · sleeps 12 | $95,139 | $908 | 29% | 3.6★ (3) | 0.4 mi | AirbnbVrbo |
Beautiful rustic abode with private hot tub, BBQ, yard, pool table and more! House | 4 bd · 3 ba · sleeps 10 | $9,057 | $503 | 5% | 5★ (1) | 0.4 mi | Vrbo |
Beautiful rustic abode with private hot tub, BBQ, yard, pool table and more! House | 4 bd · 3 ba · sleeps 10 | $16,268 | $411 | 11% | 3★ (1) | 0.4 mi | Vrbo |
LAKEfront HOT TUB Views! BEST lake location LRN Cabin | 4 bd · 2.5 ba · sleeps 11 | $82,697 | $621 | 36% | 4.3★ (129) | 0.4 mi | AirbnbVrboBooking |
Rustic Ridge | Gated, Jacuzzi, Pool Table, Village Cabin | 4 bd · 2.5 ba · sleeps 10 | $22,426 | $393 | 16% | 4.8★ (11) | 0.4 mi | AirbnbVrboBooking |
Lakefront Raccoon's Nest - On the Lake Vacation home | 4 bd · 2 ba · sleeps 11 | $44,070 | $565 | 21% | 5★ (1) | 0.4 mi | Booking |
Boulder Bay Villa: Luxury Lakefront! Views! BBQ! House | 4 bd · 3 ba · sleeps 11 | $47,756 | $1,292 | 10% | — | 0.4 mi | AirbnbVrbo |
Family Fun Cozy Cabin Game Room Foosball Near Lake Cabin | 4 bd · 2 ba · sleeps 12 | $28,773 | $726 | 11% | 3.5★ (2) | 0.4 mi | Airbnb |
Waterview Lodge. New Addition. Spa. Lake views. House | 4 bd · 2.5 ba · sleeps 12 | $38,862 | $670 | 16% | 4.8★ (28) | 0.4 mi | AirbnbVrbo |
Crystal Pines at Big Bear Lake | Walk to Lake Cabin | 4 bd · 2.5 ba · sleeps 12 | $28,152 | $552 | 14% | — | 0.4 mi | AirbnbVrboBooking |
Near the Lake!Breathtaking Views! Hot Tub! House | 4 bd · 3 ba · sleeps 11 | $121,110 | $841 | 39% | 4.9★ (43) | 0.4 mi | AirbnbVrbo |
Rustic abode with spa BBQ yard and pool table House | 4 bd · 3 ba · sleeps 10 | $57,323 | $553 | 28% | 4.4★ (20) | 0.4 mi | AirbnbVrboBooking |
The Black Cormorant | On the Lake House | 4 bd · 3 ba · sleeps 12 | $117,151 | $1,135 | 28% | 5★ (21) | 0.5 mi | AirbnbVrbo |
Pet Friendly! Hot Tub! Outdoor Oasis! Firepit! House | 4 bd · 3 ba · sleeps 10 | $73,831 | $684 | 30% | 5★ (40) | 0.5 mi | AirbnbVrbo |
LAKEFRONT & DOCK, Fishing, 2 fire pits, Fireplace, 2 mi slopes, Tesla -Pets, House | 4 bd · 2 ba · sleeps 9 | $76,403 | $736 | 28% | 5★ (3) | 0.6 mi | Vrbo |
Cowboy Cabin ~ Lake View, EV Charger, Near Village House | 4 bd · 2 ba · sleeps 9 | $55,537 | $347 | 44% | 5★ (23) | 0.7 mi | 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
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$38,013
NOI
$12,062
Cash flow /mo
-$2,802
Cash needed
$200,071
Cash-on-cash
-16.8%
ROE (yr 1)
-4.3%
Cap rate
1.7%
DSCR
0.26
Year-1 write-off
$164,195
Year-1 tax shield @ 32%
$52,542
Year-1 return on equity
- Cash flow (annual)-$33,628
- Principal paydown$4,297
- Appreciation at%$20,697
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)$7,603
- Platform fees (3% of revenue)$1,140
- Maintenance / capex (5% of revenue)$1,901
- Utilities & supplies$4,200
- HOA$0
- Property tax$8,729
- Insurance (STR-rated)$3,518
Cash needed to close
- Down payment (25%)$172,475
- Closing costs (4.0%)$27,596
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$52,542
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
$554,000
Short-life (5/15-yr)
$164,000 · 30%
Year-1 deduction
$164,000
Year-1 tax shield @ 32%
$53,000
Land 20% (county tax record, assessed value split) · building $390,000 over 39 years
Based on: ~2,400 sq ft (from beds), built 1963, 4 bd / 2 ba, furnished, listing features (hot tub, deck, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $97,000 in year 1 (17% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,500
Kitchen cabinetsdefault
$11,100 new × 40% good × 2.83 allocation
- $10,200
Kitchen countertopsdefault
$9,000 new × 40% good × 2.83 allocation
- $4,700
Decorative trimdefault
$4,200 new × 40% good × 2.83 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.83 allocation
- $1,700
Shelvingdefault
$1,500 new × 40% good × 2.83 allocation
- $6,800
Window coverings (24)default
$6,000 new × 40% good × 2.83 allocation
- $17,500
Carpet, vinyl & laminate (100% of floors)listing
$15,400 new × 40% good × 2.83 allocation
- $9,700
Kitchen & laundry equipment plumbingdefault
$8,600 new × 40% good × 2.83 allocation
- $5,900
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 40% good × 2.83 allocation
- $5,300
Appliances (range, microwave, refrigerator)listing
$4,700 new × 40% good × 2.83 allocation
- $10,200
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.83 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $14,400
Paving: driveway & walks (paved)default
$10,200 new × 50% good × 2.83 allocation
- $13,800
Landscaping (typical)default
$9,800 new × 50% good × 2.83 allocation
- $3,300
Patiosdefault
$2,400 new × 50% good × 2.83 allocation
- $38,200
Decks & porches (attached)listing
$27,000 new × 50% good × 2.83 allocation
- $294,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$260,400 new × 40% good × 2.83 allocation
- $30,600
Building plumbing & fixturesdefault
$27,000 new × 40% good × 2.83 allocation
- $31,300
Building electrical & lightingdefault
$27,700 new × 40% good × 2.83 allocation
- $30,600
HVACdefault
$27,000 new × 40% good × 2.83 allocation
- $3,000
Fireplacelisting
$2,600 new × 40% good × 2.83 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $94,100 | $69,700 | $400 | $164,200 |
| 2 | $0 | $0 | $10,000 | $10,000 |
| 3 | $0 | $0 | $10,000 | $10,000 |
| 4 | $0 | $0 | $10,000 | $10,000 |
| 5 | $0 | $0 | $10,000 | $10,000 |
| 6+ | $0 | $0 | $349,600 | $349,600 |
| Total | $94,100 | $69,700 | $390,000 | $553,800 |
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.