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331 Mullins Dr

331 Mullins Dr

Big Bear City, CA 92314

$344,900

3 bd · 1.5 ba · 1,068 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1949

Sqft

1,068

Lot sqft

4,750

HOA / mo

None

Furnished

No

List date

2026-09-29T16:44:58.000000Z

Revenue

Annual revenue

$25,169

ADR

$228

Occupancy

30%

Cleaning fees (12 mo)

$4,979

Confidence

Low (30.03), 50 comps

Comp revenue range (p25 / median / p75)

$9,283$16,697$36,069
  • Modern Loft in Big Bear | Pet-friendly | Hot Tub

    House · 3 bd · 2 ba · sleeps 7 · 390 ft

    Revenue $3,921ADR $338Occ ≈ 3%5★ (6)

    AirbnbVrbo

  • Curly Cabin: Views, Jacuzzi, Game Room, Fire Pit!

    Cabin · 3 bd · 2 ba · sleeps 8 · 417 ft

    Revenue $3,682ADR $230Occ ≈ 4%5★ (2)

    Airbnb

  • Cozy 3BR Big Bear Home with Hot Tub and Fire Pit

    House · 3 bd · 2.5 ba · sleeps 8 · 423 ft

    Revenue $3,439ADR $246Occ ≈ 4%5★ (2)

    Airbnb

  • Hot Tub & Game Room Close to Slopes/Lake! CUTE PAN

    Cabin · 3 bd · 2 ba · sleeps 8 · 489 ft

    Revenue $14,741ADR $441Occ ≈ 9%4.5★ (31)

    AirbnbVrboBooking

  • Above it All Retreat Cottage at Big Bear Lake

    Vacation home · 3 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $43,141ADR $668Occ ≈ 18%—

    Booking

  • Pacific Crest Trail: Fireplaces! Vaulted Ceilings!

    House · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $36,074ADR $258Occ ≈ 38%4.9★ (80)

    AirbnbVrbo

  • < 2 Mi to Lake: Big Bear City Cabin w/ Hot Tub!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $40,242ADR $417Occ ≈ 26%4.8★ (56)

    AirbnbVrboBooking

  • Big Bear getaway!

    House · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $6,830ADR $233Occ ≈ 8%4.8★ (4)

    Airbnb

  • Charming Woodsy Dog Friendly HomeHot

    House · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $28,840ADR $286Occ ≈ 28%4.2★ (12)

    AirbnbVrboBooking

  • Big Bear: Beautiful Vacation Home Under the Pines

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $3,296ADR $207Occ ≈ 4%4★ (2)

    Airbnb

Show all 50 comps
  • 2577-The Cave

    Vacation home · 3 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $13,813ADR $445Occ ≈ 9%—

    Booking

  • "Cozy Bear Cabin, Hot tub, & Game Room"

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $41,436ADR $357Occ ≈ 32%4.7★ (10)

    AirbnbVrbo

  • Aframe, Huge Yard, Escooters, SUP Board, Kayak, EV

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $16,895ADR $310Occ ≈ 15%5★ (16)

    Airbnb

  • Modern Mountain Retreat - Dog Friendly, Foosball

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $15,749ADR $391Occ ≈ 11%4.5★ (4)

    Airbnb

  • Four Seasons Retreat

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $38,611ADR $370Occ ≈ 29%4.9★ (121)

    AirbnbVrbo

  • Fireplace, Deck, Barbecue

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $41,936ADR $316Occ ≈ 36%3.9★ (12)

    AirbnbVrbo

  • Big Hot Tub! - 5 Mins to Slopes!

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $19,427ADR $260Occ ≈ 20%4.3★ (24)

    Airbnb

  • The Mt. Double Escape + Jacuzzi + BBQ/Firepit!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $42,130ADR $269Occ ≈ 43%4.7★ (23)

    AirbnbVrboBooking

  • Woodsy Cozy Glam, Hot Tub, Pirate Ship and Xbox

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $22,279ADR $285Occ ≈ 21%5★ (6)

    AirbnbVrbo

  • Big Bear Mountain Cabin | Pet-Friendly

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $13,817ADR $238Occ ≈ 16%4.4★ (177)

    AirbnbVrboBooking

  • The Duran Cabin - Vintage Big Bear Cabin In Big Bear City

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $25,535ADR $172Occ ≈ 41%—

    Booking

  • Renovated cabin, close to town, Lake & activities

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $16,476ADR $488Occ ≈ 9%4.9★ (103)

    Airbnb

  • “Sweet OSO Cabin” Adventures are just a CLiCk Away

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $3,426ADR $180Occ ≈ 5%5★ (2)

    AirbnbVrbo

  • THE GOLDIE CABIN • Luxury stay, Hot Tub & Fire Pit

    House · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $37,577ADR $0Occ ≈ —5★ (127)

    AirbnbVrbo

  • Family Friendly - Hot Tub - Bonus Living Space

    House · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $46,659ADR $199Occ ≈ 64%4.8★ (357)

    Airbnb

  • New! Bearadise ~Cozy Modern Getaway ~A-Frame Cabin

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $7,225ADR $165Occ ≈ 12%4.2★ (7)

    AirbnbVrbo

  • Sequoia Mountain Retreat Big Bear~ Minutes to Activities

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $849ADR $0Occ ≈ ——

    Booking

  • Mountain Family Getaway w/ Huge Fenced Yard

    Cabin · 3 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $8,817ADR $279Occ ≈ 9%4★ (3)

    AirbnbVrboBooking

  • *NEW* The Starlight Cottage+ BBQ & Patio!

    House · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $26,374ADR $218Occ ≈ 33%4.8★ (8)

    AirbnbVrboBooking

  • Big Bear RnR: Escape from Suburbia and Relax!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $19,223ADR $235Occ ≈ 22%4.8★ (32)

    AirbnbVrbo

  • Peter Pan Lodge - Fireplace, Deck, TVs

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $564ADR $0Occ ≈ ——

    AirbnbBooking

  • Bear Cub Cabin + Hot-Tub & Outdoor Patio w/ BBQ!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $36,052ADR $284Occ ≈ 35%4.7★ (16)

    AirbnbVrboBooking

  • Pixie Dust Pines: Whimsical Cabin Retreat

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $40,207ADR $216Occ ≈ 51%4.8★ (32)

    AirbnbVrboBooking

  • Pixie Dust Pines by Rather Be Properties

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $14,303ADR $285Occ ≈ 14%5★ (1)

    Booking

  • On Mountain Time-2bed 1bath+Loft

    House · 3 bd · 1 ba · sleeps 8 · 0.4 mi

    Revenue $7,240ADR $300Occ ≈ 7%4.6★ (20)

    AirbnbVrbo

  • Lake Cabin with Boat Parking 5 mins from lake

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $17,119ADR $326Occ ≈ 14%5★ (6)

    Airbnb

  • Lost Boy's Hideout + BBQ + Large Backyard!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $36,613ADR $232Occ ≈ 43%3.6★ (3)

    AirbnbVrboBooking

  • Meadow Retreat- Log Style Cabin W/ Spa-Pets OK

    House · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $16,499ADR $455Occ ≈ 10%4.5★ (96)

    AirbnbVrbo

  • Peter Pan Lodge: 3bed/2bath, Fireplace+karaoke

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $14,934ADR $267Occ ≈ 15%4.9★ (32)

    Airbnb

  • Modern Bearadise Hideaway: Spa, Firepit, 3Bdr

    House · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $61,007ADR $280Occ ≈ 60%5★ (95)

    Airbnb

  • Ski-Inspired Retreat - Fireplace,Close to Skiing!

    Cabin · 3 bd · 1 ba · sleeps 8 · 0.4 mi

    Revenue $3,884ADR $211Occ ≈ 5%4.2★ (10)

    Airbnb

  • Peaceful 3 bdr cabin w/ hot tub! Close to hiking!

    Cabin · 3 bd · 1 ba · sleeps 7 · 0.5 mi

    Revenue $12,633ADR $334Occ ≈ 10%4.9★ (252)

    Airbnb

  • Corner Hideaway I Quiet Location, Cozy Interiors

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $10,682ADR $292Occ ≈ 10%5★ (22)

    Airbnb

  • Big Bear Cabin retreat! 3 Parking spots

    House · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $32,092ADR $269Occ ≈ 33%4.8★ (82)

    AirbnbVrbo

  • Cozy Pet Friendly Big Bear Cabin

    Vacation home · 3 bd · 1 ba · sleeps 5 · 0.5 mi

    Revenue $20,654ADR $257Occ ≈ 22%3.8★ (2)

    Booking

  • Big Bear Bungalow ~ Cozy Mountain Big Bear Cottage

    Cabin · 3 bd · 1.5 ba · sleeps 8 · 0.5 mi

    Revenue $15,577ADR $454Occ ≈ 9%—

    AirbnbVrbo

  • Private Hot Tub, Fire table, Barbecue, Dogs Ok

    House · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $16,056ADR $402Occ ≈ 11%5★ (18)

    Airbnb

  • Mountain Views- Gaming Table- Dog Friendly-Firepit

    House · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $38,816ADR $216Occ ≈ 49%4.8★ (55)

    AirbnbVrbo

  • Sierra Family Getaway Spa/AC/Boat Parking/Wi-Fi

    House · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $18,399ADR $288Occ ≈ 18%5★ (31)

    AirbnbBooking

  • “The Pilot's Chalet”

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $5,324ADR $102Occ ≈ 14%4.7★ (3)

    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

$25,169

NOI

$8,369

Cash flow /mo

$697

Cash needed

$378,196

Cash-on-cash (all cash)

2.2%

ROE (yr 1)

4.9%

Cap rate

2.4%

DSCR

—

Year-1 write-off

$99,110

Year-1 tax shield @ 32%

$31,715

Year-1 return on equity

  • Cash flow (annual)$8,369
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$10,347
ROE4.9%

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)$5,034
  • Platform fees (3% of revenue)$755
  • Maintenance / capex (5% of revenue)$1,258
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$4,311
  • Insurance (STR-rated)$1,759

Cash needed to close

  • Purchase price (all cash)$344,900
  • Closing costs (4.0%)$13,796
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$31,715

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

$246,000

Short-life (5/15-yr)

$79,000 · 32%

Year-1 deduction

$99,000

Year-1 tax shield @ 32%

$32,000

Land 29% (county tax record, assessed value split) · building $166,000 over 39 years · new furniture $20,000

Based on: 1,068 sq ft, built 1949, 3 bd / 1.5 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $63,000 in year 1 (18% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$62,700
  • Kitchen cabinetsdefault

    $8,100 new × 40% good × 2.72 allocation

    $8,900
  • Kitchen countertopsdefault

    $6,700 new × 40% good × 2.72 allocation

    $7,300
  • Decorative trimdefault

    $1,900 new × 40% good × 2.72 allocation

    $2,000
  • Mirrorsdefault

    $200 new × 40% good × 2.72 allocation

    $200
  • Shelvingdefault

    $1,200 new × 40% good × 2.72 allocation

    $1,300
  • Window coverings (11)default

    $2,800 new × 40% good × 2.72 allocation

    $3,000
  • Carpet, vinyl & laminate (100% of floors)listing

    $6,900 new × 40% good × 2.72 allocation

    $7,500
  • Kitchen & laundry equipment plumbingdefault

    $6,300 new × 40% good × 2.72 allocation

    $6,900
  • Kitchen, laundry & data equipment electricaldefault

    $3,800 new × 40% good × 2.72 allocation

    $4,200
  • Appliances (range)listing

    $1,800 new × 40% good × 2.72 allocation

    $2,000
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$35,900
  • Paving: driveway & walks (paved)default

    $6,800 new × 50% good × 2.72 allocation

    $9,200
  • Landscaping (typical)default

    $6,500 new × 50% good × 2.72 allocation

    $8,900
  • Patiosdefault

    $1,100 new × 50% good × 2.72 allocation

    $1,400
  • Decks & porches (attached)listing

    $12,000 new × 50% good × 2.72 allocation

    $16,400
Building, 39-year$166,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $115,300 new × 40% good × 2.72 allocation

    $125,700
  • Building plumbing & fixturesdefault

    $12,000 new × 40% good × 2.72 allocation

    $13,000
  • Building electrical & lightingdefault

    $10,800 new × 40% good × 2.72 allocation

    $11,800
  • HVACdefault

    $12,000 new × 40% good × 2.72 allocation

    $13,100
  • Fireplacelisting

    $2,600 new × 40% good × 2.72 allocation

    $2,900

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$62,700$35,900$500$99,100
2$0$0$4,300$4,300
3$0$0$4,300$4,300
4$0$0$4,300$4,300
5$0$0$4,300$4,300
6+$0$0$148,900$148,900
Total$62,700$35,900$166,500$265,100

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 and Georgia 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.