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Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

507 Elysian Blvd

507 Elysian Blvd

Big Bear City, CA 92314

$289,500

2 bd · 1 ba · 760 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceNegative cash flow

Year built

1978

Sqft

760

Lot sqft

2,500

HOA / mo

$0

Furnished

No

List date

2026-10-07T22:48:00.000000Z

Revenue

Annual revenue

$21,496

ADR

$191

Occupancy

31%

Cleaning fees (12 mo)

$4,449

Confidence

Low (37.21), 49 comps

Comp revenue range (p25 / median / p75)

$9,967$19,339$27,224

Median revenue of shown comps: $19,339

  • Stylish Big Bear Cabin Hot Tub Private Fenced Yard

    Cabin · 2 bd · 2 ba · sleeps 5 · 138 ft

    Revenue $4,788ADR $218Occ ≈ 6%—

    Delisted

  • Charming Big Bear Cabin Getaway

    Cabin · 2 bd · 2 ba · sleeps 5 · 161 ft

    Revenue $398ADR $199Occ ≈ 1%5★ (1)

    Delisted

  • “Oktoberfest cabin, pets ok, brand new ac unit

    Cabin · 2 bd · 1 ba · sleeps 6 · 259 ft

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

    Revenue $12,314ADR $284Occ ≈ 12%5★ (9)

    AirbnbVrbo

  • BEAR CABIN GETAWAY!!!(SPA) Pet Friendly Backyard

    Cabin · 2 bd · 1 ba · sleeps 6 · 272 ft

    Revenue $6,910ADR $276Occ ≈ 7%4.5★ (230)

    AirbnbBooking

  • OASIS WKND In Big Bear

    House · 2 bd · 1 ba · sleeps 6 · 308 ft

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

    Revenue $27,149ADR $181Occ ≈ 41%5★ (57)

    Airbnb

  • Cozy House

    House · 2 bd · 1 ba · sleeps 6 · 351 ft

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

    Revenue $11,729ADR $177Occ ≈ 18%4.5★ (144)

    AirbnbVrbo

  • Bear City Retreat w/ Hot Tub- Relaxing Cottage

    Cabin · 2 bd · 1 ba · sleeps 6 · 364 ft

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

    Revenue $29,380ADR $291Occ ≈ 28%4.5★ (54)

    AirbnbVrboBooking

  • Designer Cabin + Hot Tub + Fenced Yard

    Cabin · 2 bd · 2 ba · sleeps 6 · 381 ft

    Revenue $4,059ADR $189Occ ≈ 6%3.4★ (6)

    Booking

  • Montana cabin #1938

    Vacation home · 2 bd · 1 ba · sleeps 6 · 381 ft

    Revenue $55,323ADR $420Occ ≈ 36%—

    Booking

  • Modern Cabin, Skiing,Lake,Snow,Big Bear Mountain

    House · 2 bd · 2 ba · sleeps 6 · 433 ft

    Revenue $19,339ADR $327Occ ≈ 16%4.8★ (31)

    AirbnbVrbo

Show 39 more
  • Big Bear Cabin • Hot Tub • Fenced Yard • 2 Baths

    Cabin · 2 bd · 2 ba · sleeps 6 · 482 ft

    Revenue $22,852ADR $291Occ ≈ 22%4.8★ (114)

    AirbnbVrbo

  • Relaxing Big Bear Cabin w/ bonus Spa & Parking

    Cabin · 2 bd · 2 ba · sleeps 5 · 486 ft

    Revenue $22,108ADR $240Occ ≈ 25%4.7★ (11)

    Airbnb

  • Big Bear Getaway w/ Deck, Yard & bonus Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 495 ft

    Revenue $20,663ADR $281Occ ≈ 20%4.8★ (4)

    Delisted

  • Home Sweet Cabin with Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 6 · 512 ft

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

    Revenue $25,497ADR $157Occ ≈ 44%4.9★ (58)

    AirbnbVrbo

  • Lucky Pine Getaway | Hot Tub • EV. Mountain Views

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.1 mi

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

    Revenue $4,219ADR $176Occ ≈ 7%5★ (4)

    AirbnbVrbo

  • Cozy Family Cabin Getaway BBL

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

    Revenue $27,224ADR $287Occ ≈ 26%4.5★ (4)

    AirbnbBooking

  • Kozy Barn~w/ BBQ, Spa, EV.

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

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

    Revenue $28,942ADR $239Occ ≈ 33%4.9★ (74)

    Airbnb

  • Cozy 2 bedroom, Smart TV, BBQ

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

    Revenue $22,034ADR $237Occ ≈ 25%4.8★ (43)

    AirbnbBooking

  • Big Bear Cabin w/ Hot Tub, AC, Firepit, & Foosball

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $21,940ADR $223Occ ≈ 27%3.8★ (4)

    AirbnbVrboBooking

  • ѦBig Bear Cabin, Heated Bath Flrs, Rain-shower

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

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

    Revenue $15,468ADR $137Occ ≈ 31%4.8★ (127)

    AirbnbVrbo

  • Cozy cabin! Hot tub & EV, Family-Friendly, Dogs OK

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $35,263ADR $212Occ ≈ 46%5★ (269)

    Airbnb

  • Black Gold Cabin: sustainable, intentional retreat

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

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

    Revenue $17,395ADR $273Occ ≈ 17%5★ (231)

    Airbnb

  • Affordable Cabin 2 Bdrms Central Air Conditioning

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

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

    Revenue $26,273ADR $171Occ ≈ 42%5★ (103)

    Airbnb

  • 2 Bedroom, Hot Tub, Fireplace, BBQ, Fenced Yard

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

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

    Revenue $20,222ADR $214Occ ≈ 26%4.2★ (8)

    AirbnbBooking

  • Cozy Cabin-2 Bedroom+Loft/2 Bath Wonderful Cabin in Big Bear City CA

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

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $9,011ADR $243Occ ≈ 10%4.9★ (82)

    Vrbo

  • 🍷Wine& ⚓️Nautical 🛌Spa🧖‍♀️Sauna🔥Theatre📽📚Pool 🎱BBQ🍔

    House · 2 bd · 1.5 ba · sleeps 7 · 0.2 mi

    Revenue $39,481ADR $695Occ ≈ 16%5★ (4)

    AirbnbVrbo

  • Cozy Cabin in Big Bear - Perfectly Crisp Getaway!

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

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

    Revenue $37,842ADR $219Occ ≈ 47%5★ (145)

    Airbnb

  • Cozy 2-Story 2BR Retreat with Gold Mountain Views

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

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

    Revenue $11,177ADR $206Occ ≈ 15%5★ (1)

    Airbnb

  • The One & Only: Cozy Rozy /\Frame Cabin!

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $38,356ADR $203Occ ≈ 52%5★ (320)

    AirbnbVrbo

  • Chief Bear Den

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

    Revenue $13,598ADR $263Occ ≈ 14%4.6★ (23)

    Delisted

  • Cozy Cabin-Fun for the Family: King & 2 Queen Beds

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

    Revenue $21,284ADR $207Occ ≈ 28%4.8★ (69)

    Airbnb

  • Atomic A-Frame | Near Slopes, Ski, Lake & Fire Pit

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

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $10,209ADR $351Occ ≈ 8%5★ (71)

    AirbnbBooking

  • Maverick's Cabin - HotTub, GameRm, Firepit, fenced

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

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

    Revenue $15,349ADR $210Occ ≈ 20%4.7★ (13)

    AirbnbVrboBooking

  • Turquoise Bear ft AC, SPA, Pet Friendly & Fenced

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

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

    Revenue $25,560ADR $243Occ ≈ 29%5★ (29)

    AirbnbVrbo

  • Jade Bear Retreat

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $4,085ADR $243Occ ≈ 5%3.9★ (3)

    Booking

  • Bernhardt Brown Bungalow at Big Bear | Cozy Cabin|

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace

    Revenue $8,673ADR $171Occ ≈ 14%4.8★ (4)

    AirbnbVrboBooking

  • Bear Pause Retreat - Great Location in Big Bear

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $3,492ADR $278Occ ≈ 3%5★ (6)

    AirbnbBooking

  • Bear Pause Retreat • Great Location in Big Bear

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $3,508ADR $210Occ ≈ 5%5★ (15)

    Delisted

  • Mountain Escape w/ Fireplace, BBQ, & Fenced Yard

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

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

    Revenue $12,964ADR $263Occ ≈ 14%5★ (11)

    AirbnbVrboBooking

  • The Coziest of Cabins in Big Bear

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $35,685ADR $134Occ ≈ 73%5★ (158)

    Airbnb

  • Blue Bear Cottage-Hiking, pet friendly with spa!

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.3 mi

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

    Revenue $36,971ADR $166Occ ≈ 61%5★ (15)

    Airbnb

  • New! Cabin 2bed 2bth jacuzzi game room EVcharger

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

    Revenue $32,926ADR $318Occ ≈ 28%5★ (55)

    Delisted

  • Turquoise Bear with SPA

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

    Revenue $31,097ADR $367Occ ≈ 23%—

    Booking

  • 2 Mi to Big Bear Lake! Quiet Cabin w/ Yard & Grill

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

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

    Revenue $5,778ADR $177Occ ≈ 9%4.5★ (9)

    AirbnbVrboBooking

  • East of Paradise

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

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

    Revenue $8,236ADR $257Occ ≈ 9%4.8★ (12)

    AirbnbVrbo

  • Bernhardt Brown Bungalow #2583

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $11,919ADR $211Occ ≈ 15%—

    Booking

  • Big Bear Quonset Lodge-Dog Friendly

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

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

    Revenue $9,967ADR $187Occ ≈ 15%5★ (335)

    Airbnb

  • 2 Mi to Big Bear Lake: Cabin w/ Game Room

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi

    Revenue $36,386ADR $311Occ ≈ 32%4.6★ (22)

    Airbnb

  • "Grin & Bear It" Cozy Cabin 2BR/1.5BA

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.4 mi

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

    Revenue $16,741ADR $173Occ ≈ 27%4.8★ (83)

    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
Term

Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium

Est. revenue

$21,496

NOI

$6,616

Cash flow /mo

-$1,046

Cash needed

$99,955

Cash-on-cash

-12.6%

ROE (yr 1)

-2.1%

Cap rate

2.3%

DSCR

0.35

Year-1 write-off

$107,025

Year-1 tax shield @ 32%

$34,248

Year-1 return on equity

  • Cash flow (annual)-$12,557
  • Principal paydown$1,803
  • Appreciation at%$8,685
ROE-2.1%

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)$4,299
  • Platform fees (3% of revenue)$645
  • Maintenance / capex (5% of revenue)$1,075
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,619
  • Insurance (STR-rated)$1,476

Cash needed to close

  • Down payment (25%)$72,375
  • Closing costs (4.0%)$11,580
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$34,248

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

$232,000

Short-life (5/15-yr)

$91,000 · 39%

Year-1 deduction

$107,000

Year-1 tax shield @ 32%

$34,000

Land 20% (county tax record, assessed value split) · building $141,000 over 39 years · new furniture $16,000

Based on: 760 sq ft, built 1978, 2 bd / 1 ba, unfurnished, listing features (deck, fence, fireplace, stone counters).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $72,000 in year 1 (24% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$65,000
  • Kitchen cabinetsdefault

    $7,500 new × 40% good × 3.16 allocation

    $9,400
  • Kitchen countertops (stone)listing

    $7,600 new × 40% good × 3.16 allocation

    $9,600
  • Decorative trimdefault

    $1,300 new × 40% good × 3.16 allocation

    $1,700
  • Mirrorsdefault

    $200 new × 40% good × 3.16 allocation

    $200
  • Shelvingdefault

    $900 new × 40% good × 3.16 allocation

    $1,100
  • Window coverings (8)default

    $2,000 new × 40% good × 3.16 allocation

    $2,500
  • Carpet, vinyl & laminate (40% of floors)default

    $2,000 new × 40% good × 3.16 allocation

    $2,500
  • Kitchen & laundry equipment plumbingdefault

    $5,800 new × 40% good × 3.16 allocation

    $7,300
  • Kitchen, laundry & data equipment electricaldefault

    $3,500 new × 40% good × 3.16 allocation

    $4,400
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default

    $8,100 new × 40% good × 3.16 allocation

    $10,200
  • Furniture bought newlisting

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

    $16,000
15-year land improvements$41,800
  • Paving: driveway & walks (paved)default

    $5,700 new × 50% good × 3.16 allocation

    $9,000
  • Landscaping (typical)default

    $5,500 new × 50% good × 3.16 allocation

    $8,700
  • Patiosdefault

    $800 new × 50% good × 3.16 allocation

    $1,200
  • Decks & porches (attached)listing

    $8,600 new × 50% good × 3.16 allocation

    $13,500
  • Fencinglisting

    $6,000 new × 50% good × 3.16 allocation

    $9,500
Building, 39-year$140,700
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $82,000 new × 40% good × 3.16 allocation

    $103,500
  • Building plumbing & fixturesdefault

    $8,500 new × 40% good × 3.16 allocation

    $10,700
  • Building electrical & lightingdefault

    $6,900 new × 40% good × 3.16 allocation

    $8,700
  • HVACdefault

    $8,600 new × 40% good × 3.16 allocation

    $10,800
  • Hardwood & tile floorsdefault

    $2,900 new × 40% good × 3.16 allocation

    $3,700
  • Fireplacelisting

    $2,600 new × 40% good × 3.16 allocation

    $3,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$65,000$41,800$200$107,000
2$0$0$3,600$3,600
3$0$0$3,600$3,600
4$0$0$3,600$3,600
5$0$0$3,600$3,600
6+$0$0$126,100$126,100
Total$65,000$41,800$140,700$247,600

The building's share of the price ($232,000) is 3.2x our depreciated replacement cost of the home ($73,000). 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.