518 Waynoka
Big Bear Lake, CA 92315
$549,999
3 bd · 2 ba · 1,284 sqft · Listed 1d ago
View on Realtor.com →Year built
1936
Sqft
1,284
Lot sqft
8,002
HOA / mo
$0
Furnished
No
List date
2026-11-12T17:48:56.000000Z
Revenue
Annual revenue
$37,720
ADR
$267
Occupancy
39%
Cleaning fees (12 mo)
$7,967
Confidence
Low (35.79), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $28,598
Peek-A-Boo Lake View, Dog Yard, Near Village
Cabin · 3 bd · 2 ba · sleeps 6 · 282 ft
Revenue $33,241ADR $372Occ ≈ 24%4.9★ (150)
Delisted
Attitude Adjustment
House · 3 bd · 2 ba · sleeps 8 · 315 ft
- Hot tub
- Free parking
- Pets OK
- Wifi
- +3
Revenue $42,366ADR $244Occ ≈ 48%4.8★ (83)
The Grand Holiday Cottage
Bungalow · 3 bd · 2 ba · sleeps 8 · 456 ft
Revenue $14,955ADR $397Occ ≈ 10%4.8★ (19)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Dream Catcher - Massive Deck & Hot Tub Cabin
| 3 bd · 2 ba · sleeps 8 | $34,208 | $425 | 22% | 4.7★ (3) | 131 ft | AirbnbVrboBooking |
Luxury Family Close to Lake & Village A/C Cabin
| 3 bd · 2.5 ba · sleeps 8 | $17,138 | $326 | 14% | 4.7★ (20) | 203 ft | AirbnbVrboBooking |
Peek-A-Boo Lake View, Dog Yard, Near Village Cabin | 3 bd · 2 ba · sleeps 6 | $33,241 | $372 | 24% | 4.9★ (150) | 282 ft | Delisted |
* SNOW BUNNY * Game Room - Hot Tub - Fire Pit Cabin
| 3 bd · 2 ba · sleeps 7 | $71,946 | $391 | 50% | 4.9★ (277) | 305 ft | AirbnbVrbo |
Attitude Adjustment House
| 3 bd · 2 ba · sleeps 8 | $42,366 | $244 | 48% | 4.8★ (83) | 315 ft | Airbnb |
Lakewood Timber Lodge/ Peaceful, Private & Serene House
| 3 bd · 2 ba · sleeps 6 | $54,216 | $225 | 66% | 5★ (32) | 387 ft | AirbnbVrboBooking |
Hot Tub, Grill & Fire Pit: Cabin in Big Bear Lake Cabin | 3 bd · 1.5 ba · sleeps 6 | $44,327 | $289 | 42% | 4.7★ (22) | 394 ft | AirbnbBooking |
Mi Cabaña Big Bear Lake - Comfort and Location! Cabin
| 3 bd · 2 ba · sleeps 8 | $34,409 | $386 | 24% | 4.9★ (50) | 417 ft | AirbnbVrbo |
Chateau Wonderland-0.9 mi-Village♦️walk to lake✨SPA Cabin
| 3 bd · 2 ba · sleeps 8 | $35,136 | $436 | 22% | 5★ (198) | 427 ft | AirbnbVrbo |
The Grand Holiday Cottage Bungalow | 3 bd · 2 ba · sleeps 8 | $14,955 | $397 | 10% | 4.8★ (19) | 456 ft | Delisted |
Show 26 more
High Altitude Retreat
Vacation home · 3 bd · 2 ba · sleeps 7 · 469 ft
Revenue $86,122ADR $472Occ ≈ 50%—
Home From Home in Big Bear Lake
Cabin · 3 bd · 3 ba · sleeps 6 · 509 ft
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $16,132ADR $247Occ ≈ 18%5★ (19)
Bear Hug Cabin- Arcade Game! Centrally Located!
Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +2
Revenue $30,518ADR $284Occ ≈ 29%5★ (38)
Vista de Oso + Hot-Tub + Blackstone/BBQ!
Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi
- Hot tub
- Free parking
- Pets OK
- Wifi
- +3
Revenue $4,186ADR $253Occ ≈ 5%4.5★ (2)
Big Bear's Casa Oso - Near the Lake & Ski Resorts-
Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi
- Free parking
- Wifi
- Kitchen
- Washer
- +3
Revenue $21,026ADR $323Occ ≈ 18%4.9★ (13)
Less Than 1 Mi to Big Bear Lake Cabin with Hot Tub
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $30,154ADR $264Occ ≈ 31%4★ (1)
The Dream Catcher| Modern Rustic w/ Hot Tub & EV
Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi
Revenue $26,232ADR $471Occ ≈ 15%4.8★ (15)
Delisted
La Petite château, easy walk to lake and Village
Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $16,367ADR $193Occ ≈ 23%4.8★ (77)
Delisted
Decked Out Lake House ~ Near Village and Lake
House · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $19,345ADR $479Occ ≈ 11%5★ (41)
Delisted
Pine Nest Marina Retreat at Big Bear Lake
Chalet · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $11,245ADR $278Occ ≈ 11%4★ (3)
Family Fun close to hiking trails and lake
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +4
Revenue $22,476ADR $232Occ ≈ 27%5★ (67)
Village chic chalet #2113
Vacation home · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $244ADR $0Occ ≈ ——
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
High Altitude Retreat Vacation home | 3 bd · 2 ba · sleeps 7 | $86,122 | $472 | 50% | — | 469 ft | Booking |
High Altitude Modern Retreat, Game Room & Hot Tub Cabin
| 3 bd · 2 ba · sleeps 7 | $66,239 | $351 | 52% | 5★ (49) | 482 ft | AirbnbVrbo |
Home From Home in Big Bear Lake Cabin
| 3 bd · 3 ba · sleeps 6 | $16,132 | $247 | 18% | 5★ (19) | 509 ft | Airbnb |
Cozy Cabin Full of Fun - Lake,Marina,Village,Slope Cabin
| 3 bd · 2 ba · sleeps 9 | $27,041 | $246 | 30% | 4.7★ (297) | 522 ft | AirbnbVrbo |
Happy Lake Cottage: Lake Views and Rustic Charm! House
| 3 bd · 2 ba · sleeps 6 | $50,689 | $253 | 55% | 4.6★ (141) | 0.1 mi | AirbnbVrbo |
Bear Hug Cabin- Arcade Game! Centrally Located! Cabin
| 3 bd · 2 ba · sleeps 8 | $30,518 | $284 | 29% | 5★ (38) | 0.1 mi | Airbnb |
Bearadise ~ Enchanted Dream ~ Mountain Escape Cabin
| 3 bd · 2 ba · sleeps 8 | $53,375 | $245 | 60% | 4.9★ (89) | 0.1 mi | AirbnbVrbo |
Vista de Oso + Hot-Tub + Blackstone/BBQ! Cabin
| 3 bd · 2 ba · sleeps 6 | $4,186 | $253 | 5% | 4.5★ (2) | 0.1 mi | Airbnb |
The Cubhouse | Hot Tub, Kids Slide Room + Dog Run House
| 3 bd · 2 ba · sleeps 7 | $27,020 | $297 | 25% | 5★ (23) | 0.1 mi | AirbnbVrboBooking |
Big Bear's Casa Oso - Near the Lake & Ski Resorts- Cabin
| 3 bd · 2 ba · sleeps 7 | $21,026 | $323 | 18% | 4.9★ (13) | 0.1 mi | Airbnb |
Soak, Ski & Play! Big Bear Cabin w/ Hot Tub Cabin | 3 bd · 2 ba · sleeps 9 | $1,917 | $214 | 2% | — | 0.1 mi | AirbnbBooking |
AC + Hot Tub + Pool Table + Walk to Village Cabin
| 3 bd · 3 ba · sleeps 10 | $43,545 | $540 | 22% | 4.7★ (36) | 0.1 mi | AirbnbVrboBooking |
Less Than 1 Mi to Big Bear Lake Cabin with Hot Tub Vacation home | 3 bd · 2 ba · sleeps 6 | $30,154 | $264 | 31% | 4★ (1) | 0.1 mi | Booking |
The Dream Catcher| Modern Rustic w/ Hot Tub & EV Cabin | 3 bd · 3 ba · sleeps 8 | $26,232 | $471 | 15% | 4.8★ (15) | 0.1 mi | Delisted |
Fall Escape to Big Bear | Cozy Mountain Getaway Cabin
| 3 bd · 2 ba · sleeps 7 | $30,605 | $381 | 22% | 5★ (18) | 0.1 mi | AirbnbVrboBooking |
Bear Claw Cabin - 3BR/2BA/Hot Tub/Game Room/WiFi House
| 3 bd · 2 ba · sleeps 9 | $32,405 | $714 | 12% | 4★ (16) | 0.1 mi | AirbnbVrbo |
La Petite château, easy walk to lake and Village Cabin | 3 bd · 2 ba · sleeps 6 | $16,367 | $193 | 23% | 4.8★ (77) | 0.1 mi | Delisted |
Decked Out Lake House ~ Near Village and Lake House | 3 bd · 2 ba · sleeps 8 | $19,345 | $479 | 11% | 5★ (41) | 0.2 mi | Delisted |
Pine Nest Marina Retreat at Big Bear Lake Chalet | 3 bd · 2 ba · sleeps 7 | $11,245 | $278 | 11% | 4★ (3) | 0.2 mi | Booking |
Cozy Bear Cabin- 3bed-2bath w/ Spa House
| 3 bd · 2 ba · sleeps 8 | $19,052 | $552 | 9% | 4.7★ (91) | 0.2 mi | AirbnbVrbo |
Happy Bear Cabin - Minutes to Village! Cabin
| 3 bd · 2 ba · sleeps 7 | $16,074 | $316 | 14% | 4.3★ (16) | 0.2 mi | AirbnbVrboBooking |
Family Fun close to hiking trails and lake House
| 3 bd · 2 ba · sleeps 6 | $22,476 | $232 | 27% | 5★ (67) | 0.2 mi | Airbnb |
Modern Cozy with AC, Hot Tub, Close to Downtown Cabin
| 3 bd · 3 ba · sleeps 7 | $23,489 | $351 | 18% | 5★ (98) | 0.2 mi | AirbnbVrbo |
Village chic chalet #2113 Vacation home | 3 bd · 2 ba · sleeps 7 | $244 | $0 | — | — | 0.2 mi | Booking |
Dream Street Retreat - lake, village, trails, more Cabin
| 3 bd · 2 ba · sleeps 6 | $35,069 | $192 | 50% | 4.9★ (150) | 0.2 mi | AirbnbVrbo |
Pet Friendly Boulder Bay Retreat + Hot Tub! House
| 3 bd · 1.5 ba · sleeps 6 | $1,859 | $173 | 3% | 5★ (1) | 0.2 mi | AirbnbVrbo |
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
Est. revenue
$37,720
NOI
$14,103
Cash flow /mo
$1,175
Cash needed
$591,499
Cash-on-cash (all cash)
2.4%
ROE (yr 1)
5.2%
Cap rate
2.6%
DSCR
—
Year-1 write-off
$141,244
Year-1 tax shield @ 32%
$45,198
Year-1 return on equity
- Cash flow (annual)$14,103
- Principal paydown (n/a, cash)$0
- Appreciation at%$16,500
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)$7,544
- Platform fees (3% of revenue)$1,132
- Maintenance / capex (5% of revenue)$1,886
- Utilities & supplies$4,200
- HOA$0
- Property tax$6,875
- Insurance (STR-rated)$2,805
Cash needed to close
- Purchase price (all cash)$549,999
- Closing costs (4.0%)$22,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$45,198
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
$422,000
Short-life (5/15-yr)
$121,000 · 29%
Year-1 deduction
$141,000
Year-1 tax shield @ 32%
$45,000
Land 23% (county tax record, assessed value split) · building $301,000 over 39 years · new furniture $20,000
Based on: 1,284 sq ft, built 1936, 3 bd / 2 ba, unfurnished, listing features (patio, fence, fireplace, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $108,000 in year 1 (21% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,700
Kitchen cabinetsdefault
$8,600 new × 40% good × 3.98 allocation
- $11,200
Kitchen countertopsdefault
$7,000 new × 40% good × 3.98 allocation
- $3,600
Decorative trimdefault
$2,200 new × 40% good × 3.98 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 3.98 allocation
- $1,900
Shelvingdefault
$1,200 new × 40% good × 3.98 allocation
- $5,200
Window coverings (13)default
$3,300 new × 40% good × 3.98 allocation
- $5,300
Carpet, vinyl & laminate (40% of floors)default
$3,300 new × 40% good × 3.98 allocation
- $10,700
Kitchen & laundry equipment plumbingdefault
$6,700 new × 40% good × 3.98 allocation
- $6,500
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 40% good × 3.98 allocation
- $8,000
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 3.98 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $14,800
Paving: driveway & walks (paved)default
$7,400 new × 50% good × 3.98 allocation
- $14,200
Landscaping (typical)default
$7,100 new × 50% good × 3.98 allocation
- $11,500
Patioslisting
$5,800 new × 50% good × 3.98 allocation
- $2,500
Decks & porches (attached)default
$1,300 new × 50% good × 3.98 allocation
- $11,900
Fencinglisting
$6,000 new × 50% good × 3.98 allocation
- $221,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$138,800 new × 40% good × 3.98 allocation
- $22,900
Building plumbing & fixturesdefault
$14,400 new × 40% good × 3.98 allocation
- $21,600
Building electrical & lightingdefault
$13,500 new × 40% good × 3.98 allocation
- $23,000
HVACdefault
$14,500 new × 40% good × 3.98 allocation
- $7,900
Hardwood & tile floorsdefault
$5,000 new × 40% good × 3.98 allocation
- $4,200
Fireplacelisting
$2,600 new × 40% good × 3.98 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $85,900 | $55,000 | $300 | $141,200 |
| 2 | $0 | $0 | $7,700 | $7,700 |
| 3 | $0 | $0 | $7,700 | $7,700 |
| 4 | $0 | $0 | $7,700 | $7,700 |
| 5 | $0 | $0 | $7,700 | $7,700 |
| 6+ | $0 | $0 | $269,500 | $269,500 |
| Total | $85,900 | $55,000 | $300,700 | $441,600 |
The building's share of the price ($422,000) is 4.0x our depreciated replacement cost of the home ($106,000). 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.