908 Spruce Ln
Big Bear City, CA 92314
$305,000
2 bd · 1 ba · 640 sqft · Listed 30d ago
View on Realtor.com →Year built
1984
Sqft
640
Lot sqft
9,583
HOA / mo
None
Furnished
Yes
List date
2026-08-30T23:32:59Z
Revenue
Annual revenue
$19,359
ADR
$155
Occupancy
34%
Cleaning fees (12 mo)
$3,983
Confidence
Low (39.3), 41 comps
Comp revenue range (p25 / median / p75)
Rustic Cabin | Fireplace, Patios & Ski Trolley
Cabin · 2 bd · 1.5 ba · sleeps 6 · 354 ft
Revenue $9,176ADR $189Occ ≈ 13%4.9★ (13)
Pack Light! Baby & Toddler Ready | Arcade
Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi
Revenue $42,476ADR $203Occ ≈ 57%5★ (175)
Hot Tub & Firepit/Fully Fenced/Sleeps 6
Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $14,217ADR $236Occ ≈ 17%4.9★ (16)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Rustic Cabin | Fireplace, Patios & Ski Trolley Cabin | 2 bd · 1.5 ba · sleeps 6 | $9,176 | $189 | 13% | 4.9★ (13) | 354 ft | Airbnb |
Cozy Cottage Cabin | 2 bd · 1 ba · sleeps 6 | $20,896 | $178 | 32% | 5★ (93) | 482 ft | Airbnb |
Cypress Cottage House | 2 bd · 2 ba · sleeps 8 | $25,090 | $327 | 21% | 4.4★ (12) | 0.1 mi | AirbnbVrbo |
Pack Light! Baby & Toddler Ready | Arcade Cabin | 2 bd · 1.5 ba · sleeps 6 | $42,476 | $203 | 57% | 5★ (175) | 0.2 mi | Airbnb |
Elevated vibes House | 2 bd · 2 ba · sleeps 5 | $22,108 | $278 | 22% | 5★ (6) | 0.3 mi | AirbnbBooking |
AC + Large Fenced Yard w/ Swing Set + Fire Pit Cabin | 2 bd · 1 ba · sleeps 6 | $16,971 | $286 | 16% | 4.5★ (31) | 0.3 mi | AirbnbVrboBooking |
Cute & Cozy Dog Friendly 2BD 1BA w/Mountain View's Cabin | 2 bd · 1 ba · sleeps 6 | $28,427 | $152 | 51% | 4.8★ (190) | 0.3 mi | AirbnbVrbo |
Hot Tub & Firepit/Fully Fenced/Sleeps 6 Cabin | 2 bd · 1 ba · sleeps 6 | $14,217 | $236 | 17% | 4.9★ (16) | 0.3 mi | Airbnb |
LaborDayGetaway HotTub*Arcade Games & Private Yard Cabin | 2 bd · 1 ba · sleeps 6 | $27,944 | $231 | 33% | 4.9★ (189) | 0.3 mi | AirbnbVrbo |
Cozy fully fenced home, dog-friendly, no fee • 6 beds • game room House | 2 bd · 1 ba · sleeps 6 | $44,605 | $298 | 41% | 5★ (58) | 0.3 mi | AirbnbVrbo |
Show all 41 comps
Hot Tub Cozy Cabin by National Forest
House · 2 bd · 1.5 ba · sleeps 5 · 0.4 mi
Revenue $20,233ADR $177Occ ≈ 31%4.8★ (149)
Big Bear Adventure Cabin Near Snow Play & Village
Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi
Revenue $18,868ADR $164Occ ≈ 32%4.9★ (22)
Mahoga Bear Tavern
Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi
Revenue $3,760ADR $235Occ ≈ 4%4.7★ (18)
FIND TRUE SECLUSION IN OUR PEACEFUL CHALET. 5 ACRES, TRAILS, TREES & SPA
House · 2 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $2,408ADR $218Occ ≈ 3%4.3★ (18)
Sequoia Snow Cottage, New with detached game room!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $16,965ADR $209Occ ≈ 22%4.9★ (74)
BigBear Cabin w/ Hot Tub + Fire Pit, Hiking Trails
Cabin · 2 bd · 1 ba · sleeps 6 · 0.5 mi
Revenue $27,409ADR $123Occ ≈ 61%4.9★ (33)
HUEZO LODGE a cozy home away from home
House · 2 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $11,463ADR $247Occ ≈ 13%4.8★ (166)
Hibernation station Outdoor Area & Pet Friendly!
Vacation home · 2 bd · 1 ba · sleeps 8 · 0.5 mi
Revenue $3,935ADR $102Occ ≈ 11%—
Large 2BR/2BA Next to Forest with AC in rooms
Cabin · 2 bd · 2 ba · sleeps 5 · 0.7 mi
Revenue $25,133ADR $138Occ ≈ 50%4.9★ (75)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Big Bear Cabin w/ Mountain Views • Firepit House | 2 bd · 1 ba · sleeps 6 | $17,436 | $174 | 27% | 5★ (56) | 0.4 mi | AirbnbVrbo |
Moonlit Bear Hut - A Cozy Gambrel A-Frame Cabin Cabin | 2 bd · 1.5 ba · sleeps 6 | $28,660 | $195 | 40% | 4.8★ (246) | 0.4 mi | AirbnbVrbo |
Comfy Modern Big Bear Cabin House | 2 bd · 1.5 ba · sleeps 6 | $29,957 | $165 | 50% | 4.8★ (61) | 0.4 mi | AirbnbVrboBooking |
Little Cabin that is cozy in Big Bear Cabin | 2 bd · 1 ba · sleeps 5 | $14,293 | $172 | 23% | 4.9★ (33) | 0.4 mi | AirbnbVrbo |
Th3 Bears Den Cabin | 2 bd · 1 ba · sleeps 6 | $16,202 | $271 | 16% | 4.8★ (48) | 0.4 mi | AirbnbVrbo |
Cozy Big Bear Cabin w/ Fireplace, BBQ, Fenced Yard House | 2 bd · 1 ba · sleeps 6 | $10,116 | $232 | 12% | 5★ (8) | 0.4 mi | AirbnbVrboBooking |
Hot Tub Cozy Cabin by National Forest House | 2 bd · 1.5 ba · sleeps 5 | $20,233 | $177 | 31% | 4.8★ (149) | 0.4 mi | Airbnb |
Residential Serrano Pines Cabin in Big Bear! Cabin | 2 bd · 1 ba · sleeps 6 | $34,124 | $147 | 64% | 5★ (207) | 0.4 mi | AirbnbVrbo |
Big Bear Adventure Cabin Near Snow Play & Village Cabin | 2 bd · 1 ba · sleeps 6 | $18,868 | $164 | 32% | 4.9★ (22) | 0.4 mi | Airbnb |
Mahoga Bear Tavern Cabin | 2 bd · 1 ba · sleeps 6 | $3,760 | $235 | 4% | 4.7★ (18) | 0.4 mi | Airbnb |
Paws and Chill Cabin House | 2 bd · 2 ba · sleeps 6 | $15,878 | $222 | 20% | 4.8★ (151) | 0.4 mi | AirbnbVrbo |
FIND TRUE SECLUSION IN OUR PEACEFUL CHALET. 5 ACRES, TRAILS, TREES & SPA House | 2 bd · 2 ba · sleeps 10 | $2,408 | $218 | 3% | 4.3★ (18) | 0.5 mi | Vrbo |
Sequoia Snow Cottage, New with detached game room! Cabin | 2 bd · 2 ba · sleeps 6 | $16,965 | $209 | 22% | 4.9★ (74) | 0.5 mi | Airbnb |
Hibernation station + Outdoor Area & Pet Friendly! Cabin | 2 bd · 1 ba · sleeps 8 | $19,417 | $99 | 54% | 5★ (3) | 0.5 mi | AirbnbVrbo |
Zen Cottage with Garden in Big Bear Cabin | 2 bd · 1 ba · sleeps 4 | $16,251 | $149 | 30% | 4.7★ (318) | 0.5 mi | AirbnbVrboBooking |
BigBear Cabin w/ Hot Tub + Fire Pit, Hiking Trails Cabin | 2 bd · 1 ba · sleeps 6 | $27,409 | $123 | 61% | 4.9★ (33) | 0.5 mi | Airbnb |
Hikers Haven | Steps to National Forest Trails House | 2 bd · 1.5 ba · sleeps 4 | $6,825 | $290 | 6% | 4.4★ (16) | 0.5 mi | AirbnbVrboBooking |
HUEZO LODGE a cozy home away from home House | 2 bd · 2 ba · sleeps 10 | $11,463 | $247 | 13% | 4.8★ (166) | 0.5 mi | Airbnb |
Fireplace, Smart TV, Fenced Yard, BBQ Cabin | 2 bd · 1 ba · sleeps 4 | $9,114 | $206 | 12% | 4.3★ (6) | 0.5 mi | AirbnbVrboBooking |
A place to rest Cabin | 2 bd · 1 ba · sleeps 5 | $1,023 | $127 | 2% | 5★ (7) | 0.5 mi | Airbnb |
Cozy Family Cabin w/ Fenced Yard & Fireplace Cabin | 2 bd · 1.5 ba · sleeps 6 | $27,893 | $315 | 24% | 5★ (7) | 0.5 mi | AirbnbVrboBooking |
Charming Cottage in Big Bear: 9 Mi to Bear Mtn House | 2 bd · 2 ba · sleeps 6 | $8,271 | $316 | 7% | 2.5★ (2) | 0.5 mi | AirbnbVrboBooking |
Hibernation station Outdoor Area & Pet Friendly! Vacation home | 2 bd · 1 ba · sleeps 8 | $3,935 | $102 | 11% | — | 0.5 mi | Booking |
Harvest Haven Cabin | 2 bd · 2 ba · sleeps 6 | $330 | $330 | 0% | 4.8★ (21) | 0.5 mi | AirbnbVrbo |
The Big Bear Den : Cozy Cabin in the Mountains Cabin | 2 bd · 1 ba · sleeps 4 | $27,657 | $205 | 37% | 4.9★ (74) | 0.5 mi | AirbnbVrbo |
3 Bears - *NEW* Fireplace, Smart TV, Gambrel style cabin Cabin | 2 bd · 1 ba · sleeps 4 | $783 | $261 | 1% | — | 0.5 mi | VrboBooking |
Mountain Fun! Cabin w/ Yard & Fireplace House | 2 bd · 1.5 ba · sleeps 6 | $23,035 | $161 | 39% | 5★ (7) | 0.6 mi | AirbnbVrboBooking |
Fenced yard/ walking distance to dog park Cabin | 2 bd · 1.5 ba · sleeps 5 | $8,521 | $421 | 6% | 4.8★ (62) | 0.6 mi | AirbnbVrbo |
Cabin Hideaway w/ Fireplace & Deck Cabin | 2 bd · 1 ba · sleeps 6 | $11,661 | $189 | 17% | 4.8★ (11) | 0.6 mi | AirbnbVrboBooking |
Green Bear Lodge -Sauna- Hot Tub- Cabin | 2 bd · 1 ba · sleeps 6 | $28,721 | $89 | 88% | 4.8★ (59) | 0.6 mi | AirbnbVrboBooking |
Large 2BR/2BA Next to Forest with AC in rooms Cabin | 2 bd · 2 ba · sleeps 5 | $25,133 | $138 | 50% | 4.9★ (75) | 0.7 mi | 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$19,359
NOI
$4,828
Cash flow /mo
-$1,241
Cash needed
$88,450
Cash-on-cash
-16.8%
ROE (yr 1)
-4.2%
Cap rate
1.6%
DSCR
0.24
Year-1 write-off
$106,300
Year-1 tax shield @ 32%
$34,016
Year-1 return on equity
- Cash flow (annual)-$14,894
- Principal paydown$1,996
- Appreciation at%$9,150
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$3,872
- Platform fees (3% of revenue)$581
- Maintenance / capex (5% of revenue)$968
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,813
- Insurance (STR-rated)$1,556
Cash needed to close
- Down payment (25%)$76,250
- Closing costs (4.0%)$12,200
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$34,016
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
$245,000
Short-life (5/15-yr)
$106,000 · 43%
Year-1 deduction
$106,000
Year-1 tax shield @ 32%
$34,000
Land 20% (county tax record, assessed value split) · building $140,000 over 39 years
Based on: 640 sq ft, built 1984, 2 bd / 1 ba, furnished, listing features (deck, fence, fireplace, flooring types, appliance list).
IRS-guide safe-harbor floor: $69,000 in year 1 (28% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,000
Kitchen cabinetsdefault
$7,200 new × 40% good × 3.83 allocation
- $9,000
Kitchen countertopsdefault
$5,900 new × 40% good × 3.83 allocation
- $1,700
Decorative trimdefault
$1,100 new × 40% good × 3.83 allocation
- $200
Mirrorsdefault
$200 new × 40% good × 3.83 allocation
- $1,400
Shelvingdefault
$900 new × 40% good × 3.83 allocation
- $2,300
Window coverings (6)default
$1,500 new × 40% good × 3.83 allocation
- $6,300
Carpet, vinyl & laminate (100% of floors)listing
$4,100 new × 40% good × 3.83 allocation
- $8,600
Kitchen & laundry equipment plumbingdefault
$5,600 new × 40% good × 3.83 allocation
- $5,200
Kitchen, laundry & data equipment electricaldefault
$3,400 new × 40% good × 3.83 allocation
- $7,200
Appliances (range, microwave, refrigerator)listing
$4,700 new × 40% good × 3.83 allocation
- $6,400
Furniture conveyed with the sale (used)listing
$16,000 new × 40% good · out of the price
- $10,000
Paving: driveway & walks (paved)default
$5,200 new × 50% good × 3.83 allocation
- $9,700
Landscaping (typical)default
$5,000 new × 50% good × 3.83 allocation
- $1,200
Patiosdefault
$600 new × 50% good × 3.83 allocation
- $13,800
Decks & porches (attached)listing
$7,200 new × 50% good × 3.83 allocation
- $11,500
Fencinglisting
$6,000 new × 50% good × 3.83 allocation
- $105,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$68,900 new × 40% good × 3.83 allocation
- $10,900
Building plumbing & fixturesdefault
$7,100 new × 40% good × 3.83 allocation
- $8,200
Building electrical & lightingdefault
$5,400 new × 40% good × 3.83 allocation
- $11,000
HVACdefault
$7,200 new × 40% good × 3.83 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.83 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $59,400 | $46,200 | $700 | $106,300 |
| 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 | $124,700 | $124,700 |
| Total | $59,400 | $46,200 | $139,700 | $245,300 |
The building's share of the price ($239,000) is 3.8x our depreciated replacement cost of the home ($62,000). 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 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.