381 San Martin Dr
Big Bear City, CA 92314
$399,900
2 bd · 2 ba · Listed 26d ago
View on Realtor.com →Year built
1983
Sqft
—
Lot sqft
7,434
HOA / mo
None
Furnished
No
List date
2026-09-03T17:37:17.000000Z
Revenue
Annual revenue
$23,671
ADR
$195
Occupancy
33%
Cleaning fees (12 mo)
$5,686
Confidence
Low (37.25), 50 comps
Comp revenue range (p25 / median / p75)
Modern cabin with a hot tub
Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi
Revenue $44,435ADR $166Occ ≈ 73%4.8★ (269)
Maple leaf retreat #2330
Vacation home · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $7,973ADR $410Occ ≈ 5%—
Mountain Escape • Fire Pit + Near Lake Retreat
Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi
Revenue $14,831ADR $221Occ ≈ 18%5★ (76)
Pine Knot Smart Cabin - huge backyard w/ fire pit
Cabin · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $26,604ADR $141Occ ≈ 52%4.8★ (130)
Summer Cozy•AC•Hot Tub•Fire Pit•BBQ•EV•King Beds
Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $52,166ADR $346Occ ≈ 41%5★ (110)
Sunshine Haus @sunshinehaus.bigbearlake
House · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $23,542ADR $237Occ ≈ 27%5★ (214)
No Pet Fee! Hike, Hammock, Fish. Enclosed yard.
House · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $8,976ADR $248Occ ≈ 10%5★ (35)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy Mountain Escape with Fireplace Charm Cabin | 2 bd · 2 ba · sleeps 6 | $8,997 | $232 | 11% | 4.5★ (26) | 0.1 mi | AirbnbVrboBooking |
Modern cabin with a hot tub Cabin | 2 bd · 1 ba · sleeps 6 | $44,435 | $166 | 73% | 4.8★ (269) | 0.2 mi | Airbnb |
Maple leaf retreat #2330 Vacation home | 2 bd · 2 ba · sleeps 6 | $7,973 | $410 | 5% | — | 0.2 mi | Booking |
Mountain Escape • Fire Pit + Near Lake Retreat Cabin | 2 bd · 1.5 ba · sleeps 6 | $14,831 | $221 | 18% | 5★ (76) | 0.2 mi | Airbnb |
Serene Cabin Gated Yard Dogs Kids King Bed Coffee Cabin | 2 bd · 1.5 ba · sleeps 6 | $23,256 | $121 | 53% | 4.9★ (102) | 0.2 mi | AirbnbVrbo |
Floor to ceiling windows! Couples, Smart TV, Views Cabin | 2 bd · 2 ba · sleeps 4 | $14,251 | $276 | 14% | 4★ (11) | 0.2 mi | AirbnbVrbo |
Pine Knot Smart Cabin - huge backyard w/ fire pit Cabin | 2 bd · 1 ba · sleeps 6 | $26,604 | $141 | 52% | 4.8★ (130) | 0.3 mi | Airbnb |
Summer Cozy•AC•Hot Tub•Fire Pit•BBQ•EV•King Beds Cabin | 2 bd · 1 ba · sleeps 4 | $52,166 | $346 | 41% | 5★ (110) | 0.3 mi | Airbnb |
Sunshine Haus @sunshinehaus.bigbearlake House | 2 bd · 2 ba · sleeps 6 | $23,542 | $237 | 27% | 5★ (214) | 0.3 mi | Airbnb |
No Pet Fee! Hike, Hammock, Fish. Enclosed yard. House | 2 bd · 1 ba · sleeps 6 | $8,976 | $248 | 10% | 5★ (35) | 0.3 mi | Airbnb |
Show all 50 comps
Big Bear Cabin with Hot Tub!
Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi
Revenue $19,452ADR $388Occ ≈ 14%5★ (10)
Cozy-family friendly home with jacuzzi!
House · 2 bd · 2.5 ba · sleeps 6 · 0.4 mi
Revenue $3,943ADR $175Occ ≈ 6%5★ (3)
New! Bearadise ~ Fairytale Mountain Getaway
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $39,210ADR $236Occ ≈ 46%5★ (63)
Modern Mountain Cabin
Cabin · 2 bd · 1 ba · sleeps 6 · 0.4 mi
Revenue $33,540ADR $155Occ ≈ 59%4.8★ (128)
Cabin Bliss: Hot Tub, Fire Pit & Near The Village
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $5,360ADR $295Occ ≈ 5%5★ (1)
Newly remodeled: Cozy Mozy Cabin
Cabin · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $11,779ADR $465Occ ≈ 7%4.8★ (67)
The Raccoon Retreat + Firepit + Spa + BBQ
House · 2 bd · 2 ba · sleeps 7 · 0.5 mi
Revenue $25,411ADR $211Occ ≈ 33%4.4★ (17)
Private Hot Tub Retreat + Fire pit in Big Bear
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $24,427ADR $346Occ ≈ 19%4.8★ (67)
Cozy Cabin Rental with an Indoor Fireplace in Big Bear City, California
Vacation home · 2 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $44,935ADR $423Occ ≈ 29%—
Summer Cabin | Hot Tub, Fire Pit, Near Lake Stay
Cabin · 2 bd · 1 ba · sleeps 6 · 0.5 mi
Revenue $13,909ADR $315Occ ≈ 12%5★ (24)
Adorable Forest Cabin in Big Bear
House · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $10,187ADR $289Occ ≈ 10%5★ (17)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sugarloaf Charmer w/ Cozy Fireplace Cabin | 2 bd · 1 ba · sleeps 4 | $7,447 | $241 | 8% | 3★ (4) | 0.3 mi | AirbnbVrboBooking |
Aframe,Pickleball,AC,Spa,E-scooters,SUPBoards,Yard Cabin | 2 bd · 1 ba · sleeps 6 | $43,466 | $364 | 33% | 5★ (108) | 0.3 mi | AirbnbVrbo |
Super Cute/Fenced/Pet Friendly/Walk 2 Park/Sleep 6 Cabin | 2 bd · 1 ba · sleeps 6 | $4,044 | $404 | 3% | 5★ (24) | 0.3 mi | AirbnbVrboBooking |
Relaxing Bruin Chalet- Central BB Retreat Cabin Cabin | 2 bd · 1 ba · sleeps 6 | $35,183 | $344 | 28% | 4.5★ (18) | 0.3 mi | AirbnbVrboBooking |
New! Bearadise ~ Fairytale Mountain Getaway Cabin | 2 bd · 2 ba · sleeps 6 | $17,406 | $157 | 30% | 4.7★ (20) | 0.3 mi | AirbnbVrbo |
Big Bear Cabin with Hot Tub! Cabin | 2 bd · 1 ba · sleeps 6 | $19,452 | $388 | 14% | 5★ (10) | 0.4 mi | Airbnb |
Cozy-family friendly home with jacuzzi! House | 2 bd · 2.5 ba · sleeps 6 | $3,943 | $175 | 6% | 5★ (3) | 0.4 mi | Airbnb |
Redwood Elegance - 2BR/2BA/Forest Views/Deck/WiFi Cabin | 2 bd · 2 ba · sleeps 4 | $19,529 | $283 | 19% | 3.6★ (6) | 0.4 mi | AirbnbBooking |
New! Bearadise ~ Fairytale Mountain Getaway Cabin | 2 bd · 2 ba · sleeps 6 | $39,210 | $236 | 46% | 5★ (63) | 0.4 mi | Airbnb |
Elk Run Cabin Covered parking + Private Hot Tub Cabin | 2 bd · 2 ba · sleeps 6 | $24,630 | $405 | 17% | 5★ (23) | 0.4 mi | AirbnbVrbo |
Modern Mountain Cabin Cabin | 2 bd · 1 ba · sleeps 6 | $33,540 | $155 | 59% | 4.8★ (128) | 0.4 mi | Airbnb |
Misty Mountain Hideaway | Full AC Cabin | 2 bd · 1 ba · sleeps 6 | $38,137 | $179 | 58% | 4.9★ (666) | 0.4 mi | AirbnbVrbo |
Sleepy Hollow-Spa, Pets Ok, FencedDeck, Firepit Cabin | 2 bd · 1 ba · sleeps 5 | $28,543 | $254 | 31% | 4.8★ (148) | 0.4 mi | AirbnbVrbo |
Cabin Bliss: Hot Tub, Fire Pit & Near The Village Cabin | 2 bd · 2 ba · sleeps 6 | $5,360 | $295 | 5% | 5★ (1) | 0.4 mi | Airbnb |
*Serene Deck*Near Sports Park*FREE Snacks Cabin | 2 bd · 2 ba · sleeps 6 | $15,278 | $164 | 26% | 4.7★ (37) | 0.4 mi | AirbnbVrbo |
Cozy Mountain Cabin w/ Fireplace & Deck Cabin | 2 bd · 1 ba · sleeps 4 | $7,009 | $177 | 11% | 5★ (2) | 0.4 mi | AirbnbVrboBooking |
Pet friendly family cabin with game room Cabin | 2 bd · 1 ba · sleeps 4 | $56,198 | $204 | 75% | 5★ (34) | 0.4 mi | AirbnbVrbo |
Views and Dogs OK - Big Bear Treehouse House | 2 bd · 1.5 ba · sleeps 4 | $26,660 | $136 | 54% | 4.3★ (14) | 0.5 mi | AirbnbVrbo |
Newly remodeled: Cozy Mozy Cabin Cabin | 2 bd · 2 ba · sleeps 8 | $11,779 | $465 | 7% | 4.8★ (67) | 0.5 mi | Airbnb |
The Raccoon Retreat + Firepit + Spa + BBQ Cabin | 2 bd · 1.5 ba · sleeps 7 | $23,782 | $177 | 37% | 2.9★ (4) | 0.5 mi | AirbnbVrboBooking |
Big Bear 2 Bedroom Cabin w/ Hot Tub and EV Charger Cabin | 2 bd · 2 ba · sleeps 6 | $23,278 | $205 | 31% | 5★ (76) | 0.5 mi | AirbnbVrbo |
Family Mountain Cabin-Dogs Welcome-Grill-Pines Cabin | 2 bd · 1.5 ba · sleeps 6 | $12,804 | $216 | 16% | 5★ (210) | 0.5 mi | AirbnbVrbo |
The Raccoon Retreat + Firepit + Spa + BBQ House | 2 bd · 2 ba · sleeps 7 | $25,411 | $211 | 33% | 4.4★ (17) | 0.5 mi | Airbnb |
Cozy Treehouse | Hot Tub | Views & Pets OK House | 2 bd · 1.5 ba · sleeps 4 | $37,575 | $239 | 43% | 4.8★ (38) | 0.5 mi | AirbnbVrbo |
MOUNTAIN DREAM LODGE Cabin | 2 bd · 1.5 ba · sleeps 6 | $10,794 | $245 | 12% | 4.8★ (112) | 0.5 mi | AirbnbVrbo |
Mountain Dream Lodge Cabin | 2 bd · 2 ba · sleeps 6 | $706 | $353 | 1% | — | 0.5 mi | AirbnbVrboBooking |
Private Hot Tub Retreat + Fire pit in Big Bear Cabin | 2 bd · 2 ba · sleeps 6 | $24,427 | $346 | 19% | 4.8★ (67) | 0.5 mi | Airbnb |
Cozy Cabin Rental with an Indoor Fireplace in Big Bear City, California Vacation home | 2 bd · 2 ba · sleeps 8 | $44,935 | $423 | 29% | — | 0.5 mi | Booking |
Modern Mountain Cabin w/ EV Charger - Pets Welcome Cabin | 2 bd · 1 ba · sleeps 6 | $16,855 | $230 | 20% | 4.9★ (74) | 0.5 mi | AirbnbVrboBooking |
Red Door Retreat- Cozy 2 Bed 1 Bath W/ AC-Pets ok House | 2 bd · 1 ba · sleeps 6 | $17,589 | $283 | 17% | 5★ (58) | 0.5 mi | AirbnbVrbo |
Maple Hill Lodge, Cozy 2 Bedroom sleeps 4 House | 2 bd · 1 ba · sleeps 4 | $10,691 | $322 | 9% | — | 0.5 mi | AirbnbBooking |
Cozy 2 bedroom, 2 story Cabin, Sleeps 4, Wifi House | 2 bd · 1 ba · sleeps 4 | $15,119 | $376 | 11% | 5★ (25) | 0.5 mi | AirbnbBooking |
Big Bear Pine Haven Cabin: Hot Tub Games Cabin | 2 bd · 1.5 ba · sleeps 8 | $44,102 | $151 | 80% | 4.8★ (58) | 0.5 mi | AirbnbVrboBooking |
Cozy Open Layout Cabin! House | 2 bd · 2 ba · sleeps 6 | $38,313 | $198 | 53% | 4.8★ (276) | 0.5 mi | AirbnbVrbo |
Summer Cabin | Hot Tub, Fire Pit, Near Lake Stay Cabin | 2 bd · 1 ba · sleeps 6 | $13,909 | $315 | 12% | 5★ (24) | 0.5 mi | Airbnb |
Inn The Mountains House | 2 bd · 2 ba · sleeps 7 | $21,426 | $86 | 68% | 4.8★ (303) | 0.5 mi | AirbnbVrbo |
Modern Cabin w/ Hot Tub 5 Mi to Big Bear Lake! Cabin | 2 bd · 2 ba · sleeps 4 | $24,380 | $243 | 27% | 4.8★ (26) | 0.5 mi | AirbnbVrboBooking |
Sweet Cabin Gateway | Cozy Big Bear Retreat Minute Cabin | 2 bd · 1.5 ba · sleeps 6 | $7,979 | $441 | 5% | 4.8★ (5) | 0.5 mi | AirbnbVrbo |
Adorable Forest Cabin in Big Bear House | 2 bd · 2 ba · sleeps 6 | $10,187 | $289 | 10% | 5★ (17) | 0.5 mi | Airbnb |
Hot Tub + Fire Pit | 2 Full Baths | Near Ski+Lake Cabin | 2 bd · 2 ba · sleeps 5 | $54,104 | $231 | 64% | 4.8★ (255) | 0.5 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 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$23,671
NOI
$6,405
Cash flow /mo
-$1,621
Cash needed
$131,971
Cash-on-cash
-14.7%
ROE (yr 1)
-3.7%
Cap rate
1.6%
DSCR
0.25
Year-1 write-off
$116,834
Year-1 tax shield @ 32%
$37,387
Year-1 return on equity
- Cash flow (annual)-$19,454
- Principal paydown$2,617
- Appreciation at%$11,997
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$4,734
- Platform fees (3% of revenue)$710
- Maintenance / capex (5% of revenue)$1,184
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,999
- Insurance (STR-rated)$2,039
Cash needed to close
- Down payment (25%)$99,975
- Closing costs (4.0%)$15,996
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$37,387
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
$320,000
Short-life (5/15-yr)
$100,000 · 31%
Year-1 deduction
$117,000
Year-1 tax shield @ 32%
$37,000
Land 20% (county tax record, assessed value split) · building $220,000 over 39 years · new furniture $16,000
Based on: ~1,400 sq ft (from beds), built 1983, 2 bd / 2 ba, unfurnished, listing features (deck, fence, fireplace).
IRS-guide safe-harbor floor: $75,000 in year 1 (18% short-life, $24,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,400
Kitchen cabinetsdefault
$8,900 new × 40% good × 2.66 allocation
- $7,700
Kitchen countertopsdefault
$7,300 new × 40% good × 2.66 allocation
- $2,600
Decorative trimdefault
$2,500 new × 40% good × 2.66 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.66 allocation
- $1,000
Shelvingdefault
$900 new × 40% good × 2.66 allocation
- $3,700
Window coverings (14)default
$3,500 new × 40% good × 2.66 allocation
- $3,800
Carpet, vinyl & laminate (40% of floors)default
$3,600 new × 40% good × 2.66 allocation
- $7,400
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 2.66 allocation
- $4,400
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.66 allocation
- $8,600
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.66 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $10,300
Paving: driveway & walks (paved)default
$7,800 new × 50% good × 2.66 allocation
- $9,900
Landscaping (typical)default
$7,500 new × 50% good × 2.66 allocation
- $1,800
Patiosdefault
$1,400 new × 50% good × 2.66 allocation
- $21,000
Decks & porches (attached)listing
$15,800 new × 50% good × 2.66 allocation
- $8,000
Fencinglisting
$6,000 new × 50% good × 2.66 allocation
- $161,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$151,800 new × 40% good × 2.66 allocation
- $16,700
Building plumbing & fixturesdefault
$15,700 new × 40% good × 2.66 allocation
- $16,000
Building electrical & lightingdefault
$15,000 new × 40% good × 2.66 allocation
- $16,800
HVACdefault
$15,800 new × 40% good × 2.66 allocation
- $5,800
Hardwood & tile floorsdefault
$5,400 new × 40% good × 2.66 allocation
- $2,800
Fireplacelisting
$2,600 new × 40% good × 2.66 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,100 | $51,100 | $700 | $116,800 |
| 2 | $0 | $0 | $5,600 | $5,600 |
| 3 | $0 | $0 | $5,600 | $5,600 |
| 4 | $0 | $0 | $5,600 | $5,600 |
| 5 | $0 | $0 | $5,600 | $5,600 |
| 6+ | $0 | $0 | $196,500 | $196,500 |
| Total | $65,100 | $51,100 | $219,800 | $335,900 |
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.