40153 Lakeview Dr
Big Bear Lake, CA 92315
$899,000
4 bd · 3 ba · Listed 22d ago
View on Realtor.com →Year built
1962
Sqft
—
Lot sqft
14,130
HOA / mo
None
Furnished
Yes
List date
2026-09-07T17:05:29.000000Z
Revenue
Annual revenue
$58,857
ADR
$449
Occupancy
36%
Cleaning fees (12 mo)
$9,724
Confidence
Low (40.15), 48 comps
Comp revenue range (p25 / median / p75)
Waters Edge #2533
Vacation home · 4 bd · 4 ba · sleeps 16 · 299 ft
Revenue $60,401ADR $1,638Occ ≈ 10%—
New on Market. Escape to Waters Edge: Your Dream Lakefront Getaway!
House · 4 bd · 3.5 ba · sleeps 16 · 305 ft
Revenue $60,249ADR $1,354Occ ≈ 12%5★ (2)
Gray Wolf Lodge Lake Hot Tub
Vacation home · 4 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $57,914ADR $308Occ ≈ 52%2.9★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Lakefront Pines w/ Hot Tub, w/ Panoramic Views House | 4 bd · 3 ba · sleeps 13 | $52,955 | $464 | 31% | 5★ (18) | 240 ft | AirbnbVrboBooking |
Waters Edge #2533 Vacation home | 4 bd · 4 ba · sleeps 16 | $60,401 | $1,638 | 10% | — | 299 ft | Booking |
New on Market. Escape to Waters Edge: Your Dream Lakefront Getaway! House | 4 bd · 3.5 ba · sleeps 16 | $60,249 | $1,354 | 12% | 5★ (2) | 305 ft | Vrbo |
Walk to Lake, Sand Volleyball+Pool Table | Gambler Cabin | 4 bd · 3 ba · sleeps 10 | $71,283 | $504 | 39% | 4.8★ (32) | 482 ft | AirbnbVrboBooking |
Lakefront w/ Dock, Hot Tub, Swingset, & Deck Views Cabin | 4 bd · 3 ba · sleeps 13 | $105,085 | $786 | 37% | 4.8★ (98) | 522 ft | AirbnbVrboBooking |
Gray Wolf Lodge — Sauna, Spa & Lakefront Access Cabin | 4 bd · 2 ba · sleeps 6 | $69,879 | $342 | 56% | 4.5★ (153) | 0.1 mi | AirbnbVrbo |
4BR Lakeview Cabin | Hot Tub • Firepit • Game Room Cabin | 4 bd · 3 ba · sleeps 13 | $126,350 | $652 | 53% | 4.9★ (79) | 0.1 mi | AirbnbVrbo |
Gray Wolf Lodge Lake Hot Tub Vacation home | 4 bd · 2 ba · sleeps 6 | $57,914 | $308 | 52% | 2.9★ (3) | 0.1 mi | Booking |
Lakeview Lookout: Pool & Poker Table! Hot Tub! House | 4 bd · 2.5 ba · sleeps 13 | $81,679 | $626 | 36% | 4.8★ (91) | 0.1 mi | AirbnbVrbo |
Across from Lake! EV charger/Jacuzzi/ Pool table! House | 4 bd · 3 ba · sleeps 10 | $63,900 | $597 | 29% | 5★ (242) | 0.1 mi | AirbnbVrbo |
Show all 48 comps
Ultra Hideaway - Near Lake ,Village and Trails
Cabin · 4 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $21,647ADR $446Occ ≈ 13%4.8★ (56)
Brunos Bungalow
Vacation home · 4 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $25,471ADR $374Occ ≈ 19%5★ (4)
4 Bed, 2 Bath - Walking distance to Lake, Backyard Firepit & Great for Families
Cabin · 4 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $19,150ADR $307Occ ≈ 17%4.9★ (68)
Hot Tub + Game Room + Walk to Village
House · 4 bd · 2 ba · sleeps 9 · 0.3 mi
Revenue $24,472ADR $476Occ ≈ 14%5★ (6)
Luxury Mountain View 4B3B Cabin Near Lake and Town
Cabin · 4 bd · 3 ba · sleeps 7 · 0.3 mi
Revenue $20,944ADR $441Occ ≈ 13%4.8★ (89)
Luxury Lakeview Cabin w/ Deck, Fireplace & Views
Vacation home · 4 bd · 2 ba · sleeps 12 · 0.3 mi
Revenue $8,415ADR $495Occ ≈ 5%—
BEAUTIFUL LAKE VIEW, 5min walk to Village!
Cabin · 4 bd · 2.5 ba · sleeps 10 · 0.4 mi
Revenue $51,139ADR $457Occ ≈ 31%4.9★ (174)
Hearthmoon Haven
Vacation home · 4 bd · 2 ba · sleeps 5 · 0.4 mi
Revenue $31,052ADR $414Occ ≈ 21%—
Lakefront Village Castle- Foosball- Boat Dock-
Chalet · 4 bd · 3 ba · sleeps 12 · 0.4 mi
Revenue $76,271ADR $832Occ ≈ 25%5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy cabin w/ hot tub, backyard & BBQ grill Cabin | 4 bd · 3 ba · sleeps 10 | $19,044 | $618 | 8% | 5★ (244) | 0.1 mi | AirbnbVrbo |
Lakeview Big Bear Cabin | Hot Tub, Firepit & Deck Cabin | 4 bd · 3 ba · sleeps 10 | $51,838 | $520 | 27% | 4.7★ (51) | 0.2 mi | AirbnbVrboBooking |
Private Dock Lux Lakefront Escape, Firepit & AC Cabin | 4 bd · 2 ba · sleeps 8 | $119,969 | $858 | 38% | 5★ (32) | 0.2 mi | AirbnbVrboBooking |
Private Dock! HotTub! PoolTable! Foosball! Pet OK! House | 4 bd · 3 ba · sleeps 11 | $117,981 | $816 | 40% | 4.6★ (49) | 0.2 mi | AirbnbVrbo |
1 Mi to Lake: Home w/ Hot Tub & Gazebo in Big Bear House | 4 bd · 3 ba · sleeps 12 | $57,945 | $467 | 34% | 4.5★ (61) | 0.2 mi | AirbnbVrboBooking |
Lakefront w/Boat Dock, Walk to Village, Sleeps 10 Cabin | 4 bd · 3 ba · sleeps 10 | $38,834 | $0 | — | 4.8★ (30) | 0.2 mi | AirbnbVrboBooking |
Big Bear Hideout Retreat+Game Room+Near Village Cabin | 4 bd · 2.5 ba · sleeps 13 | $14,123 | $501 | 8% | 5★ (2) | 0.2 mi | AirbnbVrbo |
Ultra Hideaway - Near Lake ,Village and Trails Cabin | 4 bd · 2 ba · sleeps 7 | $21,647 | $446 | 13% | 4.8★ (56) | 0.2 mi | Airbnb |
Walk to Village & Lake | Game Room, BBQ Chalet | 4 bd · 3 ba · sleeps 10 | $18,670 | $495 | 10% | 4.6★ (14) | 0.2 mi | AirbnbVrboBooking |
Cozy Lakeview Retreat • GameRoom • Walk to Village Cabin | 4 bd · 3 ba · sleeps 10 | $31,968 | $636 | 14% | 5★ (4) | 0.2 mi | AirbnbVrbo |
Bruno's Chic Bungalow, Walk 2 Village & Lake Cabin | 4 bd · 2 ba · sleeps 7 | $24,093 | $324 | 20% | 5★ (54) | 0.2 mi | AirbnbVrbo |
Hot Tub & Pool Table. Peekaboo Lake View! CUTE! NE Cabin | 4 bd · 4 ba · sleeps 11 | $82,374 | $599 | 38% | 4.9★ (154) | 0.2 mi | AirbnbVrboBooking |
Brunos Bungalow Vacation home | 4 bd · 2 ba · sleeps 7 | $25,471 | $374 | 19% | 5★ (4) | 0.2 mi | Booking |
Cozy Big Bear Hideout Retreat + Game Room Cabin | 4 bd · 2.5 ba · sleeps 13 | $70,600 | $595 | 33% | 4.8★ (79) | 0.2 mi | AirbnbVrbo |
4 Bed, 2 Bath - Walking distance to Lake, Backyard Firepit & Great for Families Cabin | 4 bd · 2 ba · sleeps 7 | $19,150 | $307 | 17% | 4.9★ (68) | 0.2 mi | Vrbo |
**LOCATION!!** Lake View, Hot Tub & Game Room Vacation home | 4 bd · 2 ba · sleeps 9 | $72,930 | $538 | 37% | 5★ (171) | 0.2 mi | AirbnbVrboBooking |
Lakeview Inn: Pool Table! Foosball! Shuffleboard! House | 4 bd · 2 ba · sleeps 8 | $71,815 | $525 | 37% | 4.5★ (73) | 0.3 mi | AirbnbVrbo |
CozyCabin near LAKE/Village: AC Hottub BBQ Firepit Cabin | 4 bd · 2 ba · sleeps 6 | $4,620 | $355 | 4% | 5★ (35) | 0.3 mi | AirbnbVrbo |
Hot Tub + Game Room + Walk to Village House | 4 bd · 2 ba · sleeps 9 | $24,472 | $476 | 14% | 5★ (6) | 0.3 mi | Airbnb |
Harmony Pines • Spa • Game Garage House | 4 bd · 3 ba · sleeps 8 | $57,623 | $400 | 39% | 4.9★ (72) | 0.3 mi | AirbnbVrbo |
Luxury Mountain View 4B3B Cabin Near Lake and Town Cabin | 4 bd · 3 ba · sleeps 7 | $20,944 | $441 | 13% | 4.8★ (89) | 0.3 mi | Airbnb |
Luxury Lakeview Cabin w/ Deck, Fireplace & Views Vacation home | 4 bd · 2 ba · sleeps 12 | $8,415 | $495 | 5% | — | 0.3 mi | Booking |
4BR Home, Hot Tub, Sleeps 10, Dogs OK, EV Charger House | 4 bd · 3 ba · sleeps 10 | $39,201 | $525 | 20% | 4.8★ (94) | 0.3 mi | AirbnbVrbo |
Stone Arch Cabin Big Bear with Hot Tub & Game Room Cabin | 4 bd · 3 ba · sleeps 12 | $34,005 | $481 | 19% | 4.9★ (166) | 0.3 mi | AirbnbVrboBooking |
Lake House Charm Close to Village W/Spacious Deck House | 4 bd · 2 ba · sleeps 10 | $23,320 | $279 | 23% | 4.7★ (195) | 0.3 mi | AirbnbVrbo |
Great 4 bedroom close to lake-village- ski summit! House | 4 bd · 2.5 ba · sleeps 14 | $16,751 | $719 | 6% | 5★ (75) | 0.3 mi | AirbnbVrbo |
Luxury Lakeview Cabin w/ Deck, Fireplace & Views Cabin | 4 bd · 2 ba · sleeps 12 | $23,787 | $437 | 15% | 5★ (10) | 0.3 mi | AirbnbVrbo |
BEAUTIFUL LAKE VIEW, 5min walk to Village! Cabin | 4 bd · 2.5 ba · sleeps 10 | $51,139 | $457 | 31% | 4.9★ (174) | 0.4 mi | Vrbo |
Near the Village and Lake! Hot Tub, Foosball, BBQ House | 4 bd · 2 ba · sleeps 5 | $66,217 | $488 | 37% | 3.9★ (13) | 0.4 mi | AirbnbVrboBooking |
Hearthmoon Haven Vacation home | 4 bd · 2 ba · sleeps 5 | $31,052 | $414 | 21% | — | 0.4 mi | Booking |
Bear Den, Sleeps 8, Walk to Village & Alpine Slide House | 4 bd · 2.5 ba · sleeps 8 | $33,906 | $367 | 25% | 5★ (30) | 0.4 mi | AirbnbVrbo |
Goldmine Lakeview: Mtn Views! Pool Table! Hot Tub! House | 4 bd · 3 ba · sleeps 16 | $75,485 | $754 | 27% | 4.7★ (86) | 0.4 mi | AirbnbVrbo |
Lakefront Village Castle- Foosball- Boat Dock- Chalet | 4 bd · 3 ba · sleeps 12 | $76,271 | $832 | 25% | 5★ (2) | 0.4 mi | Booking |
Wild Heart Retreat, Hot Tub, Game Room & EV House | 4 bd · 2 ba · sleeps 8 | $53,586 | $361 | 41% | 4.8★ (32) | 0.5 mi | AirbnbVrboBooking |
Hot Tub Cabin | Pool Table, Arcade, Deck Cabin | 4 bd · 3 ba · sleeps 10 | $56,495 | $594 | 26% | 4.7★ (27) | 0.5 mi | AirbnbVrboBooking |
FamilyCabin MovieRoom GameRoom Spa FencedProperty Cabin | 4 bd · 2.5 ba · sleeps 8 | $49,640 | $464 | 29% | 4.8★ (110) | 0.5 mi | AirbnbVrbo |
Beautiful Lake-View House: Walk to Lake + Village! House | 4 bd · 2.5 ba · sleeps 8 | $59,182 | $408 | 40% | 4.7★ (26) | 0.5 mi | AirbnbVrboBooking |
Safari lodge Cabin Cabin | 4 bd · 3 ba · sleeps 12 | $3,300 | $825 | 1% | 3.8★ (15) | 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
$58,857
NOI
$23,703
Cash flow /mo
-$2,869
Cash needed
$260,710
Cash-on-cash
-13.2%
ROE (yr 1)
-0.6%
Cap rate
2.6%
DSCR
0.41
Year-1 write-off
$205,802
Year-1 tax shield @ 32%
$65,857
Year-1 return on equity
- Cash flow (annual)-$34,430
- Principal paydown$5,883
- Appreciation at%$26,970
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$11,771
- Platform fees (3% of revenue)$1,766
- Maintenance / capex (5% of revenue)$2,943
- Utilities & supplies$4,200
- HOA$0
- Property tax$11,238
- Insurance (STR-rated)$4,585
Cash needed to close
- Down payment (25%)$224,750
- Closing costs (4.0%)$35,960
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$65,857
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
$722,000
Short-life (5/15-yr)
$204,000 · 28%
Year-1 deduction
$206,000
Year-1 tax shield @ 32%
$66,000
Land 20% (county tax record, assessed value split) · building $517,000 over 39 years
Based on: ~2,400 sq ft (from beds), built 1962, 4 bd / 3 ba, furnished, listing features (deck, game room, fireplace, flooring types, appliance list).
IRS-guide safe-harbor floor: $117,000 in year 1 (16% short-life, $38,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,400
Kitchen cabinetsdefault
$11,100 new × 40% good × 3.70 allocation
- $13,400
Kitchen countertopsdefault
$9,000 new × 40% good × 3.70 allocation
- $6,200
Decorative trimdefault
$4,200 new × 40% good × 3.70 allocation
- $700
Mirrorsdefault
$500 new × 40% good × 3.70 allocation
- $2,200
Shelvingdefault
$1,500 new × 40% good × 3.70 allocation
- $8,900
Window coverings (24)default
$6,000 new × 40% good × 3.70 allocation
- $22,800
Carpet, vinyl & laminate (100% of floors)listing
$15,400 new × 40% good × 3.70 allocation
- $12,700
Kitchen & laundry equipment plumbingdefault
$8,600 new × 40% good × 3.70 allocation
- $7,700
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 40% good × 3.70 allocation
- $10,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, dryer)listing
$7,100 new × 40% good × 3.70 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $18,800
Paving: driveway & walks (paved)default
$10,200 new × 50% good × 3.70 allocation
- $18,100
Landscaping (typical)default
$9,800 new × 50% good × 3.70 allocation
- $4,400
Patiosdefault
$2,400 new × 50% good × 3.70 allocation
- $49,900
Decks & porches (attached)listing
$27,000 new × 50% good × 3.70 allocation
- $384,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$260,300 new × 40% good × 3.70 allocation
- $40,000
Building plumbing & fixturesdefault
$27,000 new × 40% good × 3.70 allocation
- $40,900
Building electrical & lightingdefault
$27,700 new × 40% good × 3.70 allocation
- $40,000
HVACdefault
$27,000 new × 40% good × 3.70 allocation
- $11,700
Fireplaces (3)listing
$7,900 new × 40% good × 3.70 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $113,000 | $91,100 | $1,700 | $205,800 |
| 2 | $0 | $0 | $13,300 | $13,300 |
| 3 | $0 | $0 | $13,300 | $13,300 |
| 4 | $0 | $0 | $13,300 | $13,300 |
| 5 | $0 | $0 | $13,300 | $13,300 |
| 6+ | $0 | $0 | $462,700 | $462,700 |
| Total | $113,000 | $91,100 | $517,400 | $721,500 |
The building's share of the price ($710,000) is 3.7x our depreciated replacement cost of the home ($192,000). 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.