170 Kern Ave

Sugarloaf, CA 92386

$395,000

5 bd · 2 ba · 1,545 sqft · Listed 11d ago

View on Realtor.com →

Year built

1968

Sqft

1,545

Lot sqft

5,001

HOA / mo

Furnished

List date

2026-09-18T21:43:25.000000Z

Revenue

Annual revenue

$30,380

ADR

$395

Occupancy

21%

Cleaning fees (12 mo)

$6,403

Confidence

Low (40.53), 24 comps

Comp revenue range (p25 / median / p75)

$16,916$25,483$38,154

Brown Bear Retreat | Forest • Trails • Adventure
House · 4 bd · 2 ba · sleeps 8 · 305 ft
Revenue $21,358ADR $466Occ ≈ 13%4.4★ (13)
Airbnb Vrbo
Sugar Bear Pines Cozy Sugarloaf Mountain Retreat
Cabin · 4 bd · 1.5 ba · sleeps 8 · 0.2 mi
Revenue $25,816ADR $554Occ ≈ 13%4.3★ (10)
Airbnb Vrbo Booking
Sugar Bear Pines Cozy Mountain Retreat
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $37,145ADR $604Occ ≈ 17%—
Booking
Fully Equipped Mountain Escape 10 Min from Town
House · 4 bd · 2.5 ba · sleeps 10 · 0.3 mi
Revenue $25,149ADR $521Occ ≈ 13%4.9★ (44)
Airbnb
* Oak & Stone Lodge * Central A/C * Game Room*Deck
Cabin · 4 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $50,008ADR $505Occ ≈ 27%5★ (115)
Airbnb
Serene Retreat | Free EV Charger | New Grill
Cottage · 4 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $52,782ADR $317Occ ≈ 46%4.7★ (44)
Airbnb
Inyo Happy Place I Game Room + Fireplace
Cabin · 4 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $21,556ADR $237Occ ≈ 25%4.7★ (30)
Airbnb Vrbo Booking
Pet Friendly lodge sleeps 4-10
House · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $29,926ADR $298Occ ≈ 28%4.8★ (48)
Airbnb
"Vista Pines" Dog Friendly w/Hot Tub & Arcades
Cabin · 4 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $49,277ADR $456Occ ≈ 30%5★ (107)
Airbnb Vrbo
Highland Oaks Retreat at Big Bear- Relaxing Sugarloaf Cottage w/ Hot Tub
Vacation home · 4 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $27,254ADR $461Occ ≈ 16%—
Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Brown Bear Retreat \| Forest • Trails • Adventure House	4 bd · 2 ba · sleeps 8	$21,358	$466	13%	4.4★ (13)	305 ft	Airbnb Vrbo
Sugar Bear Pines Cozy Sugarloaf Mountain Retreat Cabin	4 bd · 1.5 ba · sleeps 8	$25,816	$554	13%	4.3★ (10)	0.2 mi	Airbnb Vrbo Booking
Sugar Bear Pines Cozy Mountain Retreat Vacation home	4 bd · 2 ba · sleeps 8	$37,145	$604	17%	—	0.2 mi	Booking
Fully Equipped Mountain Escape 10 Min from Town House	4 bd · 2.5 ba · sleeps 10	$25,149	$521	13%	4.9★ (44)	0.3 mi	Airbnb
* Oak & Stone Lodge * Central A/C * Game Room*Deck Cabin	4 bd · 2 ba · sleeps 8	$50,008	$505	27%	5★ (115)	0.3 mi	Airbnb
Serene Retreat \| Free EV Charger \| New Grill Cottage	4 bd · 2 ba · sleeps 10	$52,782	$317	46%	4.7★ (44)	0.4 mi	Airbnb
Inyo Happy Place I Game Room + Fireplace Cabin	4 bd · 2 ba · sleeps 6	$21,556	$237	25%	4.7★ (30)	0.4 mi	Airbnb Vrbo Booking
Pet Friendly lodge sleeps 4-10 House	4 bd · 2 ba · sleeps 10	$29,926	$298	28%	4.8★ (48)	0.5 mi	Airbnb
"Vista Pines" Dog Friendly w/Hot Tub & Arcades Cabin	4 bd · 2 ba · sleeps 10	$49,277	$456	30%	5★ (107)	0.5 mi	Airbnb Vrbo
Highland Oaks Retreat at Big Bear- Relaxing Sugarloaf Cottage w/ Hot Tub Vacation home	4 bd · 2 ba · sleeps 6	$27,254	$461	16%	—	0.5 mi	Booking

Show all 24 comps

Evergreen Dreams A-Frame | Hot Tub & Pet Friendly
Cabin · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $62,217ADR $271Occ ≈ 63%4.9★ (339)
Airbnb
Timber lodge Retreat w/Game room
Cabin · 4 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $41,181ADR $329Occ ≈ 34%5★ (50)
Airbnb Vrbo Booking
Sugarloafing ~ Dog-friendly cabin with hot tub, covered porch, fireplace, grill, & W/D
Vacation home · 4 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $56,051ADR $1,168Occ ≈ 13%—
Booking
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8
House · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $10,667ADR $462Occ ≈ 6%5★ (80)
Airbnb
Maple Ridge + Hot-Tub/BBQ & Game Room!
House · 4 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $36,543ADR $406Occ ≈ 25%3.9★ (13)
Airbnb Vrbo Booking
5 Mi to Snow Summit: Cabin w/ Deck & Fireplace
Cabin · 4 bd · 3 ba · sleeps 9 · 0.7 mi
Revenue $12,662ADR $394Occ ≈ 9%4.5★ (23)
Airbnb Vrbo Booking
Luxurious Hyes in the Woods
Cabin · 4 bd · 3 ba · sleeps 9 · 0.7 mi
Revenue $17,161ADR $505Occ ≈ 9%5★ (17)
Airbnb Vrbo Booking
Fun-Filled Big Bear Retreat for Families & Friends
House · 4 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $23,136ADR $306Occ ≈ 21%4.2★ (4)
Airbnb Vrbo Booking
"Cabana Del Oso" New Villa, AC, pool tbl.
Villa · 4 bd · 3 ba · sleeps 10 · 0.7 mi
Revenue $1,942ADR $647Occ ≈ 1%—
Airbnb Vrbo
Beautiful 4 bd cabin, Hot Tub,Deck, &parking for 4
Cabin · 4 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $22,876ADR $293Occ ≈ 21%4.7★ (69)
Airbnb
Charming 4BR Retreat in Sugarloaf, CA
House · 4 bd · 3 ba · sleeps 10 · 0.7 mi
Revenue $6,504ADR $865Occ ≈ 2%—
Airbnb Vrbo Booking
Cozy Family Cabin
Cabin · 5 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $30,952ADR $508Occ ≈ 17%4.9★ (39)
Airbnb
The Upper Branch: Jacuzzi, fire pit, and Bar!
Cabin · 4 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $16,182ADR $683Occ ≈ 6%5★ (23)
Airbnb Vrbo
Cozy Bear Lodge- Modern, Clean Cabin w Private spa
House · 4 bd · 2 ba · sleeps 12 · 0.8 mi
Revenue $3,002ADR $264Occ ≈ 3%5★ (2)
Airbnb Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Evergreen Dreams A-Frame \| Hot Tub & Pet Friendly Cabin	4 bd · 2 ba · sleeps 8	$62,217	$271	63%	4.9★ (339)	0.5 mi	Airbnb
Timber lodge Retreat w/Game room Cabin	4 bd · 2 ba · sleeps 8	$41,181	$329	34%	5★ (50)	0.5 mi	Airbnb Vrbo Booking
Sugarloafing ~ Dog-friendly cabin with hot tub, covered porch, fireplace, grill, & W/D Vacation home	4 bd · 2 ba · sleeps 8	$56,051	$1,168	13%	—	0.6 mi	Booking
Skylight Chalet - 4 BR/2.5 Bath Home, Sleeps 8 House	4 bd · 2.5 ba · sleeps 10	$10,667	$462	6%	5★ (80)	0.6 mi	Airbnb
Maple Ridge + Hot-Tub/BBQ & Game Room! House	4 bd · 2.5 ba · sleeps 10	$36,543	$406	25%	3.9★ (13)	0.6 mi	Airbnb Vrbo Booking
5 Mi to Snow Summit: Cabin w/ Deck & Fireplace Cabin	4 bd · 3 ba · sleeps 9	$12,662	$394	9%	4.5★ (23)	0.7 mi	Airbnb Vrbo Booking
Luxurious Hyes in the Woods Cabin	4 bd · 3 ba · sleeps 9	$17,161	$505	9%	5★ (17)	0.7 mi	Airbnb Vrbo Booking
Fun-Filled Big Bear Retreat for Families & Friends House	4 bd · 2 ba · sleeps 10	$23,136	$306	21%	4.2★ (4)	0.7 mi	Airbnb Vrbo Booking
"Cabana Del Oso" New Villa, AC, pool tbl. Villa	4 bd · 3 ba · sleeps 10	$1,942	$647	1%	—	0.7 mi	Airbnb Vrbo
Beautiful 4 bd cabin, Hot Tub,Deck, &parking for 4 Cabin	4 bd · 2 ba · sleeps 10	$22,876	$293	21%	4.7★ (69)	0.7 mi	Airbnb
Charming 4BR Retreat in Sugarloaf, CA House	4 bd · 3 ba · sleeps 10	$6,504	$865	2%	—	0.7 mi	Airbnb Vrbo Booking
Cozy Family Cabin Cabin	5 bd · 2 ba · sleeps 8	$30,952	$508	17%	4.9★ (39)	0.7 mi	Airbnb
The Upper Branch: Jacuzzi, fire pit, and Bar! Cabin	4 bd · 2 ba · sleeps 10	$16,182	$683	6%	5★ (23)	0.7 mi	Airbnb Vrbo
Cozy Bear Lodge- Modern, Clean Cabin w Private spa House	4 bd · 2 ba · sleeps 12	$3,002	$264	3%	5★ (2)	0.8 mi	Airbnb Booking

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

Purchase priceAlready furnishedTax bracket

Est. revenue

$30,380

NOI

$11,314

Cash flow /mo

$943

Cash needed

$437,300

Cash-on-cash (all cash)

2.6%

ROE (yr 1)

5.3%

Cap rate

2.9%

DSCR

—

Year-1 write-off

$61,239

Year-1 tax shield @ 32%

$19,596

Year-1 return on equity

Cash flow (annual)$11,314
Principal paydown (n/a, cash)$0
Appreciation at%$11,850

ROE5.3%

ROE incl. year-1 tax savings (32% bracket, STR loophole)9.8%

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

Management (20% of revenue)$6,076
Platform fees (3% of revenue)$911
Maintenance / capex (5% of revenue)$1,519
Utilities & supplies$4,200
HOA$0
Property tax$4,938
Insurance (STR-rated)$2,015

Cash needed to close

Purchase price (all cash)$395,000
Closing costs (4.0%)$15,800
Furnishing (bought new)$26,500

Tax savings if the STR loophole applies

Tax shield @ 32%$19,596

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

$117,000

Short-life (5/15-yr)

$34,000 · 29%

Year-1 deduction

$61,000

Year-1 tax shield @ 32%

$20,000

Land 70% (county tax record, assessed value split) · building $83,000 over 39 years · new furniture $27,000

Based on: 1,545 sq ft, built 1968, 5 bd / 2 ba, unfurnished, listing features (deck, fence, flooring types, appliance list).

IRS-guide safe-harbor floor: $45,000 in year 1 (16% short-life, $14,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$42,000

Kitchen cabinetsdefault
$9,200 new × 40% good × 0.93 allocation
$3,400
Kitchen countertopsdefault
$7,500 new × 40% good × 0.93 allocation
$2,800
Decorative trimdefault
$2,700 new × 40% good × 0.93 allocation
$1,000
Mirrorsdefault
$300 new × 40% good × 0.93 allocation
$100
Shelvingdefault
$1,800 new × 40% good × 0.93 allocation
$700
Window coverings (15)default
$3,800 new × 40% good × 0.93 allocation
$1,400
Carpet, vinyl & laminate (50% of floors)listing
$5,000 new × 40% good × 0.93 allocation
$1,800
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 0.93 allocation
$2,700
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 0.93 allocation
$1,600
Furniture bought newlisting
$26,500 new × 100% good · bought separately
$26,500

15-year land improvements$19,000

Paving: driveway & walks (paved)listing
$8,100 new × 50% good × 0.93 allocation
$3,800
Landscaping (typical)default
$7,800 new × 50% good × 0.93 allocation
$3,600
Patiosdefault
$1,500 new × 50% good × 0.93 allocation
$700
Decks & porches (attached)listing
$17,400 new × 50% good × 0.93 allocation
$8,100
Fencinglisting
$6,000 new × 50% good × 0.93 allocation
$2,800

Building, 39-year$82,900

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$166,700 new × 40% good × 0.93 allocation
$61,900
Building plumbing & fixturesdefault
$17,400 new × 40% good × 0.93 allocation
$6,400
Building electrical & lightingdefault
$16,900 new × 40% good × 0.93 allocation
$6,300
HVACdefault
$17,400 new × 40% good × 0.93 allocation
$6,500
Hardwood & tile floorsdefault
$5,000 new × 40% good × 0.93 allocation
$1,800

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$42,000	$19,000	$300	$61,200
2	$0	$0	$2,100	$2,100
3	$0	$0	$2,100	$2,100
4	$0	$0	$2,100	$2,100
5	$0	$0	$2,100	$2,100
6+	$0	$0	$74,200	$74,200
Total	$42,000	$19,000	$82,900	$143,900

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.