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668 Butte Ave

668 Butte Ave

Big Bear City, CA 92314

$435,000

2 bd · 2 ba · 1,104 sqft · Listed 1d ago

View on Realtor.com →
Rental historyLow confidence

Year built

1982

Sqft

1,104

Lot sqft

7,888

HOA / mo

None

Furnished

Yes

List date

2026-09-29T16:44:58.000000Z

Revenue

Annual revenue

$34,027

ADR

$217

Occupancy

43%

Cleaning fees (12 mo)

$6,984

Confidence

Low (39.21), 49 comps

Comp revenue range (p25 / median / p75)

$13,414$36,271$43,430
  • Moonridge Memories | King Suite, HotTub & Gameroom

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 69 ft

    Revenue $43,683ADR $289Occ ≈ 41%5★ (90)

    Airbnb

  • Woodsy Retreat ★Hot Tub ★A/C ★Near the slopes

    Cabin · 2 bd · 1 ba · sleeps 6 · 213 ft

    Revenue $55,131ADR $206Occ ≈ 73%5★ (401)

    Airbnb

  • Majestic Mountain Oasis

    Vacation home · 2 bd · 2 ba · sleeps 6 · 289 ft

    Revenue $37,845ADR $173Occ ≈ 60%3.5★ (1)

    Booking

  • Majestic Mountain SPA Oasis, BBQ & Pet Friendly

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 302 ft

    Revenue $41,890ADR $187Occ ≈ 61%4.8★ (36)

    AirbnbVrbo

  • Moonridge Cabin w/ HOT TUB blks to ski/golf/zoo

    Cabin · 2 bd · 1 ba · sleeps 4 · 318 ft

    Revenue $11,545ADR $282Occ ≈ 11%4.7★ (64)

    AirbnbVrbo

  • Pet friendly Luna Lodge.

    House · 2 bd · 1.5 ba · sleeps 6 · 404 ft

    Revenue $36,359ADR $247Occ ≈ 40%5★ (129)

    AirbnbBooking

  • Torii Alpine Home! Big Bear Lake - Hot tub & Yard!

    House · 2 bd · 2 ba · sleeps 6 · 472 ft

    Revenue $42,464ADR $338Occ ≈ 34%4.8★ (153)

    AirbnbVrbo

  • Big Bear Moonridge cabin close to Ski resorts.

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    Revenue $9,308ADR $298Occ ≈ 9%5★ (40)

    AirbnbVrbo

  • The 717 - Upper Moonridge - VERY Close to Resorts!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $43,430ADR $177Occ ≈ 67%5★ (373)

    AirbnbVrboBooking

  • Charming Ski Getaway, views, BBQ, Covered deck near Bear Mountain Ski Resort

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $3,974ADR $198Occ ≈ 5%—

    Vrbo

Show all 49 comps
  • Charming Ski Getaway, views, BBQ, Covered deck near Bear Mountain Ski Resort

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $629ADR $157Occ ≈ 1%4.7★ (33)

    Vrbo

  • Spectacular Views! * Hot Tub* Upper Moonridge

    Cabin · 2 bd · 1 ba · sleeps 3 · 0.1 mi

    Revenue $30,547ADR $257Occ ≈ 33%5★ (152)

    AirbnbVrbo

  • The Perch - Forest Views, sleeps 7, Moonridge

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

    Revenue $13,119ADR $223Occ ≈ 16%4.8★ (20)

    Airbnb

  • Luna Lodge Ski Slope with Outdoor dining\Hot tub

    Cabin · 2 bd · 1.5 ba · sleeps 7 · 0.1 mi

    Revenue $7,679ADR $243Occ ≈ 9%5★ (24)

    AirbnbBooking

  • Moonlight Ridge - 1929 by Big Bear Vacations

    Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $53,822ADR $601Occ ≈ 25%5★ (2)

    Booking

  • Cozy Moon Cabin

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi

    Revenue $37,482ADR $216Occ ≈ 48%4.7★ (128)

    AirbnbVrboBooking

  • Unique Artisan Retreat, Gorgeous Views, Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $35,306ADR $485Occ ≈ 20%5★ (49)

    Airbnb

  • Cheerful 2- bedroom 1 bath Cabin. Ready to Relax

    Cabin · 2 bd · 1 ba · sleeps 7 · 0.1 mi

    Revenue $7,979ADR $189Occ ≈ 12%4.6★ (82)

    AirbnbVrbo

  • Moonlight Inn

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $4,704ADR $0Occ ≈ —5★ (47)

    Airbnb

  • Bluebeary Cabin - Weekend Special, Spa, Dogs ok

    Chalet · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $23,047ADR $245Occ ≈ 26%4.8★ (209)

    AirbnbVrbo

  • Sheephorn Getaway-jacuzzi+firepit+mins to slopes

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $56,412ADR $231Occ ≈ 67%4.9★ (193)

    AirbnbVrbo

  • Stylish Cabin Hideaway•EVCharger•Igloo Lounge•Spa

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $32,068ADR $250Occ ≈ 35%4.9★ (41)

    AirbnbVrboBooking

  • King Bear

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $20,006ADR $210Occ ≈ 26%4.7★ (82)

    Airbnb

  • Modern Rustic 2 Bedroom Sunset Cabin with Spa

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $50,872ADR $300Occ ≈ 46%5★ (153)

    AirbnbVrbo

  • Resting Falcon Retreat / Spa, Mountain Views, Near

    House · 2 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $2,244ADR $320Occ ≈ 2%—

    AirbnbVrboBooking

  • Large Fenced Yard | Fire Pit | A/C | EV Charger |

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $40,359ADR $332Occ ≈ 33%5★ (141)

    AirbnbVrboBooking

  • Snow Haven Cabin - Moonridge

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $23,961ADR $249Occ ≈ 26%4.8★ (96)

    AirbnbVrbo

  • Lux A-Frame Slope Views, AC, Game Room & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $40,979ADR $441Occ ≈ 25%4.7★ (10)

    AirbnbVrbo

  • Charming Moonridge cabin with viewsBBQDeck

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $23,761ADR $226Occ ≈ 29%4.7★ (16)

    AirbnbVrbo

  • Serene Pines

    Vacation home · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $37,480ADR $205Occ ≈ 50%4.8★ (3)

    Booking

  • PANSIZE: Cozy Moonridge Chalet in the Wood

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $45,846ADR $160Occ ≈ 79%4.9★ (363)

    Airbnb

  • Lux Mod A-Frame w Stunning Floor to Ceiling Views!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $28,149ADR $405Occ ≈ 19%5★ (9)

    Airbnb

  • La Osita A-Frame

    Vacation home · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $54,355ADR $451Occ ≈ 33%—

    Booking

  • Your Quiet Cabin/1 Queen/2 Full/1 Bathroom/Loft

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $45,245ADR $199Occ ≈ 62%4.8★ (267)

    AirbnbVrboBooking

  • Location, location, location! Hot Tub Walk to Ski!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $24,080ADR $272Occ ≈ 24%5★ (290)

    AirbnbVrbo

  • 5-Star! Ski Run Resort Views! Close to Lake/Slopes

    Cabin · 2 bd · 1 ba · sleeps 3 · 0.2 mi

    Revenue $7,243ADR $364Occ ≈ 5%4.8★ (30)

    AirbnbVrboBooking

  • Quiet Mountain Treehouse w/ Luxury Touch with AC

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $41,662ADR $358Occ ≈ 32%5★ (24)

    AirbnbVrboBooking

  • Moonridge Villa | BBQ | Spa | Wood Fireplace

    House · 2 bd · 1.5 ba · sleeps 7 · 0.2 mi

    Revenue $36,271ADR $249Occ ≈ 40%4.8★ (44)

    AirbnbVrbo

  • *Big Bear Gambrel*Hot Tub*Game Room*Central Cabin*

    Chalet · 2 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $44,198ADR $508Occ ≈ 24%3.9★ (4)

    AirbnbVrboBooking

  • Alpine Retreat Cali Bear, near slopes, hot tub!

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $101,044ADR $907Occ ≈ 31%4.8★ (20)

    AirbnbVrbo

  • Moonridge Hideaway

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $23,281ADR $210Occ ≈ 30%4.9★ (305)

    Airbnb

  • Family Friendly Spacious Cabin in Moonridge!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $13,414ADR $208Occ ≈ 18%4.9★ (66)

    Airbnb

  • Cozy Cabin Escape for Families & Friends

    House · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $9,079ADR $234Occ ≈ 11%4.3★ (12)

    AirbnbVrboBooking

  • Moonridge Mountain Retreat with Views and Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $44,888ADR $248Occ ≈ 50%4.8★ (285)

    AirbnbVrboBooking

  • Mondbärenhaus | fun-cozy-modern-view-architectural

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $11,865ADR $177Occ ≈ 18%5★ (15)

    Airbnb

  • Hygge Frosk Breathtaking Summer Views, SPA & Deck

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.2 mi

    Revenue $37,053ADR $242Occ ≈ 42%4.9★ (59)

    AirbnbVrboBooking

  • Treehouse A-Frame | Hot Tub, Games, BBQ & Views

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $42,170ADR $402Occ ≈ 29%5★ (108)

    AirbnbVrbo

  • BearCreek- Close to Ski resort

    House · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $18,499ADR $267Occ ≈ 19%4.9★ (20)

    AirbnbVrbo

  • Pets Allowed+Projector+BBQ+A/C | Wolf Moon Lodge

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $50,517ADR $421Occ ≈ 33%5★ (162)

    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

Financing
Management

Est. revenue

$34,027

NOI

$13,296

Cash flow /mo

$1,108

Cash needed

$452,400

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.8%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$116,880

Year-1 tax shield @ 32%

$37,402

Year-1 return on equity

  • Cash flow (annual)$13,296
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$13,050
ROE5.8%

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)$6,805
  • Platform fees (3% of revenue)$1,021
  • Maintenance / capex (5% of revenue)$1,701
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$5,438
  • Insurance (STR-rated)$2,219

Cash needed to close

  • Purchase price (all cash)$435,000
  • Closing costs (4.0%)$17,400
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$37,402

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

$334,000

Short-life (5/15-yr)

$116,000 · 35%

Year-1 deduction

$117,000

Year-1 tax shield @ 32%

$37,000

Land 24% (county tax record, assessed value split) · building $218,000 over 39 years

Based on: 1,104 sq ft, built 1982, 2 bd / 2 ba, furnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $70,000 in year 1 (21% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$70,700
  • Kitchen cabinetsdefault

    $8,200 new × 40% good × 3.36 allocation

    $11,100
  • Kitchen countertops (stone)listing

    $8,400 new × 40% good × 3.36 allocation

    $11,300
  • Decorative trimdefault

    $1,900 new × 40% good × 3.36 allocation

    $2,600
  • Mirrorsdefault

    $300 new × 40% good × 3.36 allocation

    $400
  • Shelvingdefault

    $900 new × 40% good × 3.36 allocation

    $1,200
  • Window coverings (11)default

    $2,800 new × 40% good × 3.36 allocation

    $3,700
  • Carpet, vinyl & laminate (50% of floors)listing

    $3,600 new × 40% good × 3.36 allocation

    $4,800
  • Kitchen & laundry equipment plumbingdefault

    $6,400 new × 40% good × 3.36 allocation

    $8,600
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 40% good × 3.36 allocation

    $5,200
  • Appliances (range, microwave)listing

    $2,500 new × 40% good × 3.36 allocation

    $3,400
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.36 allocation

    $12,100
  • Furniture conveyed with the sale (used)listing

    $16,000 new × 40% good · out of the price

    $6,400
15-year land improvements$45,400
  • Paving: driveway & walks (paved)listing

    $6,900 new × 50% good × 3.36 allocation

    $11,600
  • Landscaping (typical)default

    $6,600 new × 50% good × 3.36 allocation

    $11,100
  • Patiosdefault

    $1,100 new × 50% good × 3.36 allocation

    $1,800
  • Decks & porches (attached)listing

    $12,400 new × 50% good × 3.36 allocation

    $20,900
Building, 39-year$217,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $119,400 new × 40% good × 3.36 allocation

    $160,700
  • Building plumbing & fixturesdefault

    $12,400 new × 40% good × 3.36 allocation

    $16,600
  • Building electrical & lightingdefault

    $11,300 new × 40% good × 3.36 allocation

    $15,200
  • HVACdefault

    $12,400 new × 40% good × 3.36 allocation

    $16,700
  • Hardwood & tile floorsdefault

    $3,600 new × 40% good × 3.36 allocation

    $4,800
  • Fireplacelisting

    $2,600 new × 40% good × 3.36 allocation

    $3,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$70,700$45,400$700$116,900
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$194,500$194,500
Total$70,700$45,400$217,500$333,700

The building's share of the price ($327,000) is 3.4x our depreciated replacement cost of the home ($97,000). 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.