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42934 Fairy Ave

42934 Fairy Ave

Big Bear Lake, CA 92315

$450,000

2 bd · 2 ba · 1,184 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

1980

Sqft

1,184

Lot sqft

2,500

HOA / mo

$0

Furnished

Yes

List date

2026-10-15T18:58:59.000000Z

Revenue

Annual revenue

$23,688

ADR

$208

Occupancy

31%

Cleaning fees (12 mo)

$5,054

Confidence

Low (32.32), 47 comps

Comp revenue range (p25 / median / p75)

$11,747$19,431$27,142

Median revenue of shown comps: $20,216

  • Black Pine Cabin w/Jacuzzi, 5 min to Bear Mountain

    Cabin · 2 bd · 2 ba · sleeps 5 · 36 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $24,811ADR $259Occ ≈ 26%5★ (86)

    Airbnb

  • Pine Rock Cabin- Game room with pool table & bar

    Cabin · 2 bd · 2 ba · sleeps 7 · 82 ft

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $14,504ADR $386Occ ≈ 10%5★ (26)

    AirbnbVrboBooking

  • A-frame backs the forest,Walk to Slopes, Hot Tub!

    Cabin · 2 bd · 1 ba · sleeps 4 · 95 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen

    Revenue $54,523ADR $268Occ ≈ 56%4.9★ (282)

    AirbnbVrbo

  • Charming Hot Tub Retreat Near Bear Mountain

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 98 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $27,922ADR $239Occ ≈ 32%4.5★ (71)

    AirbnbVrboBooking

  • Beautiful ViewsBBQHot TubCabin close to ski

    Cabin · 2 bd · 2 ba · sleeps 4 · 190 ft

    Revenue $23,889ADR $276Occ ≈ 24%5★ (7)

    AirbnbBooking

  • Little Pine Chalet | on Golf Course | walk to ski

    House · 2 bd · 2 ba · sleeps 6 · 213 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $37,766ADR $514Occ ≈ 20%5★ (18)

    AirbnbVrbo

  • Walk to Bear Mountain + Fireplace

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 223 ft

    • Free parking
    • Wifi
    • Kitchen
    • Fireplace
    • +1

    Revenue $19,307ADR $210Occ ≈ 25%4.5★ (20)

    AirbnbVrboBooking

  • Big Bear Grant's Great Outdoors

    House · 2 bd · 1.5 ba · sleeps 5 · 240 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $8,528ADR $370Occ ≈ 6%—

    AirbnbVrbo

  • Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes,

    Cabin · 2 bd · 2 ba · sleeps 4 · 367 ft

    Revenue $122ADR $0Occ ≈ —4.8★ (30)

    Delisted

  • Beautiful spacious cabin with amazing views, BBQ, Hot Tub, a walk to ski slopes,

    Cabin · 2 bd · 2 ba · sleeps 4 · 367 ft

    Revenue $2,488ADR $200Occ ≈ 3%—

    Delisted

Show 33 more
  • TreeLicious | Jacuzzi, Cozy Chalet close to Slopes

    Cabin · 2 bd · 2 ba · sleeps 6 · 423 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $61,384ADR $227Occ ≈ 74%4.7★ (79)

    AirbnbVrboBooking

  • Condo on Golf Course! Walk to Bear! Pets! Views!

    House · 2 bd · 2.5 ba · sleeps 7 · 433 ft

    Revenue $34,613ADR $176Occ ≈ 54%4.7★ (28)

    Airbnb

  • Trophy Treehouse Walk to Ski Slopes, Golf, Pets ok

    Cabin · 2 bd · 2 ba · sleeps 4 · 476 ft

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $27,397ADR $171Occ ≈ 44%4.8★ (71)

    AirbnbVrboBooking

  • Hot Tub Under the Stars, Backs to Trails, Pet

    Cabin · 2 bd · 2 ba · sleeps 4 · 489 ft

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $8,425ADR $223Occ ≈ 10%4.9★ (8)

    AirbnbVrbo

  • Walk to Bear Mtn | Fireplace + Forest Views

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $14,051ADR $255Occ ≈ 15%4.4★ (26)

    AirbnbVrboBooking

  • Big Bear Lake Cabin Near Ski Slopes, Golf, Cozy

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    Revenue $17,301ADR $268Occ ≈ 18%—

    Booking

  • Wolf Cub Cabin#1946

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $8,150ADR $319Occ ≈ 7%4.5★ (25)

    AirbnbVrboBooking

  • Wolf Cub Cabin- Resort Cozy Cabin- Hot Tub

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

    Revenue $44,016ADR $456Occ ≈ 26%4.5★ (56)

    Booking

  • Stylish Pet Friendly Cabin, Walk to the Slopes, Golf and Zoo

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

    Revenue $19,431ADR $164Occ ≈ 32%5★ (2)

    Delisted

  • Walk to Zoo, Mt Biking & Trails - Cozy Getaway

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +3

    Revenue $26,887ADR $178Occ ≈ 41%4.9★ (331)

    AirbnbVrbo

  • Bear Mountain Hideaway, Cabin w Spa

    House · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $50,866ADR $214Occ ≈ 65%4.8★ (674)

    AirbnbVrbo

  • Bear Golf Inn Resort Townhouse by Big Bear Vacations

    Vacation home · 2 bd · 3 ba · sleeps 4 · 0.1 mi

    Revenue $14,929ADR $337Occ ≈ 12%5★ (1)

    Booking

  • Hibernation Station - Walk to Bear Mountain!

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $31,587ADR $190Occ ≈ 46%4.9★ (456)

    AirbnbVrbo

  • Modern Moonridge Retreat: Walk to Ski & Golf

    Townhouse · 2 bd · 2.5 ba · sleeps 4 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $22,341ADR $444Occ ≈ 14%3.9★ (19)

    AirbnbVrboBooking

  • Pet Friendly! Walk to Bear Mtn & Golf Course!

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $26,114ADR $206Occ ≈ 35%4.8★ (80)

    AirbnbVrbo

  • A-Frame Cabin with Hot Tub & Mountain Views

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

    Revenue $35,750ADR $192Occ ≈ 51%4.2★ (32)

    Airbnb

  • Golf Course Views! Walking Distance to Bear Mtn!

    House · 2 bd · 2.5 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $8,647ADR $281Occ ≈ 8%5★ (1)

    AirbnbVrbo

  • 2BR Goldmine Hideaway | 2 Suites + Fireplace

    Condominium (condo) · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +2

    Revenue $17,258ADR $332Occ ≈ 14%4.5★ (18)

    AirbnbVrboBooking

  • Walking distance to Bear Mtn!PoolTable!EV Charger!

    House · 2 bd · 2.5 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +3

    Revenue $26,610ADR $267Occ ≈ 27%4.9★ (18)

    AirbnbVrbo

  • Wanderlust Ski 2BR Oasis| Walk to Ski Resort

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $20,216ADR $239Occ ≈ 23%5★ (46)

    AirbnbVrbo

  • 2 Bedrm Condo, Steps 2 Bear Mtn Ski Resort & Golf

    Townhouse · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $18,203ADR $353Occ ≈ 14%5★ (53)

    Airbnb

  • Romero House

    Vacation home · 2 bd · 2 ba · sleeps 7 · 0.2 mi

    Revenue $23,350ADR $244Occ ≈ 26%—

    Booking

  • 168 Ski and Tee Chalet

    Vacation home · 2 bd · 3 ba · sleeps 4 · 0.2 mi

    Revenue $14,867ADR $296Occ ≈ 14%—

    Booking

  • On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and

    House · 2 bd · 2.5 ba · sleeps 4 · 0.2 mi

    Revenue $618ADR $154Occ ≈ 1%5★

    Delisted

  • On Golf Course and quarter mile from Slopes! Dogs OK, Fireplace, Streaming, and

    House · 2 bd · 3 ba · sleeps 4 · 0.2 mi

    Revenue $2,454ADR $220Occ ≈ 3%—

    Delisted

  • The Bear Meadows Retreat! Walk to Bear Mountain!

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.2 mi

    • Free parking
    • Wifi
    • Kitchen
    • Washer
    • +3

    Revenue $23,588ADR $150Occ ≈ 43%4.7★ (28)

    AirbnbVrboBooking

  • Hole in one, tee off or walk to slopes!

    Townhouse · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $13,592ADR $213Occ ≈ 17%5★ (44)

    Airbnb

  • 4 J’s Cabin | Walk to Bear Mountain, Zoo & Trails

    Cabin · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +1

    Revenue $15,347ADR $210Occ ≈ 20%4.5★ (16)

    AirbnbVrbo

  • Beautiful Big Bear Cabin with Large Jacuzzi

    House · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $17,229ADR $284Occ ≈ 17%4.9★ (67)

    AirbnbVrbo

  • The Cozy Chalet by Bear X

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

    Revenue $26,677ADR $229Occ ≈ 32%4.5★ (109)

    Delisted

  • Aspen House • Near Bear Mtn • Dog friendly

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

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $42,635ADR $221Occ ≈ 53%4.8★ (94)

    AirbnbVrbo

  • Awesome View!modern decor Walk to Resort + Spa!

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $31,949ADR $234Occ ≈ 37%4.8★ (130)

    AirbnbVrbo

  • Cozy mountain getaway with private spa, BBQ, large deck, a short walk to slopes!

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.3 mi

    Revenue $480ADR $160Occ ≈ 1%4.5★ (34)

    Delisted

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

$23,688

NOI

$5,610

Cash flow /mo

$468

Cash needed

$468,000

Cash-on-cash (all cash)

1.2%

ROE (yr 1)

4.1%

Cap rate

1.2%

DSCR

—

Year-1 write-off

$117,570

Year-1 tax shield @ 32%

$37,622

Year-1 return on equity

  • Cash flow (annual)$5,610
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$13,500
ROE4.1%

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)$4,738
  • Platform fees (3% of revenue)$711
  • Maintenance / capex (5% of revenue)$1,184
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$6,661
  • Insurance (STR-rated)$2,295

Cash needed to close

  • Purchase price (all cash)$450,000
  • Closing costs (4.0%)$18,000
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$37,622

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

$361,000

Short-life (5/15-yr)

$117,000 · 32%

Year-1 deduction

$118,000

Year-1 tax shield @ 32%

$38,000

Land 20% (county tax record, assessed value split) · building $244,000 over 39 years

Based on: 1,184 sq ft, built 1980, 2 bd / 2 ba, furnished, listing features (hot tub, patio, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $89,000 in year 1 (25% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$80,500
  • Kitchen cabinetsdefault

    $8,400 new × 40% good × 3.59 allocation

    $12,100
  • Kitchen countertopsdefault

    $6,900 new × 40% good × 3.59 allocation

    $9,900
  • Decorative trimdefault

    $2,100 new × 40% good × 3.59 allocation

    $3,000
  • Mirrorsdefault

    $300 new × 40% good × 3.59 allocation

    $400
  • Shelvingdefault

    $900 new × 40% good × 3.59 allocation

    $1,300
  • Window coverings (12)default

    $3,000 new × 40% good × 3.59 allocation

    $4,300
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,600 new × 40% good × 3.59 allocation

    $11,000
  • Kitchen & laundry equipment plumbingdefault

    $6,500 new × 40% good × 3.59 allocation

    $9,400
  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 40% good × 3.59 allocation

    $5,700
  • Appliances (range, microwave, disposal)listing

    $2,900 new × 40% good × 3.59 allocation

    $4,200
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.59 allocation

    $12,900
  • Furniture conveyed with the sale (used)listing

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

    $6,400
15-year land improvements$36,800
  • Paving: driveway & walks (paved)listing

    $7,100 new × 50% good × 3.59 allocation

    $12,800
  • Landscaping (typical)default

    $6,900 new × 50% good × 3.59 allocation

    $12,300
  • Patioslisting

    $5,300 new × 50% good × 3.59 allocation

    $9,600
  • Decks & porches (attached)default

    $1,200 new × 50% good × 3.59 allocation

    $2,100
Building, 39-year$243,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $128,200 new × 40% good × 3.59 allocation

    $184,200
  • Building plumbing & fixturesdefault

    $13,300 new × 40% good × 3.59 allocation

    $19,100
  • Building electrical & lightingdefault

    $12,300 new × 40% good × 3.59 allocation

    $17,700
  • HVACdefault

    $13,300 new × 40% good × 3.59 allocation

    $19,200
  • Fireplacelisting

    $2,600 new × 40% good × 3.59 allocation

    $3,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$80,500$36,800$300$117,600
2$0$0$6,300$6,300
3$0$0$6,300$6,300
4$0$0$6,300$6,300
5$0$0$6,300$6,300
6+$0$0$218,700$218,700
Total$80,500$36,800$243,900$361,200

The building's share of the price ($355,000) is 3.6x our depreciated replacement cost of the home ($99,000). 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, Georgia and Wisconsin 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.