1068 Lookout Mountain Rd
Big Bear City, CA 92314
$672,500
4 bd · 2 ba · 2,232 sqft · Listed 76d ago
View on Realtor.com →Year built
1971
Sqft
2,232
Lot sqft
18,195
HOA / mo
$0
Furnished
Yes
List date
2026-08-29T22:03:43.000000Z
Revenue
Annual revenue
$39,698
ADR
$358
Occupancy
30%
Cleaning fees (12 mo)
$7,238
Confidence
Med (53.31), 26 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $38,309
Lakeside •PlaneSpotting• Sauna• EV• by Octoberfest
Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi
- Hot tub
- Free parking
- Pets OK
- Wifi
- +6
Revenue $14,207ADR $333Occ ≈ 12%5★ (5)
Paradise Cabin
Vacation home · 4 bd · 1 ba · sleeps 10 · 0.2 mi
Revenue $13,019ADR $229Occ ≈ 16%4.9★ (7)
Navigate Stays Best Location Pet Friendly Games
House · 4 bd · 2 ba · sleeps 12 · 0.2 mi
Revenue $64,894ADR $395Occ ≈ 45%4.5★ (21)
Navigate Stays Best Location Pet Friendly Games
Vacation home · 4 bd · 2 ba · sleeps 12 · 0.2 mi
Revenue $37,813ADR $331Occ ≈ 31%—
✧ Game Room, Spa, Firepit, Pet/ Child Friendly! ✧
House · 4 bd · 2 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $51,305ADR $616Occ ≈ 23%4.9★ (120)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Whispering Bear Lodge: Pool Table!Foosball! Views! House
| 4 bd · 2 ba · sleeps 10 | $33,419 | $338 | 27% | 4.7★ (66) | 453 ft | AirbnbVrbo |
Master Suite! 2 Game Rooms! HOT TUB! Propane BBQ! House
| 4 bd · 2.5 ba · sleeps 10 | $46,704 | $396 | 32% | 4.5★ (166) | 515 ft | AirbnbVrbo |
Lakeside •PlaneSpotting• Sauna• EV• by Octoberfest Cabin
| 4 bd · 3 ba · sleeps 10 | $14,207 | $333 | 12% | 5★ (5) | 0.1 mi | Airbnb |
Paradise Cabin Vacation home | 4 bd · 1 ba · sleeps 10 | $13,019 | $229 | 16% | 4.9★ (7) | 0.2 mi | Booking |
Winter Haus: Near National Forest!Ski Slope Views! House
| 4 bd · 3 ba · sleeps 10 | $25,890 | $467 | 15% | 5★ (43) | 0.2 mi | AirbnbVrbo |
Navigate Stays Best Location Pet Friendly Games House | 4 bd · 2 ba · sleeps 12 | $64,894 | $395 | 45% | 4.5★ (21) | 0.2 mi | Airbnb |
Navigate Stays Best Location Pet Friendly Games Vacation home | 4 bd · 2 ba · sleeps 12 | $37,813 | $331 | 31% | — | 0.2 mi | Booking |
✧ Game Room, Spa, Firepit, Pet/ Child Friendly! ✧ House
| 4 bd · 2 ba · sleeps 10 | $51,305 | $616 | 23% | 4.9★ (120) | 0.3 mi | Airbnb |
Chimney Peak Big Bear Chalet w/ Hot Tub + Games Cabin
| 4 bd · 2 ba · sleeps 10 | $81,815 | $627 | 36% | 4.8★ (18) | 0.3 mi | AirbnbVrboBooking |
New! Bearadise ~ Hunting Cabin with Game Room Cabin
| 4 bd · 3 ba · sleeps 10 | $41,918 | $199 | 58% | 4.9★ (47) | 0.3 mi | AirbnbVrbo |
Show 10 more
Getaway and play!
House · 4 bd · 2 ba · sleeps 10 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $39,446ADR $356Occ ≈ 30%4.8★ (102)
Grand Bear Chalet
Chalet · 4 bd · 2 ba · sleeps 10 · 0.7 mi
- Free parking
- Pets OK
- Wifi
- Kitchen
- +4
Revenue $14,704ADR $452Occ ≈ 9%5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hot Tub • Spacious Cabin with Rustic Details • BBQ Cabin
| 4 bd · 2 ba · sleeps 10 | $26,973 | $312 | 24% | 5★ (56) | 0.3 mi | AirbnbVrbo |
Moonlight Ridge | Solar, Spa, EV Chrg, Lx Game Rm! Cabin
| 4 bd · 2.5 ba · sleeps 10 | $59,014 | $402 | 40% | 5★ (40) | 0.4 mi | AirbnbVrboBooking |
Getaway and play! House
| 4 bd · 2 ba · sleeps 10 | $39,446 | $356 | 30% | 4.8★ (102) | 0.4 mi | Airbnb |
Upgraded Cabin w/ Locally Inspired Themed Rooms Cabin
| 4 bd · 2 ba · sleeps 10 | $12,360 | $485 | 7% | 4.4★ (10) | 0.4 mi | AirbnbVrboBooking |
Hot Tub! Pool Table! PetFriendly!Multi-Fireplaces! House
| 4 bd · 3 ba · sleeps 10 | $53,756 | $440 | 33% | 4.5★ (156) | 0.6 mi | AirbnbVrbo |
Families love! Close to Slopes, Lake, Trails & All Cabin
| 4 bd · 3 ba · sleeps 10 | $16,683 | $472 | 10% | 4.8★ (98) | 0.6 mi | AirbnbVrboBooking |
Big Bear Cabin | 4BR | Pet-Friendly | Lake & Ski Cabin
| 4 bd · 3 ba · sleeps 10 | $38,804 | $447 | 24% | 4.8★ (147) | 0.7 mi | AirbnbBooking |
Grand Bear Chalet Chalet
| 4 bd · 2 ba · sleeps 10 | $14,704 | $452 | 9% | 5★ (2) | 0.7 mi | Airbnb |
4BR Cabin Near Big Bear Lake, Ski, Hike EV Charger House
| 4 bd · 3 ba · sleeps 10 | $43,691 | $399 | 30% | 4.8★ (47) | 0.7 mi | AirbnbVrboBooking |
Mountain Retreat | Firepit/BBQ | Games House
| 4 bd · 2 ba · sleeps 9 | $24,842 | $422 | 16% | 5★ (18) | 0.7 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 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium
Est. revenue
$39,698
NOI
$13,555
Cash flow /mo
-$2,522
Cash needed
$195,025
Cash-on-cash
-15.5%
ROE (yr 1)
-3.0%
Cap rate
2.0%
DSCR
0.31
Year-1 write-off
$154,763
Year-1 tax shield @ 32%
$49,524
Year-1 return on equity
- Cash flow (annual)-$30,267
- Principal paydown$4,332
- Appreciation at%$20,175
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)$7,940
- Platform fees (3% of revenue)$1,191
- Maintenance / capex (5% of revenue)$1,985
- Utilities & supplies$4,200
- HOA$0
- Property tax$8,453
- Insurance (STR-rated)$3,430
Cash needed to close
- Down payment (25%)$168,125
- Closing costs (4.0%)$26,900
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$49,524
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
$541,000
Short-life (5/15-yr)
$153,000 · 28%
Year-1 deduction
$155,000
Year-1 tax shield @ 32%
$50,000
Land 20% (county tax record, assessed value split) · building $388,000 over 39 years
Based on: 2,232 sq ft, built 1971, 4 bd / 2 ba, furnished, listing features (hot tub, deck, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $89,000 in year 1 (16% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,600
Kitchen cabinetsdefault
$10,700 new × 40% good × 2.94 allocation
- $10,300
Kitchen countertopsdefault
$8,700 new × 40% good × 2.94 allocation
- $4,600
Decorative trimdefault
$3,900 new × 40% good × 2.94 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 2.94 allocation
- $1,800
Shelvingdefault
$1,500 new × 40% good × 2.94 allocation
- $6,500
Window coverings (22)default
$5,500 new × 40% good × 2.94 allocation
- $5,600
Carpet, vinyl & laminate (33% of floors)listing
$4,800 new × 40% good × 2.94 allocation
- $9,800
Kitchen & laundry equipment plumbingdefault
$8,300 new × 40% good × 2.94 allocation
- $5,900
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 40% good × 2.94 allocation
- $7,200
Appliances (range, microwave, dishwasher, disposal, refrigerator)listing
$6,100 new × 40% good × 2.94 allocation
- $10,600
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.94 allocation
- $9,200
Furniture conveyed with the sale (used)listing
$23,000 new × 40% good · out of the price
- $14,400
Paving: driveway & walks (paved)default
$9,800 new × 50% good × 2.94 allocation
- $13,800
Landscaping (typical)default
$9,400 new × 50% good × 2.94 allocation
- $3,200
Patiosdefault
$2,200 new × 50% good × 2.94 allocation
- $36,900
Decks & porches (attached)listing
$25,100 new × 50% good × 2.94 allocation
- $284,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$242,100 new × 40% good × 2.94 allocation
- $29,500
Building plumbing & fixturesdefault
$25,100 new × 40% good × 2.94 allocation
- $30,100
Building electrical & lightingdefault
$25,600 new × 40% good × 2.94 allocation
- $29,600
HVACdefault
$25,100 new × 40% good × 2.94 allocation
- $11,300
Hardwood & tile floorsdefault
$9,600 new × 40% good × 2.94 allocation
- $3,100
Fireplacelisting
$2,600 new × 40% good × 2.94 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $84,300 | $68,400 | $2,100 | $154,800 |
| 2 | $0 | $0 | $10,000 | $10,000 |
| 3 | $0 | $0 | $10,000 | $10,000 |
| 4 | $0 | $0 | $10,000 | $10,000 |
| 5 | $0 | $0 | $10,000 | $10,000 |
| 6+ | $0 | $0 | $346,200 | $346,200 |
| Total | $84,300 | $68,400 | $388,100 | $540,800 |
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.