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Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

1217 Redwood Dr

1217 Redwood Dr

Big Bear Lake, CA 92315

$599,000

3 bd · 2 ba · 1,232 sqft · Listed 63d ago

View on Realtor.com →
Low confidenceEst. land %Negative cash flow

Year built

1976

Sqft

1,232

Lot sqft

7,800

HOA / mo

$0

Furnished

Yes

List date

2026-09-11T16:33:35.000000Z

Revenue

Annual revenue

$37,743

ADR

$374

Occupancy

28%

Cleaning fees (12 mo)

$6,236

Confidence

Low (39.12), 50 comps

Comp revenue range (p25 / median / p75)

$20,407$32,449$49,353

Median revenue of shown comps: $31,322

  • Our Beary Happy Place-Close to All!

    Cabin · 3 bd · 2 ba · sleeps 8 · 148 ft

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

    Revenue $17,933ADR $359Occ ≈ 14%5★ (159)

    AirbnbVrbo

  • Welcome to the Fox Farm Charmer

    House · 3 bd · 2.5 ba · sleeps 10 · 220 ft

    Revenue $55,552ADR $280Occ ≈ 54%4.8★ (47)

    Airbnb

  • Gorgeous cabin great for Family & Pets BBQ fenced backyard fire pit Jacuuzi

    House · 3 bd · 2 ba · sleeps 7 · 240 ft

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

    Revenue $58,985ADR $389Occ ≈ 42%4.3★ (13)

    Vrbo

  • Mountain Air by AvantStay | Cabin 4mins to Lake

    Cabin · 3 bd · 2 ba · sleeps 6 · 397 ft

    Revenue $29,251ADR $302Occ ≈ 27%4.8★ (62)

    AirbnbBooking

  • Sunny Cabin Escape – Spa, BBQ & Family Fun

    House · 3 bd · 2.5 ba · sleeps 8 · 453 ft

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $26,629ADR $345Occ ≈ 21%5★ (17)

    Airbnb

  • NOMAD NOOK | Summer Basecamp | Relax•Hike•Explore

    Cabin · 3 bd · 2 ba · sleeps 6 · 502 ft

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

    Revenue $32,168ADR $578Occ ≈ 15%5★ (100)

    Airbnb

  • ‘Dancing Bear Lodge’ ~ 1 Mi to Big Bear Lake!

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.1 mi

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

    Revenue $30,476ADR $332Occ ≈ 25%4.8★ (48)

    AirbnbVrbo

  • Modern cabin with a Hot Tub, Game Room, Fire Pit

    House · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $35,167ADR $627Occ ≈ 15%4★ (6)

    AirbnbBooking

  • Modern Cabin Jacuzzi gated yard 4 Kids/Dogs Chill

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

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $47,070ADR $297Occ ≈ 43%4.8★ (330)

    Airbnb

  • Cozy Mountain Retreat: Hot Tub, Dog Friendly & EV

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.1 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +6

    Revenue $18,984ADR $348Occ ≈ 15%5★ (75)

    AirbnbVrbo

Show 32 more
  • Cornerstone Lodge Log Cabin at Big Bear Lake

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

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

    Revenue $27,630ADR $371Occ ≈ 20%4.8★ (20)

    AirbnbVrboBooking

  • Enchanted Log Cabin on extensive Lot , Pet loving

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

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

    Revenue $8,866ADR $344Occ ≈ 7%5★ (58)

    AirbnbVrbo

  • Fox Farm! Pool Table! EV Charger! Fenced Yard!

    House · 3 bd · 2.5 ba · sleeps 10 · 0.1 mi

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

    Revenue $26,884ADR $455Occ ≈ 16%4.8★ (33)

    AirbnbVrbo

  • Cornerstone Lodge Log Cabin at Big Bear Lake

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $54,152ADR $778Occ ≈ 19%5★ (1)

    Booking

  • Arcade, Hot Tub, Game Room Home in Nature

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $70,216ADR $275Occ ≈ 70%4.8★ (140)

    Airbnb

  • Cozy Sugarpine Retreat | BBQ, Jacuzzi, & Game Room

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $11,656ADR $312Occ ≈ 10%5★ (7)

    AirbnbVrbo

  • Shadow Wood Retreat, Ideal 2 Min to Village & SPA

    House · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $19,518ADR $528Occ ≈ 10%5★ (6)

    AirbnbVrbo

  • The Cozy Castle at Big Bear- Games

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

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

    Revenue $42,478ADR $853Occ ≈ 14%4★ (2)

    AirbnbVrbo

  • Nick's Cabin

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

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

    Revenue $24,485ADR $258Occ ≈ 26%5★ (80)

    Airbnb

  • Teakwood Cozy Wood Cabin w/ Fireplace & Hottub

    Cabin · 3 bd · 1 ba · sleeps 8 · 0.2 mi

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

    Revenue $42,120ADR $320Occ ≈ 36%4.6★ (34)

    AirbnbVrboBooking

  • Cub's Cabin #2561

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $44,746ADR $497Occ ≈ 25%—

    Booking

  • Cub's Cabin / Charming 3-Bedroom Log Cabin Near Big Bear Lake

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $49,818ADR $518Occ ≈ 26%5★ (2)

    Booking

  • Cubs Cabin 2 Nights this weekend 15% off

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

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

    Revenue $23,400ADR $373Occ ≈ 17%4.8★ (6)

    AirbnbVrbo

  • Fox Farm, Cozy cabin with a game room, hot tub, & 2 decks in a great location!!

    House · 3 bd · 1.5 ba · sleeps 7 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $11,419ADR $427Occ ≈ 7%4.9★ (73)

    Vrbo

  • Bearfoot Chalet. Smart Cabin. BBQ. EV Charger. Spa

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $32,730ADR $523Occ ≈ 17%5★ (78)

    AirbnbVrbo

  • Eagle Mountain Estates Retreat

    House · 3 bd · 3 ba · sleeps 8 · 0.2 mi

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

    Revenue $47,083ADR $402Occ ≈ 32%5★ (37)

    AirbnbVrbo

  • Game Room• Sauna • Hot Tub • Family & Pet Friendly

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.2 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $47,956ADR $517Occ ≈ 25%5★ (77)

    AirbnbVrbo

  • The Cozy Castle at Big Bear- Games

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $77,009ADR $1,378Occ ≈ 15%—

    Booking

  • The Cozy Cottage#2384

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.2 mi

    Revenue $89,612ADR $1,493Occ ≈ 16%—

    Booking

  • AC, Hot Tub,Centrally Located, Fenced Yard, BBQ

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

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

    Revenue $17,187ADR $379Occ ≈ 12%4.4★ (15)

    AirbnbVrboBooking

  • The Kitchy Cabin: Big Bear Mountain Getaway

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $7,620ADR $418Occ ≈ 5%4.8★ (139)

    Delisted

  • Cozy Fox Farm Retreat | Steps to Hiking & Lake

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi

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

    Revenue $26,702ADR $510Occ ≈ 14%4.7★ (12)

    AirbnbVrboBooking

  • *Teakwood Chalet* Mins to Lake | Games | Fire Pit

    House · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $3,059ADR $287Occ ≈ 3%5★ (5)

    Airbnb

  • Aspen Grove-1041 by Big Bear Vacations

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $60,648ADR $1,391Occ ≈ 12%5★ (1)

    Booking

  • Enchanting Escape | Hot Tub, Fire Pit & Game Room

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.3 mi

    • Hot tub
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $84,213ADR $404Occ ≈ 57%4.9★ (58)

    AirbnbVrbo

  • Enchanting Snow Escape

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.3 mi

    Revenue $87,182ADR $407Occ ≈ 59%5★ (1)

    Booking

  • Country Barn Estate

    Barn · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $6,848ADR $612Occ ≈ 3%5★ (171)

    AirbnbVrbo

  • Whispering Pines Cabin – Tranquility in the Trees

    House · 3 bd · 2 ba · sleeps 7 · 0.3 mi

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

    Revenue $23,324ADR $296Occ ≈ 22%4.5★ (26)

    AirbnbVrbo

  • Free 11AM Check-in, 4PM Check-out! Sleeps 8!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $35,071ADR $229Occ ≈ 42%5★ (80)

    Delisted

  • Hot Tub | Lake, Golf & Hiking | Family Fun | BBQ

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $37,416ADR $315Occ ≈ 33%5★ (29)

    AirbnbVrbo

  • Just a Snow Play Away - Big Bear Mountain

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $13,391ADR $315Occ ≈ 12%4.9★ (16)

    Airbnb

  • MOUNTAIN ESCAPE IN BEAUTIFUL FOX FARM

    House · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    • Free parking
    • Pets OK
    • Wifi
    • Kitchen
    • +4

    Revenue $23,073ADR $197Occ ≈ 32%4.8★ (102)

    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
Term

Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium

Est. revenue

$37,743

NOI

$13,331

Cash flow /mo

-$2,142

Cash needed

$173,710

Cash-on-cash

-14.8%

ROE (yr 1)

-2.2%

Cap rate

2.2%

DSCR

0.34

Year-1 write-off

$148,264

Year-1 tax shield @ 32%

$47,445

Year-1 return on equity

  • Cash flow (annual)-$25,701
  • Principal paydown$3,858
  • Appreciation at%$17,970
ROE-2.2%

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)$7,549
  • Platform fees (3% of revenue)$1,132
  • Maintenance / capex (5% of revenue)$1,887
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$7,488
  • Insurance (STR-rated)$3,055

Cash needed to close

  • Down payment (25%)$149,750
  • Closing costs (4.0%)$23,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$47,445

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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

$422,000

Short-life (5/15-yr)

$147,000 · 35%

Year-1 deduction

$148,000

Year-1 tax shield @ 32%

$47,000

Land 30% (market default, no usable tax-record split) · building $274,000 over 39 years

Based on: 1,232 sq ft, built 1976, 3 bd / 2 ba, furnished, listing features (deck, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $92,000 in year 1 (22% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$78,700
  • Kitchen cabinetsdefault

    $8,500 new × 40% good × 3.89 allocation

    $13,200
  • Kitchen countertopsdefault

    $7,000 new × 40% good × 3.89 allocation

    $10,800
  • Decorative trimdefault

    $2,200 new × 40% good × 3.89 allocation

    $3,400
  • Mirrorsdefault

    $300 new × 40% good × 3.89 allocation

    $500
  • Shelvingdefault

    $1,200 new × 40% good × 3.89 allocation

    $1,900
  • Window coverings (12)default

    $3,000 new × 40% good × 3.89 allocation

    $4,700
  • Carpet, vinyl & laminate (100% of floors)listing

    $7,900 new × 40% good × 3.89 allocation

    $12,300
  • Kitchen & laundry equipment plumbingdefault

    $6,600 new × 40% good × 3.89 allocation

    $10,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 40% good × 3.89 allocation

    $6,200
  • Appliances (range, microwave, dishwasher, disposal, washer)listing

    $4,900 new × 40% good × 3.89 allocation

    $7,600
  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$68,700
  • Paving: driveway & walks (paved)default

    $7,300 new × 50% good × 3.89 allocation

    $14,100
  • Landscaping (typical)default

    $7,000 new × 50% good × 3.89 allocation

    $13,600
  • Patiosdefault

    $1,200 new × 50% good × 3.89 allocation

    $2,400
  • Decks & porches (attached)listing

    $13,900 new × 50% good × 3.89 allocation

    $26,900
  • Fencinglisting

    $6,000 new × 50% good × 3.89 allocation

    $11,700
Building, 39-year$274,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $133,100 new × 40% good × 3.89 allocation

    $207,000
  • Building plumbing & fixturesdefault

    $13,800 new × 40% good × 3.89 allocation

    $21,500
  • Building electrical & lightingdefault

    $12,900 new × 40% good × 3.89 allocation

    $20,000
  • HVACdefault

    $13,900 new × 40% good × 3.89 allocation

    $21,600
  • Fireplacelisting

    $2,600 new × 40% good × 3.89 allocation

    $4,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$78,700$68,700$900$148,300
2$0$0$7,000$7,000
3$0$0$7,000$7,000
4$0$0$7,000$7,000
5$0$0$7,000$7,000
6+$0$0$245,200$245,200
Total$78,700$68,700$274,300$421,600

The building's share of the price ($414,000) is 3.9x our depreciated replacement cost of the home ($106,000). 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.