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Property Description
Thelma's Family Restaurant & Bakery is a rare opportunity to own a true Big Bear institution with decades of local recognition, loyal repeat clientele, and prime visibility on one of the busiest roads in town. This well-known restaurant and bakery has built a strong reputation for its home-style comfort food, homemade baked goods, and welcoming mountain atmosphere that keeps both locals and tourists coming back year after year. The property features a fully equipped commercial kitchen, multiple spacious dining areas, a cozy bar area, two inviting fireplaces, and extensive outdoor seating that perfectly captures the Big Bear mountain lifestyle. The large patio creates an ideal setting for year-round dining and high-volume seasonal traffic. Positioned directly on the main boulevard with exceptional frontage and constant exposure, the location benefits from heavy tourist and commuter traffic throughout all seasons. Known for hearty portions, homemade pies, famous cinnamon rolls, and longtime customer favorites like the "Hobo" breakfast special and chicken pot pies, the restaurant has become a staple dining destination in the valley. The business enjoys strong community recognition, established operational history, and a reputation for generating solid revenue with consistent customer demand. The warm mountain-style interior, family-friendly atmosphere, and flexible indoor/outdoor dining spaces make this a standout hospitality property with tremendous potential for continued growth, events, catering, expanded bar service, or enhanced entertainment concepts. A turnkey opportunity to own one of Big Bear's most recognizable and beloved restaurant destinations.
Full Property Details
Full Property Details for 337 W Big Bear Blvd
General
- Price: $700,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: CV26107237
- Updated: 5/17/2026
- Days on Market: 3 days
- Added to Site: 5 day(s) ago
Business
- Business Type: Restaurant
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room, Stackable
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- County: San Bernardino
- Driving Directions: Big Bear Blvd.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Natural Gas, Wood, Propane
Utilities
- Utility Description: Natural Gas Connected, Propane, Sewer Connected, Cable Connected, Phone Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 2
- Construction: Plaster, Wood Siding, Frame, Log Siding, Shingle Siding, Stucco, Drywall Walls, Shake Siding
- Roof: Composition
- Sprinklers: Yes
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1843
- Square Feet: 1,843
Lot Features
- Lot Size (Acres): 0.5223
- Useable Acres: .5223
- Lot Size (Sq. Ft.): 22,750
- Lot Dimensions: 22750
- Fence: Yes
- Lot Features: Sprinklers Drip System, Rectangular Lot, 0-1 Unit/Acre, Treed Lot, Misting System, Landscaped, Sprinklers In Rear, Level with Street, Rocks, Lot 20000-39999 Sqft, Sprinklers In Front, Garden
- Lot Description: Drip Sprinkler System, Rectangular Lot, 0-1 Unit/Acre, Treed Lot, Misting System, Landscaped, Sprinklers in Rear, Level with Street, Rocks, Lot 20000-39999 Sqft, Sprinklers in Front, Garden
- Fencing (Description): Glass, Masonry, Wood, Redwood, Average Condition, Needs Repair
Financial Considerations
- Price Per Sq. Ft.: $379
Disclosures and Reports
- Property ID: 311117460000
Listed by The Associates Realty Group, SaraGriffin
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Schools
Schools serving 337 W Big Bear Blvd
School District:Bear Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Baldwin Lane Elementary School 44500 Baldwin Ln., Big Bear, CA 92314 | K-5 | 1.3 mi |
Big Bear Middle School 41275 Big Bear Boulevard, Big Bear Lake, CA 92315 | 6-8 | 3.2 mi |
Big Bear High School 351 Maple Ln., Big Bear, CA 92314 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 337 W Big Bear Blvd
Date
Details
Price
Change
Source
5/15/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 337 W Big Bear Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,790
29%
$450,762
2%
2024
$16,162
16%
$441,924
2%
2023
$13,930
15%
$433,259
2%
2022
$12,106
-13%
$424,764
2%
2021
$13,891
-3%
$416,435
1%
2020
$14,279
14%
$412,165
2%
2019
$12,531
-4%
$404,084
2%
2018
$13,073
-4%
$396,160
2%
2017
$13,626
27%
$388,393
2%
2016
$10,768
-18%
$380,777
2%
2015
$13,131
-2%
$375,057
2%
2014
$13,388
20%
$367,710
—
2013
$11,161
—
$366,048
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 337 W Big Bear Blvd
337 W Big Bear Boulevard, Big Bear Lake, CA 92314 (MLS# CV26107237) is a Retail property. 337 W Big Bear Boulevard is currently listed for $700,000 and was received on May 15, 2026. Want to learn more about 337 W Big Bear Boulevard? Do you have questions about finding other Retail real estate for sale in Big Bear Lake? You can browse all Big Bear Lake real estate or contact a Coldwell Banker agent to request more information.

