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40598 Big Bear Boulevard, Big Bear Lake, CA 92315

$2,200,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
40598 Big Bear Boulevard, Big Bear Lake, CA 92315View this property at 40598 Big Bear Boulevard, Big Bear Lake, CA 92315
40598 Big Bear BoulevardBig Bear LakeCA92315
Property Description
Conveniently located right across the street from the Bowling Barn and Funplex, this 33-room buinding on Big Bear Blvd is the main part of the total 66-room Knights Inn motel which is within walking distance to the fine dining and cinemas in the Big Bear Lake Village. The business is composed of two separate buildings. There is another 33-room building across a street on Lynn Rd under a different listing. In addition, there are three immediately adjacent empty lots for further development under yet another land listing. They could all be purchased together. It is also within walking distance to the marinas for boat launch, boat rentals and all kinds of water sports. Snow Summit and Bear Mountain ski slopes are a short drive
away. With some property renovation investment this property could easily become a premier lodging facility in Big Bear Lake due to its excellent location. This listing price includes the Knights Inn franchise business.

Full Property Details for 40598 Big Bear Blvd

General

  • Price: $2,200,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: OC17013701
  • Updated: 9/16/2018
  • Added: 612 day(s) ago

Interior

  • Fireplace(s): Living Room

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: Community Pool

Location

  • Area: 289 - Big Bear Area
  • County: San Bernardino
  • Development Name: 289 - Big Bear Area
  • Driving Directions: From Pine Knot Ave in the Village head down to the lake. Turn left on Big Bear Blvd to Lynn Rd, it will be on both the right and the left.

Heating & Cooling

  • Cooling Type: Wall Window
  • Heating Type: Wall Heater

Utilities

  • Water: Public

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 13,540
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 33
  • Total Bathrooms: 33
  • Bedrooms: 33

Lot Features

  • Lot Size (Sq. Ft.): 53,000
  • Lot Size Source: Assessor
  • Lot Description: 36-40 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $162.48
  • Price Per Unit: 63636

Disclosures and Reports

  • Inclusions: Knights Inn franchise business

Listed by InvestorsAlly Realty, Ralph Liu

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Schools

Schools serving 40598 Big Bear Blvd

Score
Name
Grades
Distance
3
40940 Pennsylvania, Big Bear Lake, CA 92315
K-6
0.4 mi
3
41275 Big Bear Blvd, Big Bear Lake, CA 92315
7-8
0.8 mi
5
351 Maple Lane, Big Bear City, CA 92314
9-12
5.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 40598 Big Bear Blvd Get Price Alerts

Date
Details
Price
Change
Source
9/16/2018
Price Increased
$2,200,000
4.76%
MLS
9/18/2017
Price Reduced
$2,100,000
-47.5%
MLS
1/20/2017
Listed
$3,999,900
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 40598 Big Bear Blvd

Listed by InvestorsAlly Realty, Ralph Liu

40598 Big Bear Boulevard, Big Bear Lake, CA 92315 (MLS# OC17013701) is a Multi-Family property with 33 units containing 0 bedrooms and 0 full bathrooms. 40598 Big Bear Boulevard is currently listed for $2,200,000 and was received on January 20, 2017. Want to learn more about 40598 Big Bear Boulevard? Do you have questions about finding other Multi-Family 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.