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449 Georgia Street, Big Bear Lake, CA 92315
$1,050,000 -$70,000 (-6.25%) Price Reduced
449 Georgia Street, Big Bear Lake, CA 92315View this property at 449 Georgia Street, Big Bear Lake, CA 92315
449 Georgia StreetBig Bear LakeCA92315
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Property Description
This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner. Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office. Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental. In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.
Full Property Details
Full Property Details for 449 Georgia St
General
- Price: $1,050,000
- Status: Active
- Type: Commercial
- MLS ID: 32303869
- Updated: 5/10/2024
- Added to Site: 165 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Interior Features: Bedroom on Main Level
Exterior
- Exterior Features: Blacktop Driveway, Paved Driveway
Parking
- Parking Features: Four or more Spaces, Parking Space(s)
Location
- Area: Big Bear Lake East
- County: San Bernardino
- Cross Streets: Big Bear Blvd
Community
- Community Name: Big Bear Lake East
Heating & Cooling
- Heating Type: Gas, Wall Furnace
Utilities
- Sewer: Connected
Structural Information
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,271
- Year Built: 1924
- Property Condition: Resale
Lot Features
- Lot Size (Sq. Ft.): 16,390
- Lot Size: 16390
- Lot Dimensions: 110 x 149
- Frontage: City Street, Paved
- Topography: Level
- Lot Features: Level
- Zoning: Multiple Residential
Financial Considerations
- Terms: Cash to New Loan
- Owner Pays: Electricity, Sewer, Trash Collection, Water
- Tenant Pays: Gas
Disclosures and Reports
- Property ID: 0309-034-36-0000
Listed by Re/Max Big Bear, JOSEPH FERRARO
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Schools
Schools serving 449 Georgia St
School District:Bear Valley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Big Bear Elementary School
40940 Pennsylvania Ave, Big Bear Lake, CA 92315 | K-6 | 0.6 mi | |
41275 Big Bear Blvd, Big Bear Lake, CA 92315 | 7-8 | 0.1 mi | |
351 Maple Ln, Sugarloaf, CA 92386 | 9-12 | 4.3 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 for 449 Georgia St
Date
Details
Price
Change
Source
5/10/2024
Price Reduced
$1,050,000
-6.25%
MLS
4/04/2024
Price Reduced
$1,120,000
-2.18%
MLS
1/25/2024
Price Reduced
$1,145,000
-4.18%
MLS
12/01/2023
Listed
$1,195,000
5.75%
MLS
4/28/2022
Sold
$1,130,000
—
Public Record
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 449 Georgia St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,147
69%
$608,634
2%
2022
$8,947
2%
$596,700
93%
2021
$8,735
50%
$309,170
1%
2020
$5,820
2%
$306,000
2%
2019
$5,697
30%
$300,000
59%
2018
$4,392
6%
$188,626
9%
2017
$4,136
2%
$173,161
2%
2016
$4,047
1%
$169,766
2%
2015
$4,018
1%
$167,216
2%
2014
$3,969
1%
$163,941
—
2013
$3,932
—
$163,200
—
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 449 Georgia St
449 Georgia Street, Big Bear Lake, CA 92315 (MLS# 32303869) is a Commercial property. 449 Georgia Street is currently listed for $1,050,000 and was received on December 01, 2023. Want to learn more about 449 Georgia Street? Do you have questions about finding other Commercial 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.