449 Georgia Street
Big Bear Lake, CA 92315

  • 5 beds
  • 5 baths
  • 1,970 sqft
  • ~1/2 acre lot
  • $568 per sqft
  • 1924 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / JOSEPH FERRARO / RE/MAX BIG BEAR / 909-744-7512

Last checked: Checking… • Last updated Apr 15, 2024 •

MLS# EV23220680 —

This property is listed in more than one place. See it here.

Explore the Area

Map View Options

My Commute

Never miss new listings

Be the first to know about new listings between $1,000,000–$2,000,000 in this neighborhood

* indicates a required field

We’ll never spam you or sell your details. You can unsubscribe whenever you’d like.

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date Event Source Price % Change
4/7/24
Price Changed CRMLS_CA $1,120,000 -2.2%
1/25/24
Price Changed CRMLS_CA $1,145,000 -4.2%
12/4/23
Listed / Active CRMLS_CA $1,195,000 104.3% (32.3% / YR)

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

Want to see this home?


Multifamily For Sale

$1,120,000

When do you want to see it?

Or Call Us 1-800-241-3327

Listing provided by broker:

JOSEPH FERRARO

RE/MAX BIG BEAR

909-744-7512

Want a closer look?

Go see 449 Georgia Street

449 Georgia Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

Yes, I would like more information from Estately. Please use and/or share my information with Estately and their designated agent to contact me about my real estate needs.
By submitting this request, I agree Estately and their designated agent may contact me by phone or text message about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

More homes

Newest listings in Big Bear Lake, CA

Similar sold homes

This multifamily located in Big Bear Lake, CA 92315 is currently for sale for $1,120,000. 449 Georgia Street is a 1,970 square foot multifamily with 5 beds and 5 baths that has been on Estately for 159 days. This multifamily is in the attendance area of Big Bear Middle School, Big Bear Elementary School, and Big Bear High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and RE/MAX BIG BEAR. Based on information from California Regional Multiple Listing Service, Inc. as of 14:48 on May 11.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

Copyright © 2024 Estately, Inc. Data displayed here has not been verified by Estately.