$236,000
●
Land -
Off Market
2783 Erwin Ranch Road
Big Bear, CA 92314
Studio
0 Bath
$1,174
Est. Monthly
About This Property
EXQUISITE EQUESTRIAN LIVING WITH PANORAMIC VIEWS OF SKI SLOPES,
SEASONAL LAKE AND NATIONAL FOREST! This 6.59 acre parcel is lot 8
located in highly sought-after Hamilton Ranch Estates! A peaceful
gated community away from the crowds. Boarders the National Forest
and has ample Southern Exposure. Plenty of room to build your dream
home with additional space for a barn and corral. Beautifully treed
providing the perfect amount of shade and privacy. Also includes a
huge bonus ~ a well and pump house with electricity to the site!
One of the most stunning lots in Hamilton... priced to sell!
Unit Size
-
Days on Market
124 days
Land Size
6.59 acres
Price per sqft
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Property Type
Land
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (CRMLS #PW23148154)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Re/Max Big Bear | $239,000 | |
| Listed by Re/Max Big Bear | |||
| Jun 2, 2021 | No longer available | - | |
| No longer available | |||
| Dec 17, 2020 | Listed | $250,000 | |
| Listed | |||
| | |||
|
Exquisite 6.59 acre parcel in the gated community of Hamilton Ranch Estates ~ Easily build your dream home here with plenty of room for the barn and corral ~ Access to trails and hiking in the National Forest ~ Seasonal lake ~ Beautiful views all around of the forest, mountains, and ski slopes ~ This is a very unique property with endless potential and the quiet, vast space you are looking for but still just a short drive to all the activities Big Bear is known for!
| |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Big Bear City
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Listed by: Tyler Wood, Re/Max Big Bear
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23148154
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW23148154
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