Listed by: Steve Hirschler, Keller Williams Big Bear Lake Arrowhead
$2,000,000
●
House -
Off Market
2821 Erwin Ranch Road
Big Bear, CA 92314
8 Beds
7 Baths,
1
Half Bath
6,287 Ft²
$2,223,556
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
SELLER FINANCING IS AVAILABLE for the Yellowstone of Big Bear. A
unique log home on a Pine/Spruce covered 6-acre parcel hidden in
the northeast corner of the gated private community of Hamilton
Ranch with direct access to national forest. Horseback riding and
hiking trails offering ultimate seclusion. Hand Crafted with real
13'' cedar logs and rock found on the land. This home is tight and
toasty in winter with three huge wood burning fireplaces and
radiant floor heating throughout. 8 total bedrooms and 7 baths. 2
master suites on the main floor and 1 upstairs, with an adjoining
patio, for a total of 3 on suite bedrooms. Chef stove and built-in
dining banquette for a crowd. Inside are 32-foot open beam ceilings
and a surrounding catwalk that accesses 5 guest bedrooms. Outside a
1750 sq ft exterior covered porch with cedar 3x6 decking
surrounding the home giving protection from the elements and lots
of outdoor living space. A 5,200 sq ft horse & equipment barn
to work and play in. Come See it in person or Click on the 3D Tour
to walk thru!
Unit Size
6,287 Ft²
Days on Market
233 days
Land Size
6.00 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
$58
Year Built
2010
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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: 3 years ago (CRMLS #219075175PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Keller Williams Big Bear Lake Arrowhead | $2,125,000 | |
| Listed by Keller Williams Big Bear Lake Arrowhead | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Big Bear City
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Listed by: Steve Hirschler, Keller Williams Big Bear Lake Arrowhead
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075175PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075175PS
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