38
Map
$1,259,000
●
House -
In Contract
38840 Waterview
Big Bear Lake, CA 92315
4 Beds
2 Baths,
1
Half Bath
2,400 Ft²
$6,182
Est. Monthly
About This Property
Lake views • Deeded lake access + shared dock • Active STR program
• Hot tub • 3D tour + floor plan. Set among the pines just one
house off Big Bear Lake, this fully renovated 4-bedroom, 3-bath
home pairs artisan craftsmanship with relaxed mountain living.
Approx. 2,400 sq ft on an 11,355 sq ft lot, with deeded lake-access
easement, dock rights and deep-water access. Inside, warm wood
ceilings, exposed beams, custom cabinetry, stone fireplace surround
and high-end stainless appliances create a refined lodge aesthetic.
Expansive windows and lake-view decks draw the outdoors in, with
mountain and lake views extending to the primary bedroom. A
lower-level family/game room adds flexible gathering space, while
the hot tub, patio and outdoor fire-pit area invite year-round
outdoor living. Detached 2-car garage and laundry room add everyday
function. Property is currently operated in an active short-term
rental program; buyer to verify permit status, regulations and
transferability. Zillow 3D tour and floor plan available.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$525
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
Listed By
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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: 17 days ago (CRMLS #IG26205695)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by KELLER WILLIAMS BIG BEAR | $1,259,000 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Pinnacle Estate Properties | $949,000 | |
| Listed by Pinnacle Estate Properties | |||
| | |||
|
Rare opportunity for updated lake view home with lake access & shared dock! Walk to lake on deeded easement, only a 1 minute walk to the lake + your shared dock, just 1 house off the water. Home had a huge renovation 2 years ago; new kitchen with Birch cabinets & all new Bosch appliances, new flooring upstairs, 2 new full bathrooms. Live edge bathroom vanities. This home pays for itself with it's consistent rental income. 2 years history, on pace for over 90K in 2020 which includes no rentals for 21/2 months and owners using property for over 45 days. 2019 did 65K with owners using property for aprox 3 months. Self managed through AirBnB. Unique opportunity with legal lake access easement, amazing views and dock privileges as there are only a handful of these available in Big Bear Lake.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite
Appliances: Dryer, Washer
Flooring Type: Laminate, Wood
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Family Room, Living Room
Exterior Details
Square Footage: 2400
Square Footage Source: $0
Architectural Style: Custom
Year Built Source: Assessor
Year Built: 1979
Levels: Two
Patio and Porch Features: Rear Porch, Deck, Front Porch, Patio, Concrete
Pool Features: None
Lot Features: Back Yard, Gentle Sloping
Lot Size Area: 11355
Lot Size Units: Square Feet
Lot Size Acres: 0.2607
Lot Size Square Feet: 11355
Tax Lot: 2
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Big Bear Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Daniel Easterby, KELLER WILLIAMS BIG BEAR
Last Updated: 17 days ago
Data Source: CRMLS, MLS# IG26205695
Last Updated: 17 days ago
Data Source: CRMLS, MLS# IG26205695
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