40355 Cliff Lane
About This Property
With stunning views of Big Bear Lake, 40355 Cliff Lane is a mountain retreat that blends rustic charm with modern comfort. Just moments from the Village, this four-bedroom, 2.5-bath home offers an inviting escape while keeping you close to the heart of Big Bear.
Inside, vaulted beam ceilings add warmth and character, complementing the stone fireplace that serves as the homes cozy centerpiece. The log-accented exterior enhances its classic mountain appeal, a perfect nod to its natural surroundings.
Designed for relaxation and entertainment, the home features a billiards-game room, ideal for hosting family and friends. A garage provides convenient storage for vehicles and outdoor gear. Well-cared-for and a successful short-term rental, this property is an excellent opportunity for both personal retreat and investment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | Price Decreased |
$639,000
↓ $40K
(5.9%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed by KELLER WILLIAMS BIG BEAR | $679,000 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2020 | Listed by Keller Williams - Big Bear / Lake Arrowhead | $494,900 | |
| Listed by Keller Williams - Big Bear / Lake Arrowhead | |||
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THIS IS THE ONE! Mountain dreams do come true & this special home delivers the features buyers wish for. Offering 3 Bedrooms, 2.5 Bathrooms*~"Great Rm" floorplan~soaring T& G wood ceilings~a wonderful stone fireplace & BEAUTIFUL LAKE VIEWS from the living rm, dining & decks. The Game Room is a fun zone not to be missed w/pool table~bar~dart board & MORE! Log Style" Cabin exterior, skylights & architectural metal & wood details PLUS LOCATION~LOCATION! Walk, Ride or Roll to the Marina~Restaurants~Village & Alpine Slide in Minutes. Expansive decks & outdoor spa provide wonderful space to relax & restore. Well maintained w/amazing locked storage areas, attached garage, huge boat/RV parking area & fenced yard. There is an alarm system, 180 degree front camera & smart thermostat to warm things up from your phone BEFORE you arrive. This homes location & features make this a great option as a full-time or vacation home.-READY to generate income if desired The manager has listed the unit size as 1902 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017