583 Highland Road
About This Property
Welcome to 583 Highland Rd, Big Bear Lake, CA 92315 - your chance to own an exceptional Big Bear Lake investment property just down the street from Holloway's Marina and Big Bear Lake.
This adorable 3-bedroom, 1.5-bath home has been completely remodeled, blending its classic 1950s charm with modern updates. Inside, you'll find a brand-new kitchen, stylish bathrooms, and contemporary finishes throughout its 1,019 sq. ft. of living space.
Set on a 6,256 sq. ft. lot, the property offers outdoor potential in a peaceful setting while still being close to lake activities, village shops, and year-round mountain recreation.
For investors, this home is a turn-key short-term rental opportunity. With its prime location, upgrades, and appeal to vacationers, it promises strong rental income potential and repeat bookings.
Don't miss this chance to secure a Big Bear Lake gem and invest in one of Southern California's most popular mountain destinations.
?? Key Features
3 Bedrooms | 1.5 Baths | 1,019 Sq. Ft.
Fully Remodeled: New Kitchen + Bathrooms
Spacious 6,256 Sq. Ft. Lot
Hot Tub
Minutes to Big Bear Lake & Holloway's Marina
Active STR Potential – Turn-Key Investment
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Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Listed by KELLER WILLIAMS BIG BEAR | $529,000 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
| Feb 24, 2022 | No longer available | - | |
| No longer available | |||
| Feb 5, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017