912 Elk
About This Property
A timeless Big Bear mountain cabin surrounded by tall pines, this inviting 3-bedroom, 3-bath home captures the essence of mountain living. With approximately 1,320 sq. ft. of cozy interior space, the home features warm wood finishes and a beautiful natural stone fireplace that anchors the living area. Step outside to an expansive deck where you can unwind among the trees and enjoy peaceful forest surroundings with peek-a-boo views of the Bear Mountain ski slopes.
The property spans over 24,000 sq. ft. and includes two separate assessor parcels, each with its own address and utilities-offering endless possibilities for expansion or development. A level building pad is already in place at the top of the driveway, ideal for a guest house or future build.
Located just minutes from Bear Mountain Ski Resort, golf, hiking trails, and mountain biking, this home combines classic cabin charm with rare investment potential-a perfect year-round retreat in the heart of Big Bear Lake, California.
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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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by KELLER WILLIAMS BIG BEAR | $549,900 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
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About Big Bear Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017