24
Map
$500,000
●
Land -
Off Market
990 Pine Knot Avenue
Big Bear, CA 92315
Studio
0 Bath
$2,455
Est. Monthly
About This Property
Prime Development Opportunity - 2.02 Acres Above Big Bear Lake
Village. This is your chance to secure one of the most desirable
parcels in Big Bear -- a level 2.02-acre lot ideally positioned
just above Big Bear Lake Village, the hub of shopping, dining, and
year-round tourism. With multiple development possibilities --
including multi-family condominiums, affordable housing, or senior
living -- this property offers both flexibility and strong income
potential. All projects are subject to City of Big Bear Lake
approvals, and included with the sale are plot maps, architectural
renderings, and official city correspondence to streamline your
planning process. Unbeatable Location. Steps to Big Bear Lake
Village, lakefront, ski resorts, and National Forest access. High
Demand year-round tourist draw, and local housing shortage create
strong market conditions. Level terrain reduces site prep costs and
accelerates construction timelines. With Big Bear's growing
popularity and limited available land near the Village, this is a
rare opportunity to create a high-demand project with strong
returns.
Unit Size
-
Days on Market
389 days
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
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: 2 months ago (CRMLS #219133784PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Relisted | $499,900 | |
| Relisted | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Keller Williams Big Bear Lake Arrowhead | $499,900 | |
| Listed by Keller Williams Big Bear Lake Arrowhead | |||
Show More
Property Highlights
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: Steve Hirschler, Keller Williams Big Bear Lake Arrowhead
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219133784PS
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219133784PS
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017