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Grey Squirrel Resort 39372 Big Bear Blvd
19 Room Hotel Big Bear Lake, CA 92315 $5,950,000 ($313,158/Room)
Executive Summary
• 39357 and 39371 Willow Landing
• Big Bear Lake, CA 92315
• 19-unit lodging facility
• - Situated on the north side of Big Bear Lake Boulevard and Willow Landing
• - Consists of eight contiguous parcels
• - Irregular shaped site with 121,093 S F (2.78 acres)
• - Frontage: 400 feet along Big Bear Lake Boulevard, approximately 200 feet along Willow Landing
• - Terrain: Generally level and at street grade
• - Zoned R-3 by the City of Big Bear Lake
• - Permitted uses include various residential uses; lodging facilities allowed with a CUP
• - Subject property has a CUP on file
• - Parking requirements: 1 space per guest room, 2 spaces per resident manager unit, 1 space for every 20 guest rooms
• - Property observed to have 26 onsite parking spaces, exceeding required 22 spaces
•-Commercial and Residential Mixed-use
•-36 Condos could be built per city planning (Please verify with city)
The subject property is a lodging property located at 39338 , 39346, 39372, and 39390 Big Bear Lake Boulevard and 39357 and 39371 Willow Landing in Big Bear Lake, California. The 121 ,093- SF site spans an entire block
between Big Bear Lake Boulevard and Willow Landing. The 1 9-unit lodging facility is comprised of a total of 19 structures with a total building area of 14,557 S F. There are 16 lodging buildings, 2 storage buildings, and an office building with a 2-bedroom manager’s unit. The facility is at stabilized operation.
Property Facts
Amenities
- Pool
- High Speed Internet Access
- Patio
- Marina
- Wedding Venue
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
About 39372 Big Bear Blvd , Big Bear Lake, CA 92315
Welcome to an extraordinary investment opportunity nestled in the heart of Big Bear Lake, offering a charming 19-cabin resort with expansive potential. Located in close proximity to Summit Ski Resort and the serene Big Bear Lake, this property enjoys a prime position for both recreational enthusiasts and nature lovers alike. The resort features 19 cozy cabins, each uniquely designed to blend rustic charm with modern comforts. Guests enjoy a peaceful retreat amidst the natural beauty of Big Bear Lake. The property boasts a stable income stream from various sources including summer camp events, weddings, and the highly lucrative winter ski season. This diverse revenue base ensures consistent financial performance throughout the year. With commercial and residential zoning, the property presents an exceptional opportunity for expansion. Preliminary investigations suggest the potential for developing 36 condominium units, subject to verification and approval by the city. This opens up avenues for substantial growth and increased revenue streams. The property is located very close to Summit Ski Resort, providing easy access to premier skiing and snowboarding facilities during the winter months.Situated near the iconic Big Bear Lake, guests can enjoy year-round activities such as fishing, boating, hiking, and wildlife viewing, enhancing the property's appeal as a destination resort.Close to popular sightseeing spots and recreational areas, ensuring guests have a wide array of activities to choose from, enhancing their overall experience. This property not only offers a well-established hospitality business with multiple revenue streams but also presents significant potential for expansion into residential development. The combination of commercial and residential zoning allows for strategic growth and diversification of investment. Whether you're looking to capitalize on the robust tourism of Big Bear Lake, expand into residential real estate development, or enhance an already successful hospitality business, this 19-cabin resort presents a rare and compelling opportunity. Explore the possibilities and envision the future of this versatile property in one of Southern California's most beloved mountain destinations.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 19 | $334.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,016,295 | |
| Land Assessment | $763,654 | Total Assessment | $2,779,949 |
PROPERTY TAXES
zoning
| Zoning Code | C-3 (Commercial and Residential) |
| C-3 (Commercial and Residential) |
-
Anita Lee -
Doreen Chen
-
Signature One Realty Group, Inc
Presented by
Grey Squirrel Resort | 39372 Big Bear Blvd
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