449 Georgia Street

Big Bear Lake, CA 92315

$1,120,000
Price
5
Beds
5
Baths
1,970 Sq. Ft.
$569 / Sq. Ft.
1,970
Sq. Ft.
$569
per Sq. Ft.

Description

This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active...This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner. Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office. Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental. In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.
  1. Listed by JOSEPH FERRARO • DRE #02056119 • Brokerage DRE #01897906 • RE/MAX BIG BEAR • 909-744-7512

Property Details for 449 Georgia Street

View
Mountain(s), Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1970

Location

Listing Courtesy of RE/MAX BIG BEAR, JOSEPH FERRARO, DRE #02056119
Add your commute
LISTING UPDATED: 04/15/2024 04:49 AM

Property Details for 449 Georgia Street

StatusActive
MLS #EV23220680
Days on Market156
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1924
CountySan Bernardino County

Location

Listing Courtesy of RE/MAX BIG BEAR, JOSEPH FERRARO, DRE #02056119
Add your commute

Building Information for 449 Georgia Street

Building/Complex449 Georgia StFloor-Stories1Residences-Pet Policy-Year Built1924Building Size-

Payment Calculator

$7,374 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,112

Property Taxes

$1,262

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 449 Georgia Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 0
  • Tax Census Tract: 112.05
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 10
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, BLM/National Forest, Dog Park, Fishing, Hiking, Lake, Park, Mountainous, Preserve/Public Land
  • Number Of Units In Community: 5
Property / Structure Info
Interior Features
  • Equipment: N/K
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Zoned
  • Heating: Fireplace(s), Zoned
  • Heat Equipment: Zoned Areas, Fireplace
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • Fence: No
  • Fence: None
  • Fencing: None
  • Structure Type: Quadruplex
  • Property Condition: Turnkey
  • Miscellaneous: Mountainous, Preserve/Public Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Level with Street
  • Lease Considered: No
  • Number Of Units: 5
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Privately Maintained
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Asphalt
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls

Property History for 449 Georgia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 449 Georgia Street

Taxable ValueLand$234,090Additions$374,544Total$608,634
Tax Record2023$15,147 ($1,262 / month)
Home Facts
Total Finished SqFt468 SqFtAbove Grade Finished SqFt468 SqFtStories1Lot Size16,390 SqFtStyleMulti-Family Dwelling (2-4)Year Built1924Year Renovated1960CountySAN BERNARDINOAPN0309-034-36-0000Fireplace TypeHas Fireplace

Schools near 449 Georgia Street

This home is within Bear Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Fallsvale Elementary School
PublicK to 8

Big Bear Middle School
Public6 to 8

Big Bear High School
Public9 to 12

Chautauqua High (Continuation) School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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449 Georgia Street is a multi-family home for sale in Big Bear Lake, CA 92315. This property was listed for sale on December 2, 2023 by RE/MAX BIG BEAR, it's currently listed at $1,120,000. It has been on the market for a total of 156 days and was last sold on April 28, 2022. This listing's school district is Bear Valley Unified School District. Nearby schools include Fallsvale Elementary School, Big Bear Middle School and Big Bear High School. 449 Georgia Street is a 5-bed, 5-bath, 1,970 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX BIG BEAR, JOSEPH FERRARO, DRE #02056119

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.